• Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Realasset Realasset
moneycontrol.com

Home » News » Stocks Views

Feb 12, 2013, 01.10 PM | Source: CNBC-TV18

Buy Indian Hotels, Sintex Ind, IOC: Tater

In CNBC-TV18's popular show Bull's Eye, Aashish Tater, FortuneWizard.com shares trading strategy of the day

Like this story, share it with millions of investors on M3

Buy Indian Hotels, Sintex Ind, IOC: Tater

In CNBC-TV18's popular show Bull's Eye, Aashish Tater, FortuneWizard.com shares trading strategy of the day

Post Your Comments

Share Cancel

Aashish Tater (more)

Head of Research, Fortunewizard.com | Capital Expertise: Equity - Technical ,Equity - Fundamental

In CNBC-TV18's popular show Bull's Eye, Aashish Tater, FortuneWizard.com  shares trading strategy of the day. I am going long on Indian Hotels Company for a target of Rs 63.50 and Rs 65 with a closing stop of Rs 61.20.

Go long on Sintex Industries . We feel Sintex Industries is rangebound between Rs 60 and Rs 75 zone and it is finding multiple support around these levels. We feel this stock with a closing stop of Rs 60 could easily go and test Rs 65 as first target and Rs 67.90 as second target. So on risk-reward front, it is a risk-reward of 1 to 8 times thus another technical call from our side.

Go long on Voltas with a closing stop of around Rs 95.50 and a target of Rs 100-104 from short-term perspective. Market has discounted a bad number and the stock has already battered from high of almost Rs 120. So, 25 percent correction pre-results in last one month, we feel the stock would show some bounce back where we expect better set of numbers from this particular company.

Buy Indian Oil Corporation . IOC and other oil marketing companies (OMCs) will get in total of Rs 25,000 crore of additional subsidy, which is going to be positive for OMCs and IOC to get a substantial chunk of this Rs 25,000 crore. We feel the stock would go and test Rs 333 with a closing stop loss of Rs 310 from short-term perspective. Thus on risk-reward front, it is Rs 145, it is worth taking a small risk on this particular stock from short-term perspective.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Buy Indian Hotels, Sintex Ind, IOC: Tater

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login