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
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)

Comments

  1. Sir
    I bought bhel 200@ 275. Any chance to come up.?

    ReplyDelete
    Replies
    1. Hello Sir,

      Since 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

      Delete

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