Buy Man Ind, Zee Learn, Sterlite Tech: Pankaj Jain

Pankaj Jain, Director of Sunteck Wealthmax recommends going long in Deep Industries and Sterlite Technologies.

In CNBC-TV18's popular show Bull's Eye, Pankaj Jain, Director of Sunteck Wealthmax shares his trading strategies for the day.

One may go long in Man Industries . The stock has been building for the last seven to ten trading sessions and volumes have been heavy. Delivery volumes have been strong and there have been news reports of some kind of corporate action, realignment in the group and that is acting as a catalyst. We believe that the stock is moving in upward trajectory.

One may go long in Zee Learn . The stock has given tremendous return. In about one month the stock has already appreciated by more than 50 percent and it is trading almost at its lifetime high and it is well above its very strong resistance area of 30 to 32 and with the kind of volumes that are seen, with the kind of momentum that is seen in the stock we believe that this stock would be a star performer in coming days and today's trading session as well.

One may go long in Sterlite Technologies . Technically the stock is looking very strong and volumes have been very strong and its project of broadband highway across the country is getting serious push up support from government.

One may go long in Deep Industries . Basically this is an ancillary proxy play to oil and gas exploration sector and the stock has very decent fundamentals and volumes have been strong in the last eight to ten trading days. With the kind of momentum and technical pattern seen in the stock we believe that this stock is poised to give very serious short term returns.

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