The private equity market concluded yet another
week on a depressing note as both the caption indicator Sensex and Nifty lost
over 2 per cent in the last five discussions. On Friday, the S&P BSE Sensex
established at 33,307, down 44 points while the immense Nifty50 index of
National Stock Exchange (NSE) ended 16 points lower at 10,227.Here's a look at the
5 stocks which are likely to surge in the coming week –
Zee Entertainment Enterprises | BUY | Target Price: Rs 590
j
The stock is trading in a falling corrective channel since
last couple of weeks and has found a support at its 200-DMA which also
coincides with a multi-month pattern support. Daily MACD is likely to report a
positive crossover and RSI, while remaining neutral is seen breaking out from a
formation. A fresh buy signal has emerged on the Stochastic on the Weekly Chart
with a bullish divergence against the price
GE Power India | BUY | Target Price: Rs 870
After testing highs near 1,050, the stock has remained in a
corrective downtrend over past couple of weeks. Showing a classical case of
reversion to the mean, the prices show few indications which are likely to lead
it higher.
Read More:- List of Top Stocks
No comments:
Post a Comment