Ideas From Stock Market

Best Nifty Stock Trading Ideas 6 Mar’19


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)

Currently @1700  RSI shows that the stock is in oversold zone which is a smart money move. Support to the stock has been provided by 200-Day Moving Average. Strong fundamentals put this stock in Investment category. Quarter on Quarter Earning per share is increasing. Return on Equity @ 77.57% & Return on Capital Employed @ 108.62% which is outstanding in peers comparison. Given target can be achieved in one month.
 

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.

1 comment on “Best Nifty Stock Trading Ideas 6 Mar’19

  1. Pingback: Latest From Nifty – 12 Mar’19 – Sensible Trades

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