Ultratech cement is looking very strong and headed towards 7100+ in short term and 7300 in mid term. Watch out for the stock breaking out above 6980 with good volumes.
HUL building up momentum. Thanks to lockdown opening up, HUL seems to be gearing up for a big target. Strong volumes around 2525 suggest institutional buying. Long HUL above 2525 with Volume and strength for target of 2690 / 2850. A small SL @ 2470. Great RR ratio. Close above 2525 with volume and strength looks high probability for mentioned target.
Grasim has been consolidating for last few days with a good support around 1430-40. The stock is building up good volumes and strength. With lockdown being opened up slowly Grasim is looking bullish and may reach up to 1630/40. Keep in the watchlist for a move above 1530.
MFSL looking strong and ready to break out. A close above trendline around 1040 with volumes and strength, you can long for a target of 1060 / 1100 with SL of around 1000. Consider for short term.
