NSE:HCLTECH has sustained the medium-term support of 935 and is heading upwards. The closest conservative target is 956 and 2nd target would be 975 which is also the previous peak. Timeline for it is 4 days i.e. 11 June The stock also looks set to touch the 1000 mark again but would take its time.
NSE:BPCL is coming out of an ascending triangle. CMP 489 is just about right to buy, with a stoploss of around 482. If it hits, wait for another attempt to break the 480 mark. Target of 542 above which the stock can make all time high. Board has declared a dividend of 58 per share awaiting approval at the AGM.
NSE:VIPIND is approaching its Long term resistance line while continuously consolidating, indicating a major breakout. Since the covid situation is getting in control, the travel restrictions have been lifting up which will aid the stock. A move above 391 looks good for a headstart towards 500. The stock might, for one last time, test the support and play...