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B. Krishnakumar

Century Textiles (Rs 125.4): The outlook for the stock is positive. A move to the Rs 145-150 range appears likely. Remain invested with a stop-loss at Rs 105. Fresh buying may be considered with a stop-loss at Rs 109. A decline below Rs 105 would warrant dilution of holdings.

Bank of Baroda (Rs 226): The stock has completed a double-top pattern recently. The near-term outlook has turned bearish. A drop to the Rs 195-200 range appears likely. Only a close above Rs 280 would impart bullish trend. Existing holders may take partial profits and contemplate re-entry on declines.

Follow-up

J.B. Chemicals (Rs 324.7): The price was confined to a narrow range last week. This has not negated the positive outlook for the stock. The earlier view of a rally to Rs 390-400 remains valid. Only a drop below Rs 310 would warrant dilution of holdings. Remain invested with a stop-loss at Rs 310; a close above Rs 350 may be used to take fresh long positions.

Glenmark Pharma (Rs 149.7): This stock, too, was confined to narrow range last week The earlier view of a rally to the Rs 200-210 range is still valid. Only a drop below Rs 140 would negate the positive outlook and would warrant dilution of holdings. If the price moves past Rs 165, fresh buying may be considered with a close stop-loss.

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