February 18, 2016
Lupin (NSE Cash)
BUY
`1660
` 1746 - 1735
` 1895
14 - 21 sessions
Daily Chart
Source: Falcon (Chart Time: EOD as on 17/2/2016)
Justification:
In first week of February, the stock rallied higher post taking support neat its medium term horizontal
trendline support. In last few trading session, prices have retraced the upmove by more than 50% and are
showing initial signs of strength. The ‘SuperTrend’ indicator, which indicated the trend of the stock, has
worked will in the stock in the past and is currently in ‘Buy’ mode. The volumes, along with prices movement
in last few days, are also indicating strength in the counter. Thus, we advise traders to buy this stock from
current level to a decline to ` 1735 for a target of ` 1895 in coming 14 to 21 trading sessions. The stop
loss for this trade set up can be kept at ` 1660.
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February 18, 2016
Last 8 recommendations
Date
Stocks
Recom. Buying/Selling Range CMP
Target 1
Target 2 Stop-loss
Status
18-02-16
Jet Airways
BUY
556 - 551
555
625
-
516
Active
17-02-16
LIC Housing Fin
BUY
411 - 408
416
442
-
393
Active
16-02-16
NTPC
BUY
127 - 126
129
141
-
119
Active
09-02-16
Reliance Ind
BUY
958 - 952
-
1038
-
915
SL Triggered
08-02-16
Siemens
BUY
1044 - 1038
-
1140
-
990
SL Triggered
04-02-16
REC Ltd
BUY
185 - 183
-
206
-
173
Booked at 191
03-02-16
Bharti Airtel
BUY
297 - 295
-
325
-
282
Target Achieved
01-02-16
TCS
SELL
2405 - 2415
-
2235
-
2502
Target Achieved
Source: Angel research
Research Team Tel: 022 - 4000 3600 (Extn. 6552) Website: www.angelbroking.com Email: [email protected]
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