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India Cements Ltd Sell
The stock is weak on the daily and weekly charts. It has support at 105 and resistance at 115 levels. Sell on rise.The cement industry will pick up as infrastructure and construction activities rise. However, cement stocks have been a laggard. The stock has been an underperformer. There is pressure on the margins. Sell on rise at 115 levels. Switch to Ambuja or ACC Cement.

Hero Honda - Hold
The long term chart is intact though there is weakness in the short term. The stock has strong support at 1630-1650 levels on the monthly chart. The stock is likely to touch 1900-2000 levels.The auto sector is likely to do well because the demand is buoyant. Hold with a target of 1920.

IndusInd Bank Ltd
Banking stocks are likely to correct 3-4 per cent. The stock can come down to 265 levels so one can sell and re-enter at lower levels.The stock has formed a double bottom at 310 levels. The long term chart is positive but the stock can touch 230-240 levels in the short term.

ACC
The stock is moving in a sideways trend currently. It faces resistance at 1032, if it manages to cross this level one may expect some more upward movement till the levels of 1045-50 while it faces support at 968; if it manages to cross this level one may expect the stock to move till the levels of 945-940 in near run

Ambuja Cement
The stock is moving in a tight range from last few trading sessions. It faces resistance at 143, crossing of this level may bring some up rally in it while it faces support at 133, crossing of this level may move down the stock. One has to wait for crossing of levels on either side.

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