NSE stockpicks for 2 August 2017

Vguard after disappointing results(which was expected due to GST disruptions)has bounced back and held on to the strong support at 180. Seeing the steep fall was alarming, since it had moved up on expectations on the previous few days. Now the stock clawed back to 180, hope is still alive.

ASHOK Leyland has broken above 110 and trading at 111 now,  this stock can move up. Nifty direction is very important at this juncture, it has moved up quite high in the past few days, but midcaps have not caught up with the rally. Hope they do so,  soon and dont get caught up in the correction in the offing(Hope is a dangerous thing!)

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