5 Stocks for next week 15th Jan-19th Jan 2018
12 Jan 2018
Gautam Upadhyaya
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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