5 stocks for next week-April 9th-13th 2018

by Gautam Upadhyaya Last Updated: Dec 11, 2022 - 10:46 am 171.9k Views

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

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