Today's Top Gainer
Note:Top Gainer - Nifty 50 More
|Company||Kotak Mahindra Bank Ltd||
The stock is trading in a higher top-higher bottom chart structure and has witnessed a positive bounce from its 200-DEMA.
It has also formed a bullish piercing candlestick pattern on the weekly chart and is on the verge of witnessing a bullish crossover on the daily MACD-Histogram.
|Buy or Sell||Buy (Cash)|
|Company||Dish TV India Ltd||
The stock has witnessed heavy selling pressure at its resistance levels and has formed a large bearish candlestick on the weekly chart.
It has also shown bearish momentum on the daily MACD-Histogram and is currently trading near its multi-year lows.
We expect the stock to trend lower in the following week and recommend a sell with a target price of Rs31.
|Buy or Sell||Sell (Jan Futures)|