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ITC | BUY | Target Price: Rs 300 | Stop loss: Rs 259 

This stock has formed a bullish candle with a long lower shadow on the weekly chart, which indicates that the momentum is in favour of the bulls. The stock price has started a new rising leg post a throwback fall (which ended at Rs 266) and in smaller degree higher top and higher bottom formation is developing. Price is in the internals of “wave C”; so more upside move is expected in the coming days. In addition, the price .. 

Analyst: Mazhar Mohammad, Chartviewindia.in

DCB Bank | BUY | Target Price: Rs 176 | Stop loss: Rs 154 

The recent correction brought down this stock towards its long-term support levels placed around Rs 155 from where it bounced back on multiple occasions in the past. In the last couple of trading sessions, this counter has rightly attracted buying support from the lower levels of Rs 157 as pointed out by long lower shadows. “Positional traders shoul .. 

Analyst: Milan Vaishnav, CMT, MSTA

ThermaxNSE -0.74 % | BUY | Target Price: Rs 1,120 | Stop loss: Rs 1,005 

The stock scaled above Rs 1,309 level at its high in 2018 and since then in has been seeing a corrective decline. Recently, it tested lows around Rs 990 and has attempted to form a potential base. There are strong possibilities of a technical pullback. The daily MACD stays in continuing buy mode. An engulfing bullish candle has emerged on the d .. 

Analyst: Vaishali Parekh, Prabhudas Lilladher

IndusInd Bank | BUY | Target Price: Rs 2,000 | Stop loss: Rs 1,860 

The stock has given a correction from the peak of Rs 1,990 to show signs of bottoming out at around Rs 1,880 levels and has currently indicated a positive candle pattern in the daily chart to signify strength for further upside movement in the coming days. The RSI also has shown a trend reversal from the oversold zone and has given a buy  ..