5 Stocks for next week (21st-25th Aug)

Stock

Petronet Lng

Recommendation

Petronet  Lng has managed to give a close above its resistance levels on the weekly chart. The stock is also in a higher top higher bottom chart structure.

Buy/Sell

Range

Target

Stop Loss

Buy (Cash)

226-229

252

213

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

532522 

PETRONET

34,380

236-158

200

Eicher Motors

Recommendation

Eicher Motors is seeing a strong uptrend, the stock has taken support along its weekly 10-EMA. The weekly MACD Histogram is also indicating good strength.

Buy/Sell

Range

Target

Stop Loss

Buy(Cash)

31400-31550

33600

29760

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

505200

EICHERMOT

85,817

32464/19570

26205

HUL

Recommendation

HUL has given a closing at its all time high; the stock has also formed a bullish engulfing candlestick pattern. We expect this uptrend to continue and recommend a buy in the stock.

Buy/Sell

Range

Target

Stop Loss

Buy (Cash)

1195-1204

1270

1145

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

500696

HINDUNILVR

259,930

1209/783

998

Piramal Enterprises

Recommendation

Piramal has shown weakens in the last few trading sessions giving a close below its short term EMA. In addition, the stock has shown weakness on the weekly MACD Histogram.

Buy/Sell

Range

Target

Stop Loss

Sell Aug Futures

2704-2714

2500

2852

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

 500302 

PEL

46,384

3008/1366

2333

Fortis  Healthcare

Recommendation

Fortis Healthcare has given a breakdown below its support levels on the daily chart. Furthermore, the stock has shown weakness on weekly MACD Histogram.

Buy/Sell

Range

Target

Stop Loss

Sell(Aug Futures)

145.5-147.5

134

154.6

BSE Code

NSE Code

Market Cap(Rs in Cr)

52-week High /low

200 M.A

532843

FORTIS

7,521

230/142

178