by
Gautam UpadhyayaLast Updated:
Dec 01, 2018 - 04:30 am
154.3k
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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.
Our markets corrected sharply in the week gone by mainly due to uncertainty over global geopolitical tensions and selling by the FIIs which resulted in the index breaking the 22000 mark. However, we witnessed recovery from the low of 21780 in the last trading session and Nifty ended around 22150 with a weekly loss of over one and a half percent.
The cost of natural gas saw a 2.7% increase yesterday, closing at 146.90, as projections of limited feed gas demand and milder weather tempered upward momentum. Despite concerns over a significant storage surplus and reduced demand forecasts for the next fortnight, substantial price shifts were notably absent.