Monday 30 January 2017

Special Report: Super 5 Stocks for BTST

1.MARUTI

Yesturday prices of Maruti Suzuki closes positive at 5939 changes in percent is 1.9%. But in coming day as we see after affect of demonetization the sales of auto sectors get increased. In November-2016 maximum sales of model is Maruti Suzuki Alto is around 23320. As we can see that the new model in Maruti Suzuki Ignis is launched and the reviews are positive. Technically, in daily chart, overall trend is bullish and from last few days we saw there is consolidation formation. As now if it break the consolidation in coming day it break the 52 week high. Price sustains above the consolidation breakout level 5800. So, the investor can take long position when the prices break the level of 5960 it can further breach to the level of 6000- 6100 And can put the risk part below the level of 5850.
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2.YESBANK

In daily chart, overall trend is bullish, last week it traded in bullish rally, the prices closes at 1404 (-0.3). There is resistance of level at 1425 and the next level would be 1445. And there is immediate support at level 1380. In coming days due to positive quarterly result we expect that it can be retrace and touch the support level and then it can be good buying on that level. So, those investors can take buy position when the breakout of resistance level 1425 will do. And put the profit part when prices would comes at level of 1470-1500 with risk part of 1420. Yes Bank's third quarter earnings beat analysts' expectations on Thursday, with profit rising 30.6 percent to Rs 882.6 crore compared to year-ago period. The growth was driven by strong net interest income, other income and lower provisions.

 3.BGR Energy Systems Limited

The stock of BGR Energy looks strong in daily chart. The stock breaking the major resistance at 120, and gains around 10 percent in last week. The stock has been in sideways trends in wide range between 100 and 120. In late November, the stock found support at the lower boundary of this sideways range at 100 and reversed higher. The stock’s recent rally has emphatically breached its moving average compression (21-, 50- and 200-DMAs) at around 116. The daily relative strength index has entered the bullish zone from the neutral region and the weekly RSI is on the brink of entering the bullish zone. The stock is breaking upper resistance level at around 120. It can break through the immediate resistance at 120 and reach the near-term price targets of 129 and 135. Traders with a short-term perspective can consider buying the stock with a stop-loss at 115.

 4.RBL Bank Limited

The stock of RBL Bank Limited is strong bullish in near term. Investors with a short-term perspective can consider buying the stock of RBL Bank at current levels. RBL Bank Managing Director, said that the bank’s unexpectedly high loan growth in the third quarter. Net profit increased to 129 crore or 3.27 per share in the quarter ended December. On Friday, the stock jumped 6 per cent with above average volume breaking though a key immediate resistance at around 395. Since taking support at 285 in late September 2016, the stock has been trending upwards and has been on an intermediate-term uptrend. In late December, the stock took support at 330 and resumed its uptrend. It has been on a short-term uptrend since then. While trending up, the stock conclusively breached its 21- and 50-DMAs and now trades well above them. Buying interest is evident as both the daily and weekly price rate of change indicators hover in the positive territory. The short-term outlook is bullish for the stock of RBL Bank. Traders with a short-term horizon can consider buying the stock while maintaining a stop-loss at 385. Short-term targets are 415 and 440 levels.

5.Zuari Global Limited

The stock of Zuari Global limited looks strong in near term. Investors with a short-term perspective can consider buying the stock of Zuari Global at current levels. The stock found support at around 88 in mid-November 2016 and changed direction, triggered by positive divergence in the daily relative strength index. Since then, the stock has been on a short-term uptrend. In early January, the stock emphatically breached its 200-day moving average and a key resistance at 100. In last week, the stock jumped around 6 per cent with above-average volume, breaking through another key resistance at 110. There has been a rise in daily volumes over the past five trading sessions. . Both the daily and the weekly price rate of change indicators feature in the positive territory, implying buying interest. The short-term outlook for Zuari Global is bullish.

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