Porinju Veliyath & Dolly Khanna Forum

Technical view: Nifty will now attempt the previous high of 8968 hit in September 2016 which will act as resistance while support now emerges closer to 8840 which was the earlier resistance. Bank Nifty is in blue sky territory with new highs being seen & will attempt 21200 while support now come...

Technical view: Nifty will now attempt the previous high of 8968 hit in September 2016 which will act as resistance while support now emerges closer to 8840 which was the earlier resistance. Bank Nifty is in blue sky territory with new highs being seen & will attempt 21200 while support now come...

Godrej Industries Limited - BUY CMP: Rs 510; 6-9 Months Target: Rs 610; Stop Loss Rs 462, Upside: 19.6% “Rising channel breakout” The stock attempted to breach past the higher end of the trading range over five times in the past four years but failed to do so. However last week, Godrej Industries fi...

Technical view: Nifty now finds strong support around 8800 which was the earlier resistance & will find resistance around 8940-8968 the previous highs hit in late August 2016.Bank Nifty also finds strong support @ 20500 & will look to retest 20900 the previous top. Trading ideas (Time period...

Ashish Maheshwari of Blue Ocean Strategic Advisors has recommended investment in GAIL and L&T Finance Holding My first stock idea is to buy Gas Authority of India or GAIL. This time their Q3 performance was quite robust and net profit went up from Rs 670 odd crore to almost Rs 983 crore. There a...

Ashish Maheshwari of Blue Ocean Strategic Advisors has recommended investment in GAIL and L&T Finance Holding My first stock idea is to buy Gas Authority of India or GAIL. This time their Q3 performance was quite robust and net profit went up from Rs 670 odd crore to almost Rs 983 crore. There a...

Siddhartha Khemka, Head-Equity Research Wealth, Centrum Broking, believes Essel Propack is a buy recommendation at current level for about 25% upside from current levels. Why do you like Essel Propack? We recently initiated coverage on Essel Propack. It is clear in the laminated tube segment and a m...

Petronet LNG Ltd - BUY CMP: Rs 396-402, 3 Months Target: Rs 460 Stop Loss: Rs 364, Upside: 16.2% “Symmetrical triangle breakout” Petronet LNG Ltd is trading in a strong higher top higher bottom chart structure and is on the verge of breaching its lifetime high of Rs 410.90. Analyzing the longer time...

DERIVATIVE NOTE Pair Trade – Long BPCL & Short IOC Buy BPCL March Future @ 665 (2 lot) and IOC March Future @ 387 (3 lot) Entry price ratio: 1.70 to 1.72 ratio range Target price ratio: 1.98 Stop loss price ratio: 1.65 Ratio: Current BPCL/IOC stands at 1.718 (i.e.665.3 (BPCL)/387.25 (IOC)) Optio...

Technical view: Nifty finds strong support around 8770 which was an earlier resistance while 8900 acts as strong resistance. Bank Nifty now finds support around 20500 while 20900 will act as resistance. Trading ideas (Time period: 1-3 days) PETRONET (Buy above Rs 401, for target of Rs 418, SL at Rs ...