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Ipca Laboratories, a pharma company, is a potential buy as it has recorded a breakout from a falling trendline resistance and a Cup & Handle formation. Short-term traders can buy the stock, which has risen over 2% in a week and more than 7% in a month, with a possible target towards Rs 900 level in the next few weeks. Experts suggest placing a stop-loss below Rs 800 on a closing basis. The stock is trading above short-term moving averages on the daily chart and has a Relative Strength Index of 65.8.

On the technical charts, the 200-day moving average of the stock stood at Rs 1347.61.

A total of 6,739 shares changed hands on the counter till 11:48AM (IST)

The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.

A host of analysts have shared their technical views on particular stocks that can rise up to 9% in the near term.

Registered its highest ever weekly close in a year indicating bullish momentum.

Adani Ports and Special Economic Zone Limited (APSEZ) will buy outstanding 3.375% senior notes due 2024 for a cash consideration of $130 million, the company on Monday informed stock exchanges. It said that it will fund the payment through cash reserves available with the company.

ABB India, incorporated in the year 1949, is a Large Cap company (having a market cap of Rs 66821.07 Crore) operating in Engineering sector.

Analyst Rahul Malani from Sharekhan by BNP Paribas has stated that ICICI Bank has been trading at around two times its one-year forward P/E multiple, and that its outlook is strong, with ICICI sustaining a 2% ROA in the near to medium term. There are, however, limited ROA expansion levers from here on, he says. As for HDFC Bank, Malani says a near-term rally is possible due to relaxed regulation and eased capital requirement norms. The inclusion of the combined entity in MSCI indices will boost flows, he said.

A total of 12,113 shares changed hands on the counter till 10:15AM (IST)