In CNBC-TV18's popular show Bull's Eye, Meghana V Malkan of malkansview.com shares trading strategy of the day.Dish TV formed a bullish candle pattern right at support level which is around Rs 102-103 levels. Momentum in intraday charts are in the bullish zone. Therefore a buy call with a stop loss of Rs 103 for a target of Rs 114.NIIT is forming higher-tops and higher-bottoms on daily charts. On weekly and monthly chart the momentum is in the bullish zone. Hence a buy call with stop loss of Rs 92 for a target of Rs 110.Tata Chemicals showed good strength on Friday’s trading session with good volumes on the buying side. Momentum indicators and weekly chart are the respective support zone. Therefore a buy call with stop loss of Rs 409 for a target of Rs 442.
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