DIWALI PICKS

FUTURE:

BUY BHEL ABOVE 194 TGT 198/200/205 SL 190

The stock is showing correction since past few sessions.Currently it has formed reversal pattern on the short term charts and trading below the resistance level of 200.Breakout of its resistance level may show recovery in it where traders can expect targets of 205 and 215 while major support of 190 can be placed as technical stop loss.

BUY APOLLOTYRE ABOVE 160 TGT 163/166/169 SL 155

After giving breakout of its range bound movement, it is forming continuation pattern in short term charts, it is likely to continue the positive movement with the breakout of the pattern at the levels of 162, one may expect the targets of 170,180 in the stock if it manages to sustain above the immediate support level of 155.

BUY BHARTIARTL ABOVE 340 TGT 345/350/360 SL 330

It is expected to continue the bull run with the crossing of the resistance level of 341, as One may initiate the long position above the mentioned level for the targets of 360,370 and with the strict stop loss of 330.

BUY SUNPHARMA ABOVE 810 TGT 820/830/840 SL 799

After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 810.One may get the targets of 830,850 in the stock with the stop loss of 779.