Short BHEL, ONGC: Jitender Kumar

Short BHEL and ONGC, says Jitender Kumar, CMT, SBICap Securities.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney SME Special
moneycontrol.com

Home » News » Stocks Views

Feb 24, 2012, 01.04 PM | Source: CNBC-TV18

Short BHEL, ONGC: Jitender Kumar

Short BHEL and ONGC, says Jitender Kumar, CMT, SBICap Securities.

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

Short BHEL, ONGC: Jitender Kumar

Short BHEL and ONGC, says Jitender Kumar, CMT, SBICap Securities.

Post Your Comments

Share Cancel

Jitender Kumar (more)

CMT, SBICap Securities | Capital Expertise: Equity - Fundamental

Short BHEL and ONGC , says Jitender Kumar, CMT, SBICap Securities.

Kumar told CNBC-TV18, “I would short Coal India . Coal India is one of the stock, which I have been shorting for the last two series and this series also. The stock is down 6% for expiry, last expiry and the data shows that there is a good OI addition also. Coal India is my top pick.”

He further added, “Second pick is BHEL and ONGC. Both of the stocks rallied a bit but the further downside trigger would be the FPO hangover. Since this stock has rallied and last 3-4 days I am seeing good profit booking by the longs happening and longs were not aggressive in the last two days of expiry so BHEL and ONGC are the two stocks I would like to short.”

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Short BHEL, ONGC: Jitender Kumar

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