5 Stocks For Next Week (14th-18th Aug)

Hindustan Petroleum

Recommendation

Hindustan Petroleum has formed a bullish engulfing candlestick pattern on the daily chart; the stock had managed to give a multi-week breakout last week, and we expect the uptrend in the stock to continue. 

Buy/Sell

Range

Target

Stop Loss

Buy (Cash)

422-428

480

390

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

500104

HINDPETRO

65,676.76

462/253

339

Infosys

Recommendation

Infosys is in a short term uptrend, and the stock has given an upward movement after forming a bullish hammer candlestick patter on the daily chart. 

Buy/Sell

Range

Target

Stop Loss

Buy(Cash)

981-987

1030

955

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

500209

INFY

226,823.29

1094/900

988

HUL

Recommendation

HUL has given a breakdown from its short term upward trend line. The stock has also given a close below its 10 day exponential moving average.

Buy/Sell

Range

Target

Stop Loss

Sell Aug Futures

1158-1166

1124

1191

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

500696

HINDUNILVR

249,530.29

1210/783

991

PFC

Recommendation

PFC has given a closing below its support level on the daily chart. The stock has also shown weakness on weekly MACD Histogram.

Buy/Sell

Range

Target

Stop Loss

Sell Aug Futures

117.5-119

107

128

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

 532810

PFC 

31,126.56

169/103

131

Bank of Baroda

Recommendation

Bank of Baroda has given a breakdown from a rising channel formation on the weekly chart .The stock has also given a closing below its 200 DMA.

Buy/Sell

Range

Target

Stop Loss

Sell(Aug Futures)

143-145

128

156

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

532134

BANKBARODA

32,935.46

203/135

159