![](data:image/svg+xml;charset=utf-8,<svg height="32" width="135" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="16" width="68" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="18" width="8" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="15" width="18" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="15" width="15" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
Bharti Airtel: The brokerage has a target price of ₹800 for this telecom stock, indicating an upside of 15 percent. It has a stop loss of ₹570, as per the brokerage and it advises entering the stock in the range of ₹660-630. During this ongoing geopolitical issue the stock seems to outperform which suggests relative strength, noted the brokerage. Also, on the daily scale, the stock has turned from its 200 DEMA and 200 DSMA placed near the 650 mark.
Zee: The brokerage has a target price of ₹280 for the stock, implying an upside of 15 percent. Stop loss at ₹180 and entry range between ₹225-215, noted the brokerage. In the past 2 – 3 months the stock gave up almost 40 percent from its high of ₹378. At this point in time it is approaching the 78.6 percent retracement level of the rally which started from ₹170 to ₹380, stated Anand Rathi.
Maruti Suzuki: The brokerage has a target price of ₹8,500 for the stock, indicating an upside of 20 percent. Stop loss at ₹6,000 and entry range between ₹6,900-6,800, noted Anand Rathi. The stock has been trading in a broad range of ₹9,000–6,500 since Jan 2021. Currently, it is resting at the lower end of this range.
ICICI Bank: The brokerage has a target price of ₹800 for this banking stock, implying an upside of 18 percent. Stop loss at ₹570 and entry range of ₹655-635, said the brokerage. The stock is approaching 620 mark which is a very strong demand zone as per the pitchfork tool. This zone is also the 161.8 percent retracement of the previous move. We saw the data from 2016 and found that whenever the RSI of ICICI Bank went below 30 mark there has been a bottom formation most of the times and this time too the RSI is below 30, the brokerage house said.
Eicher Motors: The brokerage has a target price of ₹2,800 for this auto stock, implying an upside of over 21 percent. Stop loss at ₹1,950 and entry range between ₹2,270-2,220, said the brokerage. The stock has been trading in a broad range of ₹3,000–2,200 since Jan 2021. Currently it is resting at the lower end of this range, said Anand Rathi. It advises traders to buy the stock with a time horizon of 3–6 months
Britannia: The brokerage has a target price of ₹3,900 for this FMCG stock, indicating a 21 percent upside. Stop loss at ₹2,740 and entry range of ₹3,200 -3,100, added Anand Rathi. Along with other FMCG stocks; Britannia too has been in a corrective mode since few months. However, at this juncture the stock has approached its previous demand zone of 3200 - 3100, it said. Thus. it advises traders to buy the stock with a time horizon of 3–6 months.