Dr reddy is giving buyers a second chance if it decides to breakout again on above average volume and could see the targets marked T1 and T2. T1 and T2 are based on recent breakout high and next area of value. Stop loss should be below the build up area of consolidation. Keep It Simple
Jubilant Foodworks has formed a beautiful Head and Shoulders with a pullback and a buildup with dried up volume giving many confluences and a very favourable long trade on a breakout with high volume. Target: 683 which is the next area of value Stop loss: 548 Keep It Simple
HDFC FIN may be ready for a move after consolidating under a resistance level for 90+ days and has given a v shaped shakedown setting sort of a bear trap. A breakout on high volume opens up a ew zone and targets T1 and T2 can be hit. Keep It Simple
Cipla has shown great bullish momentum and wonderful price action, with the quarterly results being announced o 29th July, the stock can make a hue move up to the latest high. Stop loss: 949.65