Global cues coupled with some inherent strength pushed up the index. Above 5375, next stop will be at 5450 levels before any good rally can happen. Weekly charts look strong and are adding strength on the indicators. Some stocks that are available for trades this week are in HDFCBANK and ADANIENT. To get entry, stop loss and targets for these trades write to admin@bravisatempletree.com
The week ahead is going to be challenging, some of our open positions in BEML and UNIONBANK are doing well. BEML is trading ex-dividend and has covered most of its risk with its trailing stop moving close to its entry price. UNIONBANK is gaining strength and is likely to release open risk on the trade.
Happy trading week, team BraViSa.
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