Indraprastha Gas Limited

IGL has been moving is moving in a channel  and taking  support at lower channel as shown in chart. STOC is showing a positive divergence and stock can move upwards and move to upper channel on daily charts

Buy above 333 Tgt 337 and 341 Sl 324.

Orient Ceramics and Industries Limited

Orient Ceramics has been in a bull market from a rally of 50 to 98 and is trading at all time highs.Stock is trading at PE of 6 and gave a good results.Volumes are on higher side and if 98 is taken out with volumes we can see an up move of another 10%

Buy on close of above 98 Tgt 101 and 104

Hero Honda

Hero Honda broke 200 DMA this friday and multiple support levels placed around Rs1,810-1,830, which coincides with its 200-DMA.

It has formed Bearish candlestick pattern on the weekly chart, confirming the negative trend.

Every pullback is likely to face resistance around Rs1,830 (200-DMA). The stock is going ex-dividend by Rs30 on Monday.

Short between the levels of Rs1,750-1,760 with SL  Rs1,790 for target of Rs1,680

FDC Limited

FDC Limited has shown a breakout on daily charts and weekly charts and can consolidate in a range of 101-105 or can directly break above 108 depending on market conditions.

Buy above 108 tgt 111,117 and 125

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