New Delhi, March 5 -- * AMI Organics: Buy at current market price and dips to Rs.2,250, stop Rs.2,230, target Rs.2,500-2,550
This chemical stock has been undergoing a lot of pain and was subject to some intense sell-off. The last few days have been spent in consolidation, and now, with volatility expanding to the upside, one can look at some potential rise in store. Also, the rebound emerging in certain high beta stocks, and the recent profit booking dragging the prices into the moving average band support region are now spurring a rebound. With the relative strength index firmly in place, one should consider a long opportunity.
* Electrosteel Castings: Buy above Rs.96, stop Rs.93 target Rs.105-108
This counter, after the sharp drop se...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.