Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
TP1 : 225.60 TP2 : 275.10 TP3: 321.05 SL : BELOW 144.50 AVERAGING : 123.90 FOR LONG TERM HOLDING (5 YEARS ) TP1 : 371.35 TP2: 590.90 TP3: 752.00 SL : 112.00
stock near its weekly support , given a good slide , no more downside seems to be there , part of nifty , can act as a support stock to lift nifty up , and take it to level of 10700
will like to go long in reliance for targets of 1027 ! still a good upside i see in the stock but keeping a stoploss @ 949...
posting it because someone asked me to do so on twitter!!!! let it come to the levels where it would be a favOur able risk reward as it is always better to not to take a trade then to take a wrong trade ... i can be wrong!
it looks good on charts ..fundamentally as its a tata stock nothing to worry ..tata = trust
I am bearish on indusind for the upcoming week, lets see how the stock performs!!!!!!!
keep close watch @ 1650 for hdfc breaks ..can slide further ...reverses or sustains .. can take to 1675 -85
the stock is at alltime high thus no lumsum amount can be invested but as the stock is fundamentally good i feel its a good stock to do SIP (systamatic investment plan) for long term irrespective of bull and bear market . caution above is not recommendation , but just an idea of how i do invest or trade in a stock.