5 Stocks for next week 1st Jan-5th Jan 2018

No image Gautam Upadhyaya Gautam Upadhyaya 29th December 2017 - 04:30 am
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TATA MOTORS DVR - BUY

Stock TATA MOTORS DVR
Recommendation The stock has managed to give a breakout from its sideways consolidation on the daily chart. The stock has also shown good strength on the daily and weekly MACD Histogram.
Buy/Sell Range Target Stop Loss
Buy(cash) 242.5-244.5 255 236
NSE Code Market Cap(Rs in Cr) 52-week High / low 200 Day M.A
TATAMTRDVR 7826 346-208 253

IDEA - BUY

Stock IDEA LTD
Recommendation The stock is on the verge of witnessing a cup and handle breakout on the weekly chart. The stock has also formed a large bullish candle on the daily chart backed by a smart uptick in volumes.
Buy/Sell Range Target Stop Loss
Buy(cash) 107.5-108.5 117 103
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 Day M.A
IDEA 38833 123/66 90

JSW ENERGY - Buy

Stock JSW ENERGY
Recommendation The stock is in a higher top higher bottom chart structure. It has formed a large bullish candle on the daily chart backed by a surge in volumes. A bullish crossover has also been witnessed on the weekly MACD indicator.
Buy/Sell Range Target Stop Loss
Buy(cash) 92-92.5 99 88
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 M.A
JSWENERGY 15055 92.8/58 74

TCS - BUY

Stock TCS
Recommendation The stock is in a rising channel pattern and has given a strong bounce from the lower end of the channel. It has also formed large bullish candle on the daily chart and has good strength on the MACD Histogram.
Buy/Sell Range Target Stop Loss
Buy (cash) 2692-2702 2820 2618
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 M.A
TCS 516417 2774/2154 2522

AVENUE SUPERMARTS - BUY

Stock AVENUE SUPERMARTS
Recommendation The stock has managed give a breakout from its sideways consolidation on the daily and weekly chart chart backed by a surge in volumes.
Buy/Sell Range Target Stop Loss
Buy (cash) 1176-1182 1240 1142
NSE Code Market Cap(Rs in Cr) 52-week High /low 200 M.A
DMART 73641 1289/558 970

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