Technical Buy Wipro Limited

Buy  IT Giant Wipro Limited for multi fold Return(CMP-469.20)

From Jan 21 Wipro limited was in correction phase as flat movement .last week created a new high after good result.Buy at this level & dips @ 450 for the conservative target to 525 short term & then 600.
Support Level are   450/430/400

Bhansali Engineering-A Technically Bullish Stock

 Bhansali Engineering is Ready to Huge Up move(CMP-163.80)

On daily chart Bhansali Engineering has formed an ideal symmetrical Triangle.On 7/4/21 price just cross downtrend resistance line .If price sustains above Rs.160.It would be a good opportunity to buy this Bullish trending stock Targeting Rs.230 Short to medium term keeping Stop loss Rs.153.

Happy investing.

DISTRIBUTION and LOGISTIC industry will be BLUSTED OUT because of Corona Virus Pandemic

Why logistics and distribution companies are in BOOMING ?

During the beginning phases of the pandemic, the business-to-business logistics market nearly halted. Supply chains were truly disturbed and new guidelines were quickly presented. On the other hand, the business to purchaser market has detonated similarly as with all shops shut, individuals in lockdown, went to the web to make their buys. Logistic organizations needed to rapidly quick track their development and advancement methodologies, while numerous immediately extended to a seven days per week activity, made huge interests in internet business, and individuals and resources needed to adapt to request.

In this scenario last week two fundamentally strong stocks, Transport Corporation India & VRL Logistic, are just  above their their breakout level.May watch out to add your Portfolio.

Transport Corporation India (CMP: Rs.254.95)

TCI from low of March'20 following uptrend channel. recently stock strongly breakout
downtrend line from Aug'18 & horizontal resistance line at Rs. 252.55.Above  current
market price , short term Target will be Rs.328 . Strong support Rs. 225 --215.