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Stocks to Watch for Monday

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Stocks to Watch for Monday

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  1. Stock to Watch for Monday Heidelberg Cement India The Stock is technically very strong on charts backed by robust 2nd Quarter result. The sock has formed symmetric triangle pattern on daily chart and on Friday it gave break out of the pattern with heavy volume and also breaks all-time highs, closed at Upper Circuit of 20% at 156.6. The stock adds 36 points on Friday. The target for the triangle pattern is expected to be around 190. We can expect another record breaking trading session on Monday for the stock and it can touch 185-190 on Monday itself. 142 and 136 are the key support levels and works as a stop loss. Earlier on Friday the company has declared the it has doubled its net profit in quarter 2.

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