Stock Tips and Nifty Tips 1/07/2015

NIFTY OUTLOOK FOR 01/07/2015

BULLS ARE BOUNCING FROM 8200 LEVELS,
8177-8200 LOOKS LIKE GOOD SUPPORT,
DUE TO GREECE PROBLEM,
OTHER GLOBAL MARKETS GETTING VOLATILE,

PIVOT PLACED AT 8333,
SO ALL THE CLOSES ABOVE 8377 ARE BULLS AREA,
ABOVE 8377 BULLS CAN MOVE TOWARDS 8600,

THE 200DMA IS AT 8372 AND
50DMA IS AT 8255,
THE 200DMA IS ABOVE 50DMA,
BEARS MAY STRIKE AT ANY TIME,

BEARS ARE FOLLOWING ONE PATTERN,
THE HIGH ON 30/01 WAS 8996,
THE LOW ON 10/02 WAS 8470,
AGAIN THE HIGH ON 04/03 WAS 9119,
THIS IS A DOUBLE TOP PATTERN,
BELOW 8472, (9119-8470=649) (8470-649=7821)
THIS PATTERN HAVE THE TARGET AT 7821,

NOW BULLS ARE ALSO HAVING ONE PATTERN,
THE LOW OF NIFTY ON 07/05/2015 WAS 8057,
THE HIGH OF NIFTY ON 22/05/2015 WAS 8489,
AGAIN NIFTY MADE A LOW OF 7940 ON 15/06/2015,
THIS IS FORMING DOUBLE TOP PATTERN IN DAILY CHART,
SO ABOVE 8489 BULLS CAN TARGET 9038,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8333,
ABOVE 8377 BULLS CAN TARGET 8511 AND 8600,
BELOW 8288 BEARS CAN TARGET 8155 AND 8044,

Buy Divi's Labs with a target of Rs 1,900: Mitesh Thacker

'Divi's Labs Ltd. is a 'BUY' call with a target of Rs 1,900 and a stop loss of Rs 1,839'

Sell JSW Energy with a target of Rs 88: Ashwani Gujral

'JSW Energy Ltd. is a 'SELL' call with a target of Rs 88 and a stop loss of Rs 101'

Buy Coal India with a target of Rs 440: Ashwani Gujral

'Coal India Ltd. is a 'BUY' call with a target of Rs 440 and a stop loss of Rs 415'

Buy Zee Entertainment with a target of Rs 380: Sandeep Wagle

'Zee Entertainment Ltd. is a 'BUY' call with a target of Rs 380 and a stop loss of Rs 357'

Buy Lupin with a target of Rs 1,930: Sandeep Wagle

'Lupin Ltd. is a 'BUY' call with a target of Rs 1,930 and a stop loss of Rs 1,850'

Nifty bounce from pyrapoint support,FII FnO Data Analysis

• FII’s bought 35.1 K contract of Index Future worth 547 cores ,53.4 K Long contract were added by FII’s and 18.2 K  short contracts  were added  by FII’s. Net Open Interest increased  by 71.7 K contract, so todays fall was used by FII’s to enter longs in index futures 95% of Retail Forex Traders Lose Money – Is This Fact, or Fiction?

• Nifty saw a gap down opening made low exactly at Pyrapoint 90 degree line as we discussed in ourweekly analysis and saw a sharp bounceback in last hour. Also as per gunner we took support at green arc and saw a decent bounceback. For tomorrow 45 degree line @8345 will act as resistance and gunner horizontal line @ 8470 will be resistance in short term. Support exists at 8250, any close below 8250 opens scenario for revisit of 8000 again. 

 Nifty July Future Open Interest Volume is at 1.52 core with addition of 13.7 Lakh, with decrease in CoC suggesting longs  have entered in the system today.NF Rollover range @8357 should be kept close eye on,holding below bears are in control.

• Total Future & Option trading volume was   at 2.12  core with total contract traded at 6.8 lakh. PCR @1.04

• 8500  CE  OI at 31 lakh , wall of resistance @ 8500 .8000/8500 CE added 11.1 lakh so bears added in minor quantity on the first day of series. FII bought 47.4 K  CE longs and 3.5 K CE  were shorted by them.Retail bought 0.25 K CE contracts.

