Sharetipsinfo has recommended to buy the stock of Infosys for positional futures, with a sell tag of Rs 2,390-2395; with a target price of Rs 2,315-2,430 and a stop loss at Rs 2430.
There is a buy on MOIL for the target price of Rs 320 and a stop loss at Rs 290. The stock is crossing the 13 days moving average with very high volume.
Vaishali Parekh, Prabhudas Lilladher, Technical Analyst, has recommended the following stocks in Economic Times.
Maruti Suzuki India: This stock has a recommendation of buy with a target price of Rs 1170 and a stop loss at Rs 1060. With a double bottom formation at Rs 1,050 levels, this stock is showing signs of stabilizing with high volume, & improving indicators in hourly & daily charts.
State Bank of India: Here too the recommendation is buy with a target price of Rs 2050 and a stop loss at Rs 1850. After a recent high at Rs 2,524 levels, this stock has seen a steep correction to make a low of Rs 1,809. A positive divergence in hourly & daily charts & higher volume are its favorable indicators.
Aurobindo Pharma: For this stock too the recommendation is buy with a target price of Rs 145 and a stop loss at Rs 130. This stock has been consolidating within a range of Rs 125-145 levels. Volume is improving along with rising RSI & favorable indicators in hourly charts.
JSW Energy: For this stock too, Parekh has recommended to buy the stock with target of Rs 70 and a stop loss at Rs 58. This stock is in a rising trend with a higher bottom & higher top formation with higher volume, the upside target likely is Rs 70 as indicators in hourly as well as daily charts are favorable along with a positive divergence in weekly chart calls for an upward movement.
Ranbaxy Laboratories: Here too the recommendation is to buy with a target price of Rs 520 and a stop loss at Rs 475. A higher bottom has been established in the daily chart with higher volume & positive MACD in daily chart with rising RSI.
FirstPost has recommended the following stocks
Petronet LNG: This stock has a buy above Rs 178, target of Rs 185. A government panel has recommended removal of import duty on LNG, which will make sourcing for Petronet LNG cheaper.
Allahabad Bank: The stock has a sell recommendation on it below Rs 162.40 for the target of Rs 155. One of the few banking stocks to react negatively to the hike in repo rates, Allahabad Bank has taken support near its year"s low.
Jet Airways: Here too the recommendation to buy above Rs 272.55, and the target is set at Rs 280. Jet Airways did not react too badly to the hike in prices of aviation fuel which were announced on Thursday evening, displaying strength in the counter.
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