Readers of this Blog would know that I am not a great fan of short term trading and have always felt that real wealth is created when you hold the right stocks for a long period. However, be that as it may, I am starting a new regimen wherein I would, purely on the basis of technicals and trending material inputs, put out short term trading ideas for the possible benefit of Readers of this Blog. All the best.
- INDIAN OIL CORP: BUY at cmp 269 for a target of 289 in about a month's time. Keep a stop loss at 255 on a closing basis.
- BPCL: BUY at cmp 764 for a possible target of 800 in a month's time. Keep a stop loss at 751 closing basis.
- HPCL: BUY at cmp 344 for a possible target of 372 in a month's time. Keep a stop loss at 325 closing basis.
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