Stock recommendations for February 17, 2020 - February 21, 2020

Buy/sell stock recommendations for this week.

Feb 15, 2020 05:02 IST India Infoline News Service

 
Stock Pick Observation
Company Lux Industries Ltd  
The stock is trading in a strong higher top higher bottom, indicating a positive bias. The stock has given a bullish flag pattern breakout of the weekly chart and has entered into the positive territory of MACD Histogram, indicating a strong price momentum going forward.

Recommendation
Buy or Sell Buy
Range Rs  1620-1625
Target Rs  1695
Stop Loss Rs  1575
Duration 1 week
200 D-EMA Rs 1321
NSE Code LUXIND
                
Stock Pick Observation
Company Siemens Limited The stock has witnessed selling pressure since the start of the February series and has added short positions. It is also trading in a lower top lower bottom chart structure and has given a consolidation breakdown on the daily chart.

Siemens
Recommendation
Buy or Sell Sell (Fut)
Range Rs  1400-1415
Target Rs  1370
Stop Loss Rs  1437
Duration 1 week
200 D-EMA Rs  1387
NSE Code SIEMENS
 
 

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