AIAENG

AIA Engineering is breaking out from a rising wedge pattern along with MACD Histogram moving up. Breakout point is Rs. 2480. Buy at the current price of Rs. 2490 with the Target of Rs. 2780, stop loss at Rs. 2370 on the closing basis.

KEI

KEI Industries is breaking out from channel’s upper trend line and making an all time high. Breakout point is Rs. 1345. Buy at the current price of Rs. 1388 with the Target of Rs. 1670, stop loss at Rs. 1300 on the closing basis below the support of 1345.

IEX

IEX is breaking out from a pennant formation. Breakout point at Rs. 265. Buy at the current price of Rs.272 with the Target of Rs. 313 and stop loss at Rs. 260 on the closing basis.

CDSL

CDSL is breaking out from an ascending triangle pattern. Breakout point at Rs. 1580. Buy at Rs.1617 with the Target of Rs.1980 and Stop Loss at Rs.1390 on the closing basis under 50 EMA.

HINDZINC

Hindustan Zinc Ltd is breaking out from an inverse H&S formation. Breakout point is Rs. 346. Buy at the current price of Rs. 364 with the Target of Rs. 555(53%) and stop loss at Rs. 300(17%) on the closing basis under 50 EMA.

DIXON

Dixon Technologies is breaking out from a pennant formation along with MACD crossover. Breakout point at Rs. 5362. Buy at the current price of Rs.5502 with the Target of Rs. 6280 and stop loss at Rs. 5240 on the closing basis.

BEML

BEML Ltd Is breaking out of a multi-year channel pattern. Enter at the current price of Rs. 2014. Target at Rs. 3200. Stoploss at Rs. 1700 below the support of Rs. 1750.

ABCAPITAL

After taking support on the lower trend line, breaking out from a Bullish flag along with positive MACD. Enter at the current price of Rs. 118. Target at Rs. 135. Stoploss at Rs. 105 below the support of Rs. 113.

IPCALAB

IPCA Laboratories Ltd is Crossing over 50 & 200 EMA after taking support at the lower trend line of channel pattern. Buy at the current price of Rs. 1088 with the Target of Rs. 1370 and stop loss at Rs. 985 on the closing basis.

METROPOLIS

Metropolis Healthcare Ltd is breaking out of channel’s upper trend line along with positive MACD. Breakout point at Rs. 3430. Buy at the current price of Rs. 3472 with the Target of Rs. 4150 and stop loss at Rs. 3250 on the closing basis.