TCS

TCS is taking support on the lower trend line and breaking out of 50EMA. Buy at the current price of Rs.3652 with the Target 1 : 4180(14%), Target 2: 4830(32%). Stop Loss at 3300 (9%) on closing basis under 200 EMA.

POWERGRID

POWERGRID Power Grid Corporation of India is breaking out of channel’s upper trend line and is moving up. Breakout point at Rs. 209. Buy at the current price of Rs.214 with the Target of Rs. 290(35%) and stop loss at Rs.185(14%) on the closing basis below the support of 205.

IDEA

IDEA Broken out from an Inverse Head and Shoulders formation. Enter at the current price of Rs. 12.80. Target at Rs. 18. Stoploss at Rs. 10.60 below the support of Rs. 11.65.

AMBUJACEM

AMBUJACEM Ambuja Cements is taking support on trend line as well as 200 EMA. Buy at the current price of Rs.371 with the Target of Rs. 427 and stop loss at Rs.345 on the closing basis below the support of 368.

DIVISLAB

DIVISLAB Gaining momentum after taking support at the lower trend line of the channel pattern. Enter at the current price of Rs. 4850. Target at Rs. 5620. Stoploss at Rs. 4600 on closing basis below support at Rs. 4660.

ZYDUSLIFE

Multiple death cross in last 10 years in Cadila Healthcare have acted as bottom and reversed with an average 20% downside. In current death cross, we expect a lower level of 420. Buy On Dip at ₹420. For a upside to upper trendline level of 810 and a Stop Loss under 350 on a closing […]

BSOFT

Birlasoft is breaking out of channel’s upper trend line and is moving up. Breakout point at Rs. 463. Buy at the current price of Rs.471 with the Target of Rs. 528 and stop loss at Rs.450 on the closing basis below the support of 463.

CRISIL

CRISIL CRISIL is breaking out of a multi year channel and is moving up. Breakout point is Rs. 3130. Buy at the current price of Rs. 3391 with the Target 1 of Rs. 4455 and stop loss at Rs. 2950 on the closing basis below the support of Rs. 3075.