Market Trading Guide: Hindustan Zinc, TVS Motor among 5 stock recommendations for Friday

After the strong bull run witnessed 3 months back, the stock had corrected significantly from the peak of the 807 level and recently consolidated near the 650 zone. It has improved the bias with a decent pullback and a positive candle formation visible on the daily chart to form a Flag Pattern. A breakout is anticipated along with a further rise in the coming days.

(Shiju Koothupalakkal - Technical Research Analyst, Prabhudas Lilladher)

The stock has witnessed a short correction period from the peak level of 2,520. It has taken support near the 2,300 zone, thereafter witnessing a pullback with a positive candle formation on the daily chart to form a higher low pattern. It has improved the bias to anticipate further rise.

(Shiju Koothupalakkal - Technical Research Analyst, Prabhudas Lilladher)

The stock has been consolidating for quite some time hovering near the significant 50-EMA level of 132. It has currently indicated a series of positive candle formations to improve the bias. It has further scope for an upward move in the coming days. With the RSI indicating a steep rise to strengthen the trend signalling a buy, we anticipate to carry on with the positive move further ahead.

(Shiju Koothupalakkal - Technical Research Analyst, Prabhudas Lilladher)

On a daily timeframe, KSB has recently broken out of a Symmetric Triangle pattern, suggesting a potentially positive trend for the stock. What's particularly promising is the gradual increase in trading volume, indicating more investors are getting involved and showing confidence in the stock.

(Virat Jagad, Technical Analyst, Bonanza Portfolio)

Mastek is showing bullish signs on its daily chart, forming a Cup and Handle pattern and has recently formed a positive candle. The Relative Strength Index (RSI) has resumed its upward trajectory, contributing to an overall optimistic sentiment by trading near its high.

(Virat Jagad, Technical Analyst, Bonanza Portfolio)

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)Mastek is showing bullish signs on its daily chart, forming a Cup and Handle pattern and has recently formed a positive candle. The Relative Strength Index (RSI) has resumed its upward trajectory, contributing to an overall optimistic sentiment by trading near its high.

(Virat Jagad, Technical Analyst, Bonanza Portfolio)

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)