PRINCEPIPE
Is breaking Ascending Triangle and Inverse H&S pattern. Breakout Point at 741. Enter at current price Rs.751. Target is 18% at 880. Stop Loss at 680 on closing basis under 50 EMA.
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CANFINHOME
Is give breakout from the Channel’s Upper trendline and move up. Breakout point at 610. Expected to give 31% up move from current price with Target Rs.915. Enter at current price Rs.695. Stop Loss at 590 on closing basis below support of 610.
WHIRLPOOL
WHIRLPOOL Is making Golden crossover and Inverse H&S pattern. Enter at current price Rs.2360. Target 1: 2630(12%), Target 2: 2790(18%). Stop Loss at 2180 on closing basis under 50 & 200 EMA.
PSPPROJECT
PSPPROJECT Is breaking Ascending Triangle Pattern, and MACD Histogram up. Breakout Point at 480. Enter at current price Rs.487. Target 1 is 16% at 570. Stop Loss at 430 on closing basis under 200 & 50 EMA.
JAYAGROGN
Jayant Agro-Organics is breaking out from an inverse H&S pattern along with MACD Histogram is moving up. Breakout point is Rs. 295. Buy at the current price of Rs. 306 with the Target of Rs. 530, stop loss at Rs. 240 on the closing basis below the support of 252.
UBL
UBL is breaking out from an inverse H&S pattern with MACD histogram is moving up. Breakout point is Rs. 1575. Buy at the current price of Rs. 1603 with the Target of Rs. 2100, stop loss at Rs. 1450 on the closing basis.
ASIANPAINT
Asian Paints is breaking out from an inverse H&S pattern along with MACD Histogram is moving up. Breakout point is Rs. 3190. Buy at the current price of Rs. 3247 with the Target 1 of Rs. 3720, stop loss at Rs. 3000 on the closing basis.
APCOTEXIND
Apcotex Industries is breaking out of channel’s upper trend line along with MACD histogram is moving up. Breakout point is Rs. 540. Buy at the current price of Rs. 609 with the Target of Rs. 975, stop loss at Rs. 530 on the closing basis.
BERGEPAINT
Berger Paints India is moving up after taking support at the lower trend line as well as 200 EMA. Buy at the current price of Rs. 598 with the Target of Rs. 1160, stop loss at Rs. 550 on the closing basis under 200 EMA.
RELAXO
Relaxo Footwears 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. 987 with the Target 1 of Rs. 1440, stop loss at Rs. 900 on the closing basis below the support of Rs. 952.