SAMVAT 2082

Holding Period: 12 months

				Sector	CMP	Average	Stop Loss	Target
				METAL	2590	2480	2378	3078

The stock has been of the preferred pick in the Metal & Mining space. The stock is trading above the 21, 50 and 100 DMA on the daily charts and is expected to gather momentum after the recent consolidation. The stock is expected to remain in the bullish zones in the coming months as well as per the current technical structure. The stock is expected to remain in the bullish zones in the coming months as well as per the current technical structure. The technical structure seems to be well poised to test 2900-3000 plus levels in the coming few quarters and may outperform the broader markets in long run.

we recommend investors to enter the stock at the current levels for the above-mentioned targets keeping in place the stop loss given in the aforesaid data. The counter is expected to achieve the targets in the next few quarters.

Holding Period: 12 months

					Sector	CMP	Average	Stop Loss	Target
					PAINTS	2335	2245	2156	2934

The Paint giant ASIANPAINT’s stock price is also in the good uptrend on the technical charts. The stock is trading around the cluster averages of 21, 50 and 100 DMA on the daily charts and is expected to gather momentum after the recent consolidation. In the long-term charts, the share after a strong up move has been in a consolidation mode from past few weeks and is now showing early signs of reversal from the crucial supports. The volumes in the recent consolidation have been very good indicating the stock is all set to move higher towards the targeted levels.

The stock has been in the consolidative mode and have given breakout on the daily charts which indicates strong hands are accumulating the stock at current levels, which enhance the confidence over the stock.

Holding Period: 12 months

					Sector	CMP	Average	Stop Loss	Target
					BANKING	1159	1084	1053	1378

AXISBANK is one of our preferred stocks in the banking space and have recently gained good traction from the lower zones. The price is on the verge of breakout on the charts with strong volume actions in the recent past. The Bollinger Band (20,2) is showing bullish price expansion on the daily charts with overall volatility burst observed on the daily and weekly charts. On the other hand, the BFSI sector is looking very strong on the charts and may decline will be good buying opportunity for long term investors.

The recent development in the stock suggests that the stock is well placed to take a fresh uphove in the coming months and long term investors may accumulate the stock from current zones.

Holding Period: 12 months

					Sector	CMP	Average	Stop Loss	Target
					BANKING	259	243	236	305

The stock is in the higher highs and higher lows cycle and is on the verge of breakout above the recent resistance levels on the daily charts. The stock is in the higher highs and higher lows cycle and is on the verge of breakout above the recent resistance levels on the daily charts. Among the leading indicators, Parabolic SAR and Heiken candlesticks indicate positive trend in daily chart as well as weekly chart. The Monthly as well as weekly charts are more convincing for a new up move with significant volume participation witnessed in the days gone by, indicating the stock is being accumulated by stronger hands on every dip.

The has been in the secular bull run from past few months and have given massive run on the daily charts in the last few months and is expected to continue the same for next few quarters. Long term investors may enter the stock from current zones

Holding Period: 12 months

					Sector	CMP	Average	Stop Loss	Target
					DEFENCE	4803	4534	4322	5645

The stock is in the higher highs and higher lows cycle and is on the verge of breakout above the recent resistance levels on the daily charts. The stock is in the higher highs and higher lows cycle and is on the verge of breakout above the recent resistance levels on the daily charts. Among the leading indicators, Parabolic SAR and Heiken candlesticks indicate positive trend in daily chart as well as weekly chart. The Monthly as well as weekly charts are more convincing for a new up move with significant volume participation witnessed in the days gone by, indicating the stock is being accumulated by stronger hands on every dip.

The defence theme is the flavour of the year and is expected to continue from the current zones as well and long term investors may bet on this stock for next 3-4 quarters.

Holding Period: 12 months

					Sector	CMP	Average	Stop Loss	Target
					OIL & GAS	149.5	139	135	175

IOC has given strong consolidation breakout from the lower levels on the daily charts and is coupled with good trading volumes indicating positive momentum likely to continue in the medium-term period. The stock on daily, weekly and monthly charts is looking strong, also the stock is very well placed and trading above its moving averages of 200 DMA on daily charts. Holding our bullish view in the stock, we expect that the up move in the stock will remain intact and price is well placed to take it up move for upside target of 170 plus levels.

The counter has now crossed above its 20, 50, 100 and 200 DEMA on daily charts, indicating the strength in the stock. Long term traders should start accumulating the stock from current zones.

Holding Period: 12 months

					Sector	CMP	Average	Stop Loss	Target
					BFSI	300	282	269	373

The stock has been in a strong uptrend from the past few months, consistently making higher highs and higher lows while at the same time respecting the major moving averages to take support for fresh breakouts. The MACD indicator has managed to hold above the zero level from the past few months in positive and negative crossovers which shows that the share has managed to continue its uptrend even with occasional pullbacks. The volume chart indicates that share has moved up steadily on strong volumes which adds to our conviction in this counter.

The counter has now crossed above its 20, 50, 100 and 200 DEMA on daily charts, indicating the strength in the stock with overall trend on the higher side on the long term trends.

Holding Period: 12 months

					Sector	CMP	Average	Stop Loss	Target
					INFRA	3670	3422	3334	4245

In the long-term charts, the share after a strong up move has been in a consolidation mode from past few weeks and is now showing early signs of reversal from the crucial supports. The share price in the consolidation phase has been respecting the major EMA’s on weekly basis which shows that the broad bullish trend being intact on a longer time frame. Among the leading indicators, Parabolic SAR and Heiken candlesticks indicate positive trend in daily chart as well as weekly chart. The stock price has managed to move above all the crucial moving averages of 20, 50, and 200 on a daily time frame.

The recent development in the stock suggests that the stock is well placed to take it up move. Holding our bullish view in the stock and expecting that up move in the stock will remain intact.

Holding Period: 12 months

					Sector	CMP	Average	Stop Loss	Target
					PHARMA	1981	1878	1798	2284

The share price has been in strong uptrend from the last few months and is now showing early signs of fresh breakout and a new bullish trend formation. The Bollinger Bands were in tight consolidation from past few sessions and are now indicating of strong up move that can be seen in this counter. Considering all the above data, we recommend traders to enter the stock at the current levels for the above-mentioned targets keeping in place the stop loss given in the aforesaid data. The counter is expected to achieve the targets in the next few quarters.

The stock has been in the secular bull run from past few months and have given massive run on the daily charts in the last few months and is expected to continue the same.

Holding Period: 12 months

					Sector	CMP	Average	Stop Loss	Target
					AUTO	718	668	641	894

The stock has been major underperformer in the recent past but have given price volume consolidation at the lower levels indicating positive momentum in the coming days can be expected. On the weekly charts the stock is well placed near to its long-term moving averages indicating potential massive breakout on the higher side. The stock is also looking promising on the technical charts and may remain the preferred pick for the market participants in the coming weeks ahead of the volatile times.

The recent development in the stock suggests that the stock is well placed to take a fresh uphove in the coming months after the recent correction in the counter from the higher levels.