SUNCLAYLTD

SUNCLAYLTD Sundaram-Clayton is breaking out from a rising wedge pattern. Breakout point at Rs. 4045. Buy at the current price of Rs.4180 with the Target of Rs. 5015 and stop loss at Rs.3800 on the closing basis below the support of Rs.3935.

M_MFIN

M_MFIN Mahindra & Mahindra Fin. Services is breaking out from a descending broadening wedge as well as inverse H&S. Buy at the current price of Rs.202 with the Target of Rs. 310 and stop loss at Rs.175 on the closing basis below the support of 178.

HINDPETRO

Hindustan Petroleum Corporation is breaking out of a multi year channel. Breakout point is Rs. 338. Buy at the current price of Rs.343 with the Target of Rs. 507 and stop loss at Rs.290 on the closing basis below the support of Rs.312.

GUJTHEM

Took support on the trend line and also moving above 50 EMA. Enter at the current price of Rs 532 with the Target of Rs. 790 (47% upside). Stoploss at Rs. 470 on the closing basis which is below the support of Rs. 491.

EIDPARRY

EIDPARRY E I D-Parry is breaking out of a multi year channel. Breakout point is Rs. 440. Buy at the current price of Rs.472 with the Target of Rs. 730 and stop loss at Rs.380 on the closing basis below the support 2 of Rs.404.

OAL

OAL Moving up by taking support on the trend line as well as 200 EMA, RSI also moving up from lows. Enter at the current price of Rs. 814. Target 1: 1050(28%), Target 2: 1315(60%). Stop loss below the trend line at 670(17%).

BLUESTARCO

BLUESTARCO Blue Star is breaking out of a multi year channel. Breakout point is Rs. 960. Buy at the current price of Rs.1024. Target 1: 1480(53%), Target 2: 1790(85%). Stop loss at Rs.700 on the closing basis under 50 EMA.