Gautam Upadhyaya
11th December 2022
5 stocks for next week-April 9th-13th 2018
1)Titan Ltd - Buy
| Stock | Titan Limited | ||
| Recommendation | The stock is trading in a strong higher top-higher bottom chart structure. Tracking the hourly chart, the stock has given a falling trend-line breakout backed by a strong uptick in volumes, indicating continued upward momentum. | ||
| Buy/Sell | Range | Target | Stop Loss |
| Buy | 931-941 | 1,005 | 899 |
| NSE Code | Market Cap (in Rs cr) | 52-week High /low | 200-day EMA |
| TITAN | 83,500 | 963.15/1,460 | 738 |
2) Hero Moto Corp Limited – Buy
| Stock | HeroMoto Corp Limited | ||
| Recommendation | The stock has resumed its upward journey and has restarted trading in bullish higher top-higher bottom chart structure on the daily chart. It has also given a channel breakout with rising MACD histogram, indicating a positive bias for the stock. | ||
| Buy/Sell | Range | Target | Stop Loss |
| Buy | 3,750-3,780 | 3,900 | 3,665 |
| NSE Code | Market Cap (in Rs cr) | 52-week High /low | 200-day EMA |
| HEROMOTOCO | 75,500 | 4,200/3,180 | 3,612 |
3) Berger Paint Limited - Buy
| Stock | Berger Paint Limited | ||
| Recommendation | The stock has given a bullish flag pattern breakout on the daily chart. Tracking the ADX index, +DI is trading above the 25-mark and is greater than the ADX and –DI line, hinting a continuation of the upward momentum. | ||
| Buy/Sell | Range | Target | Stop Loss |
| Buy | 263-266 | 284 | 255 |
| NSE Code | Market Cap (in Rs cr) | 52-week High /low | 200-day EMA |
| BERGEPAINT | 25,800 | 285.75/230.8 | 250.2 |
4) SunTv Limited - Buy
| Stock | SunTv Limited | ||
| Recommendation | The stock recovered from its recent low by forming a bullish hammer candlestick pattern on the daily chart. It has also given a price breakout above its 200-day EMA, indicating a positive bias going forward. | ||
| Buy/Sell | Range | Target | Stop Loss |
| Buy | 880-890 | 960 | 851 |
| NSE Code | Market Cap (in Rs cr) | 52-week High /low | 200-day EMA |
| SunTv | 35,200 | 1,097.05/652.3 | 868 |
5) Balkrishna Industries- Buy
| Stock | Balkrishna Industries Limited | ||
| Recommendation | The stock is trading with a strong uptrend and has managed to give a bullish symmetrical triangle breakout on the daily chart. Tracking the ADX index, +DI is trading above the 25-mark and is greater than the Adx and –DI line, hinting a continuation of the upward momentum. | ||
| Buy/Sell | Range | Target | Stop Loss |
| Buy | 1,205-1,225 | 1,290 | 1,158 |
| NSE Code | Market Cap (in Rs cr) | 52-week High /low | 200-day EMA |
| BALKRISIND | 23,500 | 1,236/1,002 | 982 |
Tanushree Jaiswal