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Bajaj Finance, SBI, Inox Green: Trading strategies for stocks in news

Among the stocks in focus on Monday, Shree Renuka Sugars looks strong on charts, while Inox Green Energy seems weak.

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Rex Cano Mumbai

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Among individual stocks, Bajaj Finance, Dixon Technologies, Inox Green Energy, SBI and Shree Renuka Sugars are likely to be in focus owing to the current news flow at these counters.

While SBI has raised Rs 10,000 crore through infra bonds, Bajaj Finance board will meet on October 05 to consider QIP issue. Inox Green Energy and Shree Renuka are on a acquisition drive, while uncertainty with regards to the laptops, PCs import licensing decision by the government have kept traders active at the Dixon Technologies counter.

Given this background, here are the key support and resistance levels for these five stocks on