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Wednesday, 8 November 2017

Stocks to Watch on 9th Nov

ITD CEM

The stock has given resistance level breakout on closing basis and also macd has given upward crossover and we have witness high volume from past 5 preceding days.

Breakout will be considered above 197 level and target of 206-208 may achieved with a stop loss of 192


RUPA 

RUPA has given trend line breakout above 454 level on Tuesday but due to lack of high volume any big movement has not been seen and now it is consolidating above its support level and also MACD has given positive crossover and also RSI is positive and placed at 65.04 level. 

We recommend to buy Rupa above 472 and a target of 479-487 may achieved with a stop loss of 464


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