- Buy IVP Ltd. @ 48 with target of Rs 50-53 and stoploss of Rs 46.
- Buy TATA POWER above 1322 with target of Rs 1330-1335 and stoploss of Rs 1311.
- Buy ICSA-India Ltd. above 145 with target of Rs 148-150-155 and stoploss of Rs. 139.
It is advised traders to buy ICSA for target of Rs 155. A detailed study of the daily chart shows that the stock has corrected from the high of Rs 191 to touch a low of Rs 112 in May 2010.
A sustained rally past the levels of Rs 146 could see the stock attempting its 200-DMA (Rs 162). We recommend traders to buy the stock in the range of Rs 144-146 with a stoploss of Rs 139 for an initial target of Rs 155,” the note said.
A sustained rally past the levels of Rs 146 could see the stock attempting its 200-DMA (Rs 162). We recommend traders to buy the stock in the range of Rs 144-146 with a stoploss of Rs 139 for an initial target of Rs 155,” the note said.
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