- Buyable price level: Rs 1,208 – 1,214
- Suggested Target Price : Rs 1,400
- Stop Loss Level : 1,115 Rs
- Brokerage Firm : Bonanza Portfolio
- Positive Factor : Bullish Head & Shoulders pattern is visible on the daily chart of the stock. A positive factor is that the stock is above all important EMA levels. The RSI indicator is also showing good signs.
L&T Finance Holdings
- Buyable price level: Rs 136-137
- Suggested Target Price : Rs.154
- Stop Loss Level : 127 Rs
- Brokerage Firm : Bonanza Portfolio
- Positive factor: A bullish breakout pattern is evident on the stock’s monthly chart. The stock remains above important moving average (EMA) levels. A positive sign is shown on the Ichimoku cloud indicator.
GNFC
- Buyable price of the share: Rs.665
- Suggested Target Price : Rs.700
- Stop Loss Level : 642 Rs
- Brokerage Firm : LKP Securities
Pros: Strong return from breakout area. Bullish candles are indicative. Bullish signals are when the 20 EMA is above the level and the RSI indicator crosses the 62 level.
RVNL
- Buyable price level of the share: Rs.157
- Suggested Target Price : Rs.175
- Stop Loss Level : 150 Rs
- Brokerage Firm : LKP Securities
Positive Factor: The stock has returned to the bullish path from the strong support zone. The 50-DMA level has been crossed on the daily chart.
Indian Overseas Bank
- Buyable price of share : 41 Rs
- Suggested Target Price : Rs 50 – 58
- Stop Loss Level : 31 Rs
- Brokerage Firm : Manish Shah (SEBI Approved Adviser)
Pros: The stock has seen a significant correction, which recently advanced to Rs.50. It was also noticeable that the number of transactions decreased when the stock went down.
Sonata Software
- Buyable price level: Rs.1,178
- Suggested Target Price : Rs 1,350 – 1,450
- Stop Loss Level : Rs 1,070
- Brokerage Firm : Manish Shah (SEBI Approved Adviser)
Pros: The stock has been on a bullish path for the past three months. A bullish ‘higher high higher low’ pattern is evident. A stock that has advanced even in the face of a market correction, can perform well again if the market conditions improve.
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(Notice: The opinion and recommendation regarding the shares are shared by the brokerage firms on their own basis. The Internet Times is not responsible for this. Investing in the stock market is subject to the possibility of profit and loss. You can seek advice from SEBI approved stock experts before investing.)
