Latest From Stock Exchange
NIFTY50 @ 11053
NIFTY FMCG @ 29710
NIFTY MIDCAP @4847
After a long bull run of Indian Stock Exchange, almost every potential stock is in overbought zone which may lead a negative return in near future. Any investment or trading needs a cautious action and close watch on the stock movement.
Some professional suggestions are as follows:
Buy Mirza International (NSE: MIRZAINT)
Currently @59.75 and this stock is moving with strong strength. RSI is moving towards positive zone. MACD of the stock is showing positive movement. Stock has got the support of 21-Day Moving Average. Given target can be achieved in a week.
Stock : MIRZAINT
Target : 83
Stop Loss : 51
Buy Hindustan Unilever (NSE: HINDUNILVR)
Stock : HINDUNILVR
Target : 1851
Stop Loss : 1665
Note: Above mentioned ideas 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.