Stock Recommendations: BHEL, Moser Baer, Reliance Capital
Indian Stock markets are feeling pressure for past three trading sessions. Nirmal Bang Securities has suggested two sell calls and one buy call for traders.
BHEL, The RSI has given a fresh sell signal, if the stock trade below its 13-day EMA of 1575, then sell with a stop-loss of 1630. Target price for BHEL is 1505-1440.
Moser Baer, Buy on dip and hold, huge volumes witnessed today, strong support 58-54. The stock has a major resistance at Rs 67. Buy with Target price of 69-78 in 1-5 trading sessions.
Reliance Capital: Stock is capped in a range of 495-530, if breaks 495 sell stop-loss 517. Target of Rs 475 - 430.
The recommendations are based on research and stock market analysis by experts at Nirmal Bang Securities. Investors should trade with strict stop loss.