[0:08]Hello and welcome, you're watching Business Today Television. I'm Sakshi Batra and this is your favorite show Daily Calls. A show that answers your specific stock queries on the program. In case you're here for the first time, the WhatsApp number is on your screen. Send me your questions here along with your name, location and your contact details, as we can give you an opportunity to speak live to our top market experts who join in on the program as well. In case you are joining us on our YouTube platform, that's on Business Today. You need to go on to the Daily Calls live, use the comment section there to send me your questions. I'll be happy to address that with our top guests who will be joining in shortly as well. Let's also quickly look at how the markets are trading at this point in time, uh before we go on to our guests and uh take your queries as well. First up, on the Nifty, you are now below even 23,300 mark, about .4% lower in the session. There's an almost a 95 point of a loss there. The markets have been extremely choppy since morning and every um dip is trying to see some buying. Every higher level is seeing some selling pressure as well. Barring the IT stocks, rest all of the pockets are deep into the red. IT indexes are up by over 4% now. That's where the true markets uh sentiment is being seen. Um, you know, where the money is flowing too, so the money is chasing momentum and the momentum over the last few sessions is only building on to IT and that's where investors are feeling safe at this point. On the Nifty, you have TCS, Infosys, HCL Tech, Tech Mahindra, Wipro, all five top movers are from the IT pack in the session today. There are some other gains also. You are seeing Trent, you're seeing HDFC Bank, Hindalco, M&M as those companies, uh which are also showing us some traction in the session as well. Let's actually now welcome our guest. We have Vishnukant Upadhyay, AVP Research, uh for Technicals and Derivatives Master Capital Services joining in. Hi, Vishukant. Good afternoon. What's your own update on the markets right now? How are you looking at the prices level slipping below 23,300? Is it creating some more deeper caution into the markets or do you think we will bottom out soon? Hi Sakshi, uh, very good afternoon. Uh, definitely, you know, uh, initial sentiments if you look at the market, technically especially, uh, initial sentiments are not, you know, positive. Market, you know, this fragility in the market from the higher levels are likely to remain intact. If you look at a chart of Nifty, in fact, on an hourly chart, prices, in fact, the good thing is that the open and low is a same for Nifty for today's trading session. But the thing is that on every rise we are facing a selling pressure, right? Uh so from a completely technical standpoints if you look at a chart of hourly chart of Nifty, so I believe immediate, you know, resistance lies somewhere around 23,500. So any rise close to that point will definitely attract fresh sellers in the market, while on the lower side, you also mentioned that a 23, you know, 250, 240 sort of levels could be an initial support in the market. But the way prices are creating and behaving and the geopolitics are developing, I believe the near term, you know, weak sentiment or downward sentiments are likely to remain intact. On the lower side I'm expecting 23,200, 23,100 could be on card very soon. So opportunity and the strategy will remain sell the rise. Any rise in the market in Nifty close to 23,500 will attract selling. In that case maintain stop loss below 23,650 and on the lower side 23,200 and then 23,100 will definitely on card. While now talking about a Bank Nifty, Bank Nifty showing a little resilience because the stock is sorry, the index is currently trading of its immediate support area of 52,800. And as long as, you know, the view is little different from the Nifty, and as long as the index is trading above 52,800 I will not go short. I will wait prices to move below 52,800 for a Bank Nifty to go short. Okay. Um let's also try and understand from you what's your own take on the IT stocks which are riding on a sharp momentum? What are you doing right now? Um and what are you advising clients? Is it the right time to chase this momentum or has the rally stretched now after a couple of days of sharp up move? Yes, uh, definitely, we have seen a very good gains in last couple of, you know, days that, uh, index is up more than 4% in today's, uh, trading session. And in fact, the all stocks, beat from a large cap or beat from mid cap, doing immensely well. In fact, mid caps, you know, having said that, both, you know, uh, pack, large cap, mid cap, doing good. Uh but the thing is that I, I believe, you know, a sustainable rally, uh, could be seen in mid cap. Uh, I do not have a, you know, uh, much confidence in, uh, large cap pack especially, you know, TCS, SCL, Infy. Although they are showing a good gains, but personally I do not have a much confidence in that. So I would prefer to go in a, you know, uh, mid cap, and in a mid cap, there are few stocks like, you know, Mphasis, Coforge, Persistent, they all are doing good. And recently we have seen a very good breakout in all these, you know, counters. So my preferred pick in, uh, you know, uh, mid cap IT will be a persistent. The stock has, you know, given breakout from the long term moving averages that is a 200 exponential moving average. And apart from that, the stock has started to form a higher, you know, highs kind of pattern. So I'm expecting this gain, this winning streak is likely to remain intact with a potential gain towards 5900 sort of levels. So every decline in prices will be, you know, seen as a fresh buying opportunity on the lower side. I believe prices should not fall below 5200 sort of levels to keep this, you know, winning streak intact.
