Diwali Picks 2023

Ruchit Jain Ruchit Jain

Last Updated: 9th November 2023 - 11:46 am

Listen icon

Apollo Hospital 

Buy Range – 5100-5000        Support Levels – 4900/ 4620        Potential Targets – 5590/ 5750 

Apollo HospitalRationale

  • Stocks forms support base at 4700-4750

  • Low volumes during correction

  • RSI oscillator gives positive crossover

Voltas

Buy Range – 810-800        Support Levels – 790/ 745        Potential Targets – 895 / 950 

VoltasRationale

  • Stock is going through a time-wise corrective phase

  • Major support at monthly 89 EMA

  • Rising volumes in recent upmoves

GAIL

Buy Range – 123-120 Support Levels – 116/ 111 Potential Targets – 135/ 144

GAIL

Rationale

  • Stock is trading in a rising channel

  • Major support at 100 DEMA

  • RSI oscillator gives positive crossover

NIACL

Buy Range – 140-135 Support Levels – 130/ 124 Potential Targets – 155/ 169

NIACLRationale

  • Stock is forming ‘Higher Top Higher Bottom’

  • Major support at weekly 20 EMA

  • Volumes rising gradually

GodrejProp

Buy Range – 1760-1720 Support Levels – 1660/ 1580 Potential Targets – 2000/ 2170

Godrej PropRationale

  • Stock has given a breakout from consolidation phase

  • Major support at daily 100 EMA

  • Sectoral trend positive, stock resuming its uptrend post consolidation

FREE Trading & Demat Account
+91
''
By proceeding, you agree to our T&Cs*
Mobile No. belongs to
hero_form

Indian Stock Market Related Articles

Top Growth Stocks Trading at a Discount

by 5paisa Research Team 4th Nov 2024

Best Gold ETFs in India

by 5paisa Research Team 22nd Nov 2024

Best Corporate Bonds in India

by 5paisa Research Team 4th Nov 2024

Top 10 Best Government Bonds in India

by 5paisa Research Team 4th Nov 2024

Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.

Want to Use 5paisa
Trading App?