Mehul Kothari recommends to buy Astral, Voltas

The technical analyst from Anand Rathi recommends to keep a stop on Astral at Rs 1,860 and Voltas at Rs 815.

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Mehul Kothari Mumbai

1 min read Last Updated : Dec 02 2022 | 8:26 AM IST

BUY

Astral

Buy Near: Rs 1,920

Target: Rs 2,030

Stop Loss: Rs 1,860

Astral has been in a corrective mode since September 2022 and has cracked from the peak of Rs 2,650 towards Rs 1,900. Since last few weeks the stock has been consolidating and that indicates exhaustion in selling. We are witnessing multiple bottoms near Rs 1,860 mark along with a fresh breakout.

Thus, we advise traders to buy the stock near Rs 1,920 with a strict stop of Rs 1,860.

BUY

Voltas

Buy Near: Rs 840

Target: Rs 890

Stop Loss: Rs 815

Even Voltas has been in a strong corrective mode since many months. The stock seems to be

Topics : Buzzing stocks Market trends Market technicals stock market trading Voltas stocks technical analysis technical charts Stock Recommendations Trading strategies

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