Big movers on D-Street: What should investors do with JSW Steel, Tata Investment and Tata Chemicals?

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Key Points

Benchmark indices hit record highs on Friday, logging third straight weekly gains, as faster-than-expected economic growth boosted demand amid signals the rally will sustain...

Here's what Pravesh Gour, Senior Technical Analyst at Swastika Investmart, recommends investors should do with these stocks when the market resumes trading today...

On the higher side, Rs 8,000 is acting as an important psychological level; above this, we can expect the level of Rs 8,700+ in the near-short term, while on the lower side, Rs 6,700 will act as a major support during any correction...

The counter is in a downward trend, but in the last trading sessions, it has given an astute recovery from the 940-950 level with strong volume, which was multi-month support for the counter...

On the upside, Rs 1000 is an immediate susceptible area; above this, we can expect a run-up towards Rs 1,020 in the near term, while Rs 940 is an immediate support level...

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