ICICI Lombard should sustain the breakout this time. While deeper stop losses can be followed, for short term trades, I feel, one should stick with the stop loss of Rs.1540
Dr. Lal PathLabs is in a consolidation mode and it looks good to buy it over here.
A long term trendline of HDFC Bank was recently broken. The line offered good support to the chart. Currently the same line might act as a resistance. However, seeing the bullishness, I am tempted to stay long in this script but with a tight revised stop loss of Rs.1520
Maintain Stop Loss at 16340 with this one. The market breadth looks decent however, Nifty looks a bit tired on charts for the short term. Long term is very very strong. Do not exit your winners in this bull market.
The whole FMCG pack looks strong. Nestle has given a similar breakout. Keep Stop Loss at Rs.18,700 and go long for investing purpose.
Out of BNF and Nifty, bank Nifty certainly seems the stronger one. Go long in Bank Nifty. Supports are marked on the chart.
Nifty has broken out of its range however, I feel that this move might get retraced very soon. The broader market is not doing good. Keep 15,900 as support.
Tata Investment has given a good breakout and one can maintain stop loss at Rs.1190 while going long in this trade.
Bank Nifty is stuck in its range of 34500-35800 and is having a time-wise correction.
Nifty is stuck between the range of 15,900 and 15,625 and has already spent 2 months here. A time-wise correction in going on.
Abbott India looks very bullish and has made a new lifetime high. I expect 2x-3x in the next 4-5 years. Short term targets will be 20%-30% in the coming 3-4 months. Keep Stop Loss at Rs.18500
V Mart has done really well in the past few days. It is currently retesting the breakout. Strong indication of buy if these levels are held. Stop loss at Rs.3050
While the impact on the share price of Just Dial is primarily over, the stock may still be able to sustain these levels. If Rs.1000 is held, then I would suggest going long in this stock. Remember, the main party is over but now this is a Reliance Group Company.
Syngene has given a big breakout and the targets can be endless in this one. Keep Stop Loss at Rs.640, Syngene is a very strong stock fundamentally as well.
Nifty is in a narrow range. It created a Doji at the perfect place on Friday. I am still bullish on the index and expect a green candle on Monday itself. I have clearly drawn my trendlines and therefore, one can follow these to develop their own analysis.
Jindal Poly Films Stop Loss has to be at Rs.920, buy the stock and enjoy the gains. It is a triangle breakout.
Xelpmoc Design has finally given a breakout that looks sustainable. Enjoy the upward journey, keep your stop loss at Rs.350
Route Mobile looks extremely bullish and has crossed the All Time High on Friday. The stock can be bought for the short to medium term while keeping a stop loss at Rs.1920