Indian markets have been hovering around their all-time high for the past two months and majority of index stocks have gained in the rally which was witnessed towards the end of year 2019.

Indian markets have declined after Union Budget. Many stocks have declined and are available at good valuations for medium to long term investors. Investors can check some stocks recommendations, mainly based on technical analysis by CapitalAim.

Stock Recommendations By CapitalAim....

DABUR : BUY| Above : Rs 441| Target: Rs 459| Stop loss: Rs 423|

DABUR is sustaining above the 20-day moving average on the daily chart and consolidating upward. MACD has shown upward crossover on the daily chart and RSI on the same chart is looking strong, which is now placed at 68.59 levels. The 50-day moving average has crossed over upward the 120-day moving average on the daily chart.

BERGER PAINTS : BUY| Above : Rs 361| Target: Rs 375| Stop loss: Rs 345|