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Technical stock picks | Cipla, Indusind Bank, BHEL, and Bank of India on the radar

Cipla, Indusind Bank, BHEL, and Bank of India are among today’s stock picks by tech analysts, Mitessh Thakkar, and Shrikant Chouhan.
Technical analysts Mitessh Thakkar, and Shrikant Chouhan of Kotak Securities share their top stock picks for the day.
Mitessh Thakkar’s first buy call of the day is on Cipla. He recommends this with a stop loss of ₹1,300 for an upside target of ₹1,365. The stock has gained more than 6% in the last month.
He recommends a buy call on Indusind Bank with a stop loss of ₹1,595 for an upside target ₹1,660-1,665. The stock is up more than 3% over the last month.
Thakkar’s only sell recommendation is Tata Steel, if the stock starts breaking below ₹129.50 sell with a stop loss of ₹132.50 and target of ₹123. Shares have declined more than 2% over the last month.

From Shrikant Chouhan
Chouhan finds a buying opportunity in BHEL. He advises traders to keep a stop loss of ₹208 for a target of ₹225-230. Shares have gained more than 16% over the last month.
Bank of India is another buy call from Shrikant Chouhan. Stop loss is to be placed at ₹129 for a target of ₹143-144. The stock has gained more than 19% in the last month.

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