Stocks to buy this week: Anuj Gupta suggests these five shares to buy
Renuka Sugar: It is advised to buy RENUKA SUGAR with a stop loss at 39 and a target of 60. The stock shows a strong breakout on the charts, along with a bullish engulfing pattern and is trading above two months' high levels.
PNB: The recommendation is to buy PNB with a stop loss at 50 and a target of 85. The stock is trading above three years high levels, showing a bullish chart pattern, and higher top higher bottom formations with substantial volumes.
Ashok Leyland: A buy is suggested for Ashok Leyland with a stop loss at 160 and a target of 220. The stock is trading at lifetime high levels and exhibits a strong chart pattern, bullish candlestick pattern, and robust results, indicating an expected bullish rally.
Grasim: A buy is recommended for Grasim with a stop loss at 1735 and a target of 1950. The stock displays strong momentum, a bullish candlestick pattern, and is trading above eight months' high levels, indicating fresh buying activity with rising volumes.
NTPC: It is advised to buy NTPC with a stop loss at 177 and a target of 220. The stock has a strong chart with rising volumes, a fresh breakout on the charts, and is trading above two weeks' high levels.Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!
. Read more on livemint.com
