BUY NIPPON LIFE INDIA | TARGET: Rs 394 | STOP LOSS: Rs 350
The stock is in a secular uptrend and is comfortably hovering above its 21 DEMA on the daily chart, suggesting its inherent strength. Also on the technical parameters, the stock has recoiled from the recent consolidation zone near 50 DEMA and is now placed near the mean of the Bollinger band (20, 2). Even the 14-period RSI is indicating positive crossover along with the MACD, affirming that the overall bullish sentiment is likely to remain intact in the counter.
BUY TATA COFFEE | TARGET: Rs
The stock is in a secular uptrend and is comfortably hovering above its 21 DEMA on the daily chart, suggesting its inherent strength. Also on the technical parameters, the stock has recoiled from the recent consolidation zone near 50 DEMA and is now placed near the mean of the Bollinger band (20, 2). Even the 14-period RSI is indicating positive crossover along with the MACD, affirming that the overall bullish sentiment is likely to remain intact in the counter.
BUY TATA COFFEE | TARGET: Rs