Post Diwali You Must Buy These Stocks – Find the List Here

November 8, 2018

Get a complete list of stocks that have touched their 52 week lows during the day.

Ashok Leyland

On the weekly chart, Ashok Leyland Ltd has turned upwards after breaking out of a Wolfe Wave pattern. Further, a sustained trade above Rs 121 will extend the up move taking it higher towards levels of Rs 135-142.

On the daily chart, it has broken out from an inverted Head & Shoulders pattern suggesting bullishness. Moreover, the RSI has also turned upwards after taking support at the 40-level suggesting higher levels in the coming trading sessions. The stock may be bought in the range of 118-122 for targets of 135-142, keeping a stop loss below 109.

Coffee Day Enterprises

On the weekly chart, Coffee Day Enterprises Ltd has turned upwards after taking support at the lower end of the channel pattern. Further, a sustained trade above 284 can extend the up move to levels of 310-325

Further, on the daily chart, the stock has broken out from a consolidation phase and turned upwards suggesting bullishness. The RSI has also turned upwards after taking support at its 40-level suggesting extended bullishness in the coming trading sessions. The stock may be bought in the range of 275-279 for targets of 310-325, keeping a stop loss below 253.

PVR

On the weekly chart, PVR Ltd. (PVR) has broken out from a bullish Wedge pattern indicating a resumption of the uptrend in the stock.

Further, the stock has turned upwards after taking support at the 50% Fibonacci retracement level placed at Rs 1,235 affirming strength dominant. The stock may be sold in the range of Rs 1,418-1,425 for targets of Rs 1,580-1,650, keeping a stop loss below Rs 1,320.

 

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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