Technical Analyst Ashwani Gujral has suggested investors to buy delivery call of Neyveli Lignite in case the stock crosses Rs 232 before 2.00 pm.

It has made around 6% up till now in today’s trading session. There are great expectations from this stock in the upcoming sessions.

Mr. Gujral has recommended this stock for delivery for short term gains as the stock has performed well in an otherwise weak market.

The short term target for this stock is between Rs 250 to 258. Keep a stop loss of Rs 240. In medium term it can touch 290 mark.

The stock can be picked up as it is performing well today.