Hi investors,
We have market topping out. It can break out but can't see any possible indicators of that. No major change. But some green shoots are there. But overall look at some positive trades to go by. Some even down beaten stocks for some upside.
Jai Corp:
Jai corp in on support. And is looking to go for upmove. Buy above 71.25 for a target of 79 to 87. With a stop loss of 77 for medium term.
LT finance holdings is not only a good long term buy but also looks good for medium term to short term. Seems to be breaking Wedge. But I would wait till it breaks it successfully. It has a habit of going back. If breaks with good volumes along with RSI breakout. We can buy for a target of 78 to 84.
Sintex Industries:
Sintex industries have been recommended by me many times. Again it is resting on 200 moving average. If it doesn't break out below it can buy for upside till 40. Stop loss is one point below it which can be assumed at 30-29. Good risk profit ratio.
Tata global beverage:
TGB Looks to be on upmove as said last time to checkout. You can buy it for target of 160.
Wipro seems to be making new highs without any problem. And what we can see here is a hammer formation. Shows buyers are available in market. Volume is convincing. People can take risk considering no other industry is showing better profits than IT. But WIPRO is a weakest among top IT so beware on that front too.
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