IRCTC, Bajaj Fin: 3 stocks that Nilesh Jain of Anand Rathi is bullish on
BUY IRCTC | TARGET: Rs 1,620 | STOP LOSS: Rs 1,460 The stock was in a consolidation mode for the past two months and, now, it has breached the major neckline on the daily chart. It is likely to make an attempt to fill the gap which is placed at 1,600 levels. The momentum indicator RSI has reversed from oversold territory and MACD has provided a buy crossover on the daily chart which hints of fresh upside momentum in the counter. BUY BAJFINANCE | TARGET: Rs 5,800 | STOP LOSS: Rs 5,330 The stock has provided a breakout from a double bottom pattern and scaled towards fresh new highs. On the d...
Source: business-standard.com