ABG Shipyardhas broken out of its range closing 2.38% higher at Rs 385.45. The stock can touch Rs 400 if the current momentum is maintained.
Chambal Fertiliser has also moved above its previous high of Rs 84.30. The stock can touch Rs 88 from where it had rebounded earlier.
DCB barely crossed the high of Rs 65 it made in April. The stock touched a high of Rs 65.10 and closed at Rs 64.45. It can touch a price of Rs 68 above this high.
Indian Hotel did not participate in the rally on Wednesday. The stock closed near the low of the day at Rs 78.35. If the stock breaches Rs 78, it can touch a level of Rs 74.
Allahabad Bank was a buy call with a target of Rs 215. The stock touched a high of Rs 206.65 and closed at Rs 206.10. We maintain the target of Rs 215 for the stock.
Bank of Baroda was a buy call with a target of Rs 915. The stock touched a high of Rs 888.50 but closed lower at Rs 876.30. We maintain the price target for the stock.
Rolta above Rs 128 was triggered. The stock touched a high of 129.55 and closed at Rs 129.05. We maintain our target of Rs 134 for the stock.
Idea was a buy call above Rs 79.45 with a target of Rs 85. The stock touched a high of Rs 81.60 and closed at Rs 81. We maintain our target on the stock.
Shriram Transport Finance was a buy call with a target of Rs 690. The stock touched a high of Rs 686 and closed at Rs 682.35. We maintain our target on the stock.
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