The index continues in its upward
journey aiming for new all time highs.
The intra-day traders may go long if the
benchmark index trades above 7845 mark and book profit at around 7904 levels. However,
if the index trades below 7845, then they may play it on the short side and
book profit at around 7812.
The short-term traders may continue to hold
long positions raising their trailing stop loss to 7770.
Mid-term investors may consider buying L&T
at 1473.45, Coal India at 340.55, ONGC at 376.95 HDFC Bank at 768.55 and Tata
Steel at 523.65 in small quantities.
A lot of
people have lost a lot of money in Capital markets due to their need to get
rich quickly and their innermost desire to gamble, to feel the consequent
emotional excitement, over which they have no control. The sole intention of
sharing this link is to guide such people by helping them in minimising their
losses.
Feel
free to write to us for our free advice regarding the stocks which you
already hold in your portfolio. Kindly send the quantity and price at which you
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do not disclose your IDs or portfolio.
Disclaimer: The
writers of this column do not personally hold any stock or position in the
F&O market and do not intend to benefit in any way by publishing this
column. The final discretion is that of the reader and we disown any
responsibility for any loss incurred by the reader.
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