- by Isha Adhikari
- 28th Dec 2020
Experts' Top 10 Trading Ideas
Biocon | Target price: Rs 518 | Stop loss: Rs 458| Upside 7%
Biocon witnessed a good price-volume breakout last Wednesday from the multiple resistance zone around Rs 480.
IndusInd Bank | Target price: Rs 805 | Stop loss: Rs 874| Downside 5%
However, we have witnessed some recovery in it with the broader market.
Hindustan Unilever Ltd | Trigger: Rs 2410| Target: Rs 2545| Stop Loss: Rs 2303| Upside 6%
The stock formed a bullish flag pattern, and if the stock sustains above Rs 2410 might lead the stock to positive momentum.
ICICI Lombard General Insurance Company Ltd: Trigger: Rs 1495| Target: Rs 1605| Stop Loss: Rs 1442| Upside 8%
The stock has formed a bullish flag pattern on the daily charts, and it might lead the stock to positive momentum.
Federal Bank: Target: Rs 75 | Stop Loss: Rs 55 | Upside: 20 percent
The stock has maintained a strong base near Rs 55-57 zone and current sustainability above all significant averages has improved the bias.
Indian Oil Corporation: Target: Rs 105 | Stop Loss: Rs 83 | Upside: 19 percent
The stock saw a decline from Rs 97 to Rs 84. On the weekly chart, the stock has formed a Hammer candlestick reversal pattern.
Sun Pharmaceutical Industries: Target: Rs 640 | Stop Loss: Rs 550 | Upside: 10 percent
If the stock closes above Rs 595 levels, it should head higher towards its initial range breakout target of Rs 640.
REC: Target: Rs 168 | Stop Loss: Rs 124| Upside 25%
This stock has given a trend line breakout and witnessed some good amount of correction.
HEG: Target: Rs 1,160 | Stop Loss: Rs 785| Upside 21%
This stock has formed a reversal pattern on its daily charts and trading above its important moving averages.
HSIL: Target: Rs 132| Stop Loss: Rs 100| Upside 20%
It made a 52-week low at Rs 32.70 on 25th March 2020 and a 52-week high of Rs. 114.85 on 24th December 2020.