{"type":"rich","version":"1.0","title":"Stock picks of the day for March 20, 2019","description":"Siemens Limited: Buy| Target: Rs 1140| Stop Loss: Rs 980| Upside 9%\n\nThe stock has taken support around Rs 940 levels in the recent past and took a V-shaped recovery to once again reclaim above its long-term moving averages.\n\nFrom the technical front, the stock has formed an inverted head and shoulder pattern on the daily charts and is on the verge of a breakout above the neckline of the pattern formation.\n\nSo, traders can accumulate the stock in the range of Rs 1040-1050 for the upside target of 1140 levels with a stop loss below 980.\n\nAsian Paints Limited: Buy| Target: Rs 1568| Stop Loss: Rs 1385| Upside 8%\n\nThe stock has been maintaining its bull trend on broader charts and last week a breakout in prices has been observed after a prolonged consolidation.\n\nWhile this week, the follow-through buying has emerged into prices once again as the stock has given a breakout above the symmetrical triangle pattern on daily interval along with positive divergence on secondary oscillators.\n\nTraders can accumulate the stock in a range of 1450-1455 for the upside target of 1568 levels with a stop loss below 1385.\n\nHavells India Limited: Buy| Target: Rs 837| Stop Loss: Rs 715| Upside 10%\n\nThe stock has been maintaining its bullish trend and seen trading in a rising channel with the formation of higher highs and higher low pattern on a daily & weekly interval.\n\nThis week we have observed a fresh breakout in prices above the bullish flag pattern which can trigger next up move in prices moving forward.\n\nSo, traders can accumulate the stock in a range of 760-765 for the upside target of 837 levels with a stop loss below 715.","author_name":"Moneycontrol Podcast","author_url":"https://audioboom.com/channels/4937727-moneycontrol-podcast","provider_name":"Audioboom","provider_url":"https://audioboom.com","width":480,"height":95,"thumbnail_url":"https://audioboom.com/i/34550959/600x600/c","thumbnail_width":600,"thumbnail_height":600,"html":""}