1. IDBI Bank has given a breakout on daily charts, hourly moment is bullish. We recommend a buy with a stoploss of Rs 99 for targets of Rs 107-109.
2. India Cements has been underperforming since a long time but showing strength in the last couple of weeks with huge volumes. I recommend a buy with a stop of Rs 95 for targets of Rs 103 and Rs 105.
3. Bank of Baroda has formed an engulfing bearish pattern on the daily candlestick charts in yesterday’s trade. Besides that the stock has got very strong resistance in the range of Rs 800-810. Look to short this stock in the range of Rs 790-795. Keep a stop loss above the Rs 810 level on a closing basis and look for a target of Rs 760 and Rs 740 in the coming days.
4. Aurobindo Pharma has closed at a fresh one year high in yesterday’s trade. Look to buy this stock in the range of Rs 143-145. Keep a stop loss below the Rs 141 levels and look for a target of Rs 150 and 157 in the coming days.
5. Bata India has been in a classical uptrend and it is one of our favourite stocks for any buy trades. We can buy it at current market price with a stop loss of below Rs 945 for a target of Rs 1000-1040.
6. Hindalco Industries gave a breakout on Monday with heavy volumes. We can buy it at current market price and keep a stop loss below Rs 119 for a target of Rs 128- Rs 130-132.
Get Share Tips, equity Tips By Experts CLICK HERE
No comments:
Post a Comment