The 'RSI' oscillator is also showing 'Positive Reversal' on the daily chart, indicating resumption in up move. "We have been observing a strong support of the 'super trend' indicator on the daily chart placed around 8,080 - 8,060 levels. Traders can buy the stock with a price target of Rs 435, and a stop loss of Rs 375.The stock has found strong support around Rs 2,500-2,520 level. The stock is trading above its short and medium term moving averages of 10 and 50 days. Hence, traders are advised to buy the stock at current levels and on declines to Rs 305 for a target of Rs 332.

Source: Economic Times June 26, 2016 08:15 UTC