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Schneider Electric Infrastructure Limited

• On the weekly chart, the stock has observed one year “multiple resistance zone” breakout at 122 levels on a closing basis.

• This buying momentum was observed from its 100 and 200 day SMA support zone which reconfirm positive bias

• Rising volumes near breakout zone 11 February,2022*Holding period is 3 to 4 weeks. signifies increased participation

• The daily and weekly “Band Bollinger” buy signal suggests increased upward momentum

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

• The above analysis indicate an upside of 137-147 levels

Buy Schneider Electric Infrastructure Limited Buy Range: 124-120 CMP 128 Upside: 12%-20% Stop loss: 115

Jindal Steel & Power Limited​​​​​​​.

• Since last one year the stock has observed strong accumulation and consolidation around 380-350 levels

• However with past couple of weeks, upward momentum the stock now entered in bullish mode forming a series of higher tops and bottoms on the daily chart Jindal Steel & Power Limited Weekly Tech Picks 11 February,2022

• This buying spurt was observed from its 200 day SMA support of 402 levels which remains a crucial support zone

• Rising volumes since past couple of weeks signals increased participation

• The daily and weekly strength indicator RSI is in bullish mode along with positive crossover which supports rising strength in near term. The above analysis indicate an upside of 460-473 levels

• *Holding period is 3 to 4 week

Buy Jindal Steel & Power Limited​​​​​​​ Buy Range: : 430-422 CMP 435 Upside: 8% - 11% Stop loss: 408

BSE Limited

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

• With current close, the stock has decisively broken out its two months “rounding bottom” formation breakout around 2200 levels

• Rising volumes near this breakout 11 February,2022zone implies increased participation

• The stock is sustaining above its 20, 50 and 100 as well 200 Day SMA which reconfirms bullish sentiments ahead.

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

• The above analysis indicate upside of 2400-2520 levels

Buy BSE Limited Buy Range: 2230-2186 CMP 2276 Upside: 9% – 14% Stop loss: 2080

Balkrishna Industries Limited​​​​​​​

• On the daily chart, the stock has turned bearish forming a series of lower tops and bottoms, along with this it has also broken-down its two weeks “multiple support “ zone of 2225 levels on a closing basis

• High volumes at breakdown zone implies rising weakness 11 February,2022

• The stock is sustaining below its 20, 50, 100 and 200 Day SMA which reconfirms bearish sentiments ahead.

• The daily , weekly and monthly strength indicator RSI is in bearish mode along with negative crossover which supports weakness in the near term

• The above analysis indicate a downside of 2075-2000 levels.

Buy Birlasoft Limited Buy Range: 464-456 CMP 468 Upside: 10% – 15% Stop loss: 435

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