SRF, part of the specialty chemical space, remained rangebound for the past 1 year but recent momentum helped the stock to break out from a 9-month consolidation on the weekly charts. Short-term traders can look to buy the stock now for a possible target of Rs 2,900-3,000 in the next 3-4 weeks, suggest experts. The … Read more
Bharat Heavy Electrical Ltd (BHEL), part of the heavy electrical equipment space, has rallied by over 50% in the last 3 months and the chart pattern suggests that the rally may not be over yet. Short-term traders can look to buy the stock on dips for a possible target of Rs 227 in the next … Read more
Kotak Mahindra Bank Ltd, part of the private banking space, has fallen over 11% from May 2023 highs but it has bounced back from crucial support and the upmove could extend towards 2000 levels. Short-to-medium-term traders can look to buy the stock on dips towards 1800-1850 levels, suggest experts. The stock hit a 52-week high … Read more
Canara Bank, part of the PSU bank segment, rallied more than 20% in the last 3 months to hit a fresh record high in January 2024 and the chart pattern suggests that the rally may not be over yet. Short-term traders can look to buy the stock on dips for a possible target above Rs … Read more
Pidilite Industries Ltd, part of the specialty chemical space, hit a fresh 52-week high in January 2024 but the rally may not be over yet, and long-term investors can look to buy the stock for a possible target above 3000 levels, suggest experts. The specialty chemical stock hit a 52-week high of Rs 2792 on … Read more
Aptech Ltd, part of the education industry, has fallen more than 30% from May 2023 highs and has taken multiple support above 240 levels and bounced back which suggests that the stock has bottomed out. Short-term traders can look to buy the stock for a possible bounce back towards 300 levels in the medium term, … Read more
Exide Industries Ltd, part of the heavy electrical equipment space, has rallied more than 20% in the last 3 months which helped the stock to breakout from a multi-year swing high formed in 2018. Short-term traders can look to buy the stock on dips for a possible target of Rs 372 in the next 3-4 … Read more
Bharti Airtel Ltd, part of the telecom industry, hit a fresh record high in December 2023 but pared gains as investors preferred to book profits but the chart pattern suggests that the rally may not be over yet. Short-term traders can look to buy the stock on dips for a possible target above 1100 levels … Read more
Divi’s Laboratories Ltd, part of the pharma industry, gave a breakout from an inverse Head & Shoulder pattern on daily charts to hit a fresh 52-week high last week which suggests that the trend is in favour of bulls. Short-term traders can look to buy the stock for a possible target above 4000-4300 levels in … Read more
Narayana Hrudayalaya Ltd, part of the hospital sector, has fallen by about 10% from its record high and is consolidating in a narrow range forming a Flag-like pattern on the daily charts. The stock is on the verge of a breakout from a Flag pattern. Hence, short-term traders can look to buy the stock for … Read more
