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A Blog for Indian Stock Market

Friday, July 29, 2016

Weekend trackpad


Hello everyone, It was another good week to end, wherein Nifty manages to close near to 52 week highs. It was an eventful week for our investments and short term trading too. Click on the link below for the trackpad. https://drive.google.com/open?id=0B_J98eLYWsF2SEItTXlZSzJYcHc For more news, stocks and investment ideas do visit us at pentadinvestmentadvisory.blogspot.com Happy weekend! Praveen...

Wednesday, July 27, 2016

Reliance Industries: Add to portfolio


RELIANCE The true wealth creator of last bull run; has been moving sideways for many years now. However, if one were to closely observe the price movement, we can find that it's been moving in a upward moving channel. It has tried a breakout once in 2014; but failed...

Tuesday, July 26, 2016

ZEEL: Entertained reloaded


ZEEL This stock has been in a perfectly trending channel. This stock now creating a new upward elevated channel, which could push prices higher and out of the current channel; making it to move higher rapidly. Fair target over the next two years: 75...

Andhara Bank: Add to portfolio


ANDHARABANK After being in the downward moving channel, the breakout is confirmed by retesting the channel last week. This Bank could give impressive return and could move towards 100 mark over the next two year...

Gillette: Ready for a razor cutting move


GILLETTE After completing the correction phase, this stock has been moving slowly on the upside with giving higher high-low on the weekly chart. The stock could move rapidly in the weeks to come and could take out the previous high of 560...

Sunday, July 24, 2016

A word of caution: Market getting heated up...


Markets are getting heated up on the upside move (since day of budget), the correction is due round the corner. While there is no signs of a major downside (few great analyst whom I trust and follow is actually calling for a major downside), the healthy correction is due and could drag you down if being indiscipline. Exercise caution until Nifty fails to close above 866...

Tata Power: Add to Portfolio


TATAPOWER The most reliable power company for retail consumption, is also reliable for long term wealth creation. Having bounced from a downside moving channel, now it has the potential to move upside with 120 - 150 target levels on the cards down the line for 2 ye...

Federal Bank: Add to Portfolio


FEDERALBNK This little yet most powerful bank has more steam left in its kitty for upside. On all parameters, this bank looks good for a 2 year time horizon. This stock is definitely going to make it really really BIG....

Aurobindo Pharma: Add to portfolio


AUROPHARMA One stock which is making news amongst analyst is AuroPharma. Having broken the neckline of an inverted H&S, the stock is ready to hit the resistance at 820 levels. Once surpassed it could move up towards 900 mark. Add to portfolio with 2 year time h...

GHCL: More upside in making.


GHCL GHCL had a fantastic run upside and the move could be further fired up for an explosion. The final run up is yet to happen in this stock. Hold this stock for a final run up. Very Risky. Target 260 - 280. 25/07/2016: CMP: 225, Book Profits. Call Closed....

Techno Electric: Give it a shock...


TECHNO After being in a consolidation range, the breakout was phenomenon with strong volumes. The breakout is now been confined to a channel. If the channel holds, this could light up more in coming days. The target is 650 - 690. 26/07/2016: CMP: 622, Book Complete...

Thursday, July 21, 2016

Stay light this weekend...


Dear All, At times we need to be light with our positions in the market. One such weekend starts today, though there is no major danger for underlying trend in market; a caution this weekend is recommended. We will start adding more stocks post Monday; considering Monday's outlook. As of now, I expect markets to rise higher from the second half of Monday next week. Till then stay light. Happy weekend... Praveen...

Track Pad as on 21st July, 2016


Since there are too many calls, I have added a track pad updated which shows all calls at one go...Please click the link to view it. Thank you. Praveen Pathiyil https://drive.google.com/open?id=0B_J98eLYWsF2d0d6ZUdRaTNuQ...

Wednesday, July 20, 2016

Raymond: The complete triangle!


RAYMOND Ths scrip has been moving within a pattern of triangle. The breakout of this triangle today gives us a breakout implication of around 510 and more. Looking at the MACD, it is evident that the breakout would make the implication to its full swing.  24/07/2016:...

ACC: Cementing it strong


ACC We have seen a quiet distinguishing pattern in ACC chart. A long consolidation, a sudden move; another long consolidation, a sudden move; and now its on its verge of breaking another consolidation. If the breakout happens i.e. a move above 1645 would take it to...

Tuesday, July 19, 2016

Monday, July 18, 2016

Sunday, July 17, 2016

RCom: A possible expanding triangle in making


RCOM: Attached herewith is the weekly chart of RCom. Having bounced from the 45 levels, the bottom might be in place for a medium term horizon. It appears to be in an expanding triangle form. Targets are around 90 and if successful above it for a target of 13...

Friday, July 15, 2016

UPL: Another breakout in making.


UPL This is yet another scrip, where we see volumes surge in the past two month, followed by a false breakdown, then a consolidation with relatively lower price action. Now ready for a real breakout. Buy with a target of 600 - 620.  26/07/2016: CMP: 589, Book...