Buy Karnataka Bank, LT Finance, sell Jindal Steel: Doctor

Written By Unknown on Kamis, 25 Oktober 2012 | 14.02

In CNBC-TV18's popular show Bull's Eye, Parag Doctor, Keynote Capital shares trading strategy of the day.

Karnataka Bank has been in a strong uptrend ever since it broke out of the Rs 110-120 base. The stock is headed higher to immediate target of Rs 138 and can be bought with a stop loss of Rs 129. It has strong upside momentum and could be headed to a target of around Rs 145 to Rs 150 levels in the medium-term.

L&T Finance Holdings has a strong base in the Rs 45 to Rs 50 zone in the medium term. The stock has given a short-term breakout above the Rs 54.50 levels and is at a historic high. The stock is headed towards immediate target around Rs 58.50 and a medium term target of around Rs 65 and can be bought with immediate stop at Rs 53.50

Crompton Greaves has been struggling to cross resistance between the Rs 130 and Rs 135 zone. The stock has broken the 20 day moving average and is headed lower so immediate target around Rs 125 and can be sold with a stop of Rs 131. It is heading to medium term target around Rs 120 levels which is where the 52 day moving average is located.

Jindal Steel & Power has been declining in the recent days on strong volumes. The stock has traded below the 50 day average and is also below the 100 day moving average. It is headed to immediate target around Rs 382 and can be sold with a stop loss of Rs 401.



Anda sedang membaca artikel tentang

Buy Karnataka Bank, LT Finance, sell Jindal Steel: Doctor

Dengan url

https://rokokkanker.blogspot.com/2012/10/buy-karnataka-bank-lt-finance-sell.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Buy Karnataka Bank, LT Finance, sell Jindal Steel: Doctor

namun jangan lupa untuk meletakkan link

Buy Karnataka Bank, LT Finance, sell Jindal Steel: Doctor

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger