Stock Ideas 22 May 2018
SBIN - Stock has given a short correction in past few sessions with volumes. We have seen doji pattern on daily chart in today's session. We recommend buying from current level for the target of 255 with the stop loss of 247.
INFRATEL - Stock is in consolidation phase from past few trading sessions. The stock is trading near to 200 DMA & EMA on hourly chart and given closing in the red candle on the hourly chart. We recommend selling around 325 - 324 level for the target of 315 with the stop loss of 330.
NATIONALUM - Stock has performed well today with good volume breakout on the daily chart. We have seen death crossover on the daily chart and the stock is trading near to 200 EMA on the daily chart. We recommend selling around 75 for the target of 70 with the stop loss of 77.