Hi Traders,
Nifty at all time high and also on edge of tumbling either side. My mind says it will come down and become range bound but that doesn't mean you can't be bullish on individual stocks. I can also be wrong about Nifty but till now it is looking right. A stronger ruppee can push Nifty up too.
So Lets look at our old calls.
LNT: Targets achieved and a highly successful call. Stock zoomed past as expected and are near second target of 940. I would advise to book profits for about 75% and leave the rest for 940 target.
Bajaj Corp:
Call was given for this stock and call performed wonderfully and reached a high of 237 and our target was of 240. Profits booked. It can touch a high of 240 but after that I would advise to go out of this stock as this is not a good long term stock and highly unlikely it will reach its old glory for at least 1 year due to latest acquisition of "No Marks" brand.
IndiaBulls realestate:
Advised to buy it after 63 and it zoomed past to 66. Huge 4 plus percent gain. Our target is of 71-72. Book profits after 71 with a stop loss of 62.
Nifty at all time high and also on edge of tumbling either side. My mind says it will come down and become range bound but that doesn't mean you can't be bullish on individual stocks. I can also be wrong about Nifty but till now it is looking right. A stronger ruppee can push Nifty up too.
So Lets look at our old calls.
LNT: Targets achieved and a highly successful call. Stock zoomed past as expected and are near second target of 940. I would advise to book profits for about 75% and leave the rest for 940 target.
Bajaj Corp:
Call was given for this stock and call performed wonderfully and reached a high of 237 and our target was of 240. Profits booked. It can touch a high of 240 but after that I would advise to go out of this stock as this is not a good long term stock and highly unlikely it will reach its old glory for at least 1 year due to latest acquisition of "No Marks" brand.
IndiaBulls realestate:
Advised to buy it after 63 and it zoomed past to 66. Huge 4 plus percent gain. Our target is of 71-72. Book profits after 71 with a stop loss of 62.
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