Allahbad Bank

Allahbad bank has been showing good moves recently,so one could buy it if it manages to close above 175, for target of 190.

Update : Uco Bank

Target for uco bank given in this post reached today.

Update :Bata India

Target for bata india reached given in this post here .

GMR Infra

GMR Infra broke out from falling wedge on decent volumes so it could now target 85-90.

DhanBank

Dhan Bank has been trading in a range of 124-155 for last five month and recently there has been increased interest in the stock, so if this stock manages to close above 155 with good volumes then it could be bought for target of 180.

Nifty

Nifty has been moving in a down ward moving channel and now it is near upper trend line which stands at 5320-5325 so it could now face resistance around these levels.

Uco Bank

Today uco bank closed above very strong resistance at 61 with good volumes so now the stock could be bought with target of 70 and stop loss of 60.50 on closing basis.

Nifty

Moving up nifty has overhead resistance at 20 dma(5287) and 10 dma(5292).

Update : Nifty Bearish Flag

Nifty bearish flag target given in this post almost reached as nifty made a low of 5160 today.

Nifty : Bearish Flag

Nifty has formed bearish flag on hourly chart,if 5246 is broken with volumes it could target 5150.

Nifty

Nifty has been moving in an upward moving channel and is now moving towards lower trend line which for today stands at 5248.

Bata India

Bata India gave a breakout from downward sloping trendline with good volumes so it could now target 290 and above, and one could buy it with stop loss of 250 on closing basis.

VIP Industries

VIP Industries has given a breakout from ascending triangle on decent volumes so one could buy it with target of 345-350 with stop loss of 280 on closing basis.

Vinati Organics Limited

Vinati organics has given a breakout on good volumes after long consolidation, it could now target 92.

Nifty :In Channel

Nifty has been moving in an upward moving channel , if the lower trendline is broken with good volumes it could take nifty to 5180.

Sensex

Today we have crossed 18000 mark in sensex after two years , but going up sensex has a very strong resistance in form of Island reversal gap (18298-18448)which it created in feb 2008, so one should be cautiously optimistic in longs.

IndiaGlyco

India Glyco has given a breakout from squeeze set up on good volumes, so one could buy it with stop loss of 137 on closing basis.

Update2 : Reliance

Target reached for reliance given in this post here .

Nifty Weekly Chart

Above chart show loss of momentum on upside so we could see some correction this week.