Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, RBL Bank and ACC are the top stocks to buy today:
RBL Bank – Buy in the range between Rs 173 & Rs 178; Stoploss: Rs 164; Target: Rs 205
RBL Bank has formed a small consolidation and has also broken out on the upside today. The momentum indicator has also given a fresh positive crossover below the zero line. The stock has corrected from the peak of 300 to the lows of 146 and the stock is expected to bounce for a 38% retracement i.e. 205. Key support at 164 & 160 and resistance at 184 and 205.
ACC – Buy in the range between Rs 1925 & Rs 1945; Stoploss: 1875; Target: Rs 2185
ACC has broken out of an inverted head and shoulder pattern and is expected to continue the uptrend. Momentum indicator has already given a positive crossover trading above the zero line. The stock has corrected from the peak of 2844 to the lows of 1778 and the stock is expected to bounce for a 38% retracement i.e. 2185. Key support is at 1875 & 1826 and resistance at 2020 and 2185.
Disclaimer: The opinions, analyses and recommendations expressed herein are those of brokerage and do not reflect the views of The Times of India. Always consult with a qualified investment advisor or financial planner before making any investment decisions.
#Top #stocks #buy #today #Stock #recommendations #March #Times #India
Business news,Top stocks to buy today,stock market tips,Stock market recommendations,RBL Bank stock recommendations,ACC stock analysis
latest news today, news today, breaking news, latest news today, english news, internet news, top news, oxbig, oxbig news, oxbig news network, oxbig news today, news by oxbig, oxbig media, oxbig network, oxbig news media
HINDI NEWS
News Source