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Five stock picks for 17 March, recommended by Ankush Bajaj and MarketSmith India
Subscribe to enjoy similar stories. Here are five stock picks for 17 March, as recommended by market experts Ankush Bajaj and MarketSmith India. Buy at: ₹332 | Target: ₹345-348 | Stop loss: ₹323 The stock is consolidating in the ₹340-305 range.
If it crosses ₹338, it may soon touch ₹360. On the lower timeframe (15-minute), the stock is forming a bullish pennant, indicating a potential breakout. The ₹320-323 zone serves as a strong base.
As long as the stock remains above this level, the bullish outlook remains intact. Buy at: ₹264 | Target: ₹278-282 | Stop loss: ₹257 On the hourly chart, the stock has formed a double bottom at the ₹257 level, which can act as a strong support. On the 15-minute timeframe, if the stock crosses the ₹266 level, it will break the upper channel of the falling wedge pattern, indicating a potential uptrend.
The target for this breakout is ₹280. Buy at: ₹1,250 | Target: ₹1,280-1,295 | Stop loss: ₹1,232 On the hourly chart, ADX is trading above 25 and RSI is above 60, indicating strong bullish momentum. The stock has formed a solid base at the ₹1,230 level, suggesting a continuation of the uptrend.
The first target is around ₹1,280, after which one can trail the stop loss to secure profits. Current market price: ₹2,025.65 | Buy range: ₹1,980-2,040 | Profit goal: ₹2,450 | Stop loss: ₹1,840 | Timeframe: 1-2 months Current market price: ₹ 672.80 | Buy range: ₹655-675 | Profit goal: ₹825| Stop loss: ₹610 | Timeframe: 2-3 months. Ankush Bajaj is a Sebi-registered research analyst. His registration number is INH000010441. MarketSmith India: Trade name: William O'Neil India Pvt. Ltd. Its Sebi-registered research analyst registration number is INH000015543. Investments in securities are subject to market
. Read on livemint.comThe same topic in other media
Stocks to buy today: Ankush Bajaj recommends three stocks for 26 March livemint.com / 1 year ago
Two stock recommendations for today: MarketSmith India's top picks for 26 March livemint.com / 1 year ago
Top stock picks by market experts: Recommended stocks to buy today 24 March livemint.com / 1 year ago
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