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(BSE: 532504 | NSE: NAVINFLUOR | ISIN: INE048G01026 | SECTOR: CHEMICALS)

CMP: ₹ 1,502 | Stop Loss: ₹ 1,430 | Target Price: ₹ 1,950 | Time Frame: 3 Months

Technical Rationale

1. The Stock has decisively Broken-Out from the Cup-Handle Formation on daily basis (₹ 1,435-
₹ 1,440) with Good Volumes.

2. The stock has witnessed Moving Average 20 Crossed Over 50 DMA which is highly bullish
for short-term.

3. Daily and Weekly RSI has turned around from the midpoint indicating bullish bias.

4. In the recent mayhem, only two sectors i.e. Pharma and Chemicals seems to be making new
highs in the market.

5. The above analysis indications an upside of ₹ 1,900 to ₹ 1,950 within a time span of 3 months.

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(BSE: 539336 | NSE: GUJGASLTD | ISIN: INE844O01030 | SECTOR: OIL AND GAS)

CMP: ₹ 258 | Stop Loss: ₹ 248 | Target Price: ₹ 315 | Time Frame: 3 Months

Technical Rationale

1. The Stock price is forming an ascending triangle from the past one month.

2. Accumulation is observed from the last few days having higher volumes on the green days
while lower volumes on red days.

3. The stock is trading above 20 DMA and taking support at 50 DMA.

4. RSI has taken support around the midpoint which indicates bullishness.

5. Moving Average 200 has been on uptrend from the past 6 months which indicates stock price
shall move upward.

6. The above analysis indications an upside of ₹ 315 to ₹ 325 within a time span of 3 months.

MidCapMania.com | April 2020 | Issue 1

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MidCapMania.com | April 2020 | Issue 1