Thursday, 2 May 2019

