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Stocks to buy today: Avenue Supermarts, KPIT Tech on MOFSL's watch list
Stock recommendations by Motilal Oswal Financial, June 19:
Buy DMart | CMP: ₹4,228 | Stop loss: ₹4,100 | Share price target: ₹4,450
Avenue Supermarts share price has given a breakout from 'Cup & Handle' pattern on the daily chart which is a positive sign. The breakout is supported by surge in volumes which has bullish implications. RSI indicator is rising, which confirms the upwards momentum. CATCH STOCK MARKET UPDATES LIVE
Buy KPIT Tech | CMP: ₹1,421 | Stop loss: ₹1,380 | Share price target: ₹1,500
KPIT Tech share price has given a trend line breakout on daily scale. It is perfectly respecting the 20-DEMA and inching higher. The MACD indicator is rising, which confirms the positive momentum.
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