Stock picks of the day on March 29, 2019

Syndicate Bank: Buy | Target: Rs 47| Stop Loss: Rs 41.5| Upside 9% 

The stock has shown immense strength in the last seven weeks and has rallied significantly. The stock has broken out a fresh from a ‘Double Bottom’ pattern on the weekly chart. We expect the stock to rally towards its potential target of Rs 47 in the medium-term.

InterGlobe Aviation: Buy | Target: Rs 1540 | Stop Loss: Rs 1397 | Upside 7%

The stock has been consolidating for the past four trading sessions and has finally broken out from a Pennant pattern on the daily chart.

The price outburst has also been accompanied by a smart uptick in traded volumes. Hold long positions with a stop loss at Rs 1397 on a closing basis.

Dish TV: Buy | Target: Rs 44 | Stop Loss: Rs 36.5 | Upside 12%

The stock has been under pressure for the past three weeks and is finally on the verge of a falling channel pattern breakout on the daily chart.

Positive crossovers on the RSI and rising volumes further accentuate our bullish stance on the stock. Hold long positions with a stop loss at Rs 36.5 on a closing basis.