In CNBC-TV18's popular show Bull's Eye, Pankaj Jain of Sunteck Wealthmax shares his trading strategies for the day.
One can go long in Gujarat State Fertilizers & Chemicals (GSFC). Very strong volume breakout was seen in the stock and GSFC is now trading at a new life time high. I believe that the stock could be moving much higher in today's trading session.
One can go long in Onmobile Global. The kind of breakout that was seen in the stock on volume and technical basis suggest that the stock could move much higher in today's trading session as well.
One can go long in Vivimed Labs. Again very strong volume action was seen in the stock and stock in spite of gaining 5-6 percent yesterday, closed almost at high point of the day. The stock maybe in offing to move much higher in today's trading session and in days to come.
One can buy DCB Bank, volumes were strong and stock was trying to breach those Rs 89-90 levels and that breach may happen in today’s trading session. Taking that as background, and that good private sector banking stocks have been inching up, we believe the stock has serious potential to go up from current levels and therefore a buy call.
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