Buy These Stocks to Get Huge Gains in Next Three Weeks

November 13, 2018

Buy These Stocks to Get Huge Gains in Next Three Weeks

Jamna Auto

After marking a high around Rs 102, this stock has remained in a corrective decline. A fresh buy signal is seen on weekly stochastic. Keep the target price Rs 92 and Stop loss Rs 69.

Andhra Sugars

The stock is expected to reach its target of Rs 447 level over time. Hence, positional traders should buy into this with a stop below Rs 360 on a closing basis.

Power Grid

This counter is looking ripe for a breakout as volumes are picking up as it is moving towards its higher of the consolidation zone Rs 185-192 levels. Hence, on such a breakout it can swiftly move towards its initial target of Rs 203 level. In anticipation of a breakout, positional traders shall buy at current prices and add further if available around Rs 187 level with a stop loss below Rs 184 on a closing basis.

Star Paper

This counter appears to have registered a sustainable breakout above its 100-Day Moving Average which acted as a resistance in the past by thwarting the pullback rallies. With consecutive positive closes, it looks ripe for a decent pullback with targets placed around Rs 210. Hence, positional traders are advised to buy into this counter for a target of Rs 210 with a stop loss below Rs 174 on a closing basis.

Eveready Industries

This stock has provided a breakout from a falling wedge pattern and with that, it seems to have completed five waves declining structure. The momentum, indicator MACD has provided a buy crossover on the daily chart with a positive divergence whereas on the weekly chart the stock has provided a positive close, hence a 38.2% retracement of the entire fall is expected, so we recommend buying this stock.
 

About nehanchal

I am Nehanchal. 3 years ago, I started my career as content writer at Money classic Research. I am fascinated with this job and I feel habit of reading and writing enhances your skills. I love to write technical and health blogs. However, I am engineer turned writer and pursued graduation at Rajiv Gandhi Prodyogiki Vishwavidhyalaya.
By: nehanchal

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