5 Stocks for next week (28th Aug-1st Sep)
07 Aug 2019
Gautam Upadhyaya
Untitled Document
Aurobindo Pharma - Buy
|
Stock
|
Aurobindo Pharma Ltd
|
|
Recommendation
|
The stock has given a breakout from a symmetrical triangle formation on the daily chart; the breakout has been backed by a surge in volumes. Positive crossover on the MACD further accentuates our bullish view on the stock.
|
|
Buy/Sell
|
Range
|
Target
|
Stop Loss
|
|
Buy (Cash)
|
728-732
|
777
|
695
|
|
BSE Code
|
NSE Code
|
Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
524804
|
AUROPHARMA
|
42,921
|
895/504
|
687
|
Bajaj Finserv- Buy
|
Stock
|
Bajaj Finserv
|
|
Recommendation
|
The stock has given a breakout from its sideways consolidation of the past three weeks; the stock is currently trading at its all time high and is in a higher top higher bottom chart structure. We expect the uptrend to continue.
|
|
Buy/Sell
|
Range
|
Target
|
Stop Loss
|
|
Buy(Cash)
|
5490-5510
|
5900
|
5210
|
|
BSE Code
|
NSE Code
|
Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
532978
|
BAJAJFINSV
|
87,582
|
5523-2515
|
4019
|
Bharat Electronics- Buy
|
Stock
|
Bharat Electronics
|
|
Recommendation
|
The stock has managed to give a flag pattern breakout on the daily chart. Volumes have also supported the price outburst, which affirms our positive stance on the stock.
|
|
Buy/Sell
|
Range
|
Target
|
Stop Loss
|
|
Buy (Cash)
|
186-188
|
198
|
180
|
|
BSE Code
|
NSE Code
|
Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
500049
|
BEL
|
41,947
|
189/118
|
161
|
Gruh Finance- Buy
|
Stock
|
Gruh Finance
|
|
Recommendation
|
The stock has form a bullish engulfing pattern on the daily chart. Also, it has managed to give a breakout on the weekly chart. A closing at its all time high further accentuates our positive view on the stock.
|
|
Buy/Sell
|
Range
|
Target
|
Stop Loss
|
|
Sell Aug Futures
|
508-512
|
546
|
486
|
|
BSE Code
|
NSE Code
|
Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
511288
|
GRUH
|
18,681
|
515/270
|
403
|
Bosch Ltd – Sell
|
Stock
|
Bosch Ltd
|
|
Recommendation
|
The stock has shown weakness over the past few trading session. The stock has also given a breakdown from the descending triangle formation on the daily chart and is currently trading below its 200-EMA.
|
|
Buy/Sell
|
Range
|
Target
|
Stop Loss
|
|
Sell(Aug Futures)
|
21740-21770
|
20880
|
22490
|
|
BSE Code
|
NSE Code
|
Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
500530
|
BOSCHLTD
|
66,145
|
25649/18005
|
22904
|
Disclaimer: https://www.5paisa.com/research/disclaimer