ET Now: Please tell us three stocks which make everyone win.
Sandeep Wagle: New financial year has started on a very positive note and that is good news for the bulls.
ET Now: It has got good upticks you mean to say?
Sandeep Wagle: The recent upticks are sustaining. SGX Nifty is also 35 points up. So 5400-5450, the target seems to be valid. We are giving three or four stocks, lot of stocks are coming in the buy radar. Ashok Leyland has been a very smart mover in the last week. 55 is where we had spotted this. At current level of 57 I see an upside of around 61-62. One can buy this with a stop loss of 55. Essar Shipping is one more stock where we are getting a breakout. At 79.50 can be bought in the range of 79 to 77. Stop loss of 75 and a target of 87.
We are basically playing for around 8% to 10% moves in the next five to eight trading sessions and Pfizer is one stock after Cipla and Ranbaxy of the pharma pack which has given a breakout. So this can be bought in the range of 1000 to 990 with stop loss of 973 and a target of 1060.
Sandeep Wagle: New financial year has started on a very positive note and that is good news for the bulls.
ET Now: It has got good upticks you mean to say?
Sandeep Wagle: The recent upticks are sustaining. SGX Nifty is also 35 points up. So 5400-5450, the target seems to be valid. We are giving three or four stocks, lot of stocks are coming in the buy radar. Ashok Leyland has been a very smart mover in the last week. 55 is where we had spotted this. At current level of 57 I see an upside of around 61-62. One can buy this with a stop loss of 55. Essar Shipping is one more stock where we are getting a breakout. At 79.50 can be bought in the range of 79 to 77. Stop loss of 75 and a target of 87.
We are basically playing for around 8% to 10% moves in the next five to eight trading sessions and Pfizer is one stock after Cipla and Ranbaxy of the pharma pack which has given a breakout. So this can be bought in the range of 1000 to 990 with stop loss of 973 and a target of 1060.
No comments:
Post a Comment