Nifty Tips
Stock Tips-
Jubilant Foodworks after a bit of dip it has again picked up, this is now in a parabolic kind of phase, high moment phase which can easily take it up to Rs 580-600 that is a tall target but that is likely to happen because this stocks moves in large steps. Rs 315-320 is a strong resistance here and chances are that after this kind of a dip this stock finally takes out Rs 320 probably the financials are weak that is the reason its down. But I think it has got good support around Rs 255-260
Abhishek Industries is still within Rs 15-20 kind of band. It needs to move decisively past Rs 20-20.50 to show you the next move towards Rs 25
He further added, “India Cements was showing as if it is consolidating but suddenly it started to breakdown below that consolidation. In case Rs 98-99 is taken out decisively, you could see this stock going towards levels of Rs 74-78, so this cement stock is kind of breaking down.
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