• 7900 PE OI@ 58.2 lakhs so strong base @ 7900.  7900/8500 PE added 20.8  lakh so bulls added aggressively today even on a down day suggesting bulls are still in control of market . FII bought 56.3 K PE longs and 20.5 K PE were shorted by them.Retail bought 0.87 lakh PE contracts.

• FII’s sold 711 cores in Equity and DII’s bought 906  cores in cash segment.INR closed at 63.85

• Nifty Futures Trend Deciding level is 8256 (For Intraday Traders). NF Trend Changer Level (Positional Traders) 8346 and BNF Trend Deciding Level 17992 (For Intraday Traders) BNF Trend Changer Level (Positional Traders) 18251 How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level .

Buy above 8330 Tgt 8365,8380 and 8414 (Nifty Spot Levels)

Sell below 8300 Tgt 8280,8250 and 8232 (Nifty Spot Levels)

Stock Tips and Nifty Tips 30/06/2015

Sell Apollo Tyres with a target of Rs 156: Mitesh Thacker

'Apollo Tyres Ltd. is a 'SELL' call with a target of Rs 156 and a stop loss of Rs 167'

Sell United Breweries with a target of Rs 830: Mitesh Thacker

'United Breweries Ltd. is a 'SELL' call with a target of Rs 830 and a stop loss of Rs 879'

Buy CPCL with a target of Rs 182: Ashwani Gujral

'CPCL is a 'BUY' call with a target of Rs 182 and a stop loss of Rs 165'

Buy Motherson Sumi with a target of Rs 525: Ashwani Gujral

'Motherson Sumi Ltd. is a 'BUY' call with a target of Rs 525 and a stop loss of Rs 490'

Buy Bajaj Auto with a target of Rs 2,650: Ashwani Gujral

'Bajaj Auto Ltd. is a 'BUY' call with a target of Rs 2,650 and a stop loss of Rs 2,520'

Bank Nifty Weekly Analysis for 29-03 July

.Bank Nifty Hourly

Bank Nifty with gann angles are shown,  took support at  3×1 on hourly basis,holding the same bounceback to 18600 possible, any break below 18200 can show fast move towards 18000/17950.

Bank Nifty Hourly  EW

Hourly Elliot wave analysis is shown, 18540  will play crucial levels next week.

Bank Nifty Pyrapoint Indicator

Traded well in the range of Pyrapoint Analysis Support @180 degree line , resistance at 135/90 degree line.

Daily Channel

Again 100 DMA bears got active and bank nifty showed pullback, support @18000.

Bank Nifty Harmonic

As discussed last week Bank Nifty has completed its Cypher pattern holding the low of 17200 can see initial bounce towards 17800 above that 18200.17800 done waiting for 18200 once 17950 is crossed in coming week.

Now the high of 18540 is very crucial as on weekly chart forming BAT pattern unable to cross the high of 18540 can be bearish in medium term.

Bank Nifty EW Daily

Use dips to keep accumulation quality banking stocks. Long term targets are still pending as shown above.

Who bought banking stocks should have been rewarded handsomely, profit booking is always advised.

Bank Nifty Daily Gunner

As discussed last week On Daily chart  as per Gunner has taken support at the horizontal line and also close above the 1*1 gann line now move above 17900 can see good move on upside 18150/18400.

Now 1×2 gann line is very important resistance unable to cross the same can see pullback till 17950/17700.

Bank Nifty Gann Dates

Bank Nifty As per time analysis 29 June/02 July  is Gann Turn date , except a impulsive around this dates. Last week we gave  22 June/25 June Nifty saw a volatile move .

Fibonacci technique

Fibonacci Fans

Again held on to its 50 % and heading towards 38.2% if 17200 is broken  as per FF

Bank Nifty Weekly

It was positive week, with the Bank Nifty up by 490  points  closing @18370 , price again held its 55 WSMA  but unable to cross 20WSMA and median of  AF line.As per time analysis next cycle from  29-03 July will be Volatile cycle with underlying trend neutral to bearish.  Time Analysis of showing positive move after 14 June worked perfectly

Bank Nifty Weekly  Gunner

Weekly gunner 18540 needs to be crossed if not will see pullback towards green arc.

Bank Nifty Monthly

Bank Nifty On Monthly chart prices got accepted at lower end of Fibonacci channel now held the 61.8% retracement.

