One can buy into this counter in anticipation of a breakout above Rs 20,000.
Mazhar MohammadAfter the recent upmove from the lows of Rs 18,300-20,000, Bosch appears to be moving in an Rs 800-point range between Rs 20,000-19,200
range for almost last 17 sessions.Hence, one can buy into this counter in anticipation of a breakout above Rs 20,000. In that scenario, the initial target can be placed at Rs
20,500 levels. A stop suggested for the trade is a close below Rs 19,150.