Torrent Power

Targets for JP Ass, Monnet Ispat, Torrent Power achieved.

Monnet Ispat can be a hold. Above 165, it can target 250-300 in 6 months.

TorrentPower

Torrent Power can be bought at 125-127 again for a target of 160-165. SL 120.

M&M Fin

Torrent Power, Jp Ass, Monnet Ispat, Wipro, Delta Corp

All seem to have given breakouts.
Idfc seems to have completed its correction. Anyway it can be bought even on dips. In worst case scenario it can go to 103. It is for long term. Targets at 140, 165.

Monnet Ispat

Monnet has given a breakout now.

JP Assoc.

JP Ass. after a steep fall has done a 1-2 at 37, then a small i & ii seems to have completed at 52 region. Can be bought with a s/l at 50. Target of 70-75.


Torrent Power is moving well.

Wipro is in its last leg of downfall. Seems to be in iii of  C5.

MCX is showing bounce from the level of 78.6% of its last rise. It can now easily cross 610-620 level and move towards 820.  A small resistance at 700 level.

Monnet Ispat

Monnet Ispat seems to have completed its correction. Can be a buy here. S/L 77.5, Ist Target 120-130. Long term if it holds above 60, can double.
 Fundamentals are also too strong. EPS of Rs.32.3 , book value of Rs.392. (Source Moneycontrol)

BankNifty

Bank Nifty Future stuck in a tight range. Wait for a breakout.