24 Stocks Ideas With A Positive Buying Trend
Shares To Buy
Prabhudas Lilladher has come-up with its TECHNICALS DAILY MORNING REPORT by Vaishali Parekh, Vice President – Technical Research, Prabhudas Lilladher Pvt. Ltd. Here are some details from the report.
24 stock ideas with positive trend reversal
APL LTD, APOLLO TYRE, AUROBINDO PHARMA, BAJAJ FINANCE, CASTROL IND, COFORGE, EICHER MOTORS, FSL, GREENPLY, ICICI GI, IGL, INFY, ITC, M&MFIN, MOTHERSON SUMI, MPHASIS, ONGC,PIIND, PRAJ IND, TATA CONSUMER, TATA ELXSI, TVSMOTOR, UPL, WOCK PHARMA
Stocks that have moved over 200 day moving averages
DP WIRES, KOTHARI PRODUCT, PE ANALYTICS, NIIT, DHUNSERI VENT, WELSPUN ENT, BALRAMPUR CHINI., RELIGARE ENT, HLV, SYNGENE INTL, ASIAN ENERGY.
BANK NIFTY
According to the Prabhudas Lilladher report, BankNifty also witnessed a decent opening resisting near the 41700 zone and witnessing some profit booking to end the session near 41350 levels with bias still maintained positive and expecting further rise with 41000 as the near-term support zone. The index needs to cross the 41700-41800 zone decisively to give a breakout above the previous peak level and expect for next target of 43000 level. BankNifty would have the daily range of 41000-41800 levels.
NIFTY
Nifty opened on a strong note with a huge gap up and almost scaled the 17800 zone where it witnessed some resistance and gradually slipped as the day progressed ahead. The near-term support is strong near 17550 zone and further a decisive breach above 17800 would establish some conviction for carrying on with the momentum still further ahead for the next target of 18100 levels. The support for the day is seen at 17600 while the resistance is seen at 17900.
Stocks that have moved over 200 day moving averages
DP WIRES, KOTHARI PRODUCT, PE ANALYTICS, NIIT, DHUNSERI VENT, WELSPUN ENT, BALRAMPUR CHINI. RELIGARE ENT, HLV, SYNGENE INTL, ASIAN ENERGY
Disclaimer:
The article is picked from the report of Prabhudas Lilladher. We would not like to emphasize that the article is for information purposes only and should not be construed as investment ideas. Greynium Information Technologies and the Author, and Prabhudas Lilladher are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to consult with certified experts before making any investment decision.