[6:50]Okay. Uh let's now welcome all our viewers who are joining in on the program with us. We have Anuj Singh, Arti joining in, Vinita joining in early on our YouTube platform. Rishikesh is with us. Welcome to everyone who's joining in early on the program. We also have a lot of people who are joining in on our WhatsApp as well. So we'll start taking some of those questions now. Um, we have Anuj Singh first who wants to know about Apollo Microsystem. I bought its share at 120, and I have 500 shares. What will be the target for Apollo Microsystems for the next one year? This is what he wants to know.
[7:37]Well, definitely, uh Sakshi, we have seen a very good vertical rise in Apollo Microsystem and currently the prices are consolidated consolidating in a very thin horizontal band of 430 on the higher side and 400 on the lower side. So I can see it's a initial sign of breakout. I believe if his time horizon is one year, then he should continue to buy this stock. On the higher side, I believe 480, 490 levels can be seen in the near term, I mean within one year. But please do not forget to, you know, maintain stop loss as the stock has posted a very vertical rise. So the stop loss should be, you know, increased to 360 sort of levels. So, keep a stop loss of around 360, and you can see targets of up to 480 to 490 within one year.
[8:38]Okay. Next, we take another question, and this question is from Aarti Jain. She writes, 'Hi, sir, can I make fresh investment in BLS International Services at the current price?' And if yes, then what can be the target for this that you can recommend?
[9:00]Yes, yes, yes, definitely. So, uh Sakshi, from the technical standpoints, I would say the stock, you know, uh, stock is forming a sort of inverse head and shoulder kind of pattern. Uh but the neckline resistance, you know, have not been reached a so far, but the way prices are behaving, I'm quite confident that the prices will take out that resistance area. So yes, uh, if he has a position in BLS International, then he can hold it with a stop loss of 244. On the higher side, the first target will be around 300, and if prices cross above 300, then I believe it can be a fresh start of a bull run, and you can see a range of 360 to 370 in this stock in the coming time. Okay. Next, we have another question from our YouTube viewer, Vinita. She writes, 'Good afternoon to everyone.' Good afternoon to you also, Vinita. Her question is about Skipper and also about Tata Technologies. She has a medium-term outlook for both, and wants to know if these two shares can be bought at the current level, and what would be their medium-term target?
[10:19]Well, uh Sakshi, so see, first, let's talk about Skipper, so last week we already saw a decent gain in the stock. And the good thing is that the stock looks very good on technical parameters. All oscillators are printing in green. Apart from that, the stock is currently trading above the cluster of all key moving averages. So I believe that the strategy should be buying the counter in an SIP manner. So, invest 50% of the amount around 560, and let the prices come down towards 510. You can invest the remaining 50% between 510 and 520. On the higher side, I believe you can see rates of up to 670, 650 in Skipper in the coming time. Second share is Tata Technologies.
[11:15]So, the stock belongs from the mid-cap IT segment, and recently we have seen a golden crossover in Tata Technologies. Apart from that, we have also witnessed breakout from the falling trend line resistance. So I believe this winning journey is likely to remain intact on the higher side. I'm expecting 800, 850 sort of levels can't be ruled out. So, I recommend buying Tata Tech with a stop loss of 670, which is a positional stop loss. If prices fall below that level, then exit for once.
