Osho recommends Escorts, Godrej Properties. Time to buy and hold

Godrej Properties has witnessed an Inverted Head & Shoulder pattern breakout on daily chart post taking support near its long-term EMA, indicating bullish sentiment in the counter

BUY ESCORTS LTD | TARGET: Rs 1,300 | STOP LOSS: Rs 1,160

ESCORTS has come out of the consolidation phase in the last trading session, which was backed by an increase in average traded volumes, and managed to settle above its 200-DEMA on the daily time frame. At the same time, it has retraced over 50 per cent on the Fibonacci retracement from the recent fall and even on the Bollinger band (20, 2), it has decisively breached the upper band, indicating an early sign of expansion in the band.

BUY GODREJ PROPERTIES LTD | TARGET: Rs 1,500 | STOP LOSS: Rs