 Bank Nifty Weekly Chopad Levels

Bank Nifty Trend Deciding Level:18285

Bank Nifty Resistance:18426,18539,18625

Bank Nifty Support:18166,18036,17950

Stock Tips and Nifty Tips 29/06/2015

NIFTY OUTLOOK FOR 29/06/2015

BULLS ARE BACK,
OTHER GLOBAL MARKETS GETTING VOLATILE,
NIFTY SHOW FIRM CLOSE ABOVE 8355 AT 8381,

THE WEEKLY HIGH AT 8423, LOW AT 8257,
AND THE CLOSE IS AT 8381,
PIVOT JUMP UP TO 8355,
SO ALL THE CLOSES ABOVE 8355 ARE BULLS AREA,

BUT WE HAVE TO KEEP IN MIND,
STILL GREECE PROBLEM IS NOT YET OVER,
THE 200DMA IS AT 8370, AND
50DMA IS AT 8262,
THE 200DMA IS ABOVE 50DMA,
BEARS MAY STRIKE AT ANY TIME,

BEARS ARE FOLLOWING ONE PATTERN,
THE HIGH ON 30/01 WAS 8996,
THE LOW ON 10/02 WAS 8470,
AGAIN THE HIGH ON 04/03 WAS 9119,
THIS IS A DOUBLE TOP PATTERN,
BELOW 8472, (9119-8470=649) (8470-649=7821)
THIS PATTERN HAVE THE TARGET AT 7821,

NOW BULLS ARE ALSO HAVING ONE PATTERN,
THE LOW OF NIFTY ON 07/05/2015 WAS 8057,
THE HIGH OF NIFTY ON 22/05/2015 WAS 8489,
AGAIN NIFTY MADE A LOW OF 7940 ON 15/06/2015,
THIS IS FORMING DOUBLE TOP PATTERN IN DAILY CHART,
SO ABOVE 8489 BULLS CAN TARGET 9038,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8355,
ABOVE 8400 BULLS CAN TARGET 8533 AND 8633,
BELOW 8311 BEARS CAN TARGET 8177 AND 8088.

Sell LIC Housing with a target of Rs 437: Ashwani Gujral

'LIC Housing Ltd. is a 'SELL' call with a target of Rs 437 and a stop loss of Rs 455'

Buy Century Textiles with a target of Rs 740: Ashwani Gujral

'Century Textiles Ltd. is a 'BUY' call with a target of Rs 740 and a stop loss of Rs 690'

Buy India Cements with a target of Rs 101: Ashwnai Gujral

'India Cements Ltd. is a 'BUY' call with a target of Rs 101 and a stop loss of Rs 89'

Buy Amtek Auto with a target of Rs 171: Mitesh Thacker

'Amtek Auto Ltd. is a 'BUY' call with a target of Rs 171 and a stop loss of Rs 153'

Buy Pidilite with a target of Rs 585: Mitesh Thacker

'Pidilite Ltd. is a 'BUY' call with a target of Rs 585 and a stop loss of Rs 547'

Stock Tips and Nifty Tips 26/06/2015

NIFTY OUTLOOK FOR 26/06/2015

NIFTY CLOSES AT 8398,
STILL GREECE PROBLEM IS NOT YET OVER,
VOLATILE MOVES SEEN TODAY ALSO,
THE 200DMA IS AT 8368, AND
50DMA IS AT 8268,
PIVOT IS AT 8288,
ABOVE 8400 NIFTY CAN START RALLY,

THE 200DMA IS ABOVE 50DMA,
BEARS MAY STRIKE AT ANY TIME,

BEARS ARE FOLLOWING ONE PATTERN,
THE HIGH ON 30/01 WAS 8996,
THE LOW ON 10/02 WAS 8470,
AGAIN THE HIGH ON 04/03 WAS 9119,
THIS IS A DOUBLE TOP PATTERN,
BELOW 8472, (9119-8470=649) (8470-649=7821)
THIS PATTERN HAVE THE TARGET AT 7821,

NOW BULLS ARE ALSO HAVING ONE PATTERN,
THE LOW OF NIFTY ON 07/05/2015 WAS 8057,
THE HIGH OF NIFTY ON 22/05/2015 WAS 8489,
AGAIN NIFTY MADE A LOW OF 7940 ON 15/06/2015,
THIS IS FORMING DOUBLE TOP PATTERN IN DAILY CHART,
SO ABOVE 8489 BULLS CAN TARGET 9038,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8288,
ABOVE 8333 BULLS CAN TARGET 8466 AND 8555,
BELOW 8244 BEARS CAN TARGET 8111 AND 8022,

