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Weekly Derivatives Synopsis and Recommendations (24 Nov 17) - IndiaNotes.com
Weekly Derivatives Synopsis and Recommendations (24 Nov 17)
Asit C. Mehta | Published: 27 Nov, 2017  | Source : IndiaNotes.com

Weekly Recommendation

JUBLFOOD (1806.8) - The stock has seen Open Interest addition of 35.85% along with positive price action indicating long  build up. Technically, the stock has witnessed breakout of its short-term consolidation and registered 52 weeks high. The stock can be bought in the range of 1790-1800 with a stop loss of 1770 on closing basis for a target of 1840-1860.


Target: 1860 Stop Loss: 1770


NTPC (180.85) - The stock has seen Open Interest addition of 33.46% along with positive price action indicating long build up. Technically, the stock has witnessed a trend breakout on the daily scale. The stock can be bought in the range of 179-180 with a stop loss of 177 on closing basis for a target of 185-186.


Target: 186 Stop Loss: 177

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