We have collected some hot stock based on both fundamental and technical basis across various web sources that are on radar to be trade on this week:
ITC: The stock has been consolidating at around 280 – 285 and has maintained above the 34WMA moving average to indicate a positive bias and currently has shown a positive candle pattern in the daily chart to signify strength and potential to rise further in the coming days. With good consistent volume participation witnessed, we recommend a buy in this stock for an upside target of 305 keeping a stop loss of 268. (Sources: Business Standard)