BUY SINTEX
CMP: Rs 116
Stoploss: Rs 110
Target: Rs 130
Sintex is already in a strong trend, now getting in new round of momentum with high volume & rising RSI. The stock is getting ready for a take off, a decisive move past Rs 118 gives an upside projected target of Rs 130. We recommend a BUY.
BUY BINANI INDUSTRIES
CMP: Rs 87.45
Stoploss: Rs 82
Target: Rs 95
This stock is in process of making higher-bottom formation after taking support of cluster of moving averages. Volume is also on rise. This stock is ready for higher target of Rs 95. One can buy this stock with a stoploss of Rs 82.
BUY ADANI ENTERPRISES
CMP: Rs 118
Stoploss: Rs 110
Target: Rs 140
Adani Enterprises, after making a high of Rs 140, has retraced and after a brief consolidation, it has got in new round of momentum. The risk reward ratio is favorable at this level for up-move to previous high. We recommend a BUY.
Disclaimer: The analyst may have positions in any or all the stocks mentioned above.