Electrosteel Casting Ltd

                                                               daily chart


Chart shows stock is beaten down but has an upside potential. It is impossible to time the market but stock may have an upside in coming weeks if not in months. Traders should be cautious as the overall trend is sideways with bearish bias. Stop loss below 17 recommended.

Welspun Corp

                                                                                        daily chart

Stock of Welspun corp is in sideways trend since last 3-4 year. Technically Stock may breakout of this sideways trend to show newer high, which may be a beginning of uptrend. Stock can be bought at CMP or in dips till 84. Stop loss of 82 recommended.
Best time to sell a stock when there is a euphoria in its skyrocketing prices. 

ICICI Bank

                                                                         daily chart


Stock of ICICI bank has just given breakout from rising wedge pattern with highest volume recorded in last 4 years on 4th May 2017. It was trading in that chart pattern for last 6 months. This breakout confirms more upside for stock from current levels. Stock did not move much for in last 3 years. It can be bought at CMP or on dips till 275 for handsome gains in medium to longer term. 

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Bank Of Maharashtra

                                                                                                    daily chart

Stock of Bank of Maharashtra has given breakout from downward slope as shown in the chart. Close observation also shows bottoms are rounding bottoms indicating stock is changing it trend from down to up.  Stock can be bought at CMP or in dips till 30 for a substantial upside in medium to longer term. Traders should be cautious as overall trend is yet down. 

Shakti Pump

                                                               daily chart

Stock of Shakti pump broke out of a trending line as shown in the chart. This break out may take this stock to new highs in coming weeks if not in days. Also, overall trend is also in favor of this breakout. Traders can wait for correction from current levels or buy this stock CMP or in dips till 140 for handsome returns in near future. Exit this stock when you see euphoric highs.
Stop loss below 140 recommended.

(We don't give specific targets as we don't believe in them and best time to exit stock is when we see euphoria in it's prices)