Best Stocks to Buy Based Upon Technical Analysis 17.05.2021

Best Stocks to Buy Based Upon Technical Analysis 17.05.2021

Stocks Buzzing on Trading Charts

We have identified these stocks on the basis of certain trading patterns emerging on daily and weekly charts. These stocks are positional trades that can be kept in the portfolio with 15 to 30 days. Traders have the choice to either close the trade on intraday basis incase they are making good profits. Our suggestion is to hold these stocks till target achieved or stop loss hit. Higher the Risk Reward ratio better it is with ideal ratio 2 times or above.

Google Ads

Best Stocks to Buy

  1. BRITANNIA, CMP: 3501.45  Action: Buy Near CMP ,Target: 3750, Stoploss: 3390,  Risk Reward Ratio: 2.23 times, What to do? Hold till target meet or exit if stop loss hit.
  2. HCL TECH, CMP: 910.35 Action: Buy Near CMP ,Target: 1052, Stoploss: 885,  Risk Reward Ratio: 5.59 times, What to do? Hold till target meet or exit if stop loss hit.
  3. HDFCLIFE, CMP: 670.6 Action: Buy Near CMP ,Target: 710, Stoploss: 655,  Risk Reward Ratio: 2.53 times, What to do? Hold till target meet or exit if stop loss hit.
  4. MUTHOOT FINANCE, CMP: 1167.95 Action: Buy Near CMP ,Target: 1225, Stoploss: 1145,  Risk Reward Ratio: 2.49 times, What to do? Hold till target meet or exit if stop loss hit.

Google Ads

Are You Making Losses? Why?

Open Your Demat account and enjoy the benefit of proper guidance and lowest brokerage

Join our community to get proper update on Trading Calls

This Post Has One Comment

  1. akhil

    Hi

Leave a Reply