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Buy Voltas, NIIT, Amara Raja Batteries: Vishal Malkan

Vishal Malkan of malkansview.com recommends buying Voltas, NIIT and Amara Raja Batteries.

December 18, 2015 / 14:03 IST
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Vishal Malkan of malkansview.com told CNBC-TV18, "I would buy Voltas because it has consistently been trading above the important resistances of Rs 295 in the last couple of trading sessions with good volumes. So, I will go with a buy on that with a stop loss of Rs 295 for targets of Rs 320.""NIIT has shown good performance in the last couple of trading sessions, closing above that important resistance of Rs 95-97 and trading at almost Rs 100 right now with good volumes. So I will go with a buy on that with a stop loss of Rs 97 for targets of Rs 110," he said."Amara Raja Batteries is forming bullish patterns on daily chart as well as weekly chart at an important support of Rs 850. I will buy the stock with a stop loss of Rs 845 for targets of Rs 890."

first published: Dec 18, 2015 01:59 pm

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