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KPIT Technologies Ltd

On the daily chart, the stock has witnessed couple of weeks “Consolidation Range” breakout at 318 levels

The stock is well placed above its 20 and 50-day SMA’s which reconfirm bullish sentiments

Rising volumes at breakout zone signals increased participation on correction

The stock is in strong up trend across all the time frames forming a series of higher tops and bottoms

The daily and weekly strength indicator RSI is in bullish mode which supports rising strength as well as momentum

The above analysis indicate an upside of 353-362 levels

*Holding period is 3 to 4 weeks.

Buy KPIT Technologies Limited Buy Range: 330-324 CMP: 335 Upside: 8%-11% Stop loss: 313

Polycab India Limited

On the daily chart, the stock has witnessed two weeks “Consolidation Range” breakout around 1880 levels which signals strong comeback of bulls

Huge volumes on the breakout , signals increased participation near breakout zone

The stock is strong uptrend as it is continue to form a series of higher Tops and higher Bottom formation on weekly and monthly chart

The stock has recaptured its 20 Day SMA(1856) which reconfirm bullish trend

The daily strength indicator RSI is placed above 50 mark which supports rising strength. The above analysis indicate an upside of 2013-2055 levels.

*Holding period is 3 to 4 weeks

Buy Polycab India Limited Buy Range: 1890-1852 CMP: 1,908 Stop loss: 1800 Upside: 8% -10%

Gufic Biosciences Limited

On the weekly chart, the stock has witnessed “Multiple Resistance” breakout at 205 levels on a closing basis along with rising volumes.

On the daily and weekly chart, the stock continue to scale upward forming higher Top and higher Bottom formation indicating sustained uptrend

The stock is well placed above its 20 week SMA which reconfirms upside momentum

The daily and weekly strength indicator RSI is in bullish mode along with positive crossover which supports rising strength

The above analysis indicate an upside of 235-248 levels

*Holding period is 3 to 4 weeks.

Buy Gufic Biosciences Limited Buy Range: 213-208 CMP: 218 Stop loss: 195 Upside: 12% – 18%

Titan Company Limited

On the daily chart, the stock has witnessed bounce back from its earlier breakout zone of 1780 levels with rising volumes.

On the weekly and monthly chart, the stock continue to form a series of higher Tops and higher Bottoms which signals strong up trend

This buying was observed from its 20 day SMA (1756) support zone which remains a crucial level to watch for

The daily and weekly strength indicator RSI is in bullish mode along with positive crossover which supports rising strength

The above analysis indicate an upside of 1900-1965 levels

*Holding period is 3 to 4 weeks

Buy Titan Company Limited Buy Range: 1834-1798 CMP: 1,837 Stop loss: 1772 Upside: 5% – 8%

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