5 Stocks for next week (9th Oct- 13th Oct)
06 Oct 2017
GAUTAM UPADHYAYA
1) Kaveri Seed Company Limited - Buy
Stock |
Kaveri Seed |
Recommendation |
The stock has given a breakout form its sideways consolidation on the daily chart, the breakout has been backed by a surge in volumes. The stock has also managed to for a bullish hammer formation on the weekly chart. |
Buy/Sell |
Range |
Target |
Stop Loss |
Buy (Cash) |
530-535 |
564 |
509 |
NSE Code |
Market Cap(Rs in Cr) |
52-week High /low |
200 M.A |
KSCL |
3694 |
708/325 |
548 |

2) GAIL - Buy
Stock |
GAIL |
Recommendation |
The stock is in a higher top higher bottom chart structure. It has managed to give a breakout on the daily chart backed by a surge in volumes. The stock is currently trading at its all time high and we expect the positive momentum to continue. |
Buy/Sell |
Range |
Target |
Stop Loss |
Buy (Cash) |
448-453 |
482 |
429 |
NSE Code |
Market Cap(Rs in Cr) |
52-week High /low |
200 M.A |
GAIL |
76607 |
534/269/73 |
378 |

3) Sun Pharma - Buy
Stock |
Sun Pharma |
Recommendation |
The stock is on the verge of giving a cup and handle breakout on the daily chart. The stock has also managed to give a close above its 10 period EMA on the weekly chart. |
Buy/Sell |
Range |
Target |
Stop Loss |
Sell (Oct Futures ) |
526-531 |
560 |
509 |
NSE Code |
Market Cap(Rs in Cr) |
52-week High /low |
200 M.A |
SUNPHARMA |
127259 |
854/433 |
586 |

4) Mahanagar Gas - Buy
Stock |
Mahanagar Gas |
Recommendation |
The stock has managed to give a breakout from its sideways consolidation on the daily chart. The stock has shown positive momentum on the weekly MACD Histogram and has given its highest closing on the weekly chart. |
Buy/Sell |
Range |
Target |
Stop Loss |
Sell (Oct Futures ) |
1120-1129 |
1193 |
1086 |
NSE Code |
Market Cap(Rs in Cr) |
52-week High /low |
200 M.A |
MGL |
11151 |
1184/514 |
949 |

5) United Spirits - Sell
Stock |
United Spirits |
Recommendation |
The stock has shown weakness on the daily and weekly chart and has given a closing below its support levels .The stock is also currently trading below its 200 day exponential moving average. |
Buy/Sell |
Range |
Target |
Stop Loss |
Sell (Oct Futures ) |
2367-2380 |
2270 |
2445 |
NSE Code |
Market Cap(Rs in Cr) |
52-week High /low |
200 M.A |
MCDOWELL-N |
34298 |
2773/1775 |
2376 |

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