Two stocks that Osho Krishan of Anand Rathi is bullish on

September 3, 2021 - By admin

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ROSSARI BIOTECH has been during a secular uptrend and is placed well in particular the main exponential moving averages on the daily charts, suggesting inherent strength within the stock. Alongside, it formed a robust bullish candle within the last trading session on the rear of a rise in average traded volumes, affirming the bullish stance. On the oscillator front, 14 period RSI has been trading in higher region post positive crossover assuring the strength within the up move and therefore the stock seems to check the uncharted territory

BUY STRIDES PHARMA SCIENCE LTD | TARGET: Rs 660 | STOP LOSS: Rs 580

STRIDES PHARMA SCIENCE has seen a huge correction in recent times and is currently is hovering near the five hundred Fibonacci retracement of the rally. However, last week, the counter had formed a ‘hammer’ candlestick pattern, indicating the initial sign of trend reversal. Further, the 14 period RSI reversed its trend from the oversold region and has gradually began to surge post positive crossover, affirming strengthening demand zone at lower levels.