- Technical analyst Kush Bohra highlights trading opportunities in capital goods and banking sectors
- ABB India shows technical strength with targets of Rs 7,345 and Rs 7,676 and stop loss at Rs 6,750
- Tamilnad Mercantile Bank has favorable price action with targets of Rs 700 and Rs 720 and stop loss Rs 665
Technical analyst Kush Bohra has identified high-conviction trading opportunities for the upcoming session, focusing on the capital goods, banking, and industrial carbon sectors.
His latest recommendations feature engineering heavyweight ABB India, private lender Tamilnad Mercantile Bank (TMB), and electrode manufacturer Graphite India.
ABB India
Bohra sees continued technical strength in the capital goods major ABB India. The stock is positioned for a significant move higher, with staggered upside targets as it maintains its bullish trajectory.Target 1: Rs 7,345Target 2: Rs 7,676Stop Loss: Rs 6,750
Tamilnad Mercantile Bank (TMB)
In the banking space, TMB has caught Bohra's attention due to its favorable price action. He suggests entering the stock for a potential move toward the 720 level.Target 1: Rs 700Target 2: Rs 720Stop Loss: Rs 665
Graphite India
Bohra has also identified a buying opportunity in Graphite India. The stock's technical setup suggests a breakout is likely, with targets positioned just above the 700 mark.
Target 1: Rs 699Target 2: Rs 717Stop Loss: Rs 665
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