IPCA LaboratoriesMOSL: buy. TP 2420
Stock in tight uptrend. Has bounced back from the high of weekly trend channel. The bar formed today is not good enough to risk an entry. Stay away.
Etstockreco
SymphonyEdelweiss: Reduce TP 651
For those holding the stock: Things don't look promising enough. Will it reach 651? Can't say. But a short bounce off the trend channel line is possible. Also the stock has been in a congestion. It can fail both sides before trending.
Exide Ind EtStockRecoAnand Rathi: Buy target 190
Buy when a bullish reversal bar closing near its high is formed a the trend line. Keep the low of this bar as the SL. Target Trend channel line.
KPITTECH EtStockRecoAnand Rathi: Buy TP 110
No fresh buys as we have two upper trend channel lines standing in th way of target.
Buy at trendline only when tested with bullish reversal bar.
Varun Beverages EtStockRecoICICI sec: Hold till 750
Emkay Global: Buy Target 850
Don't buy afresh. Trail a strict SL. The stock touched trend channel line. Should return to trendline or the support before thinking long.
