Business Standard

Buy Canara Bank, Petronet, Lupin, says Chandan Taparia of MOSL

Here are a few trading ideas by Chandan Taparia, Derivatives and Technical Analyst & PFA at MOSL

Chandan Taparia  |  Mumbai 

Outlook: Nifty index made a small bearish candle similar to a Bearish Belt hold pattern on daily chart. It failed to hold 9160 but was finding support near to previous life time high of 9119. It partially filled a positive gap of 9106-9128, made on 16th March 2017. Now it has to hold above 9119 to witness an up move towards 9218 and 9250 while on the downside supports exist at 9075 and 9000 level. Stocks: CANARA BANK Reco: BUY Last Close: Rs 294 Stop Loss: Rs 289 Target: Rs 306 It has taken support near to Rs 289-290 and witnessing buying ...

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First Published: Tue, March 21 2017. 08:37 IST
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