Moneycontrol PRO
HomeNewsBusinessStocksBuy Ashok Leyland, Jubilant Food; Sell Biocon: GEPL

Buy Ashok Leyland, Jubilant Food; Sell Biocon: GEPL

GEPL Capital has come out with its report on top trading picks. The research firm recommends buying Ashok Leyland, Jubilant Food and selling Biocon.

December 07, 2011 / 17:30 IST

GEPL Capital has come out with its report on top trading picks. The research firm recommends buying Ashok Leyland, Jubilant Food and selling Biocon.

Ashok Leyland: After a high of 41 in 2010, Ashok Leyland witnessed a fall till 22 indicating a strong downtrend. The stock has been trading in the range of 24 & 28 forming a triangle pattern in the weekly charts. After a very long consolidation this counter has given breakout from its range trading activities and a close above its short term as well as long term moving averages, with strong volumes. This indicates a strong up move in coming time. In today

first published: Dec 7, 2011 04:07 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347