HomeNewsBusinessStocksBuy, Adani Ports, L&T Finance Holdings: Manas Jaiswal

Buy, Adani Ports, L&T Finance Holdings: Manas Jaiswal

Manas Jaiswal, Technical Analyst at manasjaiswal.com recommends buying Adani Ports and L&T Finance Holdings.

November 12, 2014 / 15:11 IST
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Manas Jaiswal, Technical Analyst at manasjaiswal.com told CNBC-TV18, "Adani Ports is making higher tops and higher bottoms from the level of Rs 240 and today it has broken it's all time high of Rs 302 which it made in the month of August, this year. So, it has the potential to test Rs 312, so that is our short term target. It can test Rs 312 in the next two to three trading sessions. So one can buy the stock at current level and keep the stoploss below Rs 296."

"L&T Finance Holdings was moving sideways for the last two trading sessions in the range of Rs 70 and Rs 72 but today it has broken that range upside with heavy volumes and has given a confirmation of inverse head and shoulder pattern on the daily chart. So this stock can test Rs 80 in the next two to three trading sessions. So, one can buy it with a stoploss of Rs 72," he added.

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first published: Nov 12, 2014 02:46 pm

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