First Leasing Company of India, Amrutanjan , Kakatiya Cements – Stocks on Watchlist

Kakatiya Cements

This is one cements cum sugar company which has not seen much appreciation in spite of low debts. Need to watch for a breakout move above 98 for a quick target of 115.

Amrutanjan – The stock continues to make the attempts at 830 and drops to 770. With a bit of volumes increasing one may watch for a breakout above 830-840. Alternatively can take a speculative trade at 800-810 with a stoploss of 770 for a sharp move.

FIRST LEASING COMPANY OF INDIA  ----- Good basing out formation and long dividend yield record.
Can be a buy around 54. With a 3.23% seems downside is limited but a stop at 50 would be better.

Best Regards,

Nooresh Merani

nooreshtech@analyseindia.com