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Monday, December 23, 2024 | 02:07 PM ISTEN Hindi

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3 stocks Osho Krishan of Anand Rathi is bullish on: Buy Tata Coffee, Trent

Tata Coffee witnessed a consolidation breakout on the back of an increase in average trading volumes in the last trading session, suggesting a positive outlook

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Osho Krishan Mumbai
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

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