DIVISLAB

Divis Laboratories after taking a support, made a Double bottom pattern and is breaking out from 200 EMA. Breakout point is Rs. 4465. Buy at the current price of Rs. 4495 with the Target of Rs. 5000, stop loss at Rs. 4300 on the closing basis under 50 EMA.

GNFC

GNFC is breaking out of channel’s upper trend line along with MACD histogram moving up. Breakout point is Rs. 715. Buy at the current price of Rs. 754 with the Target of Rs. 1330, stop loss at Rs. 680 on the closing basis below the support of 715.

TARSONS

Tarsons Products Ltd is breaking out from a Double bottom pattern along with MACD histogram is moving up. Breakout point is Rs. 747. Buy at the current price of Rs. 769 with the Target of Rs. 900, stop loss at Rs. 730 on the closing basis below the support of 747.

MANGCHEFER

Mangalore Chemicals & Fertilizers is breaking out from an inverse H&S pattern along with MACD histogram is moving up. Breakout point is Rs. 101. Buy at the current price of Rs. 108 with the Target of Rs. 215, stop loss at Rs. 95 on the closing basis.

IIFLWAM

IIFL Wealth Management is breaking out of channel’s upper trend line along with MACD histogram moving up. Breakout point is Rs. 1710. Buy at the current price of Rs. 1819 with the Target of Rs. 2470, stop loss at Rs. 1550 on the closing basis below the support of 1680.

CHENNPETRO

Chennai Petroleum is breaking out from an ascending triangle pattern as well as 200 EMA. Breakout point is Rs. 142. Buy at the current price of Rs. 168 with the Target of Rs. 455, stop loss at Rs. 140 on the closing basis under 200 EMA.

BSOFT

Birlasoft is breaking out from an inverse H&S pattern along with MACD histogram moving up. Breakout point is Rs. 482. Buy at the current price of Rs. 492 with the Target 1 of Rs. 580, stop loss at Rs. 450 on the closing basis under 50 EMA.

WONDERLA

Wonderla Holidays is breaking out from an inverse H&S pattern as well as 50 & 200 EMA. Breakout point is Rs. 240. Buy at the current price of Rs. 251 with the Target of Rs. 380, stop loss at Rs. 215 on the closing basis under 200 & 50 EMA.

HDFCAMC

HDFCAMC is moving up after taking support at the lower trend line, RSI & MACD Histogram is Moving up from low. Buy at the current price of Rs. 2332 with the Target of Rs. 3130, stop loss at Rs. 2000 on the closing basis below the support of Rs.2080.

COLPAL

Colgate is Crossing over 50 EMA after taking support at the lower trend line & 200 EMA, RSI & MACD is moving up from low. Buy at the current price of Rs. 1550 with the Target of Rs. 2200, stop loss at Rs. 1380 on the closing basis under 200 EMA.