BUY CROMPTON @ 220.55 & MPHASIS @ 965.30
So here are the Latest Stock Tips from Stock Market.
CG Power and Industrial Solutions, previously known as Crompton Greaves is an Indian multinational company engaged in design, manufacturing, and marketing of products related to power generation, transmission, and distribution based in Mumbai.
Traders from Short Term horizon, can buy the stocks of Crompton at current levels. Because, stock formed a Bullish Pattern on Thursday at a support of Rs. 215 with above average volume. Relative Strength Index of the Stock is hovering at 52 which is just a bit above Neutral Zone. As a result Internal Stock Strength and Positive sentiment are making this stock Bullish. Moving Average Convergence/Divergence is also showing positive signal.
Current Price : 220.55
Target Price : 225
Stop Loss : 217
Mphasis is an IT services company based in Bangalore, India. The company provides infrastructure technology and applications outsourcing services, as well as architecture guidance, application development and integration, and application management services.
Traders can buy this Stock at current levels. As this stock was in Bearish Trend from 28 Feb’19 and formed a Bullish Engulfing Pattern on Thursday with above average volume. Relative Strength Index of the Stock is currently hovering at 42. Which is below Neutral Zone and a positive sign to buy the stock. 21 Day Moving Average is intersecting with 50 DMA. Which makes this stock stand out from the crowd with positive sentiments.
Current Price : 965.3
Target Price : 985
Stop Loss : 950
As per my Last Trading Tips on PNB Housing Finance, it’s a very good opportunity and you will see 20-22% gain in next 2-3 months.
Please share your comments/suggestions if you are getting benefited from these Stock Tips. I would love to hear from you if I can be any help on your portfolio or any specific Stock that you want to discuss.
Note: Above mentioned Stock Tips are based on Technical or Fundamental Analysis however, Stock market is always volatile and risk is always included in the investment. Author is not liable for any losses.