The tug of war on the settlement day in
the previous session ended on a bullish note.
The intra-day traders may go long if the
benchmark index trades above 7955 mark with strict stop loss at 7945 and book profits
around 7978 levels. However, if the index trades below 7935, then they may play
it on the short side and book profit at around 7902 levels.
In case of weakness, the short-term
traders may consider adding long positions in Nifty, with stop loss at 7700.
Mid-term investors may consider buying
Gateway Distriparks at 240.90, Tata Motors at 506.95 and Tata Steel at 501.25
in small quantities. They may also consider selling 10 % of their total
holdings in HCL Tech at 1720.60 and Lupin at 1323.95.
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
bought them. Much better, subscribe by email. It is free. And, what is more, we
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.
No comments:
Post a Comment