1st April, 2014 and ahead: Stocks to watch

HUL
HUL (Weekly)
Stock: HUL
This is the weekly chart of Hindustan Unilever Limited. From a technical prospective, the stock after consolidation has formed a bottom of it's fall from 720 to 540 levels. The stock has closed above it's weekly pivot of 590. Today, the stock closed around 610 levels. Positional traders can go LONG in HUL for levels of 720. Add on dips (if any) in the 580-590 zone and hold with SL of 550 for 720 levels and even higher.


AJMERA
AJMERA
AJMERA on the daily charts appears to have formed a double bottom and broken above it's previous pivot high. BUY @ 57, SL: 53, TGT: 65. Trade as per risk capacity as SL is big.

JMFINANCIL
JMFINANCIL
JMFINANCIL saw a spurt in volumes like many other banking licence candidates in today's session. We have adviced a positional LONG a few months back at 25 (Risky). A short term trader can BUY at 28. SL: 27, TGT: 30. The stock crossing 32 will be a strong breakout for good positional play.

MPHASIS
MPHASIS
Mphasis has broken above the falling trendline resistance at 420 levels. Short term traders can go LONG at 427 levels with SL at 420 for target of 441-442. There is resistance for the stock in the 445-465 zone. This stock can be a good positional above 465 (Closing Basis).

NIIT
NIIT
NIIT saw a strong spurge in volumes today as it gave a breakout above 30.5 levels. The stock close at 31.4. Support exists at 29. One can go long in this counter for target of 36.5-37, SL: 29.

SHAKTIPUMP
SHAKTIPUMP
Shaktipump has broken above resistance in the 79-80 zone with a rise in volumes. Watch this counter for a close above 88. Currently at 84, it could test 88 levels. Once 88 breaks, the next target is 95.

THOMASCOOK
THOMASCOOK
Thomascook has broken above resistance at 92 levels. The stock is now in a BULL zone and could head towards 110 levels. BUY at 98, SL: 92, TGT: 110

WOCKPHARMA
WOCKPHARMA
Wockpharma hit upper circuit on 2nd April and saw a huge rise in volumes. The stock has broken above crucial resistances. The stock could head higher and test 600 levels. Buy @550, SL: 525, TGT: 600.

MONNETISPA
MONNETISPA
BUY at 88.5, SL: 85, TGT: 96. The chart clearly shows a breakout in this stock. The stock is seeing strong accumulation since March '14.

ORIENTBELL
ORIENTBELL
Watch for a close above 53, the stock head for 63 levels above that. SL at 49.

BFINVEST
BFINVEST
BUY BFINVEST at 66 with SL of 60 for target of 78-80. The stock has broken above it's 2 year long resistance with a good rise in volume.

DEN
DEN
DEN looks set to continue it's rally. With a SL of 180, the stock can touch targets of 210 levels in the coming sessions.

GMDCLTD
GMDCLTD
GMDC has given a breakout above 131 levels. The stock can see upside from here as long as 123 holds. The textbook target for this breakout is 138. SL for the same can be put at 128.


TCI
TCI
TCI has been in consolidation since Jan '14. The stock has given a breakout from this consolidation with a spurt in volume. BUY TCI near 111, SL 103, TGT: 127+
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