04-05-2023 11:09 AM | Source: Religare Broking Ltd
Tech Stars : Aditya Birla Capital Limited and NTPC Limited By Religare Broking
News By Tags | #4265 #115 #5695 #3050

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Aditya Birla Capital Limited

TECHNICAL RATIONALE

AB Capital has formed a higher base after breakout from a broader consolidation range. The recent price action combined with uptick in volumes indicates the possibility of a breakout soon. We thus recommend creating fresh longs in the mentioned zone.

Buy Aditya Birla Capital Limited CMP 154.00; Initiation Range 153-155; Stop Loss 146; Target 170

 

NTPC Limited

TECHNICAL RATIONALE

AB Capital has formed a higher base after breakout from a broader consolidation range. The recent price action combined with uptick in volumes indicates the possibility of a breakout soon. We thus recommend creating fresh longs in the mentioned zone

Buy NTPC Limited CMP 176.80; Initiation Range 176-178; Stop Loss 173; Target 185

 

To Read Complete Report & Disclaimer Click Here

 

Please refer disclaimer at https://www.religareonline.com/disclaimer

SEBI Registration number is INZ000174330

 

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer