- Kush Bohra suggests buying Senores Pharma with targets at Rs 920 and Rs 940
- Elgi Equipments is recommended for buying with targets at Rs 569 and Rs 585
- Bohra advises shorting Supreme Industries May Futures targeting Rs 3,640 and Rs 3,600
Technical analyst Kush Bohra has released his latest high-conviction trading strategies for the upcoming session. His picks provide a mix of long opportunities in the pharmaceutical and industrial machinery sectors, alongside a tactical short position in the plastics and packaging space.
Senores Pharma
Bohra sees a bullish setup in the pharmaceutical player Senores Pharma. The stock is positioned for a steady climb toward the mid-900s as it maintains positive price action.
Target 1: Rs 920
Target 2: Rs 940
Stop Loss: Rs 880
Elgi Equipments
In the industrial machinery and air compressor segment, Elgi Equipments remains a top pick. Bohra recommends a buy as the technical indicators point toward a continued recovery.
Target 1: Rs 569
Target 2: Rs 585
Stop Loss: Rs 540
Supreme Industries (May Futures)
Bucking the trend of buy calls, Bohra has identified a selling opportunity in Supreme Industries. He suggests a short position on the May Futures, anticipating a downward move toward the 3,600 mark.
Sell Target 1: Rs 3,640
Sell Target 2: Rs 3,600
Stop Loss: Rs 3,710
Disclaimer: The views and opinions expressed by investment advisers on NDTV Profit are their own and do not reflect the position of the organisation. NDTV Profit advises users to consult with a certified financial adviser before making any investment decisions.
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