Ask Gaurav: Your stock queries answered

Gaurav Garg, Head of Research, CapitalVia, answers readers's stock market queries

Please mail your questions to getahead@rediff.co.in 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

Gaurav Garg:

• 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?

Gaurav Garg:

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

Gaurav Garg:

• 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: 8759@37.65: 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: 43@4793.25: 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: 10491@27.89: 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: 6000@181.81: 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: 35325@13.35: Down trend, can touch 6.

manish: i have the following stock and request your advice on them

Gaurav Garg:

• Federal Bank - 100@57.56: resistance is on 58, if breaks then 62-68 can touch, support is on 45.
• HDFC Bank - 10@1055.18: 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 - 100@95.6: Down trend, if support 70 breaks then can show 58-45
• ITC - 110@207.5: Turning from support level, if breaks resistance 175 then 195 can touch.
• Petronet LNG - 25@244.36: 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 - 10@185.22: 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?

Gaurav Garg:

• 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.

Gaurav Garg:

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:

Gaurav Garg:

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?

Gaurav Garg:

• 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

Disclaimer: This article is meant for information purposes only. This article and information do not constitute a distribution, an endorsement, an investment advice, an offer to buy or sell or the solicitation of an offer to buy or sell any securities/schemes or any other financial products/investment products mentioned in this QnA or an attempt to influence the opinion or behaviour of the investors/recipients.

Any use of the information/any investment and investment related decisions of the investors/recipients are at their sole discretion and risk. Any advice herein is made on a general basis and does not take into account the specific investment objectives of the specific person or group of persons. Opinions expressed herein are subject to change without notice.

About CapitalVia

CapitalVia Global Research Limited (Investment Advisor) is a SEBI-registered pure play financial market research and consulting company.