Saturday, 26 March 2016

Neyveli Lignite corporation Ltd.- Tomorrow's stock for intraday trading

Neyveli Lignite corporation Ltd. is looking very good on chart. One should buy this stock with strict stoploss of Rs.72/- for intraday 1st target of Rs.77.65/- and 2nd target of Rs.79/- and 3rd target of Rs.82/-. Short term investor should hold this stock. If this stock crosses the level of Rs.82/- then fresh momentum will come and then this stock may move to Rs.86/- to Rs.89/- The stock is looking very good and showing strength on chart. This stock has been closed above 50 days moving average of Rs.75/- on last trading session with huge volume of  almost 5 times more than its monthly average volume. One should ride on this momentum.

Discloser-
 I am not registered with SEBI and also not have any financial interest over any particular stock. Here  I share only my personal views and ideas of trading and investing in the Indian stock market. Before investing or trading one should consult his professional adviser or should take his own decision. I/blog author will not be responsible for any loss or profit due to trade or invest through effecting by my ideas or views. Before trading or investing one should apply his own mind or consult his professional financial adviser.
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