Stocksidea for Monday by Epic Research

JUBLFOOD – We have seen a profit booking in the stock today and it has a strong support of 200 EMA on the daily and on the hourly chart too. It has also shown some strength in the last hour of the day. We recommend buying from the current level for the target of 1250 for the target of 1235.
Gail – Stock has formed the second shoulder on the daily chart and closed near to days low with good volumes. It has formed a head & shoulder on the daily chart and trading at the neckline. We recommend selling from the current level for the target of 330 with the stop loss of 338.
FEDERALBANK – Stock has shown the weakness but recovered well in the last hour of the market. It has formed ascending triangle on the daily chart. We recommend buying from the current level for the target of 85 with the stop loss of 82.

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Posted in: Indian Market Tips