Top five trading strategies for next week

Lupin: 

The stock has given a breakout above its falling Wedge pattern above Rs 860 levels and is now trading sideways in the Rs 875-890 range. Sustaining at current levels, we may see strong buying momentum in the stock towards its recent and all time high of Rs 950 levels. 

On the downside, Rs 860 levels would act as an important short-term support for the stock, closing below which the current trend may be negated. 

Buy the stock with a stoploss of Rs 860 for target of Rs 920 

Wipro:

 After touching its all-time high of Rs 523 levels, the stock showed some profit booking and formed a Double Bottom formation at Rs 468 levels and is now again trading near its all time high levels. On the upside, sustaining above Rs 523 levels we may see strong buying momentum to continue towards Rs 550-570 levels, however sustaining below Rs 500 levels on a closing basis may lead to sideways movement i .. 

Buy the stock with stoploss of Rs 504 for target of Rs 550 

Titan Industries:

 The stock has been in decline mode it made a high of Rs 272 in September this year. For last four weeks, the stock had been trading sideways in a range of Rs 240-221 levels. Now sustaining below Rs 221 levels we may see further selling in the stock towards Rs 210 levels. The momentum indicator is showing a negative crossover, indicating weakness in the stock. 

Sell the stock with a stoploss of Rs 224 for target of Rs 212 

Aurobindo Pharma: 

The stock after a strong rally from Rs 195 levels to above Rs 300 levels, showed some higher end consolidation around Rs 300 levels and is now witnessing buying momentum where on the upside it can cross its recent high of Rs 313 levels and may see further up move towards Rs 325-330 levels in short-term. On the downside, Rs 300 would act as an immediate support for the stock.