Gaurav Garg, Head of Research, CapitalVia, answers readers's stock market queries
Please mail your questions to email@example.com with the subject line 'Ask Gaurav', along with your name, and Gaurav Garg will offer his unbiased views.
P S MURALIDHAR: Sir Pl suggest whether I hold it or sell this stocks for short / long term
- IFCI is in a down trend; if it breaks support at 5.60 then it can touch 4.30 and if sustains then can go up till 7.60 in few days.
- Hathway Bavani: Down trend; if it breaks the support level, it can touch 22 now; if sustains then will go up till 34-35 soon.
- IEX: Down trend, major support of 170. If it breaks then can touch 145-140 or if sustains and breaks major resistance 200 then will go up till 220-235
- Parag Milk: Major support of 80 and major resistance 120. If breaks then will show 140-160; now in consolidation phase
- Adani Power: Coming in up trend; major resistance at 42; if breaks then 52-65 can be witnessed.
Nunthara Nil Nil: Yes the stock market is quite unpredictable. I should like to get your advice on the following stocks held by me. Kindly advice whether to hold, exit or whatever?
1. Indostar: Coming in bullish trend, major resistance 330, if breaks then can touch 400-440
2. Mold-Tek Finance: Highly volatile, major resistance 65, if breaks then 80-95 can be seen
3. Kei: Down trend, if breaks 300 then will show 255-210, resistance level 430, if breaks then 520 will come.
4. Manappuram: Sideways movement, downside support 140, if breaks then 110 can come, and Resistance 170, if breaks then 190-220 can touch.
5. Cupid: Slightly down trend, can break 190 then 155 resistance, if breaks then 165-190
6. Persistent: Down trend, can touch 950 then 780 if sustains then first resistance 1260 then 1380
7. Sagar Cement: In upside movement, if breaks resistance 820 then can touch 940
8. Symphony: Is in down trend, if breaks 820 then can touch 760 soon.
9. Cholamandalam: Is in bullish trend, soon can touch 350 then 400
10. Container: BSE stock, is in lower circuit, very less chance to come up in this month.
11. Minda: Down trend, support 63, if breaks then can touch 53 soon.
12. KEC International: Up trend, resistance 360, if breaks then 385-420
13. Kirloskar Brothers: down trend, if support 96, if breaks then 85-76 soon.
14. Ircon International: Down trend, support 70, if breaks then can show 58-45
SUHRIT K GHOSH: I have 20 shares of ERIS LIFE SCIENCES at 606. What to do?
Gaurav Garg: Sideways trend, resistance 540, if breaks then 590 can be seen, if downside support 470 breaks then 410 can come.
I have 100 shares of GREAVES COTTON at 140. What to do?
Gaurav Garg: Down trend, is on support level 65, if breaks then 55 can touch.
parveen goyal: I am holding 800 shares of Future Retail @Rs115. Please advise till how long to hold it or some other solution.
Gaurav Garg: Down trend; if breaks support of 60 then will move further downwards from there, resistance 110, if breaks then can touch 145.
jprithviraaj06: Hi Sir hope u doing well I am holding following stocks. plz Guide me for them
- Aarti Drugs: 530@785: Down trend, if support of 615 breaks then can touch 520, if sustains and breaks resistance of 700 then can touch 810.
- Adani Enterprises: 1554 @ 300.84: Up trend, soon can show 420.
- Adani Green: 971@726: Up trend, resistance level 900, if breaks then 1000 can come.
- Adani Power: firstname.lastname@example.org: Coming in up trend, major resistance 42, if breaks then 52-65 will come.
- Bandhan Bank: 1650@255: Resistance 335, if breaks then 390 can come, support @ 250
- Dr Reddy: email@example.com: If support 4820 breaks then 4700 can come, if sustains and turns then 5100 can touch.
- HUL: 51@2127: Down trend, if support 2000 breaks then 1840 can come, resistance at 2200.
- IDFC First Bank: firstname.lastname@example.org: Support 27, if breaks then 22 then 17 can come, Resistance at 35 if breaks then 42 can touch.
