BUY
NLC India
Buy Near: Rs 89
Target: Rs 100
Stop Loss: Rs 83
The stock NLC INDIA has made an attempt for a multiyear breakout above Rs 90 mark. Once the stock starts sustaining above Rs 90 level on a closing basis then we might witness a fresh bull run in the stock. Even from a trading perspective the stock looks lucrative.
Thus, we advise traders to buy the stock near Rs 89 with a strict stop of Rs 83.
BUY
DLF
Buy Above: Rs 418.50
Target: Rs 435
Stop Loss: Rs 410
The realty giant DLF has confirmed a major breakout above Rs 413 mark. The price action resembles a bullish Cup and Handle pattern. Thus, we expect positive momentum in the stock during the coming sessions.
Hence, we advise traders to buy the stock above Rs 418.50 with a strict stop of Rs 410.
(Mehul Kothari – AVP – Technical Research, Anand Rathi Shares & Stock Brokers. Views are personal).
Note:- (Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor. The content is auto-generated from a syndicated feed.))
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