Buy JP Power, Tata Steel, UCO Bank: Vayalar

Manoj Murlidharan Vayalar OF IIFL PREMIA is of the view that one can buy JP Power, Tata Global, Tata Steel and UCO Bank.

Vayalar told CNBC-TV18, “One can keep stop loss of Rs 35.80 in Jaiprakash Power; on the upside it can go upto Rs 38.20. Tata Global Beverage was trading at around Rs 161, keep stoploss at Rs 158, expecting target of Rs 172. Tata Steel is at Rs 434, Rs 431 should be stop loss and target will be Rs 444. One can buy UCO Bank with a target of Rs 81. Keep a stop loss of Rs 75.80.”