Market Trading Guide: ABB India among 2 stock recommendations for Friday

Bonanza Portfolio technical analyst Virat Jagad recommends buying Chennai Petroleum for Friday with an entry zone of Rs 1241, stop-loss at Rs 1169, and target of Rs 1374, citing a decisive breakout above a falling channel supported by strong volumes and bullish trend across all major moving averages. For ABB India, the buy call comes with entry around Rs 7668, stop-loss at Rs 7187, and target of Rs 8566, on a breakout above a long-term descending trendline and resumption of primary uptrend.