Osho Krishan expects bullish bias in Balrampur Chini, Dr.Reddy's, Whirlpool

According to the technical analyst from Anand Rathi, most technical indicators are in favour of the bullish bias for these three stocks

BUY BALRAMPUR CHINI MILLS LTD
TARGET: Rs 365
STOP LOSS: Rs 321

BALRAMCHIN has witnessed a consolidation breakout on the hourly chart in the last trading session that was backed by an increase in average traded volumes. In the recent period, the stock has bounced from its 200-DEMA and is currently hovering above its 21-DEMA suggesting a short-term uptrend in the counter. On the oscillator front, MACD has seen a golden crossover followed by the 14-period RSI that also suggests a bullish stance in the counter from the short-term perspective.

BUY DRREDDY
TARGET: Rs 5,050
STOP LOSS: Rs