Buy Jayaswal Neco for target of Rs 52: Nirmal Bang

Nirmal Bang has advised traders to buy Jayaswal Neco Industries for target of Rs 38-43.

MUMBAI: Nirmal Bang has advised traders to buy Jayaswal Neco Industries for target of Rs 38-43.

“Accumulate Jayaswal Neco Industries from an investment perspective. The stock has given a fresh breakout above its 50-DMA of Rs 41 and giving evidence of a rally happening.

The technical oscillators RSI on the weekly chart has given a fresh buy signal. Accumulate on dips with stoploss of Rs 41 for target of Rs 52,” the report said.
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