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CANBK - We have seen a sharp recovery in the counter with volume breakout and it took the support of 200 EMA on the hourly chart and closed near to days high. We recommend buying above 289 for the target of 294 with the stop loss of 284.
TONRTPHARM - Stock outperformed well with good volumes and closed near to days high. It has shown a good reversal in today's session. It took the support of trendline on the daily chart. It also closed above 200 EMA on the hourly chart. We recommend buying above 1875 for the target of 1895 with the stop loss of 1860.
ASIANPAINT - Stock was opened gap down and closed in the red. It has strong support on the daily chart. of a trend line. The RSI is also trading in the oversold zone on the hourly chart. We recommend buying above 1452 for the target of 1466 with the stop loss of 1440.
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Posted in: Indian Market Tips
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