Discover potential stock opportunities based on technical analysis by Arihant Capital analysts. Adani Ports shows a promising rounding base pattern on the daily chart, indicating strength, alongside positive MACD momentum. Adani Ports is suggested as a ‘buy’ with a target price of Rs 1,508–1,550 and a stop loss of Rs 1,370. Tata Steel exhibits higher high formation and positive RSI momentum, advising investors to ‘Hold’ with a target range of Rs 202-216 and a stop loss at Rs 160. Suzlon Energy demonstrates a double bottom formation on its daily chart, maintaining an upward trend despite retracement. Analysts recommend holding with a target range of Rs 59–66 and a stop loss of Rs 38. Stay informed about potential market movements.
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