[11:51]Okay. Let's take the next question, and this one is from Satya. He says, 'Thank you for this show.' Thanks a lot Satya for writing in. He says, 'I want to know about Bharti Airtel and PFC from the power financing space.' Both these stocks have fallen now. Which are the levels to accumulate both for long term portfolio? Well, uh so see, first we take Bharti Airtel. The stock has, you know, posted a decline of around 20% from its 52-week, you know, high, and we all know that the stock is a value stock and it's a, you know, large-cap counter. So definitely, technically stock is currently looking slightly, slightly weak, but, you know, after posting a 20% of fall, it's looking, you know, from that point of the view, it's looking slightly better. In fact, stock is currently trading above its immediate support area of 1720, and as long as prices are trading above that level, one can go long. And you should maintain a stop loss of 1700, I believe it could be a good level to buy. If there is a little more pain in the market, then I'm not expecting a deep fall in the prices. So it is a good entry point. Here you can deploy 70 to 80% of your money. Keep a stop loss of 1700. On the higher side, you can see targets of up to 1900. If the 1900 level is breached, then you can also see targets of up to 1960 to 1970 in Bharti Airtel. Second stock is Power Finance Corporation. The stock is also looking good from the technical standpoints, but I'm expecting some little pain in the counter, and that pain should be containing around 390, 395 sort of levels. So you can make an entry in two tranches. Okay. Next we have a question from Ramashankar. He wants to ask about BEL, Bharat Electronics. He has already bought it at 403. What is your outlook here?
[14:04]Well, so entire space, entire defense space is showing a little lethargicness, leniency, in fact. And if I look at a chart of BEL, so the stock is forming a, you know, lower highs and lower lows kind of pattern. The stock is good for a long-term perspective, but if you are short-term investors, then definitely I would say stop loss. You should maintain 390. If prices fall below that, then you should exit. Okay. Next question is from Manoj Bhai. And he wants to ask about Rubicon Resources. He got the share in the IPO. Now he wants to ask if it would be better to book profit, or should he continue to hold for long-term? This is what he wants to know. So first of all, let's pull up the share of Rubicon, and let's see how this share is currently trading. If you look at the current market price of Rubicon, it will be at 1241. In fact, if we talk about the last five days, then the stock has also seen a very good move. We have seen a rally of almost 28% in this stock in the last five sessions itself. And since this stock was listed, it has almost doubled. So first of all, congratulations to you that you got a great IPO at a great price, and you are also making good profits. Now, what advice would you give on this Rubicon Research?
[15:50]Well, uh Sakshi, so we have seen very hefty gains in the counter. You know, vertical gains we have seen since the, you know, IPO. But the thing is that, you know, at this juncture, I would say book 50% of your amount at least for once. Because, you know, after posting such a huge gain, there is a quite tendency, and it's a natural tendency of stock to post some, you know, corrective fall. And if any corrective fall comes in the stock, then that corrective fall should be contained around 1030 sort of levels. I'm saying book your partial position because all technical parameters are doing quite good in the stock. So there is a potential for the stock to reach around 1500. Okay. Nancy has the next question. And she writes, 'I have ABDL shares at 565.' I want to know what can be the downside and what can be the upside in this current month that I can expect on ABDL shares. Currently, it is at 544. 1.4% losses that we can see here today. But both for the short term, this month itself, what is the kind of downside and upside that you expect on the stock? Well, Sakshi, so the stock is currently trading above their cluster of all key moving averages, especially I am seeing 200 day exponential moving average is... Sorry. No worries. Absolutely, take some water and just, I'm sure that you'll be fine. Meanwhile, we'll just try and pull up the chart of ABDL if we look at the long-term charts and see how the stock has performed. In the last two years, you've got about 71% kind of return here. Let's pull up last one year chart. Um, we have seen a lot of volatility in the last one month, one year as well.
