Business Standard

Technical calls for today's trade: Buy, JSPL, IOC and Kansai Nerolac

Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher

Vaishali Parekh  |  Mumbai 

Few trading ideas by Vaishali Parekh, Research Analyst - Technical Research at Prabhudas Lilladher: BUY JINDAL STEEL  CMP: Rs 114 Stop loss: 108 Target: Rs 125 JSPL is correcting from Rs 135 and has retraced to a low of Rs 105. The long term trend continues to be positive. RSI on daily chart shows signs of reversal, we recommend a BUY for a target of Rs 125. BUY INDIAN OIL CORPORATION  CMP: Rs 441.65 Stop loss: Rs 435 Target: Rs 460 IOC, already under a strong uptrend, has got in new round of momentum. RSI on daily chart, ...

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First Published: Tue, May 16 2017. 07:33 IST
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