| EXCHANGE | SCRIP NAME | SECURITY ID | SECURITY CODE | INDUSTRY | CURRENT MARKET PRICE | STOP LOSS |
| BSE | ICICI Prudential Life Insurance Company Ltd | ICICIPRULI | 540133 | Life Insurance | 434.60 | 422.00 |
| BSE | INDIAN HOTELS CO.LTD. | INDHOTEL | 500850 | Hotels | 148.25 | 138.00 |
| BSE | INDRAPRASTHA GAS LTD. | IGL | 532514 | Utilities:Non-Elec. | 338.80 | 330.00 |
| BSE | MOTHERSON SUMI SYSTEMS LTD. | MOTHERSUMI | 517334 | Auto Parts & Equipment | 113.50 | 102.00 |
| BSE | JK PAPER LTD. | JKPAPER | 532162 | Paper & Paper Products | 135.85 | 130.00 |
- Coming next 20 to 30 days above mentioned scrips will give more than 5% profit to the investors as per the technical analysis.
- Analysis is based on major technical tools Candlesticks Patterns, 20 Day & 8 Day Simple Moving Average (SMA), Moving Average Convergence Divergence (MACD) (12,26,9), Relative Strength Index (RSI) (14) and Parabolic SAR.
- This analysis for equities only.
- Markets raised to peak position on 20/09/2019. So, better to stay away from at least one week to 10 days.During this period, profit booking is expected.
Disclaimer: These recommendations are based on market technical analysis for short-term trading. There can be micro/macro news which can influence price trends. Hence, you are requested to do your own analysis before investing in the above scrips.
Ravi V
Stock Market Technical Analyst
