IT Index is breaking out from falling channel on monthly as well as on weekly basis. Many IT stocks looking good. But best way to take advantage is by investing in ETF of IT Index which is ITBEES cmp 30.90, Index is around 29600 can achive target of 33000/35000/41000
SOBHA LTD Nearly debtfree Realestate company with good Result and Realty cycle has revised even Nifty realty Index has seen good strength Technically company is near good weekly trendline support from where it can reverse So can add from CMP 580 to 550 for target of 650/750/888/1020 and can keep SL of 480
Eicher motors on the verge of breakout, close above trendline approx 2950 can give good short term as well as long run returen
Eicher notores on the verge of breakout from long term resistance area. Good consolidation near breakout zone. Also auto as a sectore doing well Close above 2955 can give a good move upto 3050 short term . Long term it may go up to 3500 to 4000 as well