INDIAN BEST STOCK ADVISORY FIRM
Indian equities are expected to open higher amidst volatile global cues. As the benchmark index has formed an intermediate base around last week’s low, buying pressure on account of fresh long build-up and short covering could escalate in today’s trade.
Following are the 3 stocks which can trade with a positive bias in today's trade.
Indian equities are expected to open higher amidst volatile global cues. As the benchmark index has formed an intermediate base around last week’s low, buying pressure on account of fresh long build-up and short covering could escalate in today’s trade.
Following are the 3 stocks which can trade with a positive bias in today's trade.
Symbol
|
CMP
|
Reasoning
|
View
|
Potential Reward
|
Potential Risk
|
Akzo Nobel India
|
Rs1947
|
Stock has formed a bullish engulfing candlestick pattern and has seen an uptick in volumes. The stock has also seen positive momentum on the weekly MACD histogram.
|
Bullish
|
~+3%
|
2%
|
Rupa & Company
|
Rs435
|
Stock is one verge of witnessing a flag pattern breakout on the daily chart. The stock has also witnessed positive momentum on the weekly MACD histogram.
|
Bullish
|
~+3%
|
2%
|
Ultratech Cement
|
Rs3851
|
The stock has witnessed short covering in derivative segment.
|
Bullish
|
~+3%
|
2%
|
The Key to making Money in stocks is not to get scared out of Them.
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