- Kush Bohra recommends buying Pondy Oxides & Chemicals for positive technical momentum
- Pondy Oxides & Chemicals targets set at Rs 1,500 and Rs 1,545 with stop loss at Rs 1,420
- Rajratan Global Wire is favored for upside potential in the tyre bead wire segment
Technical analyst Kush Bohra has released his latest high-conviction trading ideas for the upcoming session. His picks span across the sectors such as specialty metals space as well as auto ancillaries, highlighting Pondy Oxides & Chemicals and Rajratan Global Wire.
​Here are the specific trading strategies and technical levels:
Pondy Oxides & Chemicals
Bohra sees a favourable risk-reward setup in Pondy Oxides and recommends a buy position as the stock continues to exhibit positive technical momentum.
- ​Target 1: Rs 1,500
- ​Target 2: Rs 1,545
- ​Stop Loss: Rs 1,420
Rajratan Global Wire
In the tyre bead wire segment, Rajratan Global Wire remains one of Bohra's preferred trading ideas. He expects the stock to witness further upside from current levels.
- ​Target 1: Rs 490
- ​Target 2: Rs 505
- ​Stop Loss: Rs 450
Disclaimer: The views and opinions expressed by investment advisers on NDTV Profit are their own and do not reflect the position of the organization. NDTV Profit advises users to consult with a certified financial adviser before making any investment decisions.
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