Axis Securities: Technical Stock Picks For Diwali And Samvat 2077

Axis Securities: Technical Stock Picks For Diwali And Samvat 2077

Customers look at lanterns on display in a street during the festival of Dhanteras in the Dadar market area of Mumbai, India (Photographer Dhiraj Singh/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Axis Securities Report

The top stock technical picks for Samvat 2077 list includes an auto component maker, a telecom major, a steel manufacturer, FMCG maker, BFSI, Oil and Gas sector, a commodity exchange, logistics sector among others.

Top picks

Bharti Airtel Ltd
. - After a steep correction, the stock has found support near the 61.80% retracement levels indicating that the bulls have entered into the stock.

On the monthly timeframe stock has bounced after forming a big Doji candle formation indicating a change of trend to the upside.

Click on the attachment for Axis Securities full list of Diwali technical stock picks:

Axis Securities Technical Diwali Muhurat Picks .pdf
Read Document

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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