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Buy JSPL, Suzlon Energy, JSW Energy: CA Rudramurthy
CA Rudramurthy BV, Research Head at Vachana Investments told CNBC-TV18, "JSW Energy looks very strong to me. Rs 68 is a very strong support. From current level, definitely a bounce to Rs 74 is expected. Today even open interest addition is seen in F&O market. One can enter even next month for the futures and have a target of Rs 74."
"I have a buy call on Jindal Steel & Power next month futures and one can look at target of Rs 140 with stoploss of Rs 133."
"Suzlon Energy is showing strong support at levels of Rs 15.70-15.80. So one can buy it for very short term. Have a target of Rs 16.50 and a stoploss of Rs 15.70," he added.
RUDRAOLOGY - Holy Grail of Trading.
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7 lessons traders can learn from Dangal
The movie is the real-life story of Mahavir Singh Phogat (played by Aamir Khan) who, after being forced to give up wrestling, vows that his son will win a gold medal for India.
CA Rudramurthy BV, Research Head at Vachana Investments told CNBC-TV18, "I love Manappuram Finance a lot. It looks very bullish on charts, strong base formation is seen at levels of Rs 90-92. "