Indraprastha Gas Buy Call

Technical Analyst Deepak Mohoni has suggested investors to buy the delivery of Indraprastha Gas if the stock manages to stay above Rs 152 after 3 pm. The Delivery call is given based on the technical charts of the stock.

One can expect decent returns on Monday from Indraprastha Gas. The stock may offer around 5 – 7 percent return in early trades. This can be a good point to exit, but in case the investors can stay long, the stock looks promising.

Indian Stock markets have performed really well on Friday. The markets remained strong for the whole trading session. There were couple of times, when the stock markets witnessed selling pressure and lost their gains, but they recovered very quickly. The markets ended the day higher and NSE Nifty is expected to open with an upward gap of 50 points on Monday.