Neyveli Lignite Buy Call

For Neyveli Lignite Corporation, we had given a delivery call on Friday. You can even buy the stock for intraday in today’s trading session.

For intraday, Neyveli Lignite can be bought between Rs 212 – 220. The targets for the day are 230 and 242. Please keep a strict stop loss of Rs 206 for this counter. In case of delivery, the stop loss is Rs 198 on closing.

The stock gained decently on Friday on back of high volumes.  With a huge volume of 11,890,719, Neyveli Lignite gained 18.83% on close of Friday’s trading on NSE. The stock has touched a 52-week high of 227.

The stock is expected to move up today on back on huge volumes and should touch another yearly high.