Stocks To Buy: GAIL, NALCO, Reliance Industries And CSB Bank Among Top Stock To Buy | Check Share Price Target (image source: Times Now Digital)
Stock To Buy: GAIL, NALCO, Reliance Industries, CSB Bank are among the top stocks to buy in Tuesday market session on NSE and BSE. Top brokerages have recommended the stocks to buy with share price target and stop loss, which can be good money making ideas for investors.
Stocks To Buy Today
GAIL India Share Price Target
ICICI Securities has given a ‘BUY’ rating for the PSU stock setting the GAIL India share price target at Rs 199 per share. The brokerage also recommended a stop loss at Rs 194 per share.
NALCO Share Price Target
ICICI Securities has given a ‘BUY’ rating for the PSU stock setting the NALCO share price target at Rs 198 per share. The brokerage also recommended a stop loss at 177 per share.
Godrej Properties Share Price Target
Rupak De, Senior Technical analyst at LKP Securities has given a ‘BUY’ rating for the stock setting Godrej Properties share price at Rs 2,800 per share. The analyst also recommended the stop loss at 1,525 per share.
“The stock has given a swing high breakout on the weekly chart, indicating an improved interest building up in the stock. It has been comfortably positioned above the important moving average. The momentum indicator RSI (14) is experiencing a bullish crossover and is rising, currently at a value of about 65. Based on the current technical setup, it can be predicted that the stock might move towards 2800. A support level is placed at 2525” said Rupak De.
Reliance Industries Share Price Target
ICICI Securities has given a ‘BUY’ rating for the stock setting Reliance Industries share price target at Rs 3,270 per share. The brokerage also recommended a stop loss at Rs 2,790 per share.
CSB Bank Share Price Target
Rupak De, Senior Technical Analyst at LKP Securities has given a ‘BUY’ rating for the bank stock setting CSB Bank share price at Rs 440 per share. The analyst also recommended the stop loss at 397 per share.
‘The stock has given a flag pattern breakout on the daily chart, suggesting a rise in optimism. Besides, its price trading above a crucial moving average. The 21EMA and 55EMA exhibit a bullish crossover. The RSI signals bullish momentum in the price. Based on the current technical setup, it can be predicted that the stock might move towards 440. A support level is placed at 397,’ said Rupak De.
Indus Tower Share Price Target
Rupak De, Senior Technical Analyst at LKP Securities has given a ‘BUY’ rating for the stock setting Indus Tower share price at Rs 365 per share. The analyst also recommended the stop loss at 323 per share.
‘The stock has given a consolidation breakout on the daily chart, indicating an improved interest building up in the stock. It has been comfortably positioned above the critical rising moving average. The momentum indicator RSI (14) is experiencing a bullish crossover and is rising. Based on the current technical setup, it can be predicted that the stock might move towards 365. A support level is placed at 323,’ said Rupak De.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Times Now Digital suggests its readers/audience to consult their financial advisors before making any money related decisions.)
Read More: Money Making Ideas: Stocks To Buy: GAIL, NALCO, Reliance Industries And CSB Bank