Bank of Baroda Ltp : - 280.20Bank of Baroda has been moving in an extremelynarrow trading range between Rs.263.55 and Rs.305. Itappears to have bottomed, at least for the short term.At the current price of Rs.280.20, it is trading in 4EZONE i.e. all the averages are in BEAR PHASE andthe current price is placed below all the averages. Highrisk traders can buy in the range of Rs.272-277 with astop loss below Rs.267 in close for a conservativeupper target of Rs.298 and an optimistic uppertarget of Rs .306. Holding period can be 8-10 days.
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Hcl Tech Ltp :- 237.25HCL Tech, after improving from a low of Rs.232 to ahigh of Rs.294.85, has reacted almost to the same levelat Rs.236.50. At the current price of Rs.237.25 it istrading in 4E ZONE i.e. all the averages are in BEARPHASE and the current price is placed below all theaverages. High risk traders can buy in the range ofRs.231-236 with a stop loss below Rs.226 in close fora conservative upper target of Rs.260 and anoptimistic upper target of Rs.268. Holding periodcan be 8-10 days.
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M & M Ltp :- 402.50M&M, after improving from a low of Rs.570 to ahigh of Rs.715 has reacted to a level of Rs.597.25.At the current price of Rs.402.50, it is trading in 4EZONE i.e. all the averages are in BEAR PHASEand the current price is placed below all theaverages. High risk traders can buy in the range ofRs.585-595 with a stop loss below Rs.575 in closefor a conservative upper target of Rs.645 and anoptimistic upper target of Rs .660. Holding periodcan be 8-10 days
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Maruti Ltp :- 743Maruti, after improving from a low of Rs.752.20to a high of Rs.936 has reacted to a further lowerlevel of Rs.941.10. At the current price of Rs. 743, itis trading in 4E ZONE i.e. all the averages are inBEAR PHASE and the current price is placedbelow all the averages. High risk traders can buy inthe range of Rs.725-735 with a stop loss belowRs.715 in close for a conservative upper target ofRs.785 and an optimistic upper target of Rs.805.Holding period can be 8-10 days.
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