Sun Pharmaceutical, JAI Corp, Engineers India Stock Recommendations by Epic Research
Indian stocks recovered last week and this week has been mixed with markets sliding on Tuesday. Some stock specific action has been witnessed in Indian Stock Markets. Comments from Mr. Mustafa Nadeem, CEO Epic Research on three stocks investors and traders can check.
JAI CORP LTD - Stock has given the breakout of the trendline on the daily chart with huge volumes. We recommend buying above 80.60 for the target of 82 with the stop loss of 79.50.
SUN PHARMA - Stock took the support of the trendline on the daily chart and closed in green. It also formed an ascending triangle on the daily chart. We recommend buying above 445 for the target of 450 with the stop loss of 440.
ENGINERSIN - Stock formed an ascending triangle on the hourly chart and closed in the green on the daily chart. It also took the support of the 200 EMA on the monthly chart. We recommend buying above 104 for the target of 106 with the stop loss of 102.