SIEMENS

Siemens is breaking out of channel’s upper trend line and is moving up. Breakout point at Rs. 2470. Buy at the current price of Rs.2517 with the Target of Rs. 2815 and stop loss at Rs.2400 on the closing basis.

MARICO

Marico Ltd Is gaining momentum after taking support at the lower trend line of the channel pattern. Buy at the current price of Rs. 500 with the Target of Rs. 630 and stop loss at Rs. 475 on closing basis.

HINDALCO

Hindalco Industries Ltd Is gaining momentum after taking support at the lower trend line of the channel pattern and also broke out of 50 EMA. Buy at the current price of Rs. 464 with the Target of Rs. 590 and stop loss at Rs. 415 below the support of Rs. 440.

RADICO

Radico Khaitan is breaking out from an ascending triangle pattern. Breakout point at Rs. 1127. Buy at Rs.1159 with the Target of Rs.1365 and Stop Loss at Rs.1060 on the closing basis.

COFORGE

Coforge is breaking out from an Inverse H&S formation along with an ascending triangle breakout. Breakout point at Rs. 5860. Buy at the current price of Rs. 5977 with the Target of Rs. 6880 and stop loss at Rs. 5800 on the closing basis below the support of 5860.

ACCELYA

Accelya Solutions India is making a pennant formation, RSI & MACD is moving up from low. Buy at the current price of Rs. 1066 with the Target 1 of Rs. 1465. A breakout above 1465 could lead to Target 2 of Rs 2270. Stop loss at Rs. 850 on the closing basis.

ALKYLAMINE

Alkyl Amines Chemicals is breaking out from a descending broadening wedge along with positive MACD. Buy at the current price of Rs. 3602 with the Target of Rs. 4100 and stop loss at Rs. 3400 on the closing basis.

TITAN

Titan Company is breaking out from Flag pattern along with positive MACD. Breakout point at Rs. 2455. Buy at the current price of Rs. 2511 with the Target of Rs. 3195 and stop loss at Rs. 2400 on the closing basis.

BAJAJ-AUTO

Bajaj auto is Crossing over 200 EMA after taking support at the lower trend line, RSI & MACD is moving up from low. Buy at the current price of Rs. 3308 with the Target of Rs. 4260 and stop loss at Rs. 3000 on the closing basis.

BASML

Bannari Amman Spinning Mills is breaking out from an Inverse H&S formation. Buy at the current price of Rs. 88 with the Target of Rs. 123 and stop loss at Rs. 75 on the closing basis under 200 EMA.