Weekly Stock Picks - Oct 24 2010
Sunday, October 24, 2010
Following are the weekly technical picks from Edelweiss:
Stock had generated channel patter breakout on its weekly chart along with good volumes. Oscillator on daily and weekly chart depicts bullishness indicating upside momentum to continue in the counter.
The stock of Jaypee Infratech could be a dark horse play on the infrastructure and real estate segments in the northern region of the country. Investors with a penchant for risk can consider investing in the stock with a 2-3 year perspective.