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Here are a few trading ideas by Chandan Taparia, Derivatives and Technical Analyst & PFA at MOSL:
Stocks:
INDIAN OIL CORP
Reco: BUY
Last Close: Rs 387
Stop Loss: Rs 376
Target: Rs 410
It has been holding the gains above 376-379 zone from last four trading session. Recently it formed a triangle pattern on daily chart and breakout of the pattern is intact with long accumulation. Thus, recommending to buy with the trading stop loss of 376 for a potential upside target of 410.
JSW STEEL
Reco: BUY
Last Close: Rs 204
Stop Loss: Rs
Stocks:
INDIAN OIL CORP
Reco: BUY
Last Close: Rs 387
Stop Loss: Rs 376
Target: Rs 410
It has been holding the gains above 376-379 zone from last four trading session. Recently it formed a triangle pattern on daily chart and breakout of the pattern is intact with long accumulation. Thus, recommending to buy with the trading stop loss of 376 for a potential upside target of 410.
JSW STEEL
Reco: BUY
Last Close: Rs 204
Stop Loss: Rs
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