Still Market can show big downside from here. Every rise keep taking profits. Penny, smallcap, midcap may show more downside also. Be cautious.
Margin call pressure yet to come, Redemption pressure yet to come, Constant selling pressure from FIIs can give more downside from here also…. So on every rise book profits and be light. Wellknown and Risen too much Penny, smallcap, midcap and largecap stocks may see big selling so be cautious in these stocks…. On rise exit or book profits.
1)
Apollo
Tyre (473.55) : Rs. 467 stoploss… It may touch 482 to 495…
2)
Grasim
(2533.10) : Rs. 2513 stoploss… It may touch 2547 to 2556…
3)
Biocon
(336.70) : Rs. 329 stoploss… It may touch 342 to 351…
4)
VEDL
(433.50) : Rs. 423 stoploss… It may touch 441 to 450…
5)
ONGC
(251.60) : Rs. 245 stoploss… It may touch 256 to 261…
6)
DLF
(765.20) : Rs. 752 stoploss… It may touch 774 to 783…
7)
Jubilant
Food (610.35) : Rs. 595 stoploss… It may touch 621 to 630…
1)
Delta
Corp (114.99): Rs. 110 stoploss…. It may touch 121 to 126…
2)
IEX
(161.51): Rs. 155 stoploss…. It may touch 166 to 171…
3)
HCC
(35.59): Rs. 33 stoploss…. It may touch 39 to 43…
4)
DCW
(95.33): Rs. 90 stoploss…. It may touch 99 to 103…
5)
Multibase
(328.30): Rs. 308 stoploss…. It may touch 351 to 378…
6)
Hind
Copper (262.70): Rs. 250 stoploss…. It may touch 270 to 279…
7)
MOIL
(296.75): Rs. 286 stoploss…. It may touch 306 to 315…
Paras K Ghelaanii
Research
Analyst,
Mobile
: 090990 10827
Email:
ghelani.paras@gmail.com
NOTE:- WE CAN CHANGE OUR VIEW DURING MARKET HOURS LOOKING IN TO THE DIRECTION.
Disclaimer : The Fundamental,Technical analysis provided in this newsletter is for the purpose of education and guidance of investors and traders. The information provided herein is not to be construed as an offer to buy or sell securities of any kind. Any information, analysis, recommendations, opinions and suggestions are given with the understanding that readers acting on this information assume all kind of risks involved in trading and investment. Under no circumstances, Analyst /Author will be liable for any loss, profit, special or consequential damages that result from the use of the contents in this newsletter. Trading in commodity/commodities is a high risk activity which can wipe off more than your entire capital. Trade at your own risk only with adequate research and judgment.
Disclosure: Analyst/Author may or may not have any position in any of the recommended Stocks.
