Confused with the Stocks to Buy today? Here we suggest you to buy few stocks with the reason of buying.
1. Power Finance Corporation
BUY Power Finance Corporation ( PFC ) at Rs. 120 with the
TARGET of Rs. 132 and STOPLOSS of Rs.
114.
Why to Buy Power Finance Corporation?
The stock is showing signs of bottoming out. This Stock hits
a low of Rs. 97 at the start of the month and since then it is gradually moving
higher. On Friday the stock broke out from a triangle formation. The rising
trend line support is placed at Rs 115 which is going to add strong support on
any declines.
2. Bata India
BUY Bata India above Rs. 850 with the TARGET of Rs. 920 and
STOPLOSS of Rs. 820
Why you should Buy Bata India?
The stock has signalled a trend reversal on the daily chart,
in fact it has reversed from a neckline of bearish head and shoulder formation.
Indication of a bearish pattern is going to provide strong momentum in the
counter in the coming day. The stock has also taken strong support at 200 day
moving average.
3. United Spirits
BUY United Spirits above Rs. 2,250 with the TARGET of Rs. 2,500
and STOPLOSS of Rs. 2,130
Why you should Buy United
Spirits?
The weekly chart of United Spirits continues to be in a
strong higher top-higher bottom cycle despite the correction seen from Rs 2,700
to Rs 2,000 levels. Going forward the momentum oscillators on the daily chart
are positively poised as well as the daily as well as weekly chart structure
signal positive outcomes over the next couple of trading sessions.
4. LIC Housing Finance
BUY United Spirits above Rs. 170 with the TARGET of Rs. 185
and STOPLOSS of Rs. 164
Why you should Buy LIC Housing Finance?
The daily chart of LIC Housing shows positive divergence on
the momentum oscillators also the price action seen in the last two trading
sessions seems positive.