Buy Dr Reddy’s Labs with a target of Rs 3,555: Sandeep Wagle

'Dr Reddy’s Labs Ltd. is a 'BUY' call with a target of Rs 3,555 and a stop loss of Rs 3,448'

Buy Vedanta with a target of Rs 188: Sandeep Wagle

'Vedanta Ltd. is a 'BUY' call with a target of Rs 188 and a stop loss of Rs 177'

Sell HDIL with a target of Rs 84: Ashwani Gujral

'HDIL Ltd. is a 'SELL' call with a target of Rs 84 and a stop loss of Rs 92.50'

Buy NBCC with a target of Rs 930: Ashwani Gujral

'NBCC Ltd. is a 'BUY' call with a target of Rs 930 and a stop loss of Rs 825'

Buy Lupin with a target of Rs 1,860: Ashwani Gujral

'Lupin Ltd. is a 'BUY' call with a target of Rs 1,860 and a stop loss of Rs 1,805'

Stock Tips and Nifty Tips 25/06/2015

NIFTY OUTLOOK FOR 25/06/2015

AGAIN GREECE BRING VOLATILE MOVES,
NIFTY SLIP DOWN FROM THE HIGH OF 8421, AND
CLOSES AT 8360,
THE 200DMA IS AT 8366, AND
50DMA IS AT 8275,
PIVOT IS AT 8288,

LOT OF VOLATILE MOVES AND,
LITTLE CONSOLIDATION EXPECTED,
NIFTY MAY RE-TEST 8333-55 LEVEL,
BUT ABOVE 8400 NIFTY CAN START RALLY,

THE 200DMA IS AT 8366 AND 50DMA IS AT 8275,
BEARS MAY STRIKE AT ANY TIME,

BEARS ARE FOLLOWING ONE PATTERN,
THE HIGH ON 30/01 WAS 8996,
THE LOW ON 10/02 WAS 8470,
AGAIN THE HIGH ON 04/03 WAS 9119,
THIS IS A DOUBLE TOP PATTERN,
BELOW 8472, (9119-8470=649) (8470-649=7821)
THIS PATTERN HAVE THE TARGET AT 7821,

NOW BULLS ARE ALSO HAVING ONE PATTERN,
THE LOW OF NIFTY ON 07/05/2015 WAS 8057,
THE HIGH OF NIFTY ON 22/05/2015 WAS 8489,
AGAIN NIFTY MADE A LOW OF 7940 ON 15/06/2015,
THIS IS FORMING DOUBLE TOP PATTERN IN DAILY CHART,
SO ABOVE 8489 BULLS CAN TARGET 9038,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8288,
ABOVE 8333 BULLS CAN TARGET 8466 AND 8555,
BELOW 8244 BEARS CAN TARGET 8111 AND 8022,

Buy Zee Entertainment with a target of Rs 372: Ashwani Gujral

'Zee Entertainment Ltd. is a 'BUY' call with a target of Rs 372 and a stop loss of Rs 350'

Buy Dabur India with a target of Rs 284: Ashwani Gujral

'Dabur India Ltd. is a 'BUY' call with a target of Rs 284 and a stop loss of Rs 270'

Buy IndusInd Bank with a target of Rs 875: Ashwani Gujral

'IndusInd Bank Ltd. is a 'BUY' call with a target of Rs 875 and a stop loss of Rs 845'

Buy BHEL with a target of Rs 265: Mitesh Thacker

'BHEL Ltd. is a 'BUY' call with a target of Rs 265 and a stop loss of Rs 246'

Buy Idea Cellular with a target of Rs 190: Mitesh Thacker

'Idea Cellular Ltd. is a 'BUY' call with a target of Rs 190 and a stop loss of Rs 174.50'

Nifty forms DOJI,FII FnO Data Analysis

• FII’s bought 64.9 K contract of Index Future worth 1394 cores ,44.6 K Long contract were added off by FII’s and 20.2  K  short contracts  were squared off by FII’s. Net Open Interest increased  by 24.3 K contract, so todays rise was used by FII’s to exit  shorts in index futures and add longs. Golden Rules For Traders

• Nifty continued with its higher high and higher low formation rising 458 points from the low of 7940. Nifty finally formed DOJI at the upper end of AF as shown in below chart.So if 8393 not crossed which is 50% Fibo retracement levels we can see some pullback of 8300/8270 in nifty. Gunner also show we are heading to grey line and green arc so caution advised on longs.High made today is at 3×1 gann angles as shown in hourly charts. 
  

