- Kush Bohra recommends Karur Vysya Bank with targets of Rs 310 and Rs 320 and stop loss at Rs 292
- Jamna Auto Industries is favored with targets of Rs 138 and Rs 142 and stop loss at Rs 132
- Shringar House of Mangalsutra shows a bullish setup with a target of Rs 234 and stop loss at Rs 220
Technical analyst Kush Bohra has shared his latest high-conviction trading ideas for the upcoming session. His picks span across the private banking, auto components, and jewellery sectors, highlighting Karur Vysya Bank, Jamna Auto Industries, and Shringar House of Mangalsutra.
Here are the specific trading strategies and technical levels:
Karur Vysya Bank
Bohra is positive on the private sector lender, citing a constructive technical setup and potential for further upside in the near term.
- Target 1: Rs 310
- Target 2: Rs 320
- Stop Loss: Rs 292
Jamna Auto Industries
In the auto components space, Jamna Auto has emerged as a preferred pick. Bohra expects the stock to extend gains on the back of improving price momentum.
- Target 1: Rs 138
- Target 2: Rs 142
- Stop Loss: Rs 132
Shringar House of Mangalsutra
Bohra has also identified a bullish setup in Shringar House of Mangalsutra. The stock is positioned for a short-term move higher as buying interest remains strong.
- Target: Rs 234
- Stop Loss: Rs 220
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