BUY NIFTY:
TARGET: 11,850
STOP LOSS: 11,620
The Nifty closed in the positive territory in the last trading session and with that it is expected to move towards the upper end of the range. The daily momentum indicator, however, is still in the 'sell' mode which may make the Index trade within the range of 11,550-11,850 levels. However, the trend prior to this breakout was up, hence the breakout is likely to be on the upside.
BUY ICICIPRULI
TARGET: Rs 390
STOP LOSS: 358
The stock has provided a breakout from the symmetrical triangular pattern and it has managed to close