Markets likely to Open Flat,support for nifty at 6030
Buy Aurobindo Pharma with target of 459 stoploss at 449
Short Allahabad Bank on Dip with target of 75.5 stoploss at 79
If index slips Short Dlf.
Calls are based on technicals,note that technicals only give direction but not assure returns.
Buy Aurobindo Pharma with target of 459 stoploss at 449
Short Allahabad Bank on Dip with target of 75.5 stoploss at 79
If index slips Short Dlf.
Calls are based on technicals,note that technicals only give direction but not assure returns.
Sir, holding L & T finance @ 77. Should I average it? Any news of bank licence !!!
ReplyDeletePriya
Hello priya,Bank license would mostly be denied for L&t,many reasons behind it,including promoter holding norms,promoter holding should be less than 75 percent as per license norms,but till now L &t has not reduced stake and there are other reasons too
DeleteSir, Thank you for the in formation. Should I average it?
DeletePriya
Averaging is advised only if you have long term view,however if there is news that bank license is denied it can correct,so better exit on break even or rise and enter at lows
DeleteHi hariji
ReplyDeleteI bought barlampur chino at 47 can I buy this share to average. Please need your suggestion
Hello ramesh,sugar sector has not boittomed yet,they have been worst performers and i dont see any near term trigger,avoid averaging
DeleteSir, ur view on Hindalco & Arvind??Can these be accumulated at these levels???
ReplyDeleteHindalco can be accumulated,no for arvind,as it trading at support levels.
DeleteSir.
ReplyDeletewhat about IFCI.
Is it a good stock to hold for a few months/years.
Long term looks good as there are some triggres,but for short term not advisable
DeleteCan we still buy Aurobindo Pharma???
ReplyDeleteYes,trend is bullish,be patient and wait for a dip to enter.
DeleteSir,
ReplyDeleteI am holding Jyothy Lab @208, what is the short/long term target ?
Hold it,it can test 225 levels if index supports
DeleteHi,
ReplyDeleteCan i enter FRL for intra now?
No,avoid it till it give a break out on either side,its consolidating
DeleteSir excellent,no words for aurobindo call.Thanks.
ReplyDeleteregards
Binny
welcome binny
DeleteHariji,
ReplyDeleteI am positional trader,hence holding Arvind, Crompton. Now can you say how they are as per technical & chart view.And what target I should look for both to book out.
Umesh
Hello Umesh,crompton technically faces resistance at 117,if 117 is broken short covering can push to 120-122 levels,but index needs to support aleast by not slipping.
DeleteArvind is volatile now,and faces resistance at 145 and 149 levels
As I said I am positional in both, I would like you to give appropriate target for both,and are you still bullish on both , as I can carry position till expiry....
DeleteThe given resistances acts as first targets,if broken then next resistances act as target
DeleteHi Hari Sir,
ReplyDeleteabove u mentioned in one of your replies that ifci is good long term bet as triggers indicate. Just for my knowledge, what kind of triggers are visible ?
my main query is I want to know at what level can I exit punj lloyd. made a mistake of buying at 32
Hello Suraj,Ifci is termed as under valued and in recent past many contra funds are seen picking it up,downside is limited.
Delete26.9 and 27.4 are tough resistances for punji,seems better to exit on rise.
Hi Sir,
ReplyDeleteHow much upside you can see in oberoi reality for short term. Can one start accumulating ICICI at current level or will it drop further?
Icici will drop further,wait for a correction,avoid real estate space as interst rates are high and no sign of coming down,they too can correct
DeleteHi Hari Sir,
ReplyDeleteMade a blunder by entering FRL @84.2 for intraday. What to do shall I exit at current level or wait to rise.
Alwyn
Hello Alwyn,as its for intraday we have no choice rather than exiting on rise,however 82 is strong support for FRl
DeleteGreat call on Aurobindo !
ReplyDeletewhat about Strides Arcolab ? After the dividend payout, is it still a good stock to buy?
No,avoid it for a while,You can pick it at lower levels.
DeleteOne of your best call sir.hatsoff
ReplyDeletesir i have FRL at 92.33 for positional point of view , what to do avg. it ???
ReplyDeleteIf you have short term view hold it,its been removed from F nd O segment.
DeleteGOD,its up by 20 points,Sir can i enter aurobindo at current level??
ReplyDeletevikram
No,not advised to enter at current levels.
DeleteSirji,
ReplyDeleteArvind broke first resistance of 145 & second of 149 also, so what is your look out in the scrip now......
Hello,though it turned bullish beter wait for a close above 149.3
DeleteBest call Hariji though i exited early.;(
ReplyDeleteThank you roy.
DeleteHi I am stuck in IOC shorted @230 Please tell me the level to average or wht to do now
ReplyDeleteVERY VERY Bad idea to short IOC as 10% stake sale is on cards in FEB with Govt. of India. Thats the reason script is running since 24th Jan 2014.
Deleteyaa what to do now ...
DeleteHello Nithin,do not go for averaging as it can be risky ahead of news flow,today our index can be in downtrend,exit on a dip
DeleteHi Hariji,
ReplyDeleteI am long in Banknifty for last one week. Any chances of receovery in coming week?
Also your views on TCS and Nifty on Monday? Thanks!
Hello,Avoid longs in Bank nifty,currency depreciation has again started haunting banking scrips,so longs are not advised in banks,exit it on a rise,tcs would be range bound and Nifty can open down and consolidate
DeleteSIr,
ReplyDeleteYour view on Ranbaxy,SBI & LICHF.