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Short Term Trades for Coming Months: July 2020

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BDL (BHARAT DYNAMICS LIMITED)

BDL (BHARAT DYNAMICS LIMITED) Chart

Heavy Buying was seen in BDL last week. The stock has already given breakout after large consolidation.

Buying Range 265-300
Stop Loss 245
Target 350

Godrej Agrovet

Godrej Agrovet chart

Godrej Agrovet is uniquely placed in the agro sector. Reversal spotted at lower levels.
Buying range 420-465
Stop Loss 410
Target 550

IPCA Laboratories

IPCA Laboratories Chart

Pharma space is in a continuous bull run since the start of the COVID19 pandemic. We think IPCA Laboratories is well placed in pharma space.
Buying range 1650-1720
Stop Loss 1595
Target 1825

Gillette India

Gillette India Chart

Gillette India has been reversing from lower levels. One can accumulate for a higher target with a small stop loss.
Buying range 4950-5000
Stop Loss 4800
Target 5300

Mindtree Ltd

Mindtree Ltd Chart

India IT industry has recovered well from march 2020 low levels and have continuous outperformed Nifty50 for last 5 years.

Buying range 940-970
Stop Loss 930
Target 1025

Infosys Ltd

Infosys Ltd Chart

Buying range 730-755
Stop Loss 710
Target 790/810/ 840

Tata Power

Tata Power Chart

Buying Range 45-47
Stop Loss 44
Target 49/51

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