1.Allahabad Bank CMP Rs.98.65 on 25.4.2014
The stock looks very promising fundamentally and technically both but it had been moving up for last 10 weeks after making bottom at 72.45 t,so it may correct from these level but I feel that the stock has bottomed out at 72.45.Therefore I recommend investment in the stock in a staggered manner.For investor the genuine stop loss would be below 72.45 but be alert if it breaks 94.50 and closes below 90.30 then
get out of the stock,to re enter again near 72.45 or when it crosses 95.10 again because stock has potential to give 50-75% return or may be more in 12-15 months .
REMARKS:-Invest at least 25-30% of the marked fund for the stock at current price and then put in rest of the fund in a phased manner.
2.Andhra Bank CMP Rs.65.35 on 25.4.2014
The stock looks very good fundamentally and technically both . I feel that the stock has bottomed out at 53.50.Therefore I recommend investment in the stock in a staggered manner.For investor the genuine stop loss would be below 53.50 but be alert if it breaks 62 and if it closes below 57 then get out of the stock,to re enter again near 53.50 or when it crosses 62.60 again because stock has potential to give 50-100% return or may be more in 12-15 months .
REMARKS:-Invest at least 30-35% of the marked fund for the stock at current price and then put in rest of the fund in a phased manner.
3.Dena Bank CMP Rs.63.20 on 25.4.2014
The stock looks good fundamentally and technically both . I feel that the stock has bottomed out at 51.10.Therefore I recommend investment in the stock in a staggered manner.For investor the genuine stop loss would be below 51.10 but be alert if it breaks 60.75 and if it closes below 56 then get out of the stock,to re enter again near 51.10 or when it crosses 61 again because stock has potential to give 50-75% return or may be more in 12-15 months .
REMARKS:-Invest at least 25-35% of the marked fund for the stock at current price and then put in rest of the fund in a phased manner.
Contact me for strategic guidance to enter and exit the trade
The stock looks very promising fundamentally and technically both but it had been moving up for last 10 weeks after making bottom at 72.45 t,so it may correct from these level but I feel that the stock has bottomed out at 72.45.Therefore I recommend investment in the stock in a staggered manner.For investor the genuine stop loss would be below 72.45 but be alert if it breaks 94.50 and closes below 90.30 then
get out of the stock,to re enter again near 72.45 or when it crosses 95.10 again because stock has potential to give 50-75% return or may be more in 12-15 months .
REMARKS:-Invest at least 25-30% of the marked fund for the stock at current price and then put in rest of the fund in a phased manner.
2.Andhra Bank CMP Rs.65.35 on 25.4.2014
The stock looks very good fundamentally and technically both . I feel that the stock has bottomed out at 53.50.Therefore I recommend investment in the stock in a staggered manner.For investor the genuine stop loss would be below 53.50 but be alert if it breaks 62 and if it closes below 57 then get out of the stock,to re enter again near 53.50 or when it crosses 62.60 again because stock has potential to give 50-100% return or may be more in 12-15 months .
REMARKS:-Invest at least 30-35% of the marked fund for the stock at current price and then put in rest of the fund in a phased manner.
3.Dena Bank CMP Rs.63.20 on 25.4.2014
The stock looks good fundamentally and technically both . I feel that the stock has bottomed out at 51.10.Therefore I recommend investment in the stock in a staggered manner.For investor the genuine stop loss would be below 51.10 but be alert if it breaks 60.75 and if it closes below 56 then get out of the stock,to re enter again near 51.10 or when it crosses 61 again because stock has potential to give 50-75% return or may be more in 12-15 months .
REMARKS:-Invest at least 25-35% of the marked fund for the stock at current price and then put in rest of the fund in a phased manner.
Contact me for strategic guidance to enter and exit the trade
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Thank you for sharing your views.