Your stocks: Top chart picks by market experts

From a short-term point of view MphasiS is hold but from a longer term point of view it has gone nowhere. The outlook is non directional. There is nothing negative either but we would need something substantial to happen on the upside. As of now stock is a hold with a stoploss of Rs 362 and a target of Rs 400 plus but this is a medium-term view. Above Rs 450 if there is a weekly close then one can look at significant appreciation also probably the onset of an intermediate and may be a long-term uptrend.

 

 

Cipla - in the medium-term we are oversold, we are in a throat of a bounce back which is not yet over, so there is some headroom left. One either exists in this bounce or holds for a couple of years. From a near term point of view one needs to keep a stoploss of Rs 570 and target of Rs 645 otherwise.

 

 

Strides Arcolab is at an all time high. The stock is moved from Rs 350. We are on a long-term uptrend and it is going to continue. One can spread the purchase between Rs 1,080-1,022. After that whenever it takes out Rs 1,250 on a monthly chart, the stock looks set to move towards Rs 1,500 and more over the longer-term. I would suggest a buy at slightly lower levels."