Wednesday, March 16, 2016

6 stocks to buy for new bull market on 16th march 2016

6 stocks to buy for new bull market on 16th march 2016
While doing technical scans following 6 stocks came up on radar.
All have resisted the sharp correction in Indian stock markets.
All these buys are for 6months to long term.These are not for day trading.
Also these are technical buys,so we have not examined their financials.

1.Asian Paints Ltd
CMP:Rs 868.80
Cuurently Buy with daily closing stop loss of Rs 800 and hold .

2.Ashok Leyland Ltd
CMP:Rs 95.40
Cuurently Buy with daily closing stop loss of Rs 86  and hold .


3.Apollo Tyres Ltd
CMP:Rs 167.40
Cuurently Buy with daily closing stop loss of Rs 158  and hold .
 
4.Bharti Airtel Limited
CMP:Rs 337.80
Cuurently Buy  at CMP with daily closing stop loss of Rs 324  and hold .

5.Chennai Petroleum Corporation Limited
CMP:Rs 194.40
Cuurently Buy  at CMP with daily closing stop loss of Rs 183  and hold .

6.Ceat Limited
CMP:Rs 1074.15
Cuurently Buy  at CMP with daily closing stop loss of Rs 987  and hold .



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