Moneycontrol

Chat Transcript

  • Ruchit Jain

    17 May - 04:00hrs

    What's good investment now?

    Ruchit Jain Equity Technical Analyst, Angel Broking

  • Posted By: karti_grao:

    Hi Sir, I have 50 shares of Aurobindo Pharma @740. Should i Buy5CHold5CSell keeping 1 year horizon? Thanks

    Posted By: Ruchit Jain

    : Although the short-term trend for the stock is negative, downside seems to be limited from current levels. The long-term support for the stock is placed around 555-575. It is advisable to hold the existing long positions.

    Posted By: guest:

    hello Sir, pls advise if we can hold or sell chambal fertiliser ? thanks

    Posted By: Ruchit Jain

    : Chambal Fertilizer is in an uptrend as the recent upmove is an Impulsive move. The support for the stock is placed around Rs.113. The stock is expected to resume the uptrend once the ongoing corrective move is over. Hence it is advisable to hold the long positions

    Posted By: guest:

    Dear sir How is nifty for next few weeks. Will it break 9270 on upside

    Posted By: Ruchit Jain

    : In near term, we expect Nifty to rally upto the target zone of 9600-9630.

    Posted By: guest:

    i have accumulated coal india as long term buy (5 years ) to take care of my daughters medical educations will it help to collect the corpus five years down the line please advise

    Posted By: Ruchit Jain

    : Coal India has not participated in the recent upmove. However, the stock is now trading near its long term support zone of 255-265. Since you have a horizon of 5 years, it is advisable to hold the stock as the stock could give decent returns in long term.

    Posted By: guest:

    How is aban and dolphins for 2 year

    Posted By: Ruchit Jain

    : Both the stocks have underperformed in the recent bull run in mid-cap stocks. As of now, there are no signs of any trended upmove in prices. There are much better opportunities in some other mid-caps which could give you much better returns as compared to both these names. Hence, you should avoid investing in these stocks.

    Posted By: guest:

    Your views on Ugar sugar and Shalimar Paints? Thanks in advance!

    Posted By: Ruchit Jain

    : Ugar Sugar is in a consolidation phase. Within the sugar sector, Balrampur Chini is a preferred pick over Ugar Sugar. Shalimar Paints is in an uptrend and is trading in `wave iii` of an Impulsive upmove. The stock could rally further towards the projected target of Rs. 338

    Posted By: guest:

    Future of metal shares particularly Tata Steel purchased at Rs 490/- Nalco purchased at Rs 67

    Posted By: Ruchit Jain

    : The Nifty Metal index is in an uptrend and hence the stock within this sector could give good returns in short to medium term. Tata Steel has resumed its uptrend from the `200 DMA` support and hence, it could rally higher towards Rs. 508 and Rs. 527.

    Posted By: guest:

    kindly suggest me regarding gvk power I had brought 10000shares @6.10..what should I do..kindly help me Thanking you Regards Roshan

    Posted By: Ruchit Jain

    : The stock is in a consolidation phase and there are no signs of any trended upmove in price.here are much better opportunities in some other mid-caps which could give you much better returns and hence, it is advisable to switch to some other stock which is in an uptrend.

    Posted By: karti_grao:

    Hi Sir, I hold 1000 shares of GTN Textile at 18. What is your view on this? Thanks

    Posted By: Ruchit Jain

    : It is a very low volume stock and we generally recommend to avoid such illiquid stocks.

Sections
Follow us on
Available On