Above Rs 36, Jayaswal Neco can touch Rs 45-55: Nirmal Bang

MUMBAI: Nirmal Bang has advised investors to Jayaswal Neco with an investment view.

“Buy Jayaswal Neco Industries with an investment view. The stock has broken out of its consolidation level of Rs 26 and now is headed for a major upmove. If the stock breaks above Rs 36 in the near term then look for a target of Rs 45-55 in coming months. Strong support seen at Rs 25-22,” said the technical report.