Technical analyst Kush Bohra has released his latest high-conviction trading ideas for the upcoming session. His picks span the hospitality and electronics equipment sectors, highlighting Chalet Hotels and PG Electroplast Ltd. Bohra believes both stocks are well-positioned from a technical standpoint and could deliver gains in the near term.
Here are the specific trading strategies and technical levels:
Chalet Hotels
Bohra sees continued strength in the hospitality space and has identified Chalet Hotels as a buying opportunity. The stock's technical setup indicates the potential for further upside in the coming sessions.
- Target 1: Rs 880
- Target 2: Rs 910
- Stop Loss: Rs 830
PG Electroplast Ltd (PGEL)
In the manufacturing and electronics segment, PG Electroplast remains one of Bohra's preferred picks. He recommends buying the stock for a possible move toward the Rs 640 level while maintaining a strict stop loss.
- Target 1: Rs 615
- Target 2: Rs 640
- Stop Loss: Rs 585
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