[18:04]Um, so we'll try to gauge how the performance has been. It's almost divided in half and half. You could see in the last one year the stock has jumped by 37% odd. Over the last two years, it's jumped by 71%. But it's last six months where some pressure has actually built in, which has capped the kind of returns that we have seen for the stock. Last three months, although we have seen some recovery, about 20, 21% of a rally has come in. So there is some recovery in the last three months alone that we've seen for the stock. ABDL. Vishukant, if you can now talk about this stock. Uh, thank you, and sorry for the disruption. Well, so I was saying, I was saying the stock is currently trading above the long-term moving averages, that is the 200 exponential moving average. Stock is currently, you know, just oscillating in a very tight horizontal band of 600 on the higher side and a 500 on the lower side. And I believe this, you know, consolidation band is likely to remain intact on every decline close to 510, 520. We are stock is witnessing buying interest from the lower levels. So I would say stay long in the counter on the lower side. If they are asking about the support, so 500 is the immediate support, and on the higher side, 600 is the immediate resistance. Okay. Let's take the next one then. We have this question coming in from one of our viewers as well, who's writing on our WhatsApp. We have Lavisha from Jalandhar, says GMDC's shares at 678. She says, 'Can I continue to hold on my position or would averaging also help me better at the current level?' She bought it at 678, it is currently at 660. What would be your advice for her?
[20:25]Definitely, if his outlook is long-term, then definitely I would say stay long because the theme of India's rare earth is evolving. I believe this stock will be a great beneficiary from that development. Apart from that, if we talk about technicals, the stock is currently trading above its rising trend line support. So as long as prices are trading above 580 on a positional basis, I would say stay long. On the higher side, you can expect targets of 900 to 1000 in GMDC in the coming time.
[21:05]Okay. Next query we have is from Sumed Lasker, and he writes, 'Sir, Hexaware Technologies, is it the right time to buy fresh into this stock?' And I also wanted to ask about Welspun Living, as both these stocks, what could be the stop loss and target if you could guide me?
[21:28]Well, well. So first, you know, uh, look at Hexaware Technologies. So the stock has given a breakout from the crucial resistance area of 520, and now the stock is looking to pave the way towards 580, 590 sort of levels. So if he has a position in Hexaware, then I would say stay long, but maintain stop loss, trailing stop loss below 497. Welspun Living, the stock is, you know, trading in a box. I can say it's a horizontal band kind of pattern, 150 to 153 on the higher side, 107 on the lower side. So from technical standpoint, there should be some corrective fall in the counter, and that corrective fall should be containing around 120. So at once, if he's holding Welspun Living, he should get exit, right? Keep the stock on the radar, and if stock closes above 152, 153 with a full conviction, then he can again enter in the stock. But for once, currently, get exit from the counter.
[22:42]Okay. Let's take Satyan's question next. He's from Kerala, and he says, 'Sir, I have two stocks.' One is BEML. I got it at 1950. The second one is EIH, and that one I got at 350. I'm a long-term investor, and I want to know whether I should average right now or should I continue to hold my position? If the trend continues to be negative, then what should my strategy be on both stocks? BEML and EIH. Currently, BEML is slightly higher and EIH is down by about 1%. Definitely, BEML is, uh, is currently trading below its all key moving averages. So the initial sentiment is not positive. And I believe the stock should, you know, extend this fall towards 1620, 1610 sort of level. So if he wants to do average, then that price zone could be a prudent to make average on the counter. While on the lower side, the prices should not fall below 1500 sort of levels because if prices fall below that level, there could be a more pain in the counter. Second share is EIH. So again, the stock is, this stock is also, you know, uh, is like a falling knife. And but immediate support is still intact, that is a 272. In fact, I would say there is a better option apart from EIH Hotels. So if he is a flexible to switch, Lemon Tree is a good pick. Lemon Tree is a better pick for you in case you're looking at hotel space, that's where you could switch your position. Alright. Towards the end, we'll ask you your top choice of stocks as well in case you have also got some stocks afresh on your radar. Then please do share with our viewers. That's where we will get to know where our top researchers also looking at for