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Friday, February 19, 2016
1. Those traders who entered Vedanta Ltd at around Rs.64-65 are suggested to book profit at Rs.75-74 and wait on the sidelines for the scrip to come around Rs.67-69, for taking fresh positions.
The crude oil prices have again started to play rock and roll and in such circumstances it would be better if you ply safe.
2. Rasoya Protein Ltd (Re.0.25) is yet to start its main plant and its power plants. Therefore, the investors are suggested to refrain from taking fresh positions in the counter.
3. This time many traders are expecting some form of incentives for the Gems and Jewelry sector, in the upcoming budget. Hence, traders can increase their holdings in Tara Jewels (Rs.42), Gitanjali Gems Ltd (Rs.33), P C Jeweller (Rs.401.25), etc. 4. Since the crude oil prices have again started to slip, it is better to stay put with cash, except in safe Heavens like Gold. Note: This message was sent to the Premium Groups, today morning.