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Stock Tips: These five stocks have short term earning opportunity of 3-4 weeks

Highlights:

  • Astral Pipes stock is showing positive signs in short term on the technical chart.
  • Analysts also advised to buy UPI shares, share price may reach Rs 870
  • Aviation stocks are also rising for some time now, how many shares of SpiceJet will reach?

Micro. Purchasing Target Rs. 2650

In the pattern formed on the technical chart, the stock is trading near the lower band in an ascending channel. Analysts expect a reversal in the lower band of the channel. The stock is also supporting the 55-EMA line. Indicators such as MACD and RSI also indicate that the momentum is holding. In such a situation, the stock can be bought at the level above 2250. Keep a target of 2650 and a stop loss of 2,050.
(Analyst: Vijay Dhanotia, Head of Technical Research, Capitalway Global Research)

UPL. Purchasing Target Rs. 870

It looks like the stock is taking support at the 200-day EMA line. Earlier, a breakout was seen at Rs 700 level. It could see a turnaround at the support of the EMA 200 line, which is indicating an important level of Rs 700. Indicators like MACD and RSI also indicate a positive move in the stock. Analysts are giving buy call on the stock above Rs 790 with a target price of Rs 870 on technical parameters with a stop loss of Rs 690.
(Analyst: Vijay Dhanotia, Head of Technical Research, Capitalway Global Research)

Jubillion FoodWorks. Purchasing Target Rs. 4550

It appears that the stock is trading in an ascending order with support from the 100-day EMA line. Analysts believe that it could see a reversal from the lower band of the channel. Indicators like MACD and RSI are indicating bullish momentum. Analysts looking at prevailing benchmarks recommend buying the stock above Rs 3860 with target price of Rs 4550 including stop loss of Rs. Keep 3580.
(Analyst: Vijay Dhanotia, Head of Technical Research, Capitalway Global Research)

algae equipment. Purchasing Target Rs. 255

The stock is currently seeing an uptick in volumes. The weekly 14-period RSI is also trading above the 60 level. These things are giving a positive signal, which is an indication that the stock will rally in the near future. It can be bought at every discount from Rs.222 onwards. With a stop loss of 215, the share price is likely to reach Rs 255 in the next 3-4 weeks.
(Analyst: Nagraj Shetty, Technical Research Analyst, HDFC Security)

SpiceJet. Purchasing Target Rs. 94

Aviation stocks are showing signs of recovery in the past few weeks. At present, SpiceJet shares are taking support at Rs 85 level and its technical chart is also showing signs of recovery from here. The weekly RSI and weekly DMI/ADX patterns are showing a positive outlook. In this case each deduction can be bought afresh. Its price can reach Rs 94 in the next 3-4 weeks. Put a stop loss of Rs 80 in it.
(Analyst: Nagraj Shetty, Technical Research Analyst, HDFC Security)

Disclaimer: The purpose of the above text is to provide information only and not to give advice on buying or selling of any stock. Be sure to consult your financial advisor before making any investment.

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