New Delhi, March 12 -- Top stock recommendations by MarketSmith India for 12 MarchTrent Ltd: Current market price: Rs.4,995.45 | Buy range: Rs.4,850-5,050 | Profit goal: Rs.6,200 | Stop loss: Rs.4,650| Timeframe: 1-2 months
Coal India: Current market price: Rs.379.05 | Buy range: Rs.370-382 | Profit goal: Rs.430 | Stop loss: Rs.349 | Timeframe: 1-2 months
Also Read: Investing 101: How to identify a fraud company
Hindalco: Buy at Rs.695.50 | Target Rs.740-750 | Stop loss Rs.676
On the daily chart, the stock is showing bullish momentum. The RSI is above 60, indicating strong buying pressure. The MACD line is above the signal line, confirming a positive trend. Additionally, the ADX is above 25, signaling strong trend strength.
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