Infosys, Reliance Industries, Tech Mahindra, Kotak Mahindra Bank, HCL Technologies, ITC and ONGC offer a good buying opportunity.

Indian stock market witnessed rally for the last three trading sessions and investors felt relief as many stocks had declined significantly. Among the major gainers for the week were Tata Consultancy Services Ltd (TCS), HDFC Bank, HDFC, Infosys, Hindustan Unilever, Kotak Mahindra Bank and ICICI Bank.

Markets gained from lower levels and buying was witnessed on Wednesday. Investors turned bullish on Thursday and Friday ended with smart gains. Among top 10 Indian stocks, seven companies gained during the week. Small investors mainly invest in mid-cap and small-cap companies and the trend in both these segments is still not positive. Mid-cap stocks of many well performing companies are trading at a lower price.

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|