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It is a hurdle jump for bosch. 1)23580 , 2) 24000 3)24700 4)26000. Will nifty cheer up bosch to reach the destination?
despite market looking overbought banknifty is making new highs, same trend likely to continue till June expiry with aspiration of 24500. slower will go higher enjoy the drift.
inverted head and shoulder in dr reddys lab, in the rise of nifty, pharma stocks are left behind will drreddy lab cover the back log. likely to go for targets of 2900 to 3000 in around one month.
bajaj auto has formed a good inverted head and shoulder pattern on charts, good auto sales may help it reach 2950 in same exopiry. keep sl of 2815 closing
after two years of consolidation stock is just out of channel, in short term targets will be 400 to 420.
after a long consolidation of two years lupin is charged for breakout. backed with strong fundamentals and upward movement of nifty, lupin can touch 1650 in short and 2000 in medium to long term.
after a consolidation and good fundamentals, care likely to move up of consolidation target 1800-1900
in view with previous idea of nifty make or break. banknifty has given breakout of the trend. if bank nifty continue over to the trend line it will likely pull nifty above 8900.
the stock is likely to form bottom at 510-525 levels, results are on 10/02/17.
sell nifty for day or two for targets 8650 8620
LONG FOR TARGET OF 23.85