NSE:HESTERBIO HesterBio trading consolidating near resistance zone for 2.5 weeks. This high was made 3 years back and now acting as resistance. One can add at CMP 1779 Stop loss 1600 Target 2950
NSE:TASTYBITE TASTYBITE taking support near its previous resistance region of 13700. Also, it have given breakout with good volumes. Apart from this chart is showing strength after comparing it with Nifty. Dynamic and Static Relative Strength is above 0 which indicates bullishness in stock and it looks good to hold for short to medium term. Stop Loss: 13000
NSE:CHEMCON Chemcon after falling from its IPO listing, its consolidating in a range. It can be accumulation phase as stock is making higher lows and volume of green candles is high. CMP 433 Stop loss for longs: 410 Looking good for positional trade
Grasim showing strength and giving sign of outperformance It can see four digits in 1 years Stop loss for longs is 650 NSE:GRASIM
NSE:CNXPHARMA CNX Pharma showing strength compared to Nifty. Currently its giving breakout above 12500 and breaking its high made recently. Stop loss for longs 11550
Adani Ports showing sign of outperformance. Can give 20-30% returns in 5-6 months. Recently gave breakout with high volumes CMP: 360 Stop loss: 330
NSE:L_TFH L&T Finance all set to outperform. It gave breakout with good volumes and showing strength vis a vis Nifty. CMP: 77 Target of 95 Stop loss 70
NSE:METROPOLIS METROPOLIS strong candidate to buy for positional trade Charts showing strength when compared with Nifty50 CMP: 1786 Stoploss: 1670 Resistance seen 2050 and 2120 (all time hihg) Can be bought for gains of atleast 30% in short term
NSE:BOSCHLTD Bosch LTD showing strength when compared to Nifty in short term 12000 should be the stop loss for longs
NSE:HEIDELBERG Heidelberg Cement showing Relative Strength when compared to Nifty. It can give 20% returns in short term (6 months) CMP: 185 Stop loss 170 or if chart shows weakness
Positional Trade: Buy Sanofi on dips with SL of 5836 and target of 7050+. Time frame: 210 days Target will be trailed upside as stocks move in up trend. Risk Reward= 1:1
HNS in LIC Hsg Fin. Can be shorted with target of 181 and SL 558. Expecting target to get achieve in 880 days+
HNS in LIC Hsg Fin. Can be shorted with target of 181 and SL 558. Expecting target to get achieve in 880 days+
HNS i LIC Hsg Fin. Can be shorted with target of 181 and SL 558. Expecting target to get achieve in 880 days+
Breakout with Strong volumes happened in Tata Elxsi. With 1:1 RR it can be bought at 685 with target 753 and SL 617.