Saturday, 2 April 2016

Mukta Arts ltd.- Hot stock for trading

     Mukta Arts Ltd.  is looking very good and showing good strength on chart. This stock is currently trading at Rs.70.35/- on NSE with huge volume of almost 5 times more than its monthly average volume . One should buy it with strict stoploss of Rs.67/- for intraday 1st target of Rs.72.40/- , 2nd  target of Rs.73.40/-. One should hold this stock with above said stoploss. In short term the stock may see the level of Rs.79/- to Rs.85/- Now the stock is trading over its 50 days moving average with almost 29% delivery volume. The company has up to 38 screens already and for FY.17, the company plans to add another 50 screens. one should hold it 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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