5 Technical Stock Recommendations From Sharekhan

Based on technical analysis, brokerage firm Sharekhan has identified 5 stocks that traders can buy for the short term. Given below are the details.

1. Eicher Motors Limited

Sharekhan has suggested buying a stock of Eicher Motors for a few days, with a target price of Rs 3,711 per share at a stop loss of Rs 3,638 per share. Its 52-week high is at Rs 3,886 and its 52-week low is at Rs 2,585.30. Its last traded market price is Rs 3,640.70 per share, which is up by 0.84% on an intraday basis.

2. Bata India Ltd

Buy stock of Bata India for a few days, with a target price of Rs 1,564.9 per share at a stop loss of Rs 1,529.9 per share. Its 52-week high is at Rs 2,003.60 and its 52-week low is at Rs 1,380.85. Its latest market price is Rs 1,566.25 per share, which is up by 2.04% over the previous trading day.

3. Infosys

According to the brokerage firm, Infosys stock can be bought for 1-5 days, with a target price of Rs 1,350 per share at a stop loss of Rs 1,262 per share. Its 52-week high is at Rs 1,672.45 per share and its 52-week low is at Rs 1,215.45 per share. Its last traded market price is Rs 1,300.60 per share, up by 0.17% on an intraday basis.

4. Marico Ltd

Sharekhan has suggested buying a stock of Marico in 1 to 2 days, with a target price of Rs 536.9 per share at a stop loss of Rs 525.9 per share. Its 52-week high is at Rs 554.05 and its 52-week low is at Rs 462.95. Its current market price is Rs 527.50 per share, which declined by 0.64% over the previous trading day price.

5. Bharti Airtel Ltd

According to the brokerage firm, Bharti Airtel stock can be bought for 1-15 days, with a target price of Rs 830 per share at a stop loss of Rs 525.9 per share. Its 52-week high is at Rs 877.10 per share and its 52-week low is at Rs 629.05 per share. Its last current market price is Rs 821.70 per share, it is up by 2.58% on an intraday basis.

Disclaimer:

The stocks have been picked from the brokerage research of Sharekhan. Greynium Information Technologies, the Author or the brokerage house will not be liable for any losses caused as a result of decisions based on the write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.