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J.Kumar Infraprojects Limited

• On the weekly chart, the stock has decisively broken out its past 6-7 months “Consolidation Range” (190- 150) on a closing basis indicating strong come back of bulls

• This buying momentum was observed from 20, 50 and 100 day SMA and rebounded sharply J.Kumar Infraprojects Limited Weekly Tech Picks 13 April,2022

• The daily and weekly “band bollinger” buy signal reconfirm positive bias

• The daily and weekly strength indicator RSI is in bullish mode along with positive crossover which supports rising strength in near term.

• The above analysis indicate an upside of 210-220 levels.

• Holding period is 3 to 4 weeks.

Buy J.Kumar Infraprojects Limited Buy Range: 194-190  CMP: 199 Upside: 9% - 15% Stop loss: 183

Seshasayee Paper and Boards Limited

• On the daily chart, the stock has confirmed 8-9 months “multiple resistance” zone of 192 levels on a closing basis indicating strong come back of bulls

• This buying momentum was observed from its 200 day SMA (172) and rebounded very sharply 13 April,2022• Rising volumes on a rally implies increased participation at breakout zone

• The daily and weekly “band bollinger” buy signal reconfirm positive bias

• The daily and weekly strength indicator RSI signals positive crossover indicate rising strength

• The above analysis indicate upside of 218-228 levels.

• Holding period is 3 to 4 weeks.

Buy Seshasayee Paper and Boards Limited Buy Range: : 200-195 CMP: 204 Upside: 10% – 15% Stop loss: 184

Praj Industries Limited

• On the daily chart, the stock is on the verge of “rounding bottom” pattern breakout around 440 levels hence any strong close above the same may lead major upside

• The stock is well placed above its 20, 50, 100 and 200 day SMA which reconfirm bullish trend 13 April,2022

• Rising volumes near breakout zone implies increased participation

• The daily and weekly strength indicator RSI signals positive crossover indicate rising strength

• The above analysis indicate upside of 465-485 levels.

• Holding period is 3 to 4 weeks.

Buy Praj Industries Limited Buy Range: : 429-421 CMP 429 Upside: : 9% – 14% Stop loss: 396

Shipping Corporation Of India Limited

• On the daily chart, the has confirmed “multiple resistance” (132) breakout on a closing basis

• This breakout is accompanied with huge volumes which signals increased participation

• The stock has recaptured its 20, 50, ,100 and 200 day SMA and rebounded 13 April,2022very sharply

• The daily “band bollinger” buy signal reconfirm positive bias

• The daily and weekly strength indicator RSI signals positive crossover indicate rising strength

• The above analysis indicate upside of 147-153 levels.

• Holding period is 3 to 4 weeks.

Buy Shipping Corporation Of India Limited Buy Range: : 133-129 CMP 134 Upside: : 12% – 17% Stop loss: 122

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