

Recommended stocks to watch: Top stock picks by market experts for 13 March
Subscribe to enjoy similar stories. • Kolte Patil: Buy above ₹341, stop ₹332; target ₹360-366 This real estate counter, after undergoing a lot of volatility, is showing signs of bottoming out. The last few days have been displaying long-body bullish candles in this uncertain market, which has pushed the prices above the bands.
A strong breakout beyond the bands have indicated some bullish momentum. After biding some time and absorbing the volatility, we can look at the prices looking to extend. The steady upward bounce has pushed the ADX DMI (average directional movement index) into a buying mode, indicating the trends could push the prices higher.
Also Read: Stock market mayhem: Will history repeat itself? Laurus Labs: Buy above ₹585, stop ₹570; target ₹625-640 There has been some steady buying at moving average bands as the momentum tried to revive the prices from lower levels. With the cloud region offering some upward thrust, the possibility of the counter showing a bullish bias has gone up. Now, with the steady upward bias in the last few days, the dip into the moving average bands has attracted some buying interest in the last week, highlighting some steady resolve on the way up.
• Welspun Corp: Buy above ₹822, stop ₹805, target ₹845-870 The capital goods stocks counter, after some pullback action into the moving average band's support, is seen reviving once again. The formation of long body candle at the support region indicates that the trends are showing bullish bias from lower levels. As momentum is reviving from neutral zone look to initiate long.
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