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ITC Ltd

Buy ITC @ 334 & Upto 325 for the Target of 380/400

On a monthly chart, the stock is continuously trending upward since march 2022, concluding the primary trend is bullish. Additionally, ITC is trading at 334 and has numerous supports between 320 and 325 levels on the weekly chart.

On the weekly chart, the price is sustaining above middle line of the Bollinger band, indicating the stock's strength.

The daily chart's RSI Indicator is trading near 50 levels, which suggests that the stock would move higher in coming days. Additionally, the stock is up against a downward-sloping trend line resistance and may break out above 340 levels, which would push it toward its ATH levels of 360 and above

So based on the above technical structure, we are recommending a buy position in the stock for the medium to long term

Bharat Electronics Ltd

Buy BEL @ 99 & Upto 96 for the Target of 114/120

On daily as well as weekly charts, BEL is sustaining above 200 day EMA, suggesting that bullish trend would continue in near term

On the daily chart, the stock has strong support around 95-98 zone which is also supported by 38.2% retracement level.

Additionally in the weekly chart, BEL is moving in a channel and is taking support along the way, a mean reversion can be seen at these levels in BEL as previously seen in the last couple of months .

Indicators such as RSI are trading at 50 levels, suggesting that stocks have good momentum and it would continue its primary trend.

So based on the above technical structure, we are recommending a buy position in the stock for the medium to long term.

Titan Company Ltd

Buy TITAN @ 2560 & Upto 2500 for the Target of 2800/2850

On a weekly basis, the stock has a good foundation around 2450 levels. In addition, the price has taken trendline support from the rising channel

In the short term, Technical outlook remains range bound nonetheless gradual rise in volume with price would confirm the stock's strength. The immediate obstacle appears to be 2670; once broken and held, the price would rise further.

The MACD and RSI indicators position reinforces stock’s bullish narrative in the counter. The price action is also supported by 50 DMA as well.

So based on the above technical structure, we are recommending a buy position in the stock for the medium to long term.

Mahindra And Mahindra Ltd

Buy M&M @ 1252 & Upto 1240 for the Target of 1360/1390

M&M had continued to move upside, after the short term consolidation on weekly chart. The stock has a strong support zone around the 1150-1200 zone, which is also supported by 200 day EMA.

There is a downward sloping trend line with a slight resistance near 1280 on the daily chart. Once it overcomes this resistance and maintains above the indicated levels, the stock would ride on the higher side.

The RSI Indicator is at a comfortable level of 50, indicating that the stock has the potential to rise higher. The stock has gone above the middle band on the Bollinger band and has respected the support level of 1210, which is the lower band.

So based on the above technical structure, we are recommending a buy position in the stock for the medium to long term.

Infosys Ltd

Buy INFY @ 1520 & Upto 1490 for the Target of 1725/1760

On the daily chart, INFY has seen a sideways consolidation for the past 6 months when the stock had corrected 30% from the top.

On the weekly chart INFY has managed to sustain and trade above 50 and 100 EMA, suggesting scrip is currently in positive momentum.

RSI currently remains within the 45-50 range, however once it sustains above 50 the price would rise gradually.

So based on the above technical structure, we are recommending a buy position in the stock for the medium to long term

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