 

• Nifty June Future Open Interest Volume is at 1.18 core with liquidation of 11 Lakh, with decrease in CoC suggesting longs  have exited out of system today.NF Rollover is at 31% with average rate @ 8325.
  

• Total Future & Option trading volume was   at 3.98  core with total contract traded at4.1  lakh. PCR @1.04.

• 8400  CE  OI at 48.7 lakh , wall of resistance @ 8400 .8000/8500 CE liquidated 24.2 lakh  ,so  bears finally gave up and liquidated major positions . FII bought 42.6 K  CE longs and 20.8 K shorted   CE  were covered by them.Retail sold 9K CE contracts. So FII’s bought heavily in CE contact and market keep moving higher.

• 8300 PE OI@ 558.2  lakhs so strong base @ 8300.  8100/8500 PE added 17  lakh so bulls added aggressively today so 8300 is coming up to be strong support . FII bought 20 K PE longs and 15.8  K PE were shorted by them.Retail bought 1.19 lakh PE contracts.So FII’s long in CE and Retailers long in PE, so again its smart money which wins retailers holding short and market rising. 8300 or 8400 should break by FII and make writer of CE and PE run for cover. 

• FII’s sold 374  cores in Equity and DII’s bought 404  cores in cash segment.INR closed at 63.5159

• Nifty Futures Trend Deciding level is 8370 (For Intraday Traders). NF Trend Changer Level (Positional Traders) 8172 and BNF Trend Deciding Level 18385 (For Intraday Traders) BNF Trend Changer Level (Positional Traders) 17850 How to trade Nifty Futures and Bank Nifty Futures as per Trend Changer Level .

Buy above 8410 Tgt 8435,8450 and 8471 (Nifty Spot Levels)

Sell below 8370 Tgt 8345,8335 and 8308 (Nifty Spot Levels)

Stock Tips and Nifty Tips 24/06/2015

NIFTY OUTLOOK FOR 24/06/2015

THE HIGH IS 8398,
NIFTY CLOSES AT 8381,
PIVOT MOVES UP TO 8266,
200DMA IS AT 8364,

AS WE POSTED HERE,
A CLOSE ABOVE 8361 IN THIS WEEK,
CONFIRMING US THAT NIFTY RESUMING THE BULLISH TREND,

LITTLE CONSOLIDATION EXPECTED,
NIFTY MAY RE-TEST 8333-55 LEVEL,
BUT ABOVE 8400 NIFTY CAN START RALLY,

THE 200DMA IS AT 8364 AND 50DMA IS AT 8285,
BEARS MAY STRIKE AT ANY TIME,

BEARS ARE FOLLOWING ONE PATTERN,
THE HIGH ON 30/01 WAS 8996,
THE LOW ON 10/02 WAS 8470,
AGAIN THE HIGH ON 04/03 WAS 9119,
THIS IS A DOUBLE TOP PATTERN,
BELOW 8472, (9119-8470=649) (8470-649=7821)
THIS PATTERN HAVE THE TARGET AT 7821,

NOW BULLS ARE ALSO HAVING ONE PATTERN,
THE LOW OF NIFTY ON 07/05/2015 WAS 8057,
THE HIGH OF NIFTY ON 22/05/2015 WAS 8489,
AGAIN NIFTY MADE A LOW OF 7940 ON 15/06/2015,
THIS IS FORMING DOUBLE TOP PATTERN IN DAILY CHART,
SO ABOVE 8489 BULLS CAN TARGET 9038,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8266,
ABOVE 8311 BULLS CAN TARGET 8444 AND 8533,
BELOW 8222 BEARS CAN TARGET 8088 AND 8000,

Sell Hero MotoCorp with a target of Rs 2,475: Mitesh Thacker

'Hero MotoCorp Ltd. is a 'SELL' call with a target of Rs 2,475 and a stop loss of Rs 2,560'

