

Recommended stocks to watch: Top eight stock picks by market experts for 7 March
Subscribe to enjoy similar stories. • Triveni Turbine Ltd: Buy above ₹536 | Stop loss ₹520 | Target ₹575-590 The strong rebound from lower levels combined with some genuine buying in this counter could now fuel some upside. Overall, there has been some steady buying at lower levels as a hammer bottom was formed in January-end highlighting a bottoming formation.
The RSI is seen rising ever since and is now inching higher. The prices are showing intention to step up and can be a good opportunity to go long at current levels. • Prism Johnson Ltd: Buy above ₹129 | Stop loss ₹126 | Target ₹137-140 This counter after dipping after some steady profit booking, the prices are seen reviving.
A positive divergence on the RSI, as seen on the charts around 120-125 levels in the last week, has some steady resolve on the way up. A long body candle close on the last two trading sessions highlights continued positive sentiment. With momentum showing the potential for further rise in store, one could consider going long.
• Monte Carlo Fashions Ltd: Buy above ₹599 | Stop loss ₹580 | Target ₹645-660 There are some strong recovery seen in select consumer stocks. MONTECARLO shares are in demand and the rise seen in the last session has given a strong breakout, with the possibility of further rise in store. The gradual resumption of upward momentum highlights more room at the top.
The attempt to move beyond the consolidation zone clearly highlights a strong case of bullishness. As RSI is seen rising and pushing the prices above recent consolidation. With a long-body candle firmly in place, we can look to initiate longs.
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