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|

BERGER PAINTS has shown the upward breakout of a symmetrical triangle on the daily chart formed by trend lines drawn from the high of 29-Aug-2018 and from the low of 23-Oct-2018 on the daily chart. Also, it has breached the resistance levels at 350 levels on the daily chart. MACD on the daily chart showing buy signal and 20-day moving average on the same chart has crossed over upward the 50-day moving average.

KOTAK MAHINDRA BANK : BUY| Above : Rs 1536 | Target: Rs 1598 | Stop loss: Rs 1474|

KOTAK MAHINDRA BANK is now sustaining above 20-day & 50-day moving averages on the daily chart where the 20-day moving average has shown upward crossover of the 50-day moving average. MACD has converged upward on the daily chart and RSI on the same chart, is showing buy signal which is now placed at 56.97 levels.