Buy Ambuja Cements; target of Rs 137
Buy Elecon Eng; target of Rs 111
Buy L&T at current level
Reliance may rally to Rs 900
Hold Sterlite Technologies; target of Rs 64
Reliance may touch Rs 904 mark
Expect 20-25% return in Bharti Airtel, Idea
Arvind has support at Rs 71-73
JAIPRAKASH ASSOCIATES
R2: 81.18
R1: 78.57
PP: 77.08
S1: 74.47
S2: 72.98
TECHNICAL OVERVIEW
JP ASSOCIATES breached its support level today also and made intraday low of 75.60. The stock may face resistance from the level at 80 and support level at 72. In short term it is expected to consolidate with negative biasness and may test its support level.
Buy Elecon Eng; target of Rs 111
Buy L&T at current level
Reliance may rally to Rs 900
Hold Sterlite Technologies; target of Rs 64
Reliance may touch Rs 904 mark
Expect 20-25% return in Bharti Airtel, Idea
Arvind has support at Rs 71-73
JAIPRAKASH ASSOCIATES
R2: 81.18
R1: 78.57
PP: 77.08
S1: 74.47
S2: 72.98
TECHNICAL OVERVIEW
JP ASSOCIATES breached its support level today also and made intraday low of 75.60. The stock may face resistance from the level at 80 and support level at 72. In short term it is expected to consolidate with negative biasness and may test its support level.
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