opportunities. Yes, so definitely, uh, from my point of view, Aegis Logistic, which is currently trading around 763, can be a good pick for a, you know, short-term period, let's say for a one month or one and a half month. The stock has formed a inverse head and shoulder pattern and decisively trading above the neckline resistance. Apart from that, all moving averages are currently positioning below the current market rate, which is also inducing the buying rally in the counter. On the higher side I'm expecting 800, 820 sort of levels can't be ruled out. On the lower side, maintain stop loss below 730. So Aegis Logistic can be a better pick. Okay. Let's take the next query. This one is from Swati. Uh, this is, uh, she says this is a very useful show for us. Could you give me an understanding on Camlin Fine Sciences? Uh, I have got this stock at my portfolio at 125. What would you advise? Camlin Fine. Well, so basically, uh, you know, uh, Camlin Fine Science, technically is not doing good. In fact, and I believe if she holds a position in Camlin, then, uh, she should maintain stop loss below 108. If prices, you know, falls below that level, uh, should get exit from that. Alright. Okay. Got that. Well, thank you so much then, Vishwaka for being with us on the show and helping all our viewers understand what exactly is the key strategy on the markets on specific questions that you addressed their queries as well. Good to have you with us on the program today. Uh, well, on the Nifty, viewers, we are seeing some more pressure built up. About 105 points lower in trade at 23,278. So we will try and understand from another expert who will be joining in, what is the strategy that you need to adopt right now? When we look at the broader markets, where the pain clearly is being seen, I'd like to highlight that for you in an otherwise weak setup. So Supriya Life Sciences is down by about 10% today. You have Wockhardt Pharma, which was constantly rallying for the last five sessions, it moved up about 45%. Today, it's seen some cool off, about 8% lower. Then let's also pull up Force Motors that continues to be a drag. 5% lower after the sales numbers have come in for the company. We've also seen Axis Gates Technologies down by 5%. We also have the New India Assurance Company also down by about 5% in the session. Then you also have VIP Industries, Jamna Auto, about 6% lower each for these stocks. Then you also have names like Swan Defense that's down by about 5%. Those are some of the stocks from various sectors that are facing some pressure. Whereas on the broader markets, um where are the gains continuing to be seen? It's the mid-cap IT space clearly. You have Newgen Software, Quick Heal Technologies. Those are the kind of stocks that are doing well in the session. You also have Acme Solar that's up by about 7% in the session today. Then you also have, you know, some stocks within the FMCG pack also that's up and about in the session today. But largely it's the IT names that are showing you strength from the large cap and from the mid cap space as well. IT index is now up by 4.1% higher. That's where the clear momentum is. This is despite the fact that India VIX is down by 3.8%. You have major part of the sectors that are down in the session today. 1.5% losses for Pharma, Infra down by 1.4%, PSU banks down by 1% as well. Mid and small caps also down by about .8% odd as well. Let's also look at within, uh, the Nifty next 50 names, what are you looking at in terms of gains. Varun Beverages about 1% higher. You have United Spirits that's up, Indian Hotels that's higher. CG Power that's up, Solar Industries that's also higher in the session today. Those are some names that are doing well. Let's also pull up some of the other key sectors from the NBFC names. You do have some brokerages, health wealth managers that are up and about. You have Paisalo Digital that's higher, Anand Rathi Wealth that's up, Geojit Financial that is higher in the session today. These are those broking companies that are up in the session as well. Let's also pull up some of the other interesting categories that we can pull out for all our viewers as well. Within the gainers list, when we look at some names, Balaji Amines is doing very well. About 7% higher in the session. You also have Astec Life Sciences, about 7% higher. Panacea Biotech about 8% higher in the session as well. Some of those stocks are actually doing well in the session as well. Let's wait by. Uh we are looking for Kiran Jani to look up, uh, join us next to share with us, uh, his thought process on the markets. And Rubymills is in fact about 14% higher. That's a very strong move with volumes that we're seeing on to this stock as well. Let me highlight some news flows for all of you to also look by the time we are just waiting for Kiran Jani to join in. Uh, we have of course a lot of these stocks that are highlighting in the session today. NMDC is the stock that's up