Stock recommendations for February 24, 2020 - February 28, 2020

Buy/sell stock recommendations for this week.

Feb 20, 2020 10:02 IST India Infoline News Service

Stock Pick Observation
Company Marico Limited
 
The stock on the daily chart has moved above previous high, which suggests rising bullishness. In addition, price has shown positive divergence with daily RSI. The sentiment looks promising for further upside in the stock.

marico chart
Recommendation
Buy or Sell Buy (Cash)
Range Rs  303-307
Target Rs  323
Stop Loss Rs  297
Duration 1 week
200 D-EMA Rs  350
NSE Code MARICO
 
Stock Pick Observation
Company Godrej Properties Limited
On the daily chart, price has formed a piercing candlestick pattern, which is a bullish reversal candlestick pattern. Price has risen with the backing of volume in the latest action. Hourly RSI is in bullish crossover and rising. The sentiment looks promising for further upside in the stock.

Recommendation
Buy or Sell Buy (Cash)
Range Rs  1105-1113
Target Rs  1155
Stop Loss Rs  1089
Duration 1 week
200 D-EMA Rs  944
NSE Code GODREJPROP
 

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