Vishal Malkan of malkansview.com recommends buying Divis Laboratories with a target of Rs 1625 and Titan Company with a target of Rs 395.
In CNBC-TV18's popular show Bull's Eye, Vishal Malkan of malkansview.com shares his trading strategies for the day.
One can pick Tata Chemicals . It has been trading above the resistance of Rs 370, since last one full week building momentum on daily as well as weekly charts.
One can pick India Cements . After making a high of Rs 118, it has retraced to an important support of Rs 108-109 forming bullish patterns on intraday charts. Hence I recommend a buy with a stoploss of Rs 105 for targets of Rs 115.
One can pick Titan Company . After a sharp move last week it has been consolidating in the last couple of trading sessions. Still the momentum is into the bullish zone. Hence I recommend a buy with a stoploss of Rs 355 for targets of Rs 395.
One can pick Divis Laboratories which I am carrying from yesterday. All pharmaceutical stocks have been performing in the last couple of weeks. Divis Laboratories is making a new high, higher top and higher bottom. Hence I recommend a buy with a stoploss of Rs 1,560 and targets of Rs 1,625.
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