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Ajit Mishra identifies three stocks that are ready for a fresh up move

Coromandel International, HDFC Life Insurance Company and SAIL are the stocks that the technical analyst from Religare Broking is bullish on

Technical Analysis
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Technical Analysis

Ajit Mishra Mumbai
Coromandel International Limited
Recommendation: Buy
Last Close: Rs 827.05
Initiation range: Rs 820-830
Target: Rs 885
Stop loss: Rs 800

We're seeing noticeable traction in the fertilizer pack and Coromandel looks set to join the move now. It has been consolidating in a range while holding firmly above the support zone of long term moving average (200 EMA) and trading on the verge of a breakout. We thus recommend creating fresh longs in the mentioned zone.

HDFC Life Insurance Company Limited
Recommendation: Buy
Last Close: Rs 733.15
Initiation range: Rs 730-735
Target: Rs 765
Stop loss: Rs 718