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Buy NIIT Technologies, Cox & Kings: Systematix

Systematix Shares is bullish on NIIT Technologies, Cox & Kings and has recommended traders to buy both the stocks for the target price of Rs 460 and Rs 165 respectively in its research report dated March 06, 2014.

March 06, 2014 / 12:00 IST
     
     
    26 Aug, 2025 12:21
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    Systematix Shares' research report

    NIIT Technologies

    "NIIT Tech is trading above a rising trend‐line. It closed above 20 DMA. The risevolume since last 2 trading days, indicates accumulation at lower levels. RSI is at 60 with a positive crossover, indicating strength in the upmove. The stock is expected to rise from current levels. Traders can Buy the stock at or above 445 with a stop loss of 439 for a target of 460."

    Cox & Kings

    "Cox & Kings is consolidating within a rectangle pattern. It formed a bullish candle with a heavy rise in volume. Price is above 20 DMA. RSI is at 61, indicating a bullish bias in the stock. The stock may breakout to the upside from the pattern. Traders can Buy the stock at or above 148 with a Stop‐loss of 143 for a target of 165," says Systematix Shares research report.

    Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    first published: Mar 6, 2014 12:00 pm

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