5 stocks for next week-April 9th-13th 2018
06 Apr 2018
Gautam Upadhyaya
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
|
Research Disclaimer