Rupa has given a trendline breakout with huge volumes, RS was also facing hurdle to get above 64. Now it is 66. Also the price is near to 200 DMA, giving more scope to rise.
Disclaimer: This is for educational purpose only. This is not any recommendations
HDFC Bank has made a very strong comeback, breaking past above the 200 as well as the 50-day moving average So, HDFC Bank is likely to continue its momentum and start to outperform from the banking space. We would suggest a buy with Rs 1,650 as a momentum target and stop loss could be kept at Rs 1500 mark..
Disclaimer:This view is purely for educational...
Description: Thyrocare Technologies Limited (daily): the stock has held the bottom side area around 1300 for the last one month. Looks like the flag breakout has already been given. This is a low volume
stock, so above the break, move will be quick in intraday.
1370 +is a new level to watch.