Update : Go with IGL.......Stock on the Way......Rohit Saxena

Indraprastha Gas Ltd

BSE: 532514 | NSE: IGL | ISIN: INE203G01019 
Market Cap: [Rs.Cr.] 6,018 | Face Value: [Rs.] 10
Industry: Miscellaneous

 

429.8511.05 (2.6%)

428.908.50 (2.0%)

BSE	Nov 11,00:00
Day's High | Low	431.70 | 415.00
Day's Volumes	148,735
52Wk High | Low	453.25 | 285.10
Open Price	418.00
Turnover	63,029,093.00
Deliverable Vol.	85,873
6 Mth. Avg. Vol.	112,624.75

NSE	Nov 11,00:00
Day's High | Low	431.80 | 415.00
Day's Volumes	375,333
52Wk High | Low	454.00 | 285.00
Open Price	416.30
Turnover	160,563,678.75
Deliverable Vol.	277,732
6 Mth. Avg. Vol.	135,893.45

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Thanks and Regards 
 
Rohit Saxena

Phone No: 09899365905
Mail Id: simmi9sep@gmail.com

Losers say it is hard and impossible, but winners say it is hard but not impossible." 

              

View on Market Trendz

Dear all,

Spot Nifty took a support at 5150 levels and gave a quick bounce where it tests the day's high. 5220 will now be a tough resistance for Nifty to break, as it needs a high positive trigger for the same (that could be the IIP data today, though not sure). The trend is short term negative unless Nifty trades above 5220. Defensive Play on in the market with Pharma and FMCG showing positive movements. Rest all is negative, Sugar is still a good bet and one could expect more positive flows into the sector. 

Cements that were silently positive is turning weaker with momentum and one could see few more down side on the same. 

We suggest traders to revise their SL for long positions @ 5200 on Spot Nifty. 

In case of Nifty breaching 5150, the trend will be little more weak wherein the possibility of Nifty testing 5000 levels will be increasing. We expect a range bound movement in Nifty in the range of 5150 - 5300 for quite some more time. In broader view the range will be 5000 - 5400 till Nov 21st as per TMC.

Avoid bottom fishing in Banks unless you have a valid reason for any buy. Just do not go because of the falling prices. Auto is turning weaker and you could see a little more fall in the sector with stock specific corrections.  

 

Thanks and Regards 
 
Rohit Saxena

Phone No: 09899365905
Mail Id: simmi9sep@gmail.com

Losers say it is hard and impossible, but winners say it is hard but not impossible." 

              

Go with United Breweries Ltd........Rohit Saxena

Dear All,

 

 

Go with United Breweries Ltd. Cmp 403Rs (buy between 395Rs to 404Rs) Short term target R1- 424Rs, R2- 445Rs, and R3- 464Rs. (Stoploss 388Rs Strictly follow)

--

Thanks and Regards 
 
Rohit Saxena

Phone No: 09899365905
Mail Id: simmi9sep@gmail.com

Losers say it is hard and impossible, but winners say it is hard but not impossible." 

              

Moody's downgraded Indian banking system from stable to negative,this morning.....source bloomberg

--

Thanks and Regards 
 
Rohit Saxena

Phone No: 09899365905
Mail Id: simmi9sep@gmail.com

Losers say it is hard and impossible, but winners say it is hard but not impossible." 

              

Update : Go with IGL.......Rohit Saxena

Dear All,

IGL Cmp 418Rs, todays High and opening price was 422Rs, total return 5.5% from 17th Oct to till date , Stock is still performing, So i suggest you book partial profit in IGL and carry on partial holding for the target of 457Rs. and suppose stock will reach again 409 level then again buy IGL.

 

Thanks and Regards 
 
Rohit Saxena

Phone No: 09899365905
Mail Id: simmi9sep@gmail.com

Losers say it is hard and impossible, but winners say it is hard but not impossible."