NSE Stock picks for 4/1/17

With Midcaps showing some resilience in yesterdays trade, it may continue on to today’s trade.Oil marketing companies are hitting on their resistances. IOC has crossed the resistance area, Basmati rice companies like LT foods,Kohinoor etc are showing strength. Engineering and transporting companies are also breaking out of their resistance areas.

Today’s NSE stock picks are given below.

1.A2Z engineering 

LTP- 45.65

SL-43.3

RR-HIGH

2.PEARL POLYMERS

LTP-24.9

SL-23.65

RR-HIGH

Some stocks showing strength,which can be kept in watch list are; LT FOODS(LTP-316.45 SL-300) IL&FS TRANSP (LTP-111.3 SL-110.3) CHEMFAB ALKALIES (LTP-299.75 SL-284.76) IOC ( LTP-345 SL-327).

NOTE;RR-Risk Reward ratio( Higher the RR, the better)

Leave a Comment

Your email address will not be published. Required fields are marked *