Traders are advised to continue with a stock specific approach but keep booking timely profits as well
Stocks of PTC India and Indo Count can see a 10-14 per cent upside from current levels
Berger Paints is placed near its strong historical consolidation zone and is expected to surge higher from here onwards, says the technical analyst
The stock price of Alkem Laboratories has broken out on the daily chart
The technical analyst from HDFC Securities also recommends to remain long on the Nifty and BankNifty with a stop at 17,325 and 36,525, respectively.
Tata Motors DVR has re-tested the breakout zone and has seen an early sign of reversal in the last trading session, says the technical analyst from Anand Rathi
Sameet Chavan of Angel Broking recommends buying HPCL, and shorting Titan and Tata Steel
Mahindra & Mahindra has made a triple bottom formation on the daily chart, can target Rs 850 on the upside, says the technical analyst
The technical analyst from Anand Rathi is also bullish on SBI Cards and Jubilant Ingrevia
Torrent Power Sept futures have seen considerable long build up, with 80 per cent rise in open interest and 5 per cent rise in price.
The Religare Broking analyst also recommends buying Apollo Tyres
The broader trend for the Nifty remains bullish, with short-term support and resistance at 17,254-17,438 for the NSE index
The stock of Bajaj Consumer, after a decent correction, has bottomed out near 245 level
Pidilite Sept futures have seen long build up, the open interest has increased by 18 per cent with 5 per cent rise in price.
As of now, clearly bulls are having a firm grip on the market but as we have been mentioning since a week or so, they would find a bit difficult now going ahead
Here's why the analyst recommends accumulating Eicher Motors and Voltas, but to sell Zee Entertainment Futures
Century Textile and VIP Industries are the two stock recommendations by HDFC Securities
LIC Housing Finance seems to be trading near its multi-year strong demand zone, and charts also indicate formation of likely bottom around Rs 350-360 zone
Rossari Biotech has been in a secular uptrend and is placed well above all the major exponential moving averages on the daily charts
Nifty is expected to continue its uptrend and longs should be held on a trailing stop loss basis