On the basis of the fundamental and technical analysis, following are some of the stocks that you need to buy in the month of June, this year.

Buy Hindustan National Glass & Industries, target Rs 113

Hindusthan National Glass & Industries Limited was incorporated on 23 February 1946. It is registered at Registrar of Companies, Kolkata and is classified as non-gov. Believing the data, its authorized share capital is Rs. 5,114,999,800 and its paid up capital is Rs. 179,107,136. The company manufactures glass and glass products. Its Annual General Meeting was last held on 18 September 2017 and as per records from Ministry of Corporate Affairs, its balance sheet was last filed on 31 March 2017.

Buy Nava Bharat Ventures, target Rs 163

Nava Bharat Ventures Limited is a diversified organization with interests in power generation, ferroalloys, mining, and agri-business. It is in business for four decades and operates in different geographies spanning across India and Africa.

Buy Aditya Birla Capital; target of Rs 199

Aditya Birla Capital Limited part of the Aditya Birla Group. It is a Non-Banking Financial Institution. It is a subsidiary of Grasim Industries and manages assets worth Rs 2.46 trillion and had over 12,000 employees as of March 2017.

People use technical analysis and Candlestick Patterns to anticipate the price movements. Candlestick patterns are most commonly used by many traders. Some of the important candlestick patterns are doji pattern, engulfing pattern, inverted hammer and many more. The doji pattern and engulfing patterns are representatives of a Trend Reversal. The bullish engulfing and bearish engulfing are the two different types of engulfing patterns. These candlestick patterns are extensively used to generate intraday trading tips for the stock market. There are many candlestick patterns which are the characteristics of trend confirmation and trend reversals. The doji pattern is a signal for the trend reversal. It is represented by a small plus sign. It indicates that the bulls and the bears are balanced and there is a possibility of trend reversals. Thus the doji candle at the end of a trend is considered to be a trend reversal signal. If the doji signal is seen at the end of an uptrend then a trend reversal and a downfall is anticipated. If the doji is seen after a downtrend a trend reversal with rising candles is anticipated. Thus the trend reversal can be characterized by a doji signal. Similarly, there are engulfing patterns which are also the characteristics of the trend reversals.

The post Top Three Stocks to Buy In June 2018 – Good Bets appeared first on Money Classic Research | Intraday tips and trading strategies.