Five stocks that are likely to gain this week
Shriram Transport Finance Company | BUY | Target Price: Rs 1,060
After sharp corrective declines from 1200 levels, the stock formed a bottom at 925. With it now moving above all of its moving averages, this bottom has been confirmed.
Mahindra Holidays and Resorts India | BUY | Target Price: Rs 400
Post corrective decline, a couple of signals have emerged which point towards upward revision at prices. The stock took support for multiple times at its 100-DMA. OBV did not decline during the corrective move and it is a bullish sign.
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