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Trade Spotlight: Expert Stock Recommendations and Trading Strategies for October 14
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Moneycontrol•14-10-2026, 08:22
Trade Spotlight: Expert Stock Recommendations and Trading Strategies for October 14
- •Balrampur Chini Mills shows relative strength with a breakout above key moving averages, with a target of Rs 770 and stop-loss at Rs 690.
- •Canara Bank is trading within a bullish Wolfe Wave pattern and holding firm at long-term support, targeting Rs 125 with a stop-loss of Rs 117.
- •PNB Housing Finance hit a new all-time high, with analysts recommending buying on dips towards targets of Rs 1,260 and Rs 1,300.
- •Meesho rebounded strongly after testing its 30-period SMA, with potential upside targets extending to Rs 262 and Rs 280.
- •Coforge broke above its previous swing high driven by IT sector recovery, targeting Rs 2,020 and Rs 2,100 with a stop-loss at Rs 1,870.
Key Questions Answered
For Balrampur Chini Mills, the recommended strategy is to buy with a target price of Rs 770 and a stop-loss level set at Rs 690.
PNB Housing Finance has been following a 48-period time cycle and recently hit a new all-time high. Traders can use dips to ride the trend with potential targets of Rs 1,260 and Rs 1,300, keeping a stop-loss at Rs 1,170.
Coforge broke above its previous swing high of Rs 1,894, closing above the upper Bollinger Band with bullish momentum. The strategy is to buy with targets of Rs 2,020 and Rs 2,100, and a stop-loss at Rs 1,870.
