5 Stocks for next week (11th Sep- 15th Sep)

Gautam Upadhyaya 7th September 2023 - 05:09 pm

Radico Khaitan - Buy

Stock	Radico Khaitan
Recommendation	The stock has given a Flag Pattern breakout on the daily chart. Volumes have backed the price outburst, which affirms our positive outlook on the stock. The stock has also managed to give a close at its 52 week high.
Buy/Sell	Range	Target	Stop Loss
Buy (Cash)	174-176	192	167

BSE Code	NSE Code	Market Cap(Rs in Cr)	52-week High /low	200 M.A
532497	RADICO	2352	178-84	130

2) Arvind Ltd- Buy

Stock	Arvind Ltd
Recommendation	The stock has given a breakout from a Rectangle Formation after four months of consolidation on the daily chart. The breakout is backed by a surge in volumes. The stock has also shown good strength on the daily MACD Histogram, which further confirms our bullish view on the stock.
Buy/Sell	Range	Target	Stop Loss
Buy(Cash)	404-407	440	384

BSE Code	NSE Code	Market Cap(Rs in Cr)	52-week High /low	200 M.A
500101	ARVIND	10516	426-286	370

3) JSW Energy- Buy

Stock	JSW Energy Ltd
Recommendation	The stock has given a breakout from its sideways consolidation on the daily chart. The price outburst is backed by a surge in volumes which accentuates our positive stance on the stock.
Buy/Sell	Range	Target	Stop Loss
Buy (Cash)	71.5-72.2	79	67.4

BSE Code	NSE Code	Market Cap(Rs in Cr)	52-week High /low	200 M.A
533148	JSWENERGY	11800	85.85/53.5	65.9

4) Dish TV- Sell

Stock	Dish TV
Recommendation	The stock is in the Lower Top Lower Bottom chart structure. The stock has faced Resistance on every bounce. A negative crossover signal on daily MADC further confirms our negative view on the stock.
Buy/Sell	Range	Target	Stop Loss
Sell (Sep Futures )	75.6-76	68	79.8

BSE Code	NSE Code	Market Cap(Rs in Cr)	52-week High /low	200 M.A
532839	DISHTV	8069	110.9-69.55	86.65

5) Bank of Baroda – Sell

Stock	Bank of Baroda
Recommendation	The stock has given a breakdown from a Rising Channel formation on the weekly chart and is currently trading at its 52 week low. The stock is also currently trading below its 200 period EMA.
Buy/Sell	Range	Target	Stop Loss
Sell(Sep Futures)	137.4-138	130	143.9

BSE Code	NSE Code	Market Cap(Rs in Cr)	52-week High /low	200 M.A
532134	BANKBARODA	31606	135.8-202.4	162.3

Disclaimer: https://www.5paisa.com/research/disclaimer

How do you rate this article?

Characters remaining (1500)

Gautam Upadhyaya

Get 100 trades FREE* with the code "FREEPACK"

+91

By proceeding, you agree T&C*

Mobile No. belongs to

Discover more of what matters to you.

Business and ... Stock Recomme... Fintech Fundamental &... Market Outloo... Personal Fina... Futures and O... Indian Stock ... Commodities

Discover us on social platforms

Indian Stock Market Related Articles

Why Youth Participation in Voting is Low?

Why Youth Participation in Vot...

by Tanushree Jaiswal 22/05/2024

SEBI offers shield against M&A Price Disruptions

SEBI offers shield against M&A...

by Tanushree Jaiswal 21/05/2024

Short-Term Govt Bond Yield Might Fall

Short-Term Govt Bond Yield Mig...

by Tanushree Jaiswal 21/05/2024

RBI in talks with Sebi to allow mutual funds to sell debt to ARCs

RBI in talks with Sebi to allo...

by Tanushree Jaiswal 21/05/2024

Consumer Discretionary Stock

Best Consumer Discretionary St...

by Tanushree Jaiswal 21/05/2024