The website, technicalanalysisofstocks, suggested to buy the stock of the company TCS with target of Rs 1045 and stop loss of Rs 915.
Shrikanth Shetty, Head-Equity advisor, Unicon Securities shared his picks in Economic Times.
Union Bank of India: There is a buy recommendation on this stock too with the target price of Rs 270 and a stop loss at Rs 240. Union Bank has had a breakout at Rs 248 levels on the daily chart, indicating that the short-term trend will remain positive. The stock has formed higher-top and higher-bottom formation, which indicates positive sentiment in short term trading with of decent volume support.
Your feedback is valuable to us. If you have an opinion, a question or would like to share your thoughts on stocks, investments, business policy or companies mail at money(at)oneindia(dot)co(dot)in
GoodReturns.in DISCLAIMER: GoodReturns provides you with information covering shares, futures and options based on broker's reports as stated on various media. Investors are, however, warned that they should NOT take any buy or sell decision based on these views expressed in the article. Investors should consult their own financial and share advisors before taking purchase or sale decisions. GoodReturns does not take any responsibility for any losses incurred by investors who take their cues from the above article.