This week short-term recommendations for the next 10 to 15 days

SCRIP NAME SECURITY ID SECURITY CODE INDUSTRY EXCHANGE CURRENT MARKET PRICE STOP LOSS
WIPRO LTD. WIPRO 507685 IT Consulting & Software BSE 263.80 255.00
HCL TECHNOLOGIES LTD. HCLTECH 532281 IT Consulting & Software BSE 928.35 900.00
General Insurance Corporation of India GICRE 540755 General Insurance BSE 727.25 715.00
BHARAT HEAVY ELECTRICALS LTD. BHEL 500103 Heavy Electrical Equipment BSE 77.35 73.00
BANK OF INDIA BANKINDIA 532149 Banking BSE 100.70 93.00
  • 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.

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

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