SBI ---
The stock has been a favorite and have been suggesting a buy on dips to 1800 for quite some time. FInally the stock has broken out above the resistance of 1950. Can take it to 2050-2100.
Stoploss 1880.
HDIL --- The stock can give a sharp move above 102-103 to 115.
High risk high returns
India Bulls Real Estate
This is one of my recommendations today on CNBC Bulls Eye program.
Breakout confirmed above 78 can now head to 90 also.
Disclosure: Have already recommended the above stocks at lower levels to clients.
Happy Trading ,
Nooresh Merani
November 7, 2011
Hello Sir,
would appreciate your views on IndiaBulls Finance, seems like convergance case to me.
Kind regards
November 14, 2011
Sir,
what is ur current view on SBI
After breaking 1950 it fell sharply
I bought it at 1961 , what shall do ? average it at current level? or exit
regards
Anjali
November 15, 2011
Hi Anjali,
I have remained bullish on the stock with a longer term view.
But we may expect downside to be over around 1600 in worst case.
July 24, 2015
Dear Sir,
I am hold HDIL @ 90\-, what is your opinion on it.
Thanks