NTPC

                                                            monthly chart

Stock of NTPC was trading in a downward sloping channel on a monthly chart since Dec 2009. It managed to breakout of it in the moth of May 2014 as seen in the chart. This breakout with strong volume is indicator of coming bull run in the stock. Stock can be bought at CMP or till the price of 120 in every fall for the target of 235-250 in the medium to long term.
Stop loss at 110 recommended.
CMP as on today is 135.

Chennai petroleum

                                                                    Chennai petro daily chart

Stock of Chennai petro was in the down trend making sloping channel from which it broke out in the month of Novemenr 13 (as seen in the chart). It then moved sideways making horizontal channel and broke out yesterday with heavy volume. Stock is also trading above its all key moving averages. It can be bought at CMP with price target of 85.
Stop loss below 66 recommended.
CMP- 73.3 (as of 4/23/14)

Essar oil

                                                                   weekly chart

Stock of Essar oil has given a break out from the falling wedge pattern. The current uptrend is likely to continue and we may see levels of 80 in the short to medium term. It can be bought at CMP (61) with target of 80 and stop loss at 53.

Cairn India

                                                                 Cairn India

Cairn India has given a break out as shown in the chart. Stock may continue its uptrend in coming days touching the level of 390 in the short term.
CMP - 358
Stop loss at 345 recommended.

India glycol ltd

                                                                  daily chart
 As seen in the chart stock is moving in a sideways trend with triple bottom (support) near 85 and double top near near 109. Stock can be bought at CMP (90.1 as on 21st March 14) with target of 108 and stop loss below 84.

Gujrat State Petronet

                                                                  GSPL daily chart

Stock has formed a falling wedge pattern as seen in the chart and breakout from it on 24th Feb 14 indicates stock has potential to go up further. It can be bought at CMP (57.95) for the short term target of 70. Stop loss at 55 recommended.

Pratibha industries

                                                                     daily chart

Stock is trading around its key level of 25.5 which became support and resistance (when support is broken it becomes resistance and vice versa) multiple times as shown n the chart. Stock has again closed just above its key level on friday (28th Feb 14) at 26.35. Also it has managed to close above 200 DMA and trading well above 100 DMA. Both signs are bullish in short term and stock may go up to the level of 31. Stop loss below 25.2 recommended.

Bharti Infratel

                                                            daily chart

As per charts, stock has given breakout from triangular pattern 28th Feb 14 which is a bullish sign. Stock also managed to close above a bunch of its key moving averages. Stock can be bought at CMP (179.8) or in downside till 176 for the target of 197 is the short term.
Stop loss at 170 recommended.

Fortis

                                                     daily chart

Stock is trading sideways since last two years. Since last few days stock is trading in a downward sloping channel which if stock breaks then it  may go up to touch the previous high of 118 on medium term basis. Stop loss below 93 recommended.

Panacea Biotech

                                                          monthly chart

Stock has broken out of triangular chart pattern on monthly chart. After breakout stock went up to 146 from 100 in Sept 2013 but could not sustain at higher level and came down to 95 (CMP as on 4rth Feb 14) in following months. Stock may show sudden upward rally as per charts. It can be bought with stop loss below 85 for the target of 120-125.

Godrej industries ltd

                                                      daily chart (click on chart to zoom)

Stock is trading sideways since last six months forming narrowing wedge pattern on the daily chart. Stock is now trading below all its key moving averages. If stock trades above all its key averages then traders can buy (or wait for stock to breakout of the pattern) the stock with short term target of 330. Stop loss below 250 recommended.