Technical analyst Kush Bohra has shared his latest high-conviction trading ideas for the upcoming session. His picks span across the jewellery, pharmaceuticals, and chemical sectors. His top picks for July 1 include Shringar House of Mangalsutra, Granules India, and Himadri Speciality Chemical (HSCL), indicating bullish setups backed by improving technical momentum.
Here are the specific trading strategies and technical levels:
Shringar House of Mangalsutra
Bohra has identified a buying opportunity in Shringar House, with the stock showing signs of strength on the charts and potential for a near-term upside move.
- Target 1: Rs 227
- Target 2: Rs 234
- Stop Loss: Rs 214
Granules India
In the pharmaceutical space, Granules India is also on Bohra's radar. The stock is witnessing bullish traction and could see further gains as momentum builds.
- Target 1: Rs 831
- Target 2: Rs 855
- Stop Loss: Rs 783
HSCL
Bohra has also recommended HSCL, citing a positive technical setup in the infrastructure segment, with the stock poised for an upward move in the short term.
- Target 1: Rs 712
- Target 2: Rs 747
- Stop Loss: Rs 645
Disclaimer: The views and opinions expressed by investment advisers are their own and do not reflect the position of the organization. Investors are advised to consult with a certified financial adviser before making any investment decisions.
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