 "The stock of Schneider Electric has corrected well from the peak levels and now consolidating")
BUY ESCORTS | CMP: Rs 1,267 | Target: Rs 1,420-1,450 | Stop Loss: Rs 1,200
The stock has witnessed a decent correction, bottoming out near the trendline support zone of 1200 level. The trend is currently indicating a trend reversal to improve the bias. The chart looks attractive with the RSI also improving the bias and indicating a trend reversal to signal a buy. We suggest to buy and accumulate this stock for an upside target of 1,400-1,450 keeping the stop loss of 1,180.
BUY SCHNEIDER ELECT | CMP: Rs 96.50 | Target: Rs 114-120 | Stop Loss: Rs 90
The
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