Shriram Transport Finance, Sun Pharma, Tata Tea

Shriram Transport Finance, Sun Pharma, Tata Tea

Tata Tea

Tata Tea

Hindustan Unilever, Sun Pharma, Tata Chemicals, Tata Tea, Aban Offshore, Nagarjuna Constructions, IVRCL

Hindustan Unilever, Sun Pharma, Tata Chemicals, Tata Tea, Aban Offshore, Nagarjuna Constructions, IVRCL

GAIL, CIPLA. HCL, Bank of Baroda , ACC, Ambuja Cements, Sun TV, HPCL, Shriram Transport, Tata Tea, India Cement, Havells, Hexaware

GAIL, CIPLA. HCL, Bank of Baroda , ACC, Ambuja Cements, Sun TV, HPCL, Shriram Transport, Tata Tea, India Cement, Havells, Hexaware

Tata Tea, Hindalco, Dr Reddy's Labs

Tata Tea, Hindalco, Dr Reddy's Labs

Tata Tea

We recommend a sell in Tata Tea stock from a short-term trading perspective. It is apparent from the charts of Tata Tea that it has been trending up since November 2008 low of Rs 430. However, the stock encountered significant resistance around Rs 750 recently and reversed direction. This reversal was triggered by a negative divergence displayed in the daily relative strength index (RSI). On May 19, the stock tumbled 5 per cent losing its bullish momentum. We notice formation of bearish engulfing candlestick pattern both in daily and weekly charts that indicates short-term reversal. The price rate of change (ROC) indicator has entered the negative territory, signalling selling interest. The daily and weekly RSI had entered the neutral region from the bullish zone. Our short-term outlook on this stock is bearish. We expect its decline to prolong until it hits our price target of Rs 620 in the forthcoming trading sessions. Traders with short-term trading perspective can sell the stock while maintaining a stop-loss at Rs 721.

via BL

IOC, Larsen Tourbo, Sun Pharma, PNB, Tata Motors, Hindalco, Unitech, MTNL, Titan Industries, Tata Tea, OBC, Indiabulls Real Estate, Andhra Bank,IVRCL

IOC, Larsen Tourbo, Sun Pharma, PNB, Tata Motors, Hindalco, Unitech, MTNL, Titan Industries, Tata Tea, OBC, Indiabulls Real Estate, Andhra Bank,IVRCL, Vishal Retail, Radico Khaitan, Havells

Tata Tea

We recommend a sell on Tata Tea from a short-term trading perspective. It is evident from the charts of Tata Tea that it had been on a medium-term uptrend between late November 2008 and mid January 2009 when it moved from Rs 430 to Rs 635. The stock almost gained 47 per cent during this period. This up move of the stock retraced exactly 38.2 per cent (fibonacci retracement level) of its prior downtrend.

The stock has a significant long-term resistance between Rs 635 and Rs 650. It encountered resistance at Rs 635, and lost its bullish momentum. Subsequently the stock breached its medium-term up trendline and 21-day moving average. The daily relative strength index (RSI) is falling in the neutral region towards the bearish zone.

Moreover, the price rate of change indicator has entered in to the negative territory that indicates increase in selling pressure. We are bearish on the stock from a short-term horizon. We expect the stock to decline further until it hits our price target of Rs 534. Traders with short-term perspective can sell the stock while maintaining a stop-loss at Rs 618.

Tata Tea

Tata Tea

NTPC, SBI, ICICI Bank, Tata Power, Sun Pharma, Asian Paints, Tata Tea, Tata Communications, M&M Finance, Nagarjuna Constructions, United Breweries

NTPC, SBI, ICICI Bank, Tata Power, Sun Pharma, Asian Paints, Tata Tea, Tata Communications, M&M Finance, Nagarjuna Constructions, United Breweries, GSPL, Union Bank of India

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ONGC, Sun TV, Larsen and Tourbo, Sterlite Industries, Hindalco, Divis, BPCL, Educomp Solutions, Tata Tea, Mphasis, Phoenix Mills

ONGC, Sun TV, Larsen and Tourbo, Sterlite Industries, Hindalco, Divis, BPCL, Educomp Solutions, Tata Tea, Mphasis, Phoenix Mills, Mahindra Lifespace Developers, Dish TV, Bharat Electronics, Aban Offshore, HDFC Bank

Tata Tea, Dish TV, Infosys Technologies

Tata Tea, Dish TV, Infosys Technologies

Orbit Corporation, Tata Tea, Wipro

Orbit Corporation, Tata Tea, Wipro

Punj Lloyd, Lanco Infratech, Colgate, Tata Tea, Nagarjuna Constructions, Sobha Developers, ONGC, BGR Energy Systems, India Strategy, India Economy, In

Punj Lloyd, Lanco Infratech, Colgate, Tata Tea, Nagarjuna Constructions, Sobha Developers, ONGC, BGR Energy Systems, India Strategy, India Economy, India Energy

Tata Steel, IOC, GAIL, Tata Motors, ACC, Concor, IOB, OBC, Jubilant, Mphasis, CCCL, JK Bank, AIA Engineering, Unitech, Siemens, Punj LLoyd, NCC, IVRCL

Tata Steel, IOC, GAIL, Tata Motors, ACC, Concor, IOB, OBC, Jubilant, Mphasis, CCCL, JK Bank, AIA Engineering, Unitech, Siemens, Punj LLoyd, NCC, IVRCL, IVR Prime, Tata Tea, Rajesh Exports

Sterlite Industries,Nalco, Maruti Suzuki, Asian Paints, Jagran Prakashan, Suzlon Energy, Tata Tea, Zee Entertainment, Mahindra Lifespace, Economy

Sterlite Industries,Nalco, Maruti Suzuki, Asian Paints, Jagran Prakashan, Suzlon Energy, Tata Tea, Zee Entertainment, Mahindra Lifespace, India Economy

Bharati Shipyard, Britannia, GSPL, Deccan Chronicle, Jagran Prakashan, Jet Airways, Maruti, Shoppers Stop, Sterlite Industries, Suzlon Energy

Bharati Shipyard, Britannia, GSPL, Deccan Chronicle, Jagran Prakashan, Jet Airways, Maruti, Shoppers Stop, Sterlite Industries, Suzlon Energy, Tata Tea, Thermax

Jindal Steel and Power, JSW Steel, VSNL, Divis Labs, Dr Reddys Lab, HPCL, Educomp Solutions, Tata Tea, GSPL, Federal Bank, Mahindra Finance, Sadbhav E

Jindal Steel and Power, JSW Steel, VSNL, Divis Labs, Dr Reddys Lab, HPCL, Educomp Solutions, Tata Tea, GSPL, Federal Bank, Mahindra Finance, Sadbhav Engineering, LT, Jet Airways

HEG, Tata Tea Trading Calls

Buy HEG above Rs 465-Rs 411. Stop Loss at Rs 400, target at Rs 537 and Rs 659.


Buy Tata Tea long term delivery at Rs 926-Rs 817. Stop Loss at Rs 740. Add further above Rs 1047, target Rs 1622 and Rs 2552.

ONGC, DLF, Sterlite, IOC, Nestle, Unitech, IOB, Mphasis, Tata Tea, Kalpataru, ABG Shipyard, Vardhaman Textiles, BHEL, HDFC, Max India, SREI,Economy,

ONGC, DLF, Sterlite, IOC, Nestle, Unitech, IOB, Mphasis, Tata Tea, Kalpataru, ABG Shipyard, Vardhaman Textiles, BHEL, HDFC, Max India, SREI,Economy, Banking, Real Estate