Monday, 21 March 2016

Hercules Hoists Ltd.- Tomorrow's Stock For IntradayTtrading

     Hercules Hoists  Ltd. ls looking good on chart. It seems that the stock has made its bottom and is ready to move upwards. Today it is closed on Rs.155/- on NSE with huge volume of almost 45 times more than its monthly average volume. Intraday traders should buy this stock for 1st target of Rs.159.50/- and 2nd target of Rs.164/- with stoploss of Rs.148.50/-. If the stock crosses the level of Rs.159/- then fresh and strong momentum will come in this stock. In current momentum the stock may test the level of Rs.180/- to Rs.188/- i.e. almost 16% to 18% return from here in very short term. Hence, short term trader or investor should hold this stock patiently.

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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