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: 1632.25On 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: 250 WIPRO 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: 500 MUNDRAPORT 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: 2000 Shares held by Insurance Companies Disclaimer: 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
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