MENU

Published on 29/03/2019 4:11:40 PM | Source: Religare Securities Ltd

Technical Recommendation 29-03-2019 - Religare Securities

Now Get InvestmentGuruIndia.com news on WhatsApp. Click Here To Know More

Stocks to watch:

BHEL

BHEL (CMP:74.10) has seen positive change in Open Interest in this series compared to the last series. On the daily chart it’s price pattern and momentum indicators are suggesting further upmove. BHEL has a good support at around 68 & resistance around 82. 1. Buy BHEL between 71-72 with stop loss of 68 for target of 82.

 

TATAGLOBAL

TATAGLOBAL (CMP: 201.50) On the daily charts, the stock is trading around its crucial support zone i.e 193-195. Price movement and open interest data suggests further up move in the stock. Near term support is around 193 and resistance is at around 215. 1. Buy TATAGLOBAL between 198-199 with stop loss of 193 for target of 215.

 

RBLBANK

RBLBANK (CMP: 687) On the daily charts, stock has breached its crucial resistance zone off lately. Current price pattern and oscillator indicators are suggesting it may trade with positive bias in the short term. RBLBANK has a good support at around 662 & resistance near 715. 1. Buy RBLBANK in cash between 677-680 with stop loss of 662 for target of 715.

 

To Read Complete Report & Disclaimer Click Here

 

For Religare Securities Ltd Disclaimer http://old.religareonline.com/research/Disclaimer/Disclaimer_RSL.html   

 

Above views are of the author and not of the website kindly read disclaimer