STOCK RECOMMENDATION FOR MONDAY MARKET
Technical View: Stock is consolidating above 200 days moving average and formed crucial resistance level of 255 with MACD and RSI showing buy signal. Previous day stock has formed doji candle stick pattern with gap down opening followed by strong positive bullish candle with gap up opening, which is strong bullish signal.
We recommended traders to BUY CMI CABLES ABOVE 255 level and target of 258-263 may achieved with a stop loss of 251.
Best Shares To Buy & Sell For Monday Trading Session
Technical View: Stock Is Trading at Crucial Trend line Resistance level breakout with some consolidation which makes breakout stronger with MACD giving upward moving crossover and rsi is also stands at breakout level.
| SCRIPT NAME | RECOMMENDATION | LEVEL |
| KOTHARI PRO | BUY ABOVE | 172.00 |
| IPCA LAB | BUY ABOVE | 664.00 |
| GRAPHITE | BUY ABOVE | 608.00 |
| POKARNA | SELL BELOW | 206.00 |
NIIT TECH FUTURE
We recommended traders to BUY NIIT TECH FUT ABOVE 842 level and target of 846-854 may achieved with a stop loss of 837.
CMI CABLKES
Technical View: Stock is consolidating above 200 days moving average and formed crucial resistance level of 255 with MACD and RSI showing buy signal. Previous day stock has formed doji candle stick pattern with gap down opening followed by strong positive bullish candle with gap up opening, which is strong bullish signal.
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