
Stock to buy today: Market experts recommend these eight stocks for 27 March
Subscribe to enjoy similar stories. Current market price: ₹739.45 | Buy range: ₹720–745 | Profit goal: ₹865 | Stop loss: ₹678 | Timeframe: 2–3 months. Current market price: ₹528 | Buy range: ₹510–532 | Profit goal: ₹615 | Stop loss: ₹488 | Timeframe: 2–3 months.
Also read: Is the cement sector consolidation at its fag end? Buy at ₹179 | Target ₹188- ₹192 | Stop loss ₹173.80 The stock gave a rectangle breakout yesterday. Also, one can see a long consolidation on the chart between 150 and 180. The one-hour RSI is at 64, indicating strong momentum.
Buy at ₹10,980 | Target ₹11,375 | Stop loss ₹10,725 On the hourly chart, the stock has given a falling wedge breakout at the 10,000 level and has rallied up to 11,000. The bullish momentum is still intact on the hourly chart, and the stock continues to form a higher-high-and-higher-low pattern. Buy at ₹2,845 | Target ₹2,955-2,975 | Stop loss ₹2,760 The stock’s hourly RSI is at 60.
It has also given a breakout on the upper side from a falling wedge channel pattern. Volume was high yesterday, and strong buying was seen in the last half-hour of the trading session. A good rally is expected in this stock in the coming days.
Also read: Nifty rejig and the problem with index-based valuation Buy ₹535 | Stop loss ₹520 | Target ₹575-590 After a sharp drop in the past few weeks, prices are showing positive divergence in the last few days, indicating an inclination to resume the upward move. A long body candle close in the past two trading sessions highlights continued positive sentiment. As momentum is seen rising above important RSI zones, consider going long.
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