Buy Adani Ent, Bharat Forge; sell Rel Infra: Vishal Malkan

Written By Unknown on Rabu, 07 Mei 2014 | 14.03

Vishal Malkan of Malkansview.com recommends buying Bharat Forge with a target of Rs 440 and advises selling Reliance Infrastructure with a target of Rs 490.

In CNBC-TV18's popular show Bull's Eye, Vishal Malkan of Malkansview.com shares his trading strategies for the day.

Adani Enterprises  had a stellar run up in the last quarter and in last few days it has been consolidating between the range of Rs 420-440 with good volumes on intraday charts. I recommend a buy with a stoploss of Rs 428 for targets of Rs 455.

Apollo Hospitals  had given a huge breakout on Monday with good volumes closing above the resistance of Rs 950. So, I recommend a buy with a stoploss of Rs 930 for targets of Rs 975.

Bharat Forge  had declined through a support of Rs 400 which is an important support on trendline as well as moving average forming bullish candlestick pattern on that level in last couple of days. Hence, I recommend a buy with a stoploss of Rs 412 for targets of Rs 440.

Reliance Infrastructure  has been forming lower top and lower bottom on daily chart. Momentum has entered into bearish zone on intraday chart. Hence, I recommend a sell with a stoploss of Rs 525 for target of Rs 490.


Anda sedang membaca artikel tentang

Buy Adani Ent, Bharat Forge; sell Rel Infra: Vishal Malkan

Dengan url

https://rokokkanker.blogspot.com/2014/05/buy-adani-ent-bharat-forge-sell-rel.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Buy Adani Ent, Bharat Forge; sell Rel Infra: Vishal Malkan

namun jangan lupa untuk meletakkan link

Buy Adani Ent, Bharat Forge; sell Rel Infra: Vishal Malkan

sebagai sumbernya

0 komentar:

Posting Komentar

techieblogger.com Techie Blogger Techie Blogger