5 Stocks for next week 19th Feb-23rd Feb 2018
16 Feb 2018
Gautam Upadhyaya
Untitled Document
TVS Srichakra- Buy
| Stock |
TVS SRICHAKRA
|
|
Recommendation
|
The stock has formed a bullish engulfing candlestick pattern backed by a surge in volumes on the daily chart. The stock has also shown good strength on the daily MACD Histogram, which affirms our bullish view on the stock.
|
|
Buy/Sell
|
Range
|
Target
|
Stop Loss
|
|
Buy
|
3684-3698
|
3900
|
3556
|
|
NSE Code
|
Market Cap(Rs in Cr)
|
52-week High /low
|
200 Day M.A
|
|
TVSSRICHAK
|
2833
|
4304/2912
|
3445
|
Sun TV - Sell
| Stock |
SUN TV
|
|
Recommendation
|
The stock has given a breakdown from the symmetrical triangle formation on the daily chart backed by a surge in volume. It has also witnessed a bearish crossover on the daily MACD indicator.
|
|
Buy/Sell
|
Range
|
Target
|
Stop Loss
|
|
Sell
|
922-928
|
866
|
967
|
|
NSE Code
|
Market Cap(Rs in Cr)
|
52-week High /low
|
200 Day M.A
|
|
SUNTV
|
36330
|
1097/652
|
858
|
L&T Finance -SELL
|
Recommendation
|
The stock is trading in a lower top lower bottom chart structure and has show weakness on the daily MACD Histogram. The stock has also given a close below its 200 day EMA, which affirms our bearish view on the stock.
|
|
Buy/Sell
|
Range
|
Target
|
Stop Loss
|
|
SELL(FEB FUTURES)
|
161-163
|
148
|
171
|
|
NSE Code
|
Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
L&TFH
|
29268
|
213/112
|
165
|
Century Textile- SELL
| Stock |
CENTURY TEXTILE
|
|
Recommendation
|
The stock has given a breakdown from its support levels backed by a surge in volumes on the daily chart. The stock has also formed a bearish engulfing candlestick pattern on the weekly chart.
|
|
Buy/Sell
|
Range
|
Target
|
Stop Loss
|
|
SELL(FEB FUTURES)
|
1193-1204
|
1120
|
1256
|
|
NSE Code
|
Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
CENTURYTEX
|
13349
|
1471/791
|
1245
|
Hudco - BUY
| Stock |
HUDCO
|
|
Recommendation
|
The stock has witnessed a v-shaped recovery on the dally chart and has given a positive bounce after forming a bullish hammer formation on the weekly chart.
|
|
Buy/Sell
|
Range
|
Target
|
Stop Loss
|
|
Buy
|
83-84
|
89.5
|
79
|
|
NSE Code
|
Market Cap(Rs in Cr)
|
52-week High /low
|
200 M.A
|
|
HUDCO
|
16815
|
102/66
|
80
|
Research Disclaimer