Saturday, 18 November 2017

Stock to watch for 20th Nov

FORTIS FUTURE

The stock future is taking support of the trend line and sustaining above 130 levels above it. RSI has shown recovery from over sold zone and now above 30 levels. So we could expect recovery in the stock prices.

We recommended traders to buy FORTIS FUTURE above 131 level and target of 133-137 may be achieved with a stop loss of 128.


STAR

The stock has formed a wedge patter on daily chart and it is showing recovery from lower levels. MACD is showing convergence and RSI is showing buy signal so 30 levels after recovering from over sold zone.

We recommended traders to buy STAR above 793 level and target of 810-845 may be achieved with a stop loss of 768


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