Buy Bajaj Auto, Wipro, Mundra Port Sept Future: SMC Global
According to SMC Global, traders can buy Bajaj Auto, Wipro and Mundra Port Sept Futures for target of Rs 1615, Rs 353 and Rs 143 respectively.
September 19, 2011 / 15:47 IST
According to SMC Global, traders can buy Bajaj Auto, Wipro and Mundra Port Sept Futures for target of Rs 1615, Rs 353 and Rs 143 respectively.
BAJAJ-AUTO View: Bullish C.M.P: 1632.25
On daily chart after taking the support around of 20-days moving average stock bounce back.
Momentum oscillators are neutral to positive.
We recommend to:
Buy Sep. Fut. Around: 1630.00
Stop Loss: 1615.00
Target: 1660.00
Lot size: 250WIPRO View: Bullish C.M.P: 343.30
On daily chart the stock made a bull candle with rise in volume and close to its range resistance.
We recommend to:
Buy Sep. Fut. Above: 345.00
Stop Loss: 342.00
Target: 353.00
Lot size: 500MUNDRAPORT View: Bearish C.M.P: 149.80
On daily chart the stock is showing weakness against the market. Momentum oscillators are neutral to negative.
We recommend to:
Sell Sep. Fut. Below: 148.00
Stop Loss: 150.00
Target: 143.00
Lot size: 2000Shares held by Insurance CompaniesDisclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.To read the full report click on the attachment 
Read More
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
