Buy petronet @ 251.2 target 257 (intraday )dtd 25/1/2016
Buy hdfc target 1179 stop loss 1157.95.The stock is showing reversal pattern.
Sbi looks good .Sbi closed above crucial R1 level 259.6 (cmp 260.2) on the daily chart . Taking 3 trading sessions the stock has created a bullish pattern . The stocj is heading towards 264.9 - 267 in the coming days .
Wockhardt pharma seems to be under the bear grip . The stock can come upto 861.4 (cmp 879.6) . Taking 3 trading sessions the stokc has created a inverted hammer pattern on the daily chart . So more correction likely in the stock .
Sell Wockhardt pharma tgt 861.4 sl 896.3
Chennaipetro under the bearish grip . The stock has not been able to move above 308 level (M r1) in the past few weeks .Those who are holding chennaipetro can exit from the stock for the timebeing as selling pressure might intensify in the coming weeks . The stock will move towards 282 in the coming days .
Sell chennaipetro target 282 .(cmp 289.8 )