Jindal Steel and Power
Jindal Steel is looking very nice in this chart and it is ready to break its good resistance level of 633. Last few trading session it moved under the range of 615 to 632. If it breaks its resistance level we can see next level of 640 and 645 in short term. One should take long position after 733 with stop loss of 715.
Praj Industries
Praj Industries is moving under a range and made long consolidation phase. If it break the level of 80 we can see next level of 85-90 in short term . One should take long position with stop loss of 75.
Sun Pharmaceuticals
Sun Pharma will be the best bet for the week,as technically its trend is bullish and right now it is in correction mode. It is having very good resistance at 1800 level if it crosses this level then the next target will be 1850,but 1850 is 52 week high for this stock thus selling pressure may be seen over here ,along with one can put the stop loss of 1748 or 1745 ,thus Sun Pharma will be best bet for the week.
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