5 Stocks for next week (18th Sep- 22nd Sep)
07 Aug 2019
GAUTAM UPADHYAYA
Untitled Document
Bajaj Auto - Buy
Stock |
Bajaj Auto
|
|
Recommendation
|
The stock has given a Flag Pattern breakout on the daily chart. Volumes have backed the price outburst, which affirms our positive outlook on the stock.
|
|
Buy/Sell
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Range
|
Target
|
Stop Loss
|
|
Buy (Cash)
|
3005-3026
|
3190
|
2905
|
|
BSE Code
|
NSE Code
|
Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
532977
|
BAJAJ-AUTO
|
87676
|
3047/2515
|
2808
|
Infosys- Buy
Stock |
Infosys
|
|
Recommendation
|
The stock has given a breakout from a rounding bottom consolidation on the daily chart and has also managed to give a close above its 10 period EMA.
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Buy/Sell
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Range
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Target
|
Stop Loss
|
|
Buy(Cash)
|
903-909
|
955
|
879
|
|
BSE Code
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NSE Code
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Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
500209
|
INFY
|
209159
|
1094/861
|
972
|
HCL Technologies- Buy
Stock |
HCL Technologies
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|
Recommendation
|
The stock is trading in a higher top higher bottom chart structure. It is also trading in a rising channel formation. We expect the stock to move towards the upper end of the channel.
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Buy/Sell
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Range
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Target
|
Stop Loss
|
|
Buy (Cash)
|
882-888
|
930
|
855
|
|
BSE Code
|
NSE Code
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Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
532281
|
HCLTECH
|
123399
|
926/731
|
847
|
Dish TV- Sell
Stock |
SREI INFRA
|
|
Recommendation
|
The stock has given a breakdown from a rising trend line on the daily chart. It has also given a bearish cross over signal on the daily MACD indicator which affirms our negative view on the stock.
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|
Buy/Sell
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Range
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Target
|
Stop Loss
|
|
Sell (Sep Futures )
|
109.5-110.5
|
102
|
115.2
|
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BSE Code
|
NSE Code
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Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
523756
|
SREINFRA
|
5538
|
137/63
|
96
|
HDIL - Sell
Stock |
HDIL
|
|
Recommendation
|
The stock has given a breakdown from its support levels on the weekly chart and is currently trading below its 10 period EMA. We expect the longer term down trend to continue in the stock.
|
|
Buy/Sell
|
Range
|
Target
|
Stop Loss
|
|
Sell(Sep Futures)
|
61.9-62.2
|
57
|
65.3
|
|
BSE Code
|
NSE Code
|
Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
532873
|
HDIL
|
2684
|
102/45
|
86
|
Research Disclaimer