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A fundamentally strong share made a hammer candlestick formation on weekly chart ... expecting a strong price action in the coming week
A fundamentally good share... buy can be initiated.
A bullish reversal is expected in M&M. Buy can be initiated with a target of 550-560.
Buy can be initiated in Raymond, target 620-40
Indusind bank is at a good buying level. Target 1350-1400.
An undervalued stock can bounce from here. Buy can be initiated around 140-150, target 175-190.
A fundamentally strong share that is undervalued and near to demand zone. Buy can be initiated at 270-285. The target could be 325-350 first followed by 380-90.
Fundamentally a strong stock, now trading near to demand zone. Buy can be initiated at 195-200. Target 250-67
Buy Godrejcp with SL 590, target 660-730.
Venkys is at right entry-level. Buy could be initiated with SL 1370 target 1550 followed by 1750.
It will be interesting to see how a strong fundamental MNC pharma Glaxo behaves in the upcoming week. Already, it is corrected ~18 percent. Immediate support is 1310 followed by 1280 and 1260. The first target would be 1680-90 followed by 1748.
Buy Jyothy Laboratories Ltd. @140-144, SL-138 target 165-70.
Buy Bandhan Bank target 550-590, SL 410. Made bullish hammer on the weekly chart.
So it's could be a good shorting candidate...RSI is also supporting weakness
Good candidate for shorting...….
SL and target are mentioned on the chart
Looking week on the chart... Target 1280 to 1260
Looking weak on the chart