Special Report For This Week: Super 4 Stocks for BTST

1.HDIL

Technically In daily chart Housing Development and Infrastructure we saw there is a formation of double bottom pattern and the level of neck line is 64.70 and at level of 60 it break the resistance of trend line and the price sustain above the trend line. Yesterday HDIL closes negative at price 63.50 and last week it form new day high that we are expecting there is formation of hook reversal pattern and to make correction it can once touch the level of 59. So, the investor can take long position when the prices can retrace upto the level of 59 or can wait till the breakout of neck line 64.80, And wait for the resistance where we saw a gap in chart that we are expecting it can fill this gap level of 72. And can put the risk part below the level of 52.
 

2.PC JEWELLER

Technically in daily time frame it made a support of 293. Whole week is prices were sustained above the Fibonacci retrace resistance of 38.2% and the level is 384. At 50% retracement there is a another resistance level of 415 if it break this level it can further breach to the next retracement level of 61.8% that is 440. So, the investor can take long position in PC jeweler above the level of 415 and can book the profit when it comes to the level of 440 and the next would be 475. And can put the risk part below the level of 360. PC Jeweller is not so worried and expects things to settle down with the upcoming wedding season. With the company largely catering to wedding jewellery, which is almost a compulsory purchase, the demand could get postponed but would not evaporate.

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.Nucleus Software Exports Limited

The overview for the stock Nucleus Software Exports is bullish. The stock break consolidation range in daily chart and continue the trend in near term. Following a medium-term downtrend, the stock found support at around 175 in late September and subsequently changed direction triggered by positive divergence in the daily MACD indicator and started the trend upwards. Reinforcing the uptrend Nucleus Software gained 10 per cent with good volume breaking through its immediate resistance at 250 on last week. This up move has also conclusively breached its 50- and 200-day moving averages. The daily RSI has entered the bullish zone from the neutral region and the weekly RSI is on the brink of entering this zone. Moreover buying interest is seen as the daily as well as weekly price rate of change indicators are featuring in the positive territory. The stock can reach the price target of 300 and 302 in the short term. Buy the stock with a stop-loss at 265.