These Stocks will give much gain in this Week 30th Oct to 3rd November - Spare Web SIte

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Sunday, 29 October 2017

These Stocks will give much gain in this Week 30th Oct to 3rd November

Massive gains in the stocks of PSU banks and infrastructure firms helped equity benchmark indices scale fresh lifetime highs during the last week. On Friday, the S&P BSE Sensex settled at new closing peak of 33,157 whereas Nifty50 index of NSE shed 21 points to settle at 10,323.
Read More: Experts ideas & Calls for Monday 30th October 2017ABB | BUY | Target Price: Rs 1,490

The stock has been forming intermittent falling channels after every up move over past couple of months. Signals have emerged that some upward revision of prices can be seen over coming days.

MRF | BUY | Target Price: Rs 68,000

After marking highs near 74000-mark, the stock has been in a corrective decline within a large falling channel. There are high probabilities of a change in its intermediate trend and some pullback of prices may be seen.
Read More: Calls for Today 30th October (Monday) | Intraday, Stocks, Futures & OptionsMahindra & Mahindra | BUY | Target Price: Rs 1,440

After forming lows near 1230-1240 zones, the stock has successfully crawled back into the broad rectangle trading range. After the brief consolidation that it has witnessed, it is expected that the stock will see further upward revision of prices.

Siemens | BUY | Target Price: Rs 1,325

After a sharp decline from 1450-mark, the stock has seen itself accumulating in the present range wile forming an ascending triangle formation. Daily MACD stays in continuing buy mode. RSI has formed a higher bottom and has also marked a 14-period high which is bullish.

Read More: Stocks in Focus Today 30th October

ITD Cementation India | BUY | Target Price: Rs 190

The stock is seen forming a strong and bullish Ascending Triangle pattern over past couple of weeks. A breakout is likely on the upside given the other evidences present on the Chart.

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