MUMBAI: Angel Broking has advised traders to buy Neyveli Lignite for target of Rs 143.

“Neyveli Lignite has given a 3 & 8 EMA crossover witrh rising volumes on the daily chart .Further it has given a RSI and Stochastic Oscillators double crossover.

This suggests further upmove. Traders can buy this stock at current levels and on declines up to Rs 132 with a stoploss of Rs 130 for target of Rs 143 in 5 - 8 trading sessions,” the recommendation said.