Stocks to buy this week: Experts suggest these six technical picks; do you own any?

livemint.com:

₹460-500 levels, which is also a potential reversal zone of the bullish bat pattern, the stock is trading above all critical daily exponential moving averages. Additionally, it has made a bullish divergence near the above-mentioned potential reversal zone, which is making it lucrative at current levels. "One can buy between ₹555-560 with an upside target of ₹620 and the stop loss would be around ₹520 on a closing basis," said Patel.

For the last two months, this counter has been making a base near its crucial support of ₹70-72 which was also its monthly central pivot range. From the indicator perspective, the daily MACD has given a bullish crossover above the zero-line which hints further upside in the counter. "One can buy in a small tranche in the range of ₹82-83 and another in the range of ₹76-77 ( if tested) with an upside target of ₹97 and a stop loss would be ₹73 on a closing basis," said Patel.

For the last three months, this counter has been making base near its crucial support of ₹290-300, which was also its monthly central pivot range. From the Indicator perspective, the weekly RSI (relative strength index) has rebounded from 45 levels, echoing further bullish bias in the counter. "One can buy in a small tranche in the range of ₹360-365 and another in the range of ₹340-350 (if tested) with an upside target of ₹430 and a stop loss would be ₹315 on a closing basis," Patel said.