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Monday, 13 November 2017

Stock to watch for 14th NOV

MIND TREE

The stock is currently consolidating around its resistance level 507-510, MACD has given positive crossover on daily chart and RSI is placed at 65.25 levels.

Breakout will be considered above 510 level and target of 517-525 may achieved with a stop loss of 502.


KPIT

KPIT is in bullish trend and also consolidating around higher levels. KPIT has formed resistance of 163 and it is consolidating just below 163 and trading above its 25 days moving average.

We recommend buying KPIT above 163 and a target of 166-170 may achieved with a stop loss of 159.50.


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