Tata Steel

                                                     Tata Steel daily chart (click on chart to zoom)

 On daily chart Tata Steel has given upward breakout from wedge pattern which is bullish sign. Stock is also trading above its key moving averages like 20, 50, 100 and 200.
Stock can be bought at CMP with target of 500 and stop loss at 455.
CMP on friday was - 471.75

Madras Cement

                                                                     Madras Cement daily chart (click on chart to zoom)

 On daily chart, Madras Cement is about to break SAUCER on upside.
If it breaks the SAUCER then it will touch 165 upside.
Traders can buy the stock at CMP of 154 with target of 165 and stop loss at 148.

United Spirits Ltd

                                                    Mcdowell daily chart (click on chart to zoom)

  Breaking out from triangular chart pattern with support at 20 DMA at 553 which is bullish sign. Traders can buy the stock with short term target of 580 and medium term target of 600. Stop loss should be kept at 550.
CMP today was - 558.8

HDFC Bank

                                                 HDFC Bank monthly chart (click on chart to zoom)

 On monthly chart, stock has given breakout last month from CUP & HANDLE chart pattern with moderate volume which is bullish sign. Stock is also holding its important psychological level of 500 since last month till date. On daily chart stock is trading above all its key moving averages like 50,100 and 200 but below 20 DMA which is positioned at 515. Traders with short term and medium term view can buy this stock with target at 550 short term and 600 in medium term.
Stop loss should be kept at 485.
CMP today is -513.95.

Reliance Industries Ltd

                                                    Reliance daily chart (click on chart to zoom)

 Reliance on daily chart is trading in downward trading channel. Yesterday it took support from lower trendline of trading channel. Stock is likely to go up in short term and should touch 800 in short term.
One should keep a stop loss at 745.
CMP on yesterday was - 760.

Hindustan Unilever Ltd

                                                    HUL daily chart (click on chart to zoom)

 On daily chart it has formed a base or saucer which should act as a strong support downside. Stock above both 20 and 50 DMAs. Also on friday 16th Mar 12 it managed to close in green though market closed in red with negative market breadth.
Stock to touch 410 in short term from CMP of 390 as on friday.
Stop loss at 475 recommended.

Sesa Goa Ltd

                                                        Sesa Goa daily chart (click on chart to zoom)

 Sesa Goa on daily chart has formed Head and Shoulder pattern as shown in graph, On friday it gave revesrsal from 2nd shoulder and closed above its important psychological level of 200. Stock is still trading below its key DMA of 20 which may act as a resistance also it may face resistance because of the gap it formed as shown in th chart. High Risk trader can buy stock with stop loss at 192 and for the target of 215.
CMP on friday is 201.2

Indraprastha Gas Ltd

                                                            IGL daily chart (click on chart to zoom)

 IGL on daily chart has given breakout from triangular pattern which is bullish sign. It is also trading above trendline and above its 20 DMA.
Stock should touch 382 in short term. Stop loss should be kept at 352.
CMP on 7th march was 364.