- RIL: 279@2143: Bearish trend, can take support from 1800, if breaks and sustains below then 1700-1500
- SBI: email@example.com: coming in bullish trend, near to resistance of 207, if breaks then 230 can touch.
- Tcs: 150@2260: near to support 2600, if breaks and sustains then 2520-2350 can touch.
- Vishal Fabrics: 2158@313: continue lower circuit, can take support from 145.
- VOLTAS: 33@703: Is in a bullish trend, if breaks support 740 then 800 can touch.
- YESBANK: firstname.lastname@example.org: Down trend, can touch 6.
manish: i have the following stock and request your advice on them
- Federal Bank - email@example.com: resistance is on 58, if breaks then 62-68 can touch, support is on 45.
- HDFC Bank - firstname.lastname@example.org: Bullish trend, near the resistance 1250, if breaks then 1300-1400 can show.
- Infosys - 10@682: If breaks near support 1050 then 970 can touch.
- IRCON - email@example.com: Down trend, if support 70 breaks then can show 58-45
- ITC - firstname.lastname@example.org: Turning from support level, if breaks resistance 175 then 195 can touch.
- Petronet LNG - email@example.com: Is in down trend, if breaks 210 then 175 can test soon.
- Reliance - 10@1145: Bearish trend, can take support from 1800 if breaks and sustains below then 1700-1500
- SBI - firstname.lastname@example.org: coming in bullish trend, near to resistance of 207, if breaks then 230 can touch.
- Siemens - 10@1165: In in up trend, can touch 1370 then 1500 soon.
- TCS - 5@1938: near to support 2600, if breaks and sustains then 2520-2350 can touch.
- Titan - 10@1135: Taking support of 1155, if sustains and breaks 1215 then 1270 can touch.
Sam Sunder Raj: I am holding these shares. Would be highly obliged if you give your unbiased advice as to whether to hold, sell or buy / add to these shares?
- Emami Ltd 100 @ 393.60: Bullish, near resistance 410, if breaks then 470 can come, support is 335.
- Hindalco 200 @ 175.00: Sideways trend, support is 150, resistance 200, if breaks then 220-255.
- VIP Industries Ltd 100 @ 307.80: Bearish trend, 260 is support, if breaks then 235 can touch.
- ITC Limited 50 @ 179.00: Turning from support level, if breaks resistance 175 then 195 can touch.
- Tata Motors Ltd. 100 @ 143.80: Up trend, if resistance 145 breaks then 155-175 can test.
- Bharti Airtel 50 @ 445.10: Took the support of 400, if resistance 500 breaks then 560 can come.
- Escorts Ltd. 10 @ 1307.00: Bullish trend, resistance is 1280, if breaks then 1350 can come.
- Aurobindo Pharma 25 @ 837.00: Bearish trend, if 740 support breaks then 700 can touch.
- HAL 25 @ 874.00: Bearish trend, can touch 620 then 500.
- Yes Bank Ltd 6,000 @ 15.00: Down trend, can touch 6.
- Tech Mahindra 60 @ 869.00: Bullish movement, can touch 850 then 880 soon.
- Wipro Ltd. 250 @ 372.60: If breaks the support 330 then 300 can touch.
- Infosys Ltd. 50 @ 1146.00: If breaks near support 1050 then 970 can touch.
- Coforge 40 @ 2666.00: Bearish trend, if support 2050 breaks then 1900 can touch.
- HCL Tech 80 @ 896.20: Down trend, if breaks support 780 then 730 can come.
- SBI 100 @ 194.10: coming in bullish trend, near to resistance of 207, if breaks 230 can touch.
- Axis Bank 100 @ 497.70: Near the resistance 545, if breaks then 590 can touch.
- Bandhan Bank 100 @ 312.00: Resistance 335, if breaks then 390 can come, support @ 250
Ramamani S: I wish to ask for some advice please on some matters reg equity shares I hold in some reputed organisations. I will be happy to receive your advice on these stocks and then will take it further from there.
1. Tata Davy - I understand that this company has been taken over by Tata Steel. I had sent xerox copies of my certificates to their transfer agents about eight weeks back. They are yet to respond...!!!...
