Friday, December 20, 2019

Tit - bits
#Texmaco Rail and Engineering Ltd is consolidating at the current levels.  It would be better if you book some profits,  if you have averaged when its price fell and hold the rest with a SL of Rs.32. The stock crossed Rs.35 on the upside yesterday. 

#We have bought some shares of Arvind Ltd at around the CMP Rs.39.85 on the hopes of the revival of the textile sector. If you buy, then please do keep a SL at Rs.37.

#The shares of United Bank of India seems to be in for a long consolidation phase.  But the question is why is the scrip not able to cross Rs.10 even after such good (last)  quarterly results? Are we missing something that the marker perhaps knows? Keep a SL at Rs.8.60. Don't add further.

#The stock of 63 Moons Technologies Ltd (Rs.103.05) today tried out  to break out of the current ranges and touched Rs.105.90. It needs to close above Rs.107 to give a decisive break out. Keep a SL at Rs.101.60.

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