NSE Stocks recommendations for 27/1/17

Banks have started moving again, along with housing finance companies.With budget on the doorstep, many stocks are crossing resistance based on hope.Let us not get too carried away.

Nifty stock picks for 27th january are

1.Jindal stainless

LTP-43

SL-40.85

2.Pincon spirit

LTP-78

SL-74.2

Other stocks showing good resistance breakouts are IDFC BANK(LTP-65.6 SL-62.3) LT Finance(LTP-101 SL-75.9) QUESS CORP(LTP-730.9 SL-694.4) CUB(LTP-148 SL-140.7) INFIBEAM(LTP-1269 SL-120.5) SRF(LTP-1709.7 SL-1624) TATA MOTORS(LTP-548.9 SL-521.4) IDFC BANK(LTP-65.6 SL-62.3) NILKAMAL(LTP-1598.9 SL-1519) STERLITE TECH(LTP-121.8 SL-115.7) CROMPTON GREAVES(LTP-`83.9 SL-174.7)

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