5 Stocks for next week 15th Jan-19th Jan 2018

5 Stocks for next week 15th Jan-19th Jan 2018

by Gautam Upadhyaya Last Updated: Dec 01, 2018 - 04:30 am 154.3k Views
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BHARTI INFRATEL - BUY

Stock BHARTI INFRATEL
Recommendation The stock has formed a bullish engulfing candlestick pattern on the daily chart and has managed to give a close above its short term EMA. The stock has also formed a bullish hammer formation on the weekly chart.
Buy/Sell Range Target Stop Loss
Buy(cash 373.5-375.5 389 364
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 Day M.A
 INFRATEL  69036 481/283 382

KARNATAKA BANK - BUY

Stock KARNATAKA BANK
Recommendation The stock has managed to give a close above the declining trend line on the daily chart backed by a surge in volumes. Derivative data is also suggesting a fresh long build up which is indicated by surge in price and O.I.
Buy/Sell Range Target Stop Loss
Buy(cash) 165.5-167.5 177 159
NSE Code Market Cap(Rs in Cr) 52-week High / low 200 Day M.A
KTKBANK 4721 181/112 150

 

TATA GLOBAL BEVERAGES - Buy

Stock TATA GLOBAL BEVERAGES
Recommendation The stock has given a breakout from its sideways consolidation on the daily chart backed by a surge in volumes; The stock is also on the verge of witnessing a bullish crossover on the daily MACD indicator.
Buy/Sell Range Target Stop Loss
Buy(cash) 323-326 337 315
NSE Code Market Cap(Rs in Cr) 52-week High / low 200 M.A
TATAGLOBAL  20489 327/126 216

DISH TV - SELL

Stock DISH TV
Recommendation The stock has formed a large bearish candle on the daily chart which has been accompanied by a rise in volumes. The stock has also breached its support levels and has given a close below its 200 day EMA which affirms our negative view on the stock.
Buy/Sell Range Target Stop Loss
Sell Jan Futures 78-79 73 82
NSE Code Market Cap(Rs in Cr) 52-week High / low 200 M.A
DISHTV 8362 110/68 82

REPCO HOME FINANCE - SELL

Stock REPCO HOME FINANCE
Recommendation The stock has formed a bearish candlestick on the weekly chart. It has also shown weakness on the daily MACD Histogram. Derivative data suggests fresh short positions.
Buy/Sell Range Target Stop Loss
SELL-Jan Futures 680-684 654 702
NSE Code Market Cap(Rs in Cr) 52-week High / low 200 M.A
REPCOHOME 4233 932/552 675

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