Live Markets »News & Advice»Latest Advice»Latest Advice Details
Latest Advice Details
Back

Stocks to buy today: Jet Airways, SBI, Kwality and RECL

Vaishali Parekh/Mumbai 19 Jun 17 | 08:16 AM

Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher:

JET AIRWAYS - BUY

Related Stories

    No Related Stories Found
Widgets Magazine

CMP: Rs 540.65        

TARGET: Rs 625    

STOP LOSS: Rs 500

The stock has recovered strongly from the bottom made at around 450 levels and has been on a good run up. It is anticipated to give a breakout above the previous peak level of 550 and to have a further upward move. The RSI is on the rise along with the MACD indicator. With good decent volume participation, we recommend a buy in this stock for an upside target of 625 keeping a stop loss of 500.

SBI - BUY    

CMP: Rs 285.95       

TARGET: Rs 310    

STOP LOSS: Rs 272

The stock has been consolidating for quite some time near the 280 levels and is gaining potential with rising volume participation. The RSI indicator which is hovering near the oversold zone has reversed it trend signaling a positive bias. The stock is anticipated to give a strong upward move and thus, we recommend a buy in this stock for an upside target of 310 keeping a stop loss of 272.

  

RECL - BUY   

CMP: Rs 187.40    

TARGET: Rs 220    

STOP LOSS: Rs 178

The stock has given a decent slow and steady correction from the peak of 222 to consolidate at around 184 levels. Also the RSI has been in consolidation phase for quite some time at the oversold zone and has given a trend reversal to signal a buy in this stock. We recommend a buy in this stock for an upside target of 220 keeping a stop loss of 178.

  

KWALITY - BUY     

CMP: Rs 152.95      

TARGET: Rs 170     

STOP LOSS: Rs 140

The stock has made a higher bottom formation pattern in the daily chart and thereafter has picked up well to give a strong upward trend. We anticipate it move towards it previous peak level of around 170 level and with the RSI on the rise and increasing volume participation, we recommend a buy in this stock for an upside target of 170 keeping a stop loss of 140.

Disclaimer: The analyst may have positions in any or all the stocks mentioned above.

Widgets Magazine

Sensex

Company Price Gain (%)
Dr Reddy's Labs2,281.554.01
O N G C181.651.54
Lupin848.351.27
Tata Motors414.301.00
Tata Steel706.050.86

Poll

Currently No Poll Available.

Online Portfolio

You can create Online Portfolio here using the below button.

Widgets Magazine