Monday, 1 May 2017

Live Questions and Answer Session with Puneet Marwah


                  

Sharath P
1. India Cements 2. Rattan India Power

India cements - Stock has broken ascending triangle formation ; stock has more credentials, one of the best scripts, Numbers will take time to move forward. Motilal Oswal has invested in it. Buy stock in corelation to government spending on infrastructure. BUY around 203-204 for a target price of 270-280

Rattan India Power - flag pattern formation seen; Can BUY around 8.28 levels ; Resistance seen around 9 - 9.30 levels. Can consolidate for 2-3 months. If it breaks resistance with good volumes it can move upto 12-14 levels. Rounding Bottom Formation. Cup and Handle pattern in the making. Stop Loss at 7.50 If stop loss is broken with higher volumes and sustain below it then exit.

Pratik Mehta
I have bought Bank Nifty Monthly 22000 Put Option at 220. Views on the same.

Some heat left in PSU Banking stocks whereas Private Bank Stocks can see some correction. 21800 is a strong support. Advised to exit at Cost to Cost or in minor loss.

Thank You for your selfless service everytime. :-)





Sunil Bisht
About geecee ventures

Hold for 3 month target 170

Views on Dmart
Valuation is too high. Exit at current levels. And enter in tata motors.

Thanks Puneet sir and Deepa mam for the efforts.

Mohit vyas

Whts ur view on jaysharee tea
It's a good stock to hold 
One can enter the script at 102 levels with target 140
Recently in tht counter 2 to 3 lakh shared were bought

Magna electrocasting view?
technical view : exit
buy about 217-218 levels
potential currently to 201 or fall down..so better to exit.
liquidate and move to tatamotors soon.

Praveen
ONGC 185 CE view?
This month will be range bound so better exit with little profits or exit at supports 185 is support 189 is next resistance. can go until 235 its for delivery and longterm view. 

ONGC counter for it to move good points nifty should move about 150 to 200 points, this is highly liquid counter and just be very cautious if you are putting money on options.

looking to book with 2-3 profits or cost to cost exit.

DHFL 420 PE
look for targets around 14-15 and exit. 

evening start formation on it so it may test 406 levels but since this month will be range bound so just keep booking profits or else premium will be lost quickly.

RAHUL RANA
1. Whether to hold investment in Moser Baer Shares.
2. Whether to hold investment in JK Tyre Shares.

Ans1: Business model in itself is confusing, shaky and unconvincing of the above said company related to solar and storage media. Better to be out of scrip.

Ans2: Bought at 120. Hold with SL 145.




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