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Today's pick: Mangalam Cement

| Updated on October 02, 2019 Published on October 02, 2019

Investors with short-term view can buy the stock of Mangalam Cement at current levels.

It stock jumped 10.5 per cent with above-average volume on Tuesday, breaking above a key barrier at ₹300.

In late July this year, the stock took support at ₹210 and reversed direction. Since then, it has been in a medium-term uptrend. Overall, the short-term outlook is bullish. The targets are ₹326 and ₹334.

Traders can buy with stop-loss at ₹307.

Published on October 02, 2019