 "Stock markets, Indian stocks")
Top trading ideas by Religare Broking:
Can Fin Homes Limited (CANFINHOME)
Rec: BUY
Last Close: Rs 345.30
Initiation range: Rs 344-346
Target: Rs 368
Stop loss: Rs 332
CANFINHOME has retraced considerably from the top and reached closer to its long term support of 200 EMA on weekly chart. It penetrated the same for brief but make equally sharp recovery of late. Now, the chart pattern combined with positioning of indicators is pointing towards strong rebound ahead. We advise traders to create fresh long in the given range.
Dabur India Limited
Rec: BUY
Last Close: Rs 373.70
Initiation range: Rs 370-372
Target: Rs 385
Stop loss: Rs 365
DABUR, after making a new record
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