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Three stock ideas by Osho Krishan of Anand Rathi: Buy Crompton, Emami

Voltas stock is consolidating near the neckline of the Inverted Head & Shoulder pattern on the daily time frame and is expected to rebound from here onwards

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Osho Krishan Mumbai
BUY CROMPTON | TARGET: Rs 442 | STOP LOSS: Rs 392

The stock has re-tested the recent consolidation range breakout zone and bounced from the same, suggesting it to be a strong support. At the current juncture, the stock is comfortably placed above all its major moving averages, indicating inherent strength. Even on the daily time frame, the mean of the Bollinger band has provided a strong support base, affirming the bullish stance in the counter from short to medium-term time frame.

BUY EMAMI | TARGET: Rs 590 | STOP LOSS: Rs 524

The stock is in