Buy Jyoti Structures: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com told CNBC-TV18, "Jyoti Structures has made a strong base near Rs 40 just above the 200 day moving average. Today it has broken its resistance of Rs 46 with decent volumes. So, we may see further recovery and it can test Rs 53 in next two to three trading sessions. One can buy the stock with a stoploss of Rs 45."

On September 12, 2014 Jyoti Structures closed at Rs 48.75, up Rs 2.45, or 5.29 percent. It has touched an intraday high of Rs 49.60 and an intraday low of Rs 45.75.