Ticker

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How To Trade: Nazara Tech, Quess Corp, Menon Bearings, Anmol India and Aban Offshore


 
Anmol India

Stock is in downtrend for last one month but with sudden surge of coal demand this stock can surely give you great returns as the company is engaged in coal import. On Technical front stock is looking good and can test 192-200 to 215 in coming days if sustains above 177, stoploss can be placed @163





Quess Corp Stock is trading an upward channel and currently trading near support line. Add above 937 for short term targets of 1000-1100-1175 with stoploss at 890






Menon Bearings : Stock is looking good on daily as well as weekly charts. Add longs if sustains at 83 for short term target of 87-92 to 105-15-25 in medium term.





Nazara Tech Stock did great in last few months after listing, Now after testing lifetime highs at 3356 stock is under profit booking and tested 2745 during Friday trade. One can try to enter on dips ( if falls below 2640)  between 2300 to 2000 with stoploss below 1925. If stock do not fall from current levels, add longs above 3000 






ABAN long agoAban was one of our favorite stock but with time it lost glory, Now after long time stock is witnessing buying interest, however we are not advising any longs as fundamentals do not support, but on technical front with crude oil price surge tock is gaining ground and can show fireworks. Risk lovers can try their luck with strict stoploss at 59.