Friday, September 19, 2014

Stocks to watch for 19-Sep-14

BULLISH STOCKS for next 4-5 trading sessions:
REC, cmp 269.4, buy near 263-268 for upside target of 279-284-289-294, keep stop loss at 260
JPASSOCIATES, cmp 35.25, buy near 31-34 for upside target of 37.4-39-44-49, keep stop loss at 30
IOC, cmp 378.1, buy near 376-372 for upside target of 389-399, keep stop loss at 364

RELIANCE, cmp 988, looks like it will bounce back to 1024-1049, but be careful, trade with strict stoploss of 15 points from entry price.

Please note the above prices are for cash market only, next week is F&O expiry. Trade with extra caution.