5 Stocks for next week 19th Feb-23rd Feb 2018

5 Stocks for next week 19th Feb-23rd Feb 2018
by Gautam Upadhyaya 16/02/2018
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

Stock

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


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