Sunday, 7 February 2016

Central Bank Ltd.

 Central Bank Ltd. is very weak on chart and no sign of any reversal has been seen on chart. If one has to buy this stock  then he should wait to cross the level of Rs.67/- decisively or he has to buy this in dip around Rs.43/- to Rs.45/-. The stock may slide to these level if it breaks down the level of Rs.59/- on closing basis. Hence, one should make short position in this stock with stop loss of Rs.67/- for immediate target of Rs.59/- and then for the target of Rs.43/-. The stock is currently trading around Rs.60.90/-.

Discloser-
 I am not registered with SEBI and also not have any financial interest over any particular stock. Here  I share only my personal views and ideas of trading and investing in the Indian stock market. Before investing or trading one should consult his professional adviser or should take his own decision. I/blog author will not be responsible for any loss or profit due to trade or invest through effecting by my ideas or views. Before trading or investing one should apply his own mind or consult his professional financial adviser.
Post a Comment