Indian stock ideas

Andhra sugar has become almost debt free company after its liquidation of long term borrowings. The management have taken steps to clean the balance sheet, and their financial health has become strong after shutting down of its loss making sugar division. Keep this stock under your watch list.

Big Movers on D-Street: What should investors do with Tata Steel, Cyient and Gland Pharma? It is on the verge of a longer breakout from its long-term consolidation and poised for a fresh up move. Its higher bottoms on weekly charts protect the downside from current levels and risk-reward is in favour of longs.

Do not follow analyst blindly.Take your call.

Buy always fundamentally strong stock when technically it is weak. It is always timing that matters.

Purely technical call. Buy mawana sugar above 102 for target of 108. On the other side sell stock below 101 for target of 97.

Purely technical call. Buy IDBI Bank above 61 for target of 65. Below 61 sell the stock for target of 57.

Technically ITC is looking very strong and bullish on the chart. It is heading forward to test 52 week high of 265.30 level. Watch out.

Never invest in stock on anyone advice. Before investing in stocks investors must do its own homework and when satisfied about its all parameters then only make investment.

Always invest in fundamently strong stock when such stocks technically are weak and available in correction.