 "Trading calls from Nirmal Bang: Buy Titan, UPL, Triveni Turbine")
TITAN: BUY
Target: Rs 364
Stop Loss: Rs 338
Buy above Rs 347 with Stop Loss at Rs 338 & target Rs 364. Daily chart suggests that the stock has given the breakout of the downward sloping trendline. Also the fact that the stock is trading above all the important averages. RSI is showing positive crossover.
UPL: BUY
Target: Rs 480
Stop Loss: Rs 450
Buy above Rs 462 with Stop Loss at Rs 450 & target Rs 480. The short term moving averages have converged and are placed with buy signals. On the oscillator front, RSI is placed with a positive signal in the Intraday 60mins chart.
TRIVENI TURBINE: BUY
Target: Rs 128
Stop Loss: Rs 106
Buy above Rs 114 with Stop Loss at Rs 106 & target Rs 128. Daily chart indicates that stock is given the symmetrical triangle breakout i.e. Rs 110 with good volumes indicates positive view. Momentum indicators such as RSI is showing a positive crossover indicates strength.
Disclaimer:
Nirmal Bang Securities Private Limited (hereinafter referred to as “NBSPL ")is a registered Member of National Stock Exchange of India Limited, Bombay Stock Exchange Limited and MCX stock Exchange Limited. NBSPL is in the process of making an application with SEBI for registering as a Research Entity in terms of SEBI (Research Analyst) Regulations, 2014.NBSPL or its associates including its relatives/analyst do not hold any financial interest/beneficial ownership of more than 1% in the company covered by Analyst (in case any financial interest is held kindly disclose)NBSPL or its associates/analyst has not received any compensation from the company covered by Analyst during the past twelve months. NBSPL /analyst has not served as an officer, director or employee of company covered by Analyst and has not been engaged in market making activity of the company covered by Analyst. The views expressed are based solely on information available publicly and believed to be true. Investors are advised to independently evaluate the market conditions/risks involved before making any investment decision. Please read Risk Disclosure Doc before Investing.
Vikas S. Salunkhe is a Sr. Technical Research Analyst with Nirmal Bang
Target: Rs 364
Stop Loss: Rs 338
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Buy above Rs 347 with Stop Loss at Rs 338 & target Rs 364. Daily chart suggests that the stock has given the breakout of the downward sloping trendline. Also the fact that the stock is trading above all the important averages. RSI is showing positive crossover.
UPL: BUY
Target: Rs 480
Stop Loss: Rs 450
Buy above Rs 462 with Stop Loss at Rs 450 & target Rs 480. The short term moving averages have converged and are placed with buy signals. On the oscillator front, RSI is placed with a positive signal in the Intraday 60mins chart.
TRIVENI TURBINE: BUY
Target: Rs 128
Stop Loss: Rs 106
Buy above Rs 114 with Stop Loss at Rs 106 & target Rs 128. Daily chart indicates that stock is given the symmetrical triangle breakout i.e. Rs 110 with good volumes indicates positive view. Momentum indicators such as RSI is showing a positive crossover indicates strength.
Disclaimer:
Nirmal Bang Securities Private Limited (hereinafter referred to as “NBSPL ")is a registered Member of National Stock Exchange of India Limited, Bombay Stock Exchange Limited and MCX stock Exchange Limited. NBSPL is in the process of making an application with SEBI for registering as a Research Entity in terms of SEBI (Research Analyst) Regulations, 2014.NBSPL or its associates including its relatives/analyst do not hold any financial interest/beneficial ownership of more than 1% in the company covered by Analyst (in case any financial interest is held kindly disclose)NBSPL or its associates/analyst has not received any compensation from the company covered by Analyst during the past twelve months. NBSPL /analyst has not served as an officer, director or employee of company covered by Analyst and has not been engaged in market making activity of the company covered by Analyst. The views expressed are based solely on information available publicly and believed to be true. Investors are advised to independently evaluate the market conditions/risks involved before making any investment decision. Please read Risk Disclosure Doc before Investing.
Vikas S. Salunkhe is a Sr. Technical Research Analyst with Nirmal Bang