Manas Jaiswal of manasjaiswal.com told CNBC-TV18, "Apollo Tyres was facing some resistance near to Rs 195 for last ten trading sessions but today it broke that resistance with higher volumes. So, I am expecting a sharp upmove. For the next one or two trading sessions the target would be around Rs 204. So, one can buy it with a stop loss of Rs 194.""I have a buy call on JSW Energy because after the correction a few days back, the stock took support near to 50-day moving average (DMA). It has started making higher tops and higher bottoms on the intraday chart. Now it is trading above 200 DMA. So, I am expecting a sharp upmove in JSW Energy. It can test Rs 98 soon, so one can buy it with a stop loss of Rs 92," he said."One can buy Syndicate Bank. The stock made a strong base near to Rs 75-76 and is making higher tops and higher bottoms. Fifteen days back, it broke its 50-DMA. The stock has potential to test its 200 DMA which is placed near to Rs 101, which is our target. The stop loss should be Rs 94.50," he added.
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