Trilogy for the month : Bhansali Engineering Polymers Ltd, Sun TV Network Ltd, VA Tech Wabag Ltd By LKP Securities
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BHANSALI ENGINEERING POLYMERS LTD
* Stock has given fresh range breakout on daily chart after retesting its previous breakout zone.
* Strong volume has been seen at the time of breakout.
* Both momentum indicator RSI & MACD are ranging in positive momentum.
Buy Bhansali Engineering Polymers Ltd @ 201 - 204 CMP 201 1-MONTH TARGET 230 SL 188 CB
SUN TV NETWORK LTD
* Stock managed to cross above its strong hurdle zone.
* Good volume activity has been witnessed at the time of breakout.
* Prices are well trading above ichimoku clouds which shows immediate trend is up.
Buy SUN TV NETWORK LTD @ 573 – 578 CMP 573 1-MONTH TARGET 645 SL 535 CB
VA TECH WABAG LTD
* Stock moved out of its range with wide green candle on daily chart.
* Good volume is seen at the time of breakout.
* Both momentum indicator are ranging in positive territory .
Buy VA TECH WABAG LTD @ 394 – 397 CMP 394 1-MONTH TARGET 435 SL 375 CB
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