Analysts back Jayaswal Neco and Alkyl Amines with bullish targets
In short
Economic Times market summaries say analysts recommended Jayaswal Neco Industries and Alkyl Amines for Friday. They pointed to bullish breakouts, strong trading volumes and better RSI momentum. The target prices were Rs 110 for Jayaswal Neco and Rs 2,250 for Alkyl Amines.
This matters for traders watching near-term price moves. The report does not say if either stock reached the targets or how long the view lasts.
What the reporting says
Economic Times market summaries say analysts recommended Jayaswal Neco Industries and Alkyl Amines for Friday, citing bullish breakouts, strong volumes and improving RSI momentum. Jayaswal Neco was given a target of Rs 110, while Alkyl Amines was given a target of Rs 2,250, with both trading above key moving averages. The immediate consequence is a short-term positive trading view, though the report does not say whether the targets were hit.
Why it matters
The market note says analysts recommended Jayaswal Neco Industries and Alkyl Amines based on bullish breakouts, volume strength and improving RSI momentum. It gives target prices of Rs 110 and Rs 2,250, respectively, and says both are above key moving averages. The snippet does not identify the analysts, the exchange date beyond Friday, or whether the recommendations led to any actual price move.