Home / Markets / News / Mehul Kothari recommends Buy on CSB Bank, Dhanuka Agritech; Check Why

Mehul Kothari recommends Buy on CSB Bank, Dhanuka Agritech; Check Why

According to the technical analyst from Anand Rathi, CSB Bank can rally to Rs 240, while Dhanuka can surge to Rs 790.

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Mehul Kothari Mumbai

1 min read Last Updated : Sep 06 2022 | 7:36 AM IST

BUY

CSB BANK

Buy Near: Rs 220

Target: Rs 240

Stop Loss: RS 210

Since the past few sessions, banking stocks are doing well and recently CSB BANK confirmed a range breakout above Rs 220 mark. The price action was supported with decent volumes and the stock has managed to close above the 200-day moving average. Even the daily RSI has managed to break previous swing.

Thus, we advise traders to buy the stock near Rs 220 for a target of Rs 240 in the coming sessions.

BUY

DHANUKA AGRITECH

Buy Near: Rs 730

Target: Rs 790

Stop Loss: Rs 700

Since November 2021, DHANUKA has been trading sideways to slightly negative.

Topics : CSB Bank Dhanuka Agritech Market technicals stock market trading Trading strategies stocks technical analysis technical charts Stocks to buy

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