5 Stocks for next week (25th Sep- 29th Sep)
07 Aug 2019
GAUTAM UPADHYAYA
Untitled Document
Apollo Hospitals - Sell
Stock |
Apollo Hospitals
|
|
Recommendation
|
The stock has given a breakdown from a descending triangle formation on the daily chart. The stock has also breached its support levels on the weekly chart.
|
|
Buy/Sell
|
Range
|
Target
|
Stop Loss
|
|
Sell (Sep Futures )
|
1033-1040
|
973
|
1079
|
|
BSE Code
|
NSE Code
|
Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
508869
|
APOLLOHOSP
|
14357
|
1442/1032
|
1218
|
Can Fin Homes- Sell
Stock |
Can Fin Homes
|
|
Recommendation
|
The stock is trading in a lower top lower bottom chart structure and has given a break down on the daily chart. The negative crossover signal on the daily MACD indicator further affirms our negative view on the stock.
|
|
Buy/Sell
|
Range
|
Target
|
Stop Loss
|
|
Sell (Sep Futures )
|
2648-2660
|
2500
|
2775
|
|
BSE Code
|
NSE Code
|
Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
511196
|
CANFINHOME
|
7098
|
3333/1252
|
2519
|
GAIL- Sell
Stock |
GAIL
|
|
Recommendation
|
The stock has formed a top reversal pattern resembling a three black crow formation on the daily chart. The stock has also formed a bearish shooting star formation on the weekly chart which accentuates our negative view on the stock.
|
|
Buy/Sell
|
Range
|
Target
|
Stop Loss
|
|
Sell (Sep Futures )
|
398-402
|
375
|
417
|
|
BSE Code
|
NSE Code
|
Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
532155
|
GAIL
|
67170
|
534/269
|
369
|
Repco Home Finance- Sell
Stock |
Repco Home Finance
|
|
Recommendation
|
The stock has breached its support levels on the weekly and daily chart. It is currently trading below its 10 period EMA. A bearish crossover signal on the daily MACD further affirms our negative view on the stock.
|
|
Buy/Sell
|
Range
|
Target
|
Stop Loss
|
|
Sell (Sep Futures )
|
616-620
|
590
|
639
|
|
BSE Code
|
NSE Code
|
Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
535322
|
REPCOHOME
|
3856
|
923/499
|
706
|
Chennai Petroleum Corporation- Sell
Stock |
Chennai Petroleum Corporation
|
|
Recommendation
|
The stock has broken its short term support levels on the daily chart. It has also shown weakness on the daily MACD Histogram indicating further correction in the stock.
|
|
Buy/Sell
|
Range
|
Target
|
Stop Loss
|
|
Sell(Sep Futures)
|
415-417
|
387
|
437
|
|
BSE Code
|
NSE Code
|
Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
500110
|
CHENNPETRO
|
6186
|
466/230
|
368
|
Research Disclaimer