RANBAXY

Buy Ranbaxy above 480 Target 520 SL 460

GMR INFRASTRUCTURE

Buy GMR Infra at above 25 Target 27, 31 SL 23

BANK OF BARODA

Buy Bank of Baroda @ CMP 652 target 730 SL 606

BANK NIFTY

Buy Bank Nifty at CMP 11375 Target 12400 SL 11185

AXIS BANK

Buy Axis Bank @ CMP 1240 Target 1340 SL 1209

YES BANK

Sell Yes Bank at 391 Target 344 SL 395

TATA MOTORS

Buy Tata Motors at CMP (391) Target 405 SL 386

COAL INDIA

Sell Coal India at CMP (289) Target 265 SL 294

SIEMENS

Buy Siemens above 630 Target 690 SL 600

ULTRA TECH CEMENT

Buy Ultratech Cement at CMP (1881) Target 2000 SL 1854

AXIS BANK

Buy Axis Bank @ CMP 1097, Target 1200 SL 1075

L & T

Buy L & T @ CMP 919 till 900. Target 1020 SL 895

RELIANCE CAPITAL

Buy Reliance Capital @ CMP 370, Target 385 SL 365

IDBI Limited

Buy IDBI Bank @ CMP 67, Target 72 SL 65

ICICI Bank

Buy ICICI Bank at CMP 1050, Target 1140 (if it crosses the small hurdle at 1064) SL 1035

BANK OF BARODA

Buy Bank of Baroda @ around 505-510 for target of 540. SL 501.

INDUSIND BANK

Tomorrow watch out for Banking stocks. All will go up. 

Buy Indusind Bank @ around 390 for a target of 410 - 425. SL 380.

RELIANCE INDUSTRIES

Reliance has reversed from its trend line support. A good opportunity to buy (CMP 825) for a target of 865. SL 805.

What Happened to Our Recommendations This Week

See the Results of Our Recommendations this Week

CENTURY TEXTILES

Century Textiles is a buy at current levels (CMP 214) target 270-320 SL 195.

CANARA BANK

Canara Bank is at its 5 years low and also at multiple support levels. Showing the signs of reversal.  

Considering that the Bank Nifty is bouncing back, recommended to buy at CMP (245) and add at each dip. 

This can be a very rewarding trade as the risk is very low.

MAHINDRA & MAHINDRA

Very good opportunity to enter Mahindra and Mahindra (CMP 864) for a target of 900-920. SL 850.

COLGATE PALMOLIVE

Buy Colgate Palmolive (CMP 1296) for a target of 1369, SL 1256

BAJAJ AUTO

Buy Bajaj Auto (CMP 1782) for a target of 1869-1920 SL 1748

BHARTI AIRTEL

Bharti Airtel was recommended to sell on 1st August @ 343. It came down to 318.

Now it is a buying opportunity as the stock is at trend line support. Buy for a target of 350.

RELIANCE INDUSTRIES

Reliance is retesting the break out. Sell below 830 for a target of 790. SL 840

BHARTI AIRTEL

Bharti Airtel - A very good opportunity to short. Stock has touched trendline resistance and has come down already.
.

HERO MOTOCORP

Hero Motocorp has retested the break out and giving a buying opportunity with a target of 1880.

BAJAJ AUTO

Bajaj Auto is a HOT Buy for tomorrow (1st Aug 2013). Buy at opening for a target of 2000. SL 1924

AB NUVO

Aditya Birla Nuvo is coming down towards 1113 which is the retest of the break out. Buy @ CMP (1140) and accumulate till 1113 for a target of 1200.

L & T

Sell L & T @ CMP (867) for a target of 820 SL 890

UNITED SPIRITS

Buy United Spirits @ CMP (2710) Target 2800 SL 2700

TECH MAHINDRA

Tech Mahindra has given a break out. Buy at CMP (1155) for a target of 1200,1330 and eventually 1500.

BAJAJ AUTO

Bajaj Auto @ Break out. Buy at CMP for a Target of 2050.

BHARTI AIRTEL

Bharti Airtel has given breakout above 306 with positive RSI. Probable Target is 330 with a SL 295.

NIFTY

NIFTY Facing Resistance:

Nifty is facing trendline resistance. It is reversed at 50% Fibonacci Retracement level. Also facing resistance at 50 DEMA. RSI confirms the downtrend.