HOLDING PERIOD – THREE to SEVEN DAYS
NEYVELLI LIGNITE (CASH – Rs.135) :
The stock has given a strong breakout and should be bought above Rs.138. The target of the stock works out to Rs.145 and Rs.151. Higher target of Rs.164-166 is also possible. Stop loss of Rs.127 should be kept. The higher target of Rs.166 might take around 15 trading sessions to achieve.