Nifty is around the support levels of 5000 but we have seen some serious signs of panic selling in lot of midcaps/smallcaps which have knocked of 20-50% of their value in less then a week.   This sort of selling was not seen in drops till now. Although this implies [...]

  Over the past many months we have been recommending Godrej Inds at 185-200 levels as well as had many trading positions in it in this range of 185-240.   But lets look at a little longer time horizon on the stock and possible reasons for buying the stock with [...]

  Escorts — The stock has fallen sharply with no meaningful pullback. Closing above 76 opens up a move to 82 in short term and even 90-95 in extreme case.   Please do your own research as the stock is a volatile one. Disclosure: Have advised clients at 75.   [...]

  The stock has started a fresh downmove possibly to 650-750 levels.   Although we are having a short view this is just an update for people to avoid this falling knife.   Regards,   Nooresh

  Berger Paints –   Had recommended the stock in our detailed powerpoint as a good midcap pick, The stock has remained resilient in current markets and is on verge of a major breakout. Accumulate between 112-102 with a stoploss of 95 and target price of 120-135 in medium term. [...]

In the last few weeks had posted many technical charts and we saw good directional moves giving a spurt of 5-10% in quick time.   Chambal Fertilizers – 108 to 116   GMDC – from 170 to 190 +   GSFC – 395 to 430   Idea 98 to 103 [...]

    Chambal on a short term breakout above 107-108 can give a target of 115 in near term.     On weekly charts we can see a perennial resistance in the band of 108-115. The stock may be on verge of a long term breakout which can even give [...]

  The stock looks set for 210 + levels in short term.   Dislcosure: Have initiated a client call to buy at 191-192.   Also traders can keep a watch on GMDC if trades above 185 could give a good move to 200 levels.   For the index the view [...]

GMDC — Super breakout can head to 200-250 in medium term. Short term target 190. Disclosure – Recommended at 168 and booked at 183 but looking at re-entry.   GSFC — A stock on radar for long term. Even chambal looks interesting in the fertilizer space.     IDEA – [...]