Weekly Updates for May 19-23 - Kailash Pareek

HDIL - My views for this stock remain the same. Buy above 821 for the 1st tgt of 868. After closing above 873 will give more room to move.

BANKINDIA - Look the last two white candles and volume bar. It suggests that there is good interest in the stock. There is also an inverse head and shoulder forming, which should break out Tuesday. The ADX is also below both DI's and now turning up - a setup I like the most.The stock is a good buy above 366 for T1 - 385 and T2 - 405.

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