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Hanung Toys & Textiles Ltd (HANTOY)
Technical – BUY
Stock had bounced back multiple times from its 20 DEMA indicating immediate support for the stock in
medium term. Further, rising trend line support for the stock is placed at ` 353. Oscillators on daily and
weekly charts trading in neutral mode but with positive bias.
Buying is recommended at CMP of ` 362 with target of ` 400 and stop loss of ` 339 (closing basis)
Bank of Baroda (BANBAR)
Technical – BUY
Stock had generated “flag pattern” breakout on its daily chart along with good volumes. Oscillator on daily
and weekly charts continued its uptrend indicating positive momentum to continue in the counter.
Oscillator on daily and weekly chart continued its uptrend.
Buying is recommended at CMP of ` 1014 with target of ` 1100 and stop loss of ` 967 (closing basis)
SREI Infrastructure Finance Ltd (SREINF)
Technical – BUY
Stock had been in continues uptrend since March 2010 which is depicted by “Higher top and Higher
bottom” on its monthly daily chart. It had broken out its key resistance of 126.50 along with huge volume.
Oscillator on weekly and daily chart continued its uptrend indicating upside momentum to continue in the
counter.
Buying is recommended at CMP of ` 132 with target of ` 160 and stop loss of ` 122.
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