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.
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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