Buy Larsen & Toubro with a target of Rs 1,810: Mitesh Thacker

'Larsen & Toubro Ltd. is a 'BUY' call with a target of Rs 1,810 and a stop loss of Rs 1,744'

Buy UltraTech Cement with a target of Rs 3,000: Ashwani Gujral

'UltraTech Cement Ltd. is a 'BUY' call with a target of Rs 3,000 and a stop loss of Rs 2,860'

Buy BPCL with a target of Rs 854: Ashwani Gujral

'BPCL Ltd. is a 'BUY' call with a target of Rs 880 and a stop loss of Rs 854'

Buy Cipla with a target of Rs 656: Ashwani Gujral

'Cipla Ltd. is a 'BUY' call with a target of Rs 656 and a stop loss of Rs 620'

Market Outlook & Nifty and Bank Nifty Live Calls – 23.6.2015

Nifty ( Spot ) : The crucial support for the Nifty is at 8300 – 8275 – 8250  and the resistance is at  8400 – 8450 – 8475

Pre-market Future Call ( Intraday) :

AXISBANK  —  Buy above 576  StopLoss 570 Target 583 , 588

                      Short Sell below 570  Stop Loss 576 Target 563 , 558

 BHARTIARTL  — Buy above 426  StopLoss 420  Target  432 , 435

                       Short Sell below 420  StopLoss 426 Target 414 , 410

Stock Tips and Nifty Tips 23/06/2015

NIFTY OUTLOOK FOR 23/06/2015

BULLS SEE A CLOSES ABOVE 8350 AT 8353,
NOW THE 200DMA@8361 IS BIG RESISTANCE,
A CLOSE ABOVE 8361 IN THIS WEEK AHEAD,
WILL CONFIRM US NIFTY RESUMING THE BULLISH TREND,

NOW THE PIVOT PLACED AT 8133,
BEARS ARE WAITING BELOW 8133,
A CLOSE BELOW 8088 WILL BRING MORE BEARS,

50DMA @8361 AND 200DMA@8293,
THIS DEVIL CROSS PUT NIFTY IN TO
THE BEARISH ZONE,

BEARS ARE FOLLOWING ONE PATTERN,
THE HIGH ON 30/01 WAS 8996,
THE LOW ON 10/02 WAS 8470,
AGAIN THE HIGH ON 04/03 WAS 9119,
THIS IS A DOUBLE TOP PATTERN,
BELOW 8472, (9119-8470=649) (8470-649=7821)
THIS PATTERN HAVE THE TARGET AT 7821,

NOW BULLS ARE ALSO HAVING ONE PATTERN,
THE LOW OF NIFTY ON 07/05/2015 WAS 8057,
THE HIGH OF NIFTY ON 22/05/2015 WAS 8489,
AGAIN NIFTY MADE A LOW OF 7940 ON 15/06/2015,
THIS IS FORMING DOUBLE TOP PATTERN IN DAILY CHART,
SO ABOVE 8489 BULLS CAN TARGET 9038,

AS PER TECHNICAL,
NOW THE WEEKLY PIVOT IS 8133,
ABOVE 8177 BULLS CAN TARGET 8311 AND 8400,
BELOW 8088 BEARS CAN TARGET 7955 AND 7866,

Buy HDFC Bank with a target of Rs 1,100: Mitesh Thacker

'HDFC Bank Ltd. is a 'BUY' call with a target of Rs 1,100 and a stop loss of Rs 1,039'

Buy Voltas with a target of Rs 365: Mitesh Thacker

'Voltas Ltd. is a 'BUY' call with a target of Rs 365 and a stop loss of Rs 345'

Buy Britannia with a target of Rs 2,820: Sandeep Wagle

'Britannia Ltd. is a 'BUY' call with a target of Rs 2,820 and a stop loss of Rs 2,720'

Buy Kotak Mahindra Bank with a target of Rs 1,422: Sandeep Wagle

'Kotak Mahindra Bank Ltd. is a 'BUY' call with a target of Rs 1,422 and a stop loss of Rs 1,350'

Buy Engineers India with a target of Rs 233: Mitesh Thacker

'Engineers India Ltd. is a 'BUY' call with a target of Rs 233 and a stop loss of Rs 215'