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Bharti Airtel

Bharti Airtel Has witnessed Long term Ascending Triangle breakout on the weekly chart.

Last Six months average Weekly volume has been much higher indicating long term delivery based buying.

Stock has witnessed a 13 year price breakout indicating aggressive upmove in near to medium term.

Huge reduction in OI and increase in Delivery indicates long term buying.

Expect Stock to move towards 800 levels soon. Buy with SL of 640 and Add on at 660 levels in case of further downmove.

BHARTIARTL– BUY– CMP Rs.696 & Add on 660 SL 640 Target 800

Coal India Limited

COALINDIA has broken above Upward moving channel formation on the weekly chart.

The stock has retested the breakout and is ready for next leg of upmove towards 220 levels.

Huge Accumulation seen in the last 6 months when the stock was consolidating indicating aggressive up move in the near to medium term

Expect Stock to move towards 220 levels soon. Buy with SL of 150 and Add on at 165 levels in case of further downmove.

COALINDIA– BUY– CMP Rs.175 & Add on 165 SL 150 Target 220

DCM Shriram Consolidated Ltd​​​​​​​

DCMSHRIRAM, Monthly chart suggest that stock has given the cluster resistance breakout.

The chart indicates that stock takes a strong support of 200 DMA. Stock is trading in higher tops and higher bottom pattern suggesting potential up move in near term.

DCMSHRIRAM, BUY at cmp, ADD on dips towards 840 for a Target of 1250 with a stop loss of 780.

DCMSHRIRAM– BUY– CMP Rs. 981 & Add on 840 SL 780 Target 1250

Hindustan Aeronautics Limited​​​​​​​

HAL has witnessed Long term Ascending Triangle breakout on the weekly chart.

Huge Volumes were witnessed on breakout which indicates the strength of the breakout.

Currently Stock is making a bullish Flag consolidation pattern and is expected to resume uptrend on retest of support at 1300 levels.

Expect Stock to move towards 1550 levels soon. Buy with SL of 1200 and Add on at 1290 levels in case of further downmove.

HAL– BUY– CMP Rs.1323 & Add on 1290 SL 1200 Target 1550

Laurus Labs​​​​​​​ Ltd

The chart indicates that stock takes a strong support of 200 DMA with volume, indicates positive sign.

Momentum indicator RSI is showing a positive cross over in Daily chart indicates strength.

LAURUSLABS, BUY at cmp, ADD on dips towards 520 for a Target of 720 with a stop loss of 490.

LAURUSLABS– BUY– CMP Rs.565 & Add on 520 SL 490 Target 720

SRF Limited​​​​​​​

SRF, DAILY chart suggest that stock is trading in the upper rising channel.

The chart indicates that stock takes a strong support of 50 DMA and bounce back towards new high.

Stock is trading in higher tops and higher bottom pattern suggesting potential up move in near term.

SRF, BUY at cmp, ADD on dips towards 2000 for a Target of 2890 with a stop loss of 1840.

SRF– BUY– CMP Rs.2113 & Add on 2000 SL 1840 Target 2890

Tata Motors Limited​​​​​​​

TATAMOTORS, Monthly chart indicates that stock has given the FLAG pattern breakout with decent volumes suggesting potential up move in near term. RSI showing positive crossover indicates strength.

Looking towards the technical setup we believe stock has a potential to move ahead towards 630mark.

TATAMOTORS, BUY at cmp, ADD on dips towards 450 for a Target of 630 with a stop loss of 420.

TATAMOTORS– BUY– CMP Rs.508 & Add on 450 SL 420 Target 630

Tata Power Company Limited​​​​​​​

Tata Power, weekly chart indicates that stock has given the consolidation breakout with great volumes suggesting potential up move in near term.RSI showing positive crossover indicates strength.

Huge Accumulation seen in the last 2 to 3 months.Looking towards the technical setup we believe stock has a potential to move ahead towards 310 mark.

TATAPOWER, BUY at cmp, ADD on dips towards 204 for a Target of 310 with a stop loss of 180.

TATAPOWER– BUY– CMP Rs.226 & Add on 204 SL 180 Target 310

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