Targets For 02-March-2015
Nifty Calls:
Current Level: 8901
Buy: Resistance @ 8925
Buy Nifty above 8925, with a target of 8940-50-60, StopLoss: 8900
Sell: Support @ 8870
Buy Nifty above 8925, with a target of 8940-50-60, StopLoss: 8900
Sell: Support @ 8870
Sell Nifty below 8870, with a target of 8855-45-35, StopLoss: 8900
Stock Calls
Buy Kotak Mahindra Above 1405
Current Market Price: 1397
Target: 1415-25-35
Stop Loss: 1395
Buy HPCL Above 626
Current Market Price: 620
Target: 631-35-40
Stop Loss: 620
(Note: When a stock or nifty crosses above or below the given levels, make sure that the successive candle also follows the same trend)
Sir
ReplyDeleteI bought bhel 200@ 275. Any chance to come up.?
Hello Sir,
DeleteSince you have purchased Equity you can hold it for some more time instead of exiting in loss. From many previous quarters the results of BHEL is not good. Earning is expected to pickup from next quarter.
The Debt/Equity ratio and Current Ratios are also very good for the company. It may be slightly over valued since P/B ratio is @ 2. But still it isn't highly overvalued. The cash flow statements are little poor.
Therefore if you give it time there are chances that you can come out with a profit, but it may not to huge
Thank You