Key Points
Aditya Arora of Adlytick, says pharma as a space has not run a lot, but now it is seeing good traction..
It could be bought at 1900, 1760 should be the stop loss and 2050 should be the target..
In PSU basket, I think oil is a good bet, Oil India, could be bought at Rs 380.85, stop loss over here should be 330 and target should be 430 to 450...
Coming back to the top pick, Tata Steel looks good at Rs 137.65; stop loss should be Rs 120 and target should be Rs 160 to 170..
You saw a good rally in Divis Lab, Cipla and now Glaxo is also breaking out on multi-week time frame, multi-month time frame..
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