Nifty stock picks for 20/4/17

Nifty has formed a hammer pattern in daily charts, it can be a bullish signal if there is confirmation today.If today’s low is higher than yesterdays low, then there maybe frenzy buying.Hold on to your positions unless there is a reversal.

1.India cements

LTP-174.45

SL-165.7

This stock has been recommended multiple times in this blog.Every time it breaks out it looks attractive, because it is a fundamentally strong stock.

2.JAIN DVR

LTP-66

SL-62.75

A2Z infra(LTP-47.7 SL-45.3) this stock is  good buy candidate if it crosses 50 level, the only problem being, it is near 50.

Fortis health(LTP-204.1 SL-193.9), this stock  has been on my radar for quite a long time.It had been languishing in the sub 200 levels for sometime now. It has broken above 200, which is a good sign.Can be bought, as it can become a multibagger.

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