Stock Picks

August 14 and ahead: Pullback Plays

1. UNITECH
UNITECH
Unitech looks positive and one can buy near 17.5-18 range and hold with SL of 16.9 for targets of 19/21+

2. ABAN OFFSHORE
ABAN OFFSHORE
A make-or-break chart, ABAN is seeing accumulation and a medium term bottom. Once the stock breaks 240, BUY for targets of 265/275/300 with SL at 225.

3. AP PAPER
AP PAPER
Many stocks which were hammered after long uptrends are bouncing back into play.  AP Paper has shown accumulation in past 3-4 sessions and one can BUY with SL at 240 and targets at 270-300 levels in next 1 month. SL is small and is on closing basis, on spot the SL can be placed at 236.

4. TITAN
TITAN
Speculators and risk takers, BUY Titan 240PE at levels of 3.5-4, SL: 270.5 on spot, Targets: 7+
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