New Delhi, Feb. 27 -- * Fiem Industries: Buy above Rs.1,420, stop Rs.1,395, target Rs.1,550-1,580
This counter from the auto industry has now given a strong breakout above moving average bands, indicating that the revival emerging despite the market weakness spells some buying emerging at lower levels. Tuesday's trading action highlights that the rise in prices is supported by volume and could now result in some revival. The RSI showing some firmness indicates that the trends are in a revival mode and could set some pace to the upside. Buy.
* Nath Bio-Genes: Buy at Rs.161, stop Rs.156 target Rs.171
This counter after the recent capitulation indicating some steady buying interest developing at lower levels as the supports offered by the...
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