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Top stock picks from Chandan Taparia of MOSL: Buy IOC, JSW Steel

Here are a few trading ideas by Chandan Taparia, Derivatives and Technical Analyst & PFA at MOSL

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<b> Photo: Shutterstock <b>

Chandan Taparia New Delhi
Here are a few trading ideas by Chandan Taparia, Derivatives and Technical Analyst & PFA at MOSL:
 
Stocks:
 
INDIAN OIL CORP
Reco: BUY
Last Close: Rs 387
Stop Loss: Rs 376
Target: Rs 410

 
It has been holding the gains above 376-379 zone from last four trading session. Recently it formed a triangle pattern on daily chart and breakout of the pattern is intact with long accumulation. Thus, recommending to buy with the trading stop loss of 376 for a potential upside target of 410.
 
JSW STEEL
Reco: BUY
Last Close: Rs 204
Stop Loss: Rs