Watch the interview of Manas Jaiswal, manasjaiswal.com with Ekta Batra & Nigel D'Souza on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Watch the interview of Manas Jaiswal, manasjaiswal.com with Ekta Batra & Nigel D'Souza on CNBC-TV18, in which he shared his readings and outlook on market and specific stocks.
Below is the verbatim transcript of Manas Jaiswal's interview with CNBC-TV18.
Most of the auto stocks are looking strong on the charts, TVS Motor Company is
making higher tops and higher bottoms from the level of Rs 220 and today it has broken an important resistance of Rs 280 with decent volumes. This stock has potential to test Rs 302 and that is our target. The stoploss should be below Rs 285.
Jaiprakash Associates is making higher tops and higher bottoms from the level of
Rs 23. The stock can test 50-day moving average which is placed at Rs 29. So even at current level one can buy JP Associates with a stoploss at Rs 25.75.
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