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BUY
Cochin Shipyard
Buy Near: Rs 350
Target: Rs 390
Stop Loss: Rs 330
The stock of Cochin Shipyard has confirmed a major breakout from the multiple resistance level of Rs 346 with decent volumes.
The price action has also take shape of bullish flag breakout. This price action is being witnessed just above the placement of 200-Week Moving Average and indicates sheer strength.
Thus, we advise traders to buy the stock near Rs 350 for target of Rs 390 in the coming sessions.
SELL
LT (Larsen & Toubro)
Sell Near: Rs 1,890
Target: Rs 1,800
Stop Loss: Rs 1,940
The stock has been in a strong uptrend from Rs 1,430 towards Rs
