One can initiate Short positions in Intraday in Muthoot around 629 or above. Muthoot Finance looks in overbought zone.
The STBT target given in Glenmark of 378.15 on 14th August during market hours has been hit today at 9:17 A. M.
Glenmark can be considered as a STBT for target of 378.15 on Friday - 16th August
One can initiate Short positions in Intraday in Glenmark around 383.70 or above. Target Price -> 378.15.
One can initiate Short positions in Intraday in Reliance around 1289.50. Reliance looking exhausted after the upmove yesterday. May need to consolidate downwards further in the coming days.
One can buy SBI at current price of 287.50 for Investment. Target Price -> 376.35
One can initiate Long positions in Intraday in Larsen & Toubro around 1364.60 levels or below by using the morning dips. L&T looking strong to end the day in green.
Any fall in State Bank of India from the current price levels in the upcoming curtailed trading week could provide a great opportunity for investment