BUY SBI CARDS | CMP: Rs 806.90 | Target: Rs 900 | Stop Loss: Rs 740
The stock has taken support near 770 levels to make a double bottom formation pattern in the daily chart and has picked up momentum to improve the bias. We anticipate a fresh upward move in the coming days as the RSI indicator is well placed, indicating strength with the chart looking good. We suggest to buy and accumulate this stock for an upside target of Rs 900, keeping the stop loss of Rs 740.
BUY GSPL | CMP: Rs 198.50 | Target: Rs 220-225 | Stop Loss: Rs 182
The stock has picked up momentum and is in the rising trend maintaining a positive bias