Business Standard

BSE, M&M flash bullish signals on tech charts; stay long: Osho Krishan

On the daily time frame, the stock of BSE is on the verge of providing an 'Inverted Head & Shoulder' pattern breakout affirming the bullishness

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M&M has witnessed a sloping trend-line breakout

Osho Krishan Mumbai
BUY BSE LTD | TARGET: Rs 1,450 | STOP LOSS: Rs 1,130

BSE has seen a trend-line breakout in the last trading session on the back of robust volumes. And even the counter is in the cycle of "higher highs, higher lows", indicating immense inherent strength. On the daily time frame, the stock is on the verge of providing an ‘Inverted Head & Shoulder’ pattern breakout affirming the bullishness. Meanwhile, the stock is comfortably hovering above all the major exponential moving averages that make it a lucrative counter in the coming future.

BUY MAHINDRA & MAHINDRA LTD | TARGET: Rs 870 |

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