Friday, 18 March 2016

Eros International Media ltd.

Buy Eros International Media Ltd for target of Rs.190/- with strict stop-loss of Rs.167/-. Today the stock has opened with strong gap up and is currently trading at Rs.173/-. On chart there is strong base around the level of Rs.167/-. Hence one should hold it with said stop-loss for short term target of Rs.190/- After good correction this stock has  make its bottom and trying to give upward movement. One should ride on the momentum but with strict stop-loss. The risk reward ratio is looking very favorable.

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.
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