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 Linde India Ltd

• LINDEINDIA on the weekly time frame has decisively broken out above the “Symmetrical Triangle” pattern. The break out for the same was placed above 3370.

• The daily “Bollinger band” generated a buy signal as stock closed above the upper Bollinger Band.

• Stock is well placed above 20, 50, 100 and 200 key averages indicating positive momentum.

• The daily and weekly strength indicator RSI is in bullish mode and weekly RSI cross above its reference line which had generated a buy signal

• The above analysis indicates an upside of 3660 3785 levels.

*Holding period is 3 to 4 weeks.

Buy Linde India Ltd@3400-3332CMP: 3419Stop loss: 3220

 Balrampur Chini Mills Ltd

• BALRAMCHIN on the weekly chart has decisively broken out above the “falling channel” pattern as well as “Multiple resistance zone”.

• Stock is forming a higher high-low on daily chart. This formation indicates a positive uptrend

• The breakout is accompanied with an 16 December, 2022

• The breakout is accompanied with an increase in volume confirming participation at breakout level.

• The weekly strength indicator RSI is holding above a reading of 50 mark and its reference line indicates positive momentum.

• The above analysis indicates an upside of 437 450 levels.

*Holding period is 3 to 4 weeks.

Buy Balrampur Chini Mills Ltd@: 390-384CMP: 394Stop loss: 362

Mahindra CIE Automotive Ltd

• On the weekly time frame the stock has decisively broken out above the ‘”Multiple Resistance Zone” pattern placed between 324-313 levels.

• The breakout is accompanied with an increase in volume confirming participation at breakout level.

• Stock is well placed above 20, 50, 100 and 200 key averages indicating and 200 key averages indicating positive momentum.

• The daily and weekly strength indicator RSI is in bullish mode and weekly RSI cross above its reference line which had generated a buy signal

• The above analysis indicates an upside of 375 390 levels. *Holding period is 3 to 4 weeks.

Buy Mahindra CIE Automotive Ltd.@ 320-314CMP: 325Stop loss: 288

Titan Company Ltd

• TITAN on the weekly time frame has decisively broken down below the “Head and Shoulder” pattern. Neckline for the same was place at 2530 level.

• Stock is forming Lower high-low on weekly chart. This formation indicates a negative downtrend..

• Stock is facing a “Multiple Resistance”

• The daily and weekly strength indicator RSI is in bearish mode and weekly RSI holding below its reference line which indicate negative momentum

• The above analysis indicates a downside of 2380 2300 levels.

*Holding period is 1 to 2 weeks.

Buy Titan Company Ltd (Dec Future)@2515-2565CMP: 2498Stop loss: 2620

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