to 52 week high levels as there is a production update and uh, you know, we still have this stock that's in focus. Uh, we have Kiran Jani now with us. Hi Kiran, good afternoon. Your sense on the markets. Very volatile. We also breached 23,300 intraday. How are you looking at this current dip in the market? Is it showing you signs that it will be easily bought into and there will be a bottom that will be made here or do you fear sharp losses even from these levels? Good afternoon, everyone. See, overall, if you look at the market, so since last two days, it was not a good for market and market is continuously trading into the lower top, lower bottom pattern with high percentage of cut in terms of market corrections. Now, what our sense is says, number one, if you look at there is a some divergence. Divergence in meaning, domestic market is continuously falling despite the fact rupee is appreciating, number one. Number two, if you look at the international market, the all our markets are on near lifetime high or they are recovering from the recent low. So our market is clearly underperforming. No doubt, we have a uncertainty about the crude oil supply and geological tension. But considering the fact current scenario, this divergence has to end and in this divergence, uh, whenever this divergence is getting end, our market should perform, uh, or our market, uh, rather I can say outperform. So this dip is definitely a buy on dip would be the strategy. 23,300 to 23,200. Fabulous accumulation zone, one can go long with a strict stop loss below 23,200. If price is not breaking down those level, then definitely this monthly June monthly expiry we can expect of 24,000 to 24,200. So the risk reward ratio is fairly, uh, very good, as a trader, as an investor. So one can go long with a strict stop loss below 23,200 for Nifty. Coming to the Bank Nifty. Bank Nifty has a very strong support of 52,800. If price is not breaking down or going below those level, then definitely we can expect some sharp recovery on Bank Nifty also. So on intraday point of view, on daily point of view, daily price chart point of view, Bank Nifty has formed bullish divergence also and as I mentioned, the rupee is appreciating. The moment rupee start appreciating, it is good sign for the banking. So definitely one can go long on Bank Nifty also at current market price or any dip towards 52, 53,000, sorry. Keep a strict stop loss of 52,800 or below that, and you can definitely expect a sharp rally towards 56,000 by end of this June month. Okay. I hope that this is able to help you out viewers in terms of understanding how the momentum of the street is being seen by experts. Kiran, we have a lot of questions coming in, so we'll straightaway jump into those queries from our viewers. Uh, we have our YouTube viewers waiting by. Namish has the question for you. He says, 'This is a very helpful show.' Thank you so much dear Namish for writing in. He says, 'I want to know about Finolex Cables.' I bought this stock at 1078. I want to know should I continue to hold on my position or average out? See, basically, if you look at the Finolex Cable, the stock has started its corrections from 1600 or 1700 level during July 2025. From those level, it had created two multiple bottom somewhere around 700, and from 700, it gave a very sharp recovery towards 1200. Now, during this time, we can see the first recovery halted at 1000, retested its previous breakout level and made a straightforward 1200 rupees of high. Now, the similar pattern we can see from 1200 to retesting is previous top of 1000 rupees. So definitely, one can average out or, uh, it's average out is the wrong word, but one can take fresh position at current market price considering the bullish harmonic pattern and retesting of its previous support. So, one can go long at current market price, 975 or maybe 950, this is an accumulation zone. Keep a strict stop loss below 930. If price is not breaking down 930, then again we can expect prices to retest 1200 and above level. So looks very much promising at current market price, one can definitely go long. Okay. Rishikesh has the next question. He says, 'Please ask Kiran, sir, on HFCL, what is your view for the next six months?' HFCL has already been rallying quite a bit. Over the next six months, what's your expectation? See, HFCL, madam, if you remember, we discussed previously somewhere around 160, where there is a flag pattern breakout is there. Now, considering the flag pattern, the targets looks like very much bigger somewhere around 220 kind of a target we can expect based on that technical pattern. Uh, no doubt, the stock price momentum indicator is into the overbought zone. So, we are not recommending to go long at current market price, but definitely one can hold this particular stock with strict stop loss of 160. If price is not going below 160, then you can expect 220, 230 kind of a price target on HFCL for short.
