Some charts which look interesting in the near term.
Disclosure – Some stocks would have been recommended to clients and some maybe in near future. Please do your own research and read the disclaimer and disclosure.
EXIDE INDS - A bunch of resistances
at 195-205. Crossing could give a
move to 240. Stops at 190-192
BANK OF BARODA ---- Multiple Resistances
at 103-105.
Would be a breakout if sustains 105.
Head up to 120-135?
BIRLA SOFT --Good price volumes recently.
Can see a strong upmove above 75 to 100.
Stoploss at 65
DELTA CORP --- Major breakout whenever it can
cross and sustain 210-215
Indiabulls Housing - Last two tops at 260-264.
Crossing and sustaining can even give a
move to 350-400. 230 could be stop
L&T Finance Holdings - On verge of a breakout
above 103-105. Upside to 120-135.
Stop at 99
Lupin
A lot of pharma stocks look interesting and the index as well – See this tweet -
#NiftyPharma knocking at major resistance. Will it be able to cross. Time to look for price action closely for next few weeks. #Sunpharma, #drreddy, #divis pic.twitter.com/GA4GFbgwas
— Nooresh Merani (@nooreshtech) November 20, 2019
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