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Mahindra Holidays & Resorts India Ltd

• On the weekly time frame the stock has decisively broken out one year “consolidation range” breakout at 275 levels on a closing basis . This breakout is accompanied with huge volumes indicating increased participation

• The stock is well placed above 20, 50, 100 and 200 day SMA’s which reconfirms bullish trend

• On the daily and the weekly time frame, the stock is in strong up trend forming a series of higher tops and bottoms

• 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 313-327 levels.

• Holding period is 3 to 4 weeks.

Buy Mahindra Holidays & Resorts India Ltd CMP: 285 Buy Range: 280-275 Stop loss: 260 Upside: 13% - 18%

PCBL Ltd

• On the weekly time frame, the stock has observed one year “multiple resistance” breakout at 138 levels along with huge volumes

• The stock is well placed above its 20,50 and 100 SMA’s which reconfirm bullish sentiments

• The daily and weekly “band Bollinger” 02 September,2022buy signal indicate increased momentum

• On the daily and weekly time frame, the stock has entered in up trend forming a series of higher tops and bottoms

• The daily and weekly strength indicator RSI is in positive terrain and sustaining above 50 mark indicating sustained strength

• The above analysis indicate upside of 155-163 levels. *Holding period is 3 to 4 weeks.

Buy PCBL Ltd CMP: 142 Buy Range: 138 - 134 Stop loss: 127 Upside: 14% - 20%

Pidilite Industries Ltd

• On the weekly chart, the stock has confirmed “multiple resistance zone” breakout around 2750 levels on a closing basis. Rising volumes at breakout zone indicates increased participation

• The stock is well placed above its 20, 50,100 and 200-day SMA’s and sustaining above the same which reconfirm bullish sentiments

• The daily and weekly “band Bollinger” buy signals indicate increased momentum

• The daily and weekly strength indicator RSI continue to remain bullish and quoting above 50 mark which signals sustained and rising strength

• The above analysis indicate upside of 3150-3235 levels.

Buy Pidilite Industries Ltd CMP: 2871 Buy Range: 2850 - 2794 Stop loss: 2651 Upside: 12% - 15%

LIC Housing Finance Ltd

• On the weekly chart, the stock has confirmed “multiple resistance zone“ breakout at 407 levels

• This breakout is accompanied with risisng volume indicating increased participation at breakout zone

• On the daily and weekly time frames, the stock has formed a series of higher tops and bottoms

• The stock is well placed above its 20, 50,100 and 200 day SMA support zone which reconfirm bullish sentiments

• The daily and weekly strength indicator RSI is in bullish mode which supports rising strength

• The above analysis indicate upside of 455-485 levels.

• Holding period is 3 to 4 weeks.

Buy LIC Housing Finance Ltd CMP: 418 Buy Range: 416-408 Stop loss: 385 Upside: 10% - 18%

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