Devang Kabra.

22nd march 2020.

Adani Ports and Sez

CMP is 256. 251 is a major support. Bullish zone only if stock breaks 321 on the upper side before closing
below 251 for 1 week. 205 will be tested if this happens. Bias: Bearish

Ageis Logistics ltd

CMP is 141. Major distribution has happened after posting highs in January 2018. 115 is the last hope. If
big money buys and keeps the stock above 115, then stock can continue the primary long term upmove.
Can add to buying positions above 150 and add further above 230. SL at 115. Bias: Bullish

Ashok Leyland
CMP is 44. Stock has fallen down very sharply from April 2018 highs. There was no accumulation seen in
any of the falls. Bottom formation is yet to be seen. Stock could go down till 37. Bull zone above 88
only. As per charts, this stock has contributed enough to the bull run already and will not be a great
participant for the next one whenever it happens. Better to stay away till the time accumulation is seen
on the stock. Bias: sideways to bearish.

Bajaj Finance
CMP is 2951. The stock has taken a major support of 2500 and has started going up. Stock will become
bullish again if it breaks 3876 on the upper side before breaking 2192. Bias: Sideways to bullish.

Bharti Airtel
CMP is 462. The stock is one of the rare bull stocks in this market. The stock gave a brief 10 year
breakout and trapped the longs. However, the charts show that the trap move is over and a fresh
upmove will start by genuine buying. Can buy at all levels with 385 as SL. Should cross 590 and beyond.
Bias: Bullish

Cholamandalam
CMP is 193. Sharp selling took place and some more selling is yet to conclude. If it breaks 186, then will
test 147. Bull zone only above 275. Base formation yet to happen. Bias: sideways to bearish

Coromandel International
CMP is 554. Stock is safe as long as it trades above 426. Can buy with SL of 449. Add more after crossing
628. Bias: Bullish

Divis Labs
CMP is 1993. All dips since past 8 years are met with follow up buying of more quantity. There is very
low risk for longs in this stock. Can buy with SL at 1617. Targets are 2700 and beyond. Bias: bullish

Escorts
CMP is 675. Stock is in bull zone above 524. However, fresh buying can be done when stock moves and
sustains above 716 for 1 week. SL for this trade will be 647. Bias: sideways to bullish

Dr Lal Pathlabs
CMP is 1406. Distribution is still going on. Some selling is likely to continue before the stock forms and
base for moving up. Wait and watch till levels are clear. Bias: sideways
Galaxy surfactants
This is a feb 2018 IPO. The charts are very recent for a proper conclusion. One should buy this stock only
above 1750. Till then, things are uncertain with this stock.

HDFC AMC
CMP is 2423. Stock will enter bull zone above 3146. Till then, the movement is not very clear. Bias:
sideways.

HDFC Bank Ltd

CMP is 882. Stock is facing selling pressure. Selling can continue till 650 levels. Pull back rallies will come
but stock selling will come at all rises. Bias: bearish

ICICI Lombard
CMP is 1004. Accumulation seems to have started after the correction. Can buy at CMP with 872 as SL.
Cross above 1179 will confirm the trade and can buy more after that. In a rare case scenario, if stock
closes below 872 and sustains for a week, then 683 will be tested. Bias: Bullish

Inox Leisure
CMP is 283. Bull zone only above 351. Bear zone below 249. The stock is at wait and watch for time
being till accumulation / distribution gets confirmed. Bias: sideways

Interglobe aviation
CMP is 871. Stock has recently broken all the major support levels and is in bear zone. If the stock moves
above 1000 immediately within next 2 weeks, then we can consider breakdown as false and play for a
small move of 1000 to 1300. If stock remains below 1000 and breaks 811, then all time lows of 691 will
be tested and perhaps, broken. Avoiding this stock is the best approach. Bias: sideways to bearish.

Metropolis healthcare
CMP 1553. Major support for the recently listed stock is 1508. Break of 1508 will open up 1164. Buy only
on crossing above 1730 with 1508 SL. Bias: Bullish

PI Industries
CMP 1200. Selling is going on. Looking at the long term charts, buying will surely come in at some point
of time and stock is highly unlikely to crash. One can buy 25% qty at CMP with SL at 1132 . One can
accumulate 75% qty after crossing above 1400. Bias: Bullish

PVR Ltd
CMP is 1310. Base formation post sell off has started. Can buy at CMP with SL at 1090. This chart has the
potential of giving a V shape recovery. Bias: Bullish

SRF Ltd
CMP is 3216. Base formation post sell off has started. Can buy at CMP with SL at 2555. Long term
bullishness will be confirmed after crossing of 3927. Bias: bullish
Tat a Elxsi
CMP is 598. The price zone of 520 – 600 is a make or break zone for the stock. Breakdown will lead to
320 and taking support at these levels and crossing over above 752 will lead to 1046/1300. It is better to
avoid any trade unless the direction is established. Bias: sideways to bearish.

Torrent Power
CMP is 1893. Correction is going on. The stock can be purchased if it crosses 2000 before hitting 1600.
Bias: sideways to bullish

Vinati organics
CMP is 790. There is pending overhead supply which will come in once stock hits 900-950 levels. Once
this supply is absorbed, the stock will move upwards. Can buy 25% with SL of 689. Buy 25% more after
crossing 921 and balance 50% after crossing 1110. Bias: sideways to bullish.