WEEKLY STOCKS ANALYSIS episode - 2

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ADANI PORTS -
1) ADANI PORTS looks weak below 730 levels.

2) One can take a short position till expiry for good profits.

3) Downside levels are 807 / 786 & might even slip to 740 levels till expiry.




MAHINDRA & MAHINDRA -
1) M&M is @ consolidation zone, the more consolidation the bigger move will be seen in upcoming days.

2) M&M looks bullish above 824 levels.

3) M&M upper targets will be 850 / 876 levels.

4) For 1000 target one can hold till August month.

5) M&M rising sales seen due to good monsoon this year.

6) MY VIEWS BUY ON EVERY DIPS & HOLD FOR BIGGER TARGETS.




LUPIN -
1) PHARMA SECTORS looks bullish for the upcoming week.

2) LUPIN is also in the consolidation zone.

3) Above 1269 will zoom upside with 1300 & 1313 targets.




SUNPHARMA -
1) Now the time for SUNPHARMA to rally.

2) SUNPHARMA was trading in a sideways zone the past few days.

3) SUNPHARMA will be bullish above 687 levels.

4) Upper targets will be 695 / 710 / 717 / 730 & even move further till 777 levels.

5) PHARMA SECTOR looks bullish.




TATA STEEL -
1) TATA STEEL has given a breakout technically.

2) TATA STEEL looks bullish only above 1165, which can move for upper targets till 1181 / 1212 / 1300 levels.

3) STEEL SECTOR looks bullish can even look for buy-in JSW STEEL also.




BHARTIARTL -
1) BHARTIARTL is cooking something for an upside move.

2) Technically has formed an asymmetrical triangle.

3) Above 551, can move till upper 570 / 575 / 585 levels.

4) Time for MITTAL SAAB to ROCK.





DISCLAIMER: The above chart analysis is for educational purpose.


-REGARDS-
Kirthee Bane




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