Category: Positional Tps

Short Term Investment Asian Paint Cash 30Sep2020 Buy between (1910 -1950) Stop loss ( 1881) Target (2069) Current Market Close Price (1959.95) Before Placing the Order, Kindly Consult your Authorized financial Adviser.

Apollo Hspt Current Market Close Price as on 17sep2020 Rs.1777.10 Target Price Rs.1970 Time Frame One Year Recommended by ICICI Securities

Power Grid Current Market Close Price as on 17sep2020 Rs.168.30 Target Price Rs.223 Time Frame One Year Recommended by Motilal Oswal Securities Ltd.

On monthly basis, the stock is forming lower low since 2018 when it was at Rs 794.45. After hitting the panic low at Rs 342, it bounced back sharply in corrective manner and completed pattern at Rs 444. Such patterns generally resumes weakness and push the stock to previous lowest levels https://economictimes.indiatimes.com/

On weekly basis, the stock closed below the support of last 10 years. Since October 2009, the stock has never looked back after crossing the level Rs 92. Break of major supports invites either negative news flow or selling pressure from long term investors, which would be negative indication for the stock https://economictimes.indiatimes.com/

After finding support around Rs 620, stock recovered sharply and tested Rs 730 in short span of time. Thereafter, it is consolidating in narrow range and forming a “Bull Flag” pattern on weekly charts, which is bullish in nature. Despite the fall in the broader indices, stock ended with marginal gains along with the high […]

On monthly basis, the stock is forming symmetrical triangle, which is an indication of bullish consolidation. At present, the stock is heading for hitting upward boundary of the triangle which is at Rs 800 plus. However, we cannot expect vertical up move and strategy should be to buy at major supports. https://economictimes.indiatimes.com/