Recommendation for 24-Oct-2016:

In Focus

1. INFRATEL | no trend | wait for more candles
2. ACC | down trend started |SELL
3. BAJAJ-AUTO | no trend | wait for more candles
4. HEROMOTOCO | currently @3382| trending up| can reverse | SELL if goes below 3301
5. POWERGRID  | currently @176.9| trending up| can reverse | SELL if goes below 170.2

Hot Stocks

1. LT | uptrend started this week| BUY
2. ZEEL | uptrend continued after a dip this week| BUY
3. BHEL | uptrend continued after a dip this week| BUY
4. AUROPHARMA | uptrend continued after a dip this week| BUY
5. TATAPOWER | uptrend continued after a dip this week| BUY
6. DRREDDY | currently @3113| trending down | can reverse | BUY if goes above 3173
7. BOSCHLTD | currently @22633| trending down | can reverse | BUY if goes above 23250
8. COALINDIA | currently @313| trending down | can reverse | BUY if goes above 322
9. ITC | currently @240| trending down | can reverse | BUY if goes above 247  
10. NTPC | currently @149.5| trending down | can reverse | BUY if goes above 154.3
11. LUPIN | currently @1500| trending down | can reverse | BUY if goes above 1549
12. TCS | currently @2428| trending down | can reverse | BUY if goes above 2516

HOLD stocks

1. GRASIM 
2. GAIL 
3. HCLTECH 
4. TATASTEEL
5. RELIANCE 
6. CIPLA
7. ADANIPORTS
8. EICHERMOT
9. ONGC
10. MARUTI
11. ASIANPAINT
12. BPCL
13. TATAMOTORS
14. HINDALCO
15. ULTRACEMCO

SELL stocks

1. HINDUNILVR 
2. AMBUJACEM
3. SUNPHARMA 
4. M&M
5. TECHM
6. BHARTIARTL
7. WIPRO
8. IDEA
9. INFY