
Three banking & financial services stocks to buy today: Ankush Bajaj's recommendations for 4 April
Subscribe to enjoy similar stories. The Indian stock market witnessed a volatile session on Thursday, as investors remained cautious amid global economic uncertainties and tariff decisions from the US. Why it’s recommended: The stock has given a triangle pattern breakout on the hourly chart, with bullish momentum supported by RSI above 60 on the daily chart.
Key metrics: RSI: 62, Volume surge on breakout, 52-week high: ₹87.20 Technical analysis: Triangle breakout confirmed; strong support seen around ₹55, RSI strength supports continued upside. Risk factors: Sensitive to rate hike cycles and PSU banking sentiment. Buy at: ₹60.35 Target price: ₹66– ₹70 in 2–3 weeks Stop loss: ₹54.90 Why it’s recommended: The stock has exhibited bullish behaviour with strong support at lower levels, signaling a potential trend reversal.
Key metrics: RSI: 62, Volume surge on breakout, MACD 1.43,ADX 17.75 Technical analysis: Stock has given an upper breakout of a falling wedge pattern on the daily chart and also a triangle breakout on the hourly chart, indicating strong upward momentum. Risk factors: Potential market volatility and sector-specific risks could impact stock performance. Buy at: ₹156.60 Target price: ₹180– ₹185 in 2–3 weeks Stop loss: ₹145 Why it’s recommended: The stock has shown bullish signs with strong technical indicators supporting upward momentum.
Key metrics: RSI (Daily): 61.7, Volume above 10-day average, 52-week high: ₹450 Technical analysis: Stock has given a rising wedge breakout on the hourly chart, and RSI above 60 on the daily chart confirms ongoing bullish momentum. Risk factors: Sensitive to interest rate movements and NBFC sector regulations. Buy at: ₹350.45 Target price: ₹408– ₹415 in 2–3 weeks Stop loss:
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