5 Stocks for next week (25th Sep- 29th Sep)

by Gautam Upadhyaya Last Updated: Mar 14, 2023 - 05:08 pm 197.5k Views

Apollo Hospitals - Sell

Stock	Apollo Hospitals
Recommendation	The stock has given a breakdown from a descending triangle formation on the daily chart. The stock has also breached its support levels on the weekly chart.
Buy/Sell	Range	Target	Stop Loss
Sell (Sep Futures )	1033-1040	973	1079

BSE Code	NSE Code	Market Cap(Rs in Cr)	52-week High /low	200 M.A
508869	APOLLOHOSP	14357	1442/1032	1218

Can Fin Homes- Sell

Stock	Can Fin Homes
Recommendation	The stock is trading in a lower top lower bottom chart structure and has given a break down on the daily chart. The negative crossover signal on the daily MACD indicator further affirms our negative view on the stock.
Buy/Sell	Range	Target	Stop Loss
Sell (Sep Futures )	2648-2660	2500	2775

BSE Code	NSE Code	Market Cap(Rs in Cr)	52-week High /low	200 M.A
511196	CANFINHOME	7098	3333/1252	2519

GAIL- Sell

Stock	GAIL
Recommendation	The stock has formed a top reversal pattern resembling a three black crow formation on the daily chart. The stock has also formed a bearish shooting star formation on the weekly chart which accentuates our negative view on the stock.
Buy/Sell	Range	Target	Stop Loss
Sell (Sep Futures )	398-402	375	417

BSE Code	NSE Code	Market Cap(Rs in Cr)	52-week High /low	200 M.A
532155	GAIL	67170	534/269	369

Repco Home Finance- Sell

Stock	Repco Home Finance
Recommendation	The stock has breached its support levels on the weekly and daily chart. It is currently trading below its 10 period EMA. A bearish crossover signal on the daily MACD further affirms our negative view on the stock.
Buy/Sell	Range	Target	Stop Loss
Sell (Sep Futures )	616-620	590	639

BSE Code	NSE Code	Market Cap(Rs in Cr)	52-week High /low	200 M.A
535322	REPCOHOME	3856	923/499	706

Chennai Petroleum Corporation- Sell

Stock	Chennai Petroleum Corporation
Recommendation	The stock has broken its short term support levels on the daily chart. It has also shown weakness on the daily MACD Histogram indicating further correction in the stock.
Buy/Sell	Range	Target	Stop Loss
Sell(Sep Futures)	415-417	387	437

BSE Code	NSE Code	Market Cap(Rs in Cr)	52-week High /low	200 M.A
500110	CHENNPETRO	6186	466/230	368

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