 "Brokers trade at their computer terminals at a stock brokerage firm in Mumbai. Photo: Reuters")
Tech Mahindra
Recommendation: Buy
Last Close: Rs 798.10
Initiation range: Rs 792-796
Target: Rs 820
Stop loss: Rs 784
After scaling a record high of Rs 840 apiece in February 2019, the stock has witnessed marginal profit-booking and touched the support zone around Rs 770. It has spent almost a month now in a consolidation range and looks all set for a fresh surge. Its chart formation combined with positivity in IT pack is adding to the positivity. We advise initiating fresh longs in the given range.
Century Textiles & Industries
Recommendation: Buy
Last Close: Rs 929.35
Initiation range: Rs
