Short term momentum calls for 18th August, 2016
We have identified three stock picks for the day, which could move upside along with the current momentum. The stocks are:
1. MAHSEAMLES
Having rebounded from the weekly low this stock has the potential to move higher for a quick rebound. We could expect a quick 4% - 5% gains in this counter.
2. KESORAMIND
This stock is in a perfect bull channel for past several weeks. We expect this to continue as there is still room for more upside in this stock.
3. GUJALKALI
The winning streak continues for the bulls in Guj Alkali. Though the run has been very fast and swift; the volumes data suggests more upside is intact for this counter.
1. MAHSEAMLES
2. KESORAMIND
3. GUJALKALI
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