Answer: Stock not found.
2. I had invested in equity shares of DCM Toyota Ltd, few years back. Understand, DCM had wound up and branched off into Real Estates but, Toyota had found a new partner in Kirloskar and are successful. I am happy at their success but I am left with a "useless" 200 equity shares of DCM Toyota Ltd. Can I recover my money?
Answer: If support 16 breaks then 12 can touch.
3. I had put some money to buy equity shares in Bihar Alloys Ltd. Understand they have changed their name to something like Urmi Special steels Ltd and functioning. How can I recover my money from them?
Answer: Stock not found.
Sanjeev Mehrotra: I am a small retail investor. Kindly advise your views on:
1) Bajaj Finance (purchase price ₹3600): Is in a bullish trend, can touch 3750 then 3950.
2) Yes Bank (purchase price ₹13.50): Down trend, can touch 6.
3) Tech Mahindra (purchase price ₹720): Bullish movement; can touch 850 then 880 soon.
4) HCL Tech (purchase price Rs860): Down trend, if breaks support 780 then 730 can come.
5) Equitas Small Fin Bank (purchase price ₹33): Down trend, if breaks support 40 then 33 can touch.
Dr. Maheswari Murali: I have the following stocks. Kindly give your opinion. I AM planning to invest rs.10000 every month. Which stock can I prefer for that?
- Bajaj finance 25@ 3320: Is in a bullish trend, can touch 3750 then 3950.
- Aarti drug 120@ 720 after bonus: Down trend, if support 615 breaks then 520 can touch, if sustains and breaks resistance 700 then can touch 810.
- HUL 40@ 2250: Down trend, if support 2000 breaks then 1840 can come, resistance at 2200.
- HINDUSTAN AERONAUTICS LIMITED 80@ 1030: Bearish trend, can touch 620 then 500.
- DEEPAK FERTILIZER 200@ 180: Taking support of 135, If breaks then 120 can come, if sustains above then 175 can touch.
- TATA POWER 300@ 61: Taking support of 50 if breaks then 45 can touch. If sustains then 57-63
- GMM FAUDLER 5@5700: Bearish trend, if breaks 3450 then 3250 can touch
- ALKYL AMINE 10@3150: Bearish trend, if breaks support 2850 then 2600 can touch.
- DIXON 20@ 9165: Up trend, resistance at 9650, if breaks then 10000 can touch.
- VINATI ORGANICS 50@ 1250: Bearish trend, if breaks support 1150 then 1085 then 990 can touch.
- ASTRAL POLY 60@1130: support is 1060, if breaks then 1000 can come
- COFORGE 20 @ 2350: Bearish trend, if support 2050 breaks then 1900 can touch.
- LIC HF 75@ 280: Sideways movement, if resistance 320 breaks then 350 can come.
- ICICI BANK 75@ 395: Bullish trend, broke the resistance, next is 475 if breaks then 500 can test.
- HCL TECH 30@ 860: Down trend, if breaks support 780 then 730 can come.
- MINDTREE 35 @1390: Sideways trend, support id 1220, Resistance is 1470.
- WIPRO 50@ 343: If support 330 breaks then 315 can touch.
- LT INFO 10@ 3200: Taking support of 2800, if sustains then 3150 can touch.
- LAURAS LAB 150 @310: Bearish trend, can touch 270 then 250.
- DR REDDY 15@ 5450: If support 4820 breaks then 4700 can come, if sustains and turns then 5100 then 5250 can touch.
- ADANI GREEN 45 @ 703: Up trend, resistance level 900, if breaks then 1000 can come.
- TV 18 NETWORK 1000@ 31.20: Bearish trend, if support 27 breaks then 25-22 can touch.
- PI INDUSTRIES 10 @ 1980: Bullish trend, no resistance, can hold with support sl 2140.
- BEL 100@ 110: Taking support of 86, If breaks then can touch 80.
- ASTRA MICEOWAVE PRODUCT'S 100 @ 114: Bearish trend, if support of 103 breaks then 95-86 can touch.
Illustration: Dominic Xavier/Rediff.com
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