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Gap down in Rites due to Government selling. Exit for a wait and watch. We will buy above 325 or between 250-265. Exit below 300. We are replacing Rites with Gujarat Ambuja Export in our top 10 stocks for next 3 months. Buy above 178. Target 210 and 240. SL 155.   … [Read more...] about Gap down in Rites. Exit for a wait and watch. Top 10 stock replaced.

Sreeleathers hits stoploss on poor results. What should one do? We had recommended Sreeleathers based on its lower valuation with tight SL technically. Currently stock is above 150. Since the stock is fundamentally good and is also valuable at current price, one can hold for long term with SL … [Read more...] about Sreeleathers hits stoploss on poor results. What should one do?

SL hit in Hind Rectifiers due to bad results. Results were poor than expected by the market. SL of 200 was triggered. If you are holding the stock, the stock will find support between 160-170 and move towards 180-200 before next quarterly result. Stock to take direction based on next 2 … [Read more...] about SL hit in Hind Rectifiers due to bad results.

Update on Mahanagar Gas and IPCA labs. MGL can move towards 1500-1750 in a year time SL 1000. Share price 1180. Add on dips towards 1080-1100. IPCA can also move towarsd 1745 in a year. SL 1050. Add on dips towards 1150-1180. Share price 1226. Both stocks were recommended at 1000-1040 and … [Read more...] about Update on Mahanagar Gas and IPCA labs.