MUMBAI:
The Indian markets are witnessing a choppy session as bulls took a breather after two-day upmove. Gains in technology, capital goods and realty were offset by losses in metals, oil & gas and FMCG sectors. Analysts are of the view that benchmarks are likely to tread in a range ahead of the RBI policy meeting on March 19.
At 01:00 p.m. the Sensex was at 19,237.28, down 15.33 points or 0.08 per cent. It touched a high of 19,275.61 and a low of 19,212.92 in trade today.
The Nifty was at 5,808.35, down 10.25 points or 0.18 per cent. It touched a high of 5,820.55 and a low of 5,801.30 in trade today.
Following are technical views hot midcap counters on share bazaar fundamental.
Uttam Galva Steel: The stock gapped up today and is sustaining on higher than average volumes. Buy it around Rs 75.85 with stoploss of Rs 68 for a target of Rs 91.
Ashapura Minechem: It has reversed and bounced back sharply after correcting to its 200 dma. Buy the stock around Rs 38.8 with stoploss of Rs 35 for a target of Rs 47.
Surya Roshni: After correcting to its good support which is at Rs 68, it has started its uptrend. Buy it around Rs 74.45 with stoploss of Rs 67 for a target of Rs 89.
Somany Ceramics: The stock is coming out of correction and recently tested its 200 dma. Buy near Rs 72.05 with stoploss of Rs 65 for a target of Rs 86.
The Indian markets are witnessing a choppy session as bulls took a breather after two-day upmove. Gains in technology, capital goods and realty were offset by losses in metals, oil & gas and FMCG sectors. Analysts are of the view that benchmarks are likely to tread in a range ahead of the RBI policy meeting on March 19.
At 01:00 p.m. the Sensex was at 19,237.28, down 15.33 points or 0.08 per cent. It touched a high of 19,275.61 and a low of 19,212.92 in trade today.
The Nifty was at 5,808.35, down 10.25 points or 0.18 per cent. It touched a high of 5,820.55 and a low of 5,801.30 in trade today.
Following are technical views hot midcap counters on share bazaar fundamental.
Uttam Galva Steel: The stock gapped up today and is sustaining on higher than average volumes. Buy it around Rs 75.85 with stoploss of Rs 68 for a target of Rs 91.
Ashapura Minechem: It has reversed and bounced back sharply after correcting to its 200 dma. Buy the stock around Rs 38.8 with stoploss of Rs 35 for a target of Rs 47.
Surya Roshni: After correcting to its good support which is at Rs 68, it has started its uptrend. Buy it around Rs 74.45 with stoploss of Rs 67 for a target of Rs 89.
Somany Ceramics: The stock is coming out of correction and recently tested its 200 dma. Buy near Rs 72.05 with stoploss of Rs 65 for a target of Rs 86.
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