Vishal Jajoo of Nirmal Bang Securities recommends buying Jindal Steel & Power and Amtek India.
In CNBC-TV18's popular show Bull's Eye, Vishal Jajoo of Nirmal Bang Securities shares his trading strategies for the day.
One can buy IFGL Refractories. The steel industry in India as well as the developed economies had hardly picked off with signs of revival seen across the globe. The steel industry is place at a strategic level of inception and we see that the re-factory segment should see a decent up taking. Thus it has already been reflected in the latest numbers.
One can buy Kopran. The company has operationally turned around last year it has been posted decent set of numbers. The worst is behind as far as the stock is concerned. It is yet to participate in this pharmaceuticals rally and the way has seen the other large cap as well as mid caps stocks making decent strike, Kopran is yet to participate. This stock has got a long way to go. I won’t be surprised over the next two years if it turns out to be a huge multibagger.
One can buy Amtek India. It is a stock which has corrected more than 20 percent from its 52 weeks high levels. Auto ancillary stocks are picking up as far as the stock prices goes and they are getting reflected as far as the demand in the overall auto segment goes. Amtek India has got a long way to go.
One can buy Jindal Steel & Power (JSPL). The present price of JSPL doesn’t capture the inherent asset value that the company has created for all these years. On top of it the latest announcement which comes in favour of the company should turn out to be a catalyst in the near term.Are you happy with your current monthly income? Do you know you can double it without working extra hours or asking for a raise? Rahul Shah, one of the India's leading expert on wealth building, has created a strategy which makes it possible... in just a short few years. You can know his secrets in his FREE video series airing between 12th to 17th December. You can reserve your free seat here.