BUY HEMISPHERE PROPERTIES INDIA | TARGET: Rs 170 | STOP LOSS: Rs 148
There has been a gradual increase in trading volumes in the stock over the past couple of trading sessions. The stock recently witnessed a ‘sloping trend-line' breakout, affirming inherent strength. The 14 period RSI has seen positive crossover and is headed northwards. Further, recent chart structure on the Bollinger band suggests near term outburst in the channel, confrming bullish stance in the counter.
BUY PRISM JOHNSON | TARGET: Rs 152 | STOP LOSS: Rs 127
Prism Johnson has been consolidating since the last few sessions. Although, it has been able