[38:22]Okay. Sapna has the next question. She says, 'I want to ask about Welspun Enterprises.' Is it the right stock to look at for fresh investments right now or not? Welspun Investment, if you look at the stock pattern, the stock chart pattern is into the consolidation zone only. So it is not, uh, I can say, uh, in near future, you can expect a sharp up move. But yeah, as an investment, the stock price has a very good support of 500 or I can say 480, 490. Price is not going below those level, number one. Number two, it is trading above all important moving averages. So it's a positive, uh, trading into the positive territory or positive tone. So considering that, you can go long, but don't expect a sharp upswing towards 600 very soon. But overall, keep a stop loss of 480 and you can go long on Welspun Enterprise with a target price of 600. Okay. Next question is from Yusuf Siddiqui. He says, 'Kiran, sir, what's your view on Bellrise?' I have this stock at 216. Should I hold or exit my position? Sorry, which stock were you asking about? Bellrise. It had come recently, in fact, it has been about a month or a month and a half since the company came, and in this short term, he has asked what to do for the next three months? It is trading at 216, and he has bought it at this level. Correct. Uh see, overall, if we talk about Bellrise, the chart pattern that we are seeing, the overall setup is strong. After the IPO, we can see the stock price continuously trading into the higher top, higher bottom pattern only, and the short-term moving averages like 2050 is keep holding. So if you are holding this particular stock, definitely hold with a strict stop loss of 200. If prices goes below 200, then you should exit this position, otherwise hold with a strict stop loss of 200. If price is not breaking down below 200, then you can definitely expect prices to retest its 240, 250 kind of a level. Okay. Let's take the next query. This one is from Sai from Hyderabad. He says, 'Sir, I want to know about Larsen & Toubro.' I got this stock at 3963. Now it is not moving, so should I continue to hold on? I can actually hold for next one year, but what would you advise me? Definitely, Larsen & Toubro one should hold. The reason I'm telling you, stock price was into the consolidation for two years. From 2024 to 2026, stock price was not able to cross its 393800 level. Post crossing those level, stock price already made a high of 5400. Now, because of this all geo political tension, we have seen a sharp decline on Larsen & Toubro. Now it's available at its previous breakout level, which is a 4000 or 3900 we can say. Overall near is all important moving averages or all we can say long-term moving averages. A small cup and handle pattern on intraday price chart we can see. So definitely you can hold this particular stock price and uh you keep a stop loss as a 3800. If price is not going below 3800, then definitely you will, you can expect price target to retest is 4450 kind of a level. Okay. Let's take the next question. This one is from our WhatsApp we've got. Sandeep from Hyderabad. He says, 'I want to know on CG Power.' I have this stock at an average price of 670 in my portfolio. What's the outlook here, Kiran, sir?
[42:37]See, overall CG Power, uh, you look at the chart pattern, stock price has given a breakout from 775 or 780 level. Straightforward after a breakout, stock price retested or made a new high of 930, 940. Uh now, previously, uh during 2024 October, stock price was struggling to cross its 860 level, and now it's comfortably trading above those level. After making high of 930, stock price retesting its previous breakout level. So definitely one should hold. Keep a strict stop loss of 860. Any dips towards those particular price is an accumulation zone, or it's a buying opportunity. If price is not breaking 860 level, then definitely you will expect 1000 kind of a target in upcoming two to three months. Okay. Next question we have is from Ravi Tiwari. He's from Chhattisgarh, and he's asking about recently listed company Kist or ON EMI Technologies. He's asking about a question on EMI Technologies. He has 170 shares at 171. He's asking what will be the target for the next three to four months, and what will be your advice on profit booking? This is what he wants to know on EMI Technologies. The charts are not very long with you, but if he wants to wait for three to four more months, then what should he do?
