Tanushree JaiswalSwing Trading Stocks: Week of ...
by
Tanushree Jaiswal
15/04/2024
Indian Stock Market
Gautam Upadhaya
26th October 2023
5 Stocks for next week (20th Nov-24th Nov)
MARUTI SUZUKI - Buy
| Stock | MARUTI SUZUKI | ||
|---|---|---|---|
| Recommendation | The stock is in a higher top higher bottom chart structure and has managed to give a close at its all time high. The stock is on the verge of giving a bullish crossover on the MACD indicator. We expect the positive momentum to continue in the stock. | ||
| Buy/Sell | Range | Target | Stop Loss |
| Buy (Cash) | 8300-8350 | 8650 | 8120 |
| NSE Code | Market Cap(Rs in Cr) | 52-week High /low | 200 M.A |
| MARUTI | 252055 | 8370/4999 | 7181 |
SUNDARAM FINANCE - Buy
| Stock | SUNDARAM FINANCE LTD | ||
|---|---|---|---|
| Recommendation | The stock has formed a strong bullish candle on the daily chart. The price outburst has been backed by a surge in volumes. The trend and strength analysis indicates that the current momentum is likely to continue further. | ||
| Buy/Sell | Range | Target | Stop Loss |
| Buy (Cash) | 1890-1899 | 1975 | 1843 |
| NSE Code | Market Cap(Rs in Cr) | 52-week High /low | 200 M.A |
| SUNDARMFIN | 21100 | 1940/1089 | 1614 |
AJANTA PHARMA - Buy
| Stock | AJANTA PHARMA | ||
|---|---|---|---|
| Recommendation | The stock has formed a strong bullish engulfing candlestick pattern on the daily chart; the stock has also managed to give a close above its 200 period EMA. The bullish strength on the MACD Histogram affirms our positive view on the stock. | ||
| Buy/Sell | Range | Target | Stop Loss |
| Buy(Cash) | 1265-1274 | 1330 | 1226 |
| NSE Code | Market Cap(Rs in Cr) | 52-week High /low | 200 M.A |
| AJANTPHARM | 11195 | 1190/1106 | 1258 |
PIDILITE INDUSTRIES - Buy
| Stock | PIDILITE INDUSTRIES | ||
|---|---|---|---|
| Recommendation | The stock has given breakout from its sideways consolidation of the past few sessions. The stock has show good strength on the daily MACD Histogram. The trend and strength analysis indicates that the current momentum is likely to continue further. | ||
| Buy/Sell | Range | Target | Stop Loss |
| Buy(Cash) | 830-836 | 868 | 809 |
| NSE Code | Market Cap(Rs in Cr) | 52-week High /low | 200 M.A |
| PIDILITIND | 43076 | 867/592 | 770 |
BOSCH - Sell
| Stock | BOSCH | ||
|---|---|---|---|
| Recommendation | The stock has shown weakness on the daily and weekly chart. It has also has given a closing below its 200 period EMA on the weekly chart. We expect the stock to correct further in the following week. | ||
| Buy/Sell | Range | Target | Stop Loss |
| Sell (Nov Futures) | 19055-19095 | 18440 | 19640 |
| NSE Code | Market Cap(Rs in Cr) | 52-week High /low | 200 M.A |
| BOSCHLTD | 57928 | 25245/18710 | 22165 |
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