RELINFRA – Stock has shown strength on the daily chart and closed in green. The RSI also took the support from the oversold zone. It also formed a Doji on the daily chart. We recommend buying above 123 for the target of 126 with the stop loss of 120.
INDIANB – After a few bearish trading sessions stock performed well and formed a hammer on the daily chart with good volumes. It has also trendline support on the daily chart. We recommend buying above 259 for the target of 262 with the stop loss of 256.
M&MFIN – Stock outperformed well but couldn’t close above the resistance level of 200 EMA and a trendline on the daily chart. We recommend selling around 436 with the stop loss of 440 for the target of 430
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