Monday, 21 January 2019

StocksIdeas for Tuesday 22 JAN 2019 by Epic Research

UBL – Stock outperformed well with good volumes and gave a breakout of trend-line and 52 weeks high on a closing basis. The RSI has also shown the strength on the daily chart. We recommend buying above 1492 for the target of 1507 with the stop loss of 1480.

ZEEL – Stock was weak for the day with below average volumes and closed near to days low. The CCI is showing weakness and the RSI is also showing downtrend on the daily chart. We recommend selling below 434 for the target of 428 with the stop loss of 440.

MINDTREE – Stock performed well in the early hours of the day but couldn’t maintain itself to be in positive and closed near to days low. It also formed shooting star on the daily chart. It also has strong resistance of trendline on the daily chart. We recommend selling below 874 for the target of 859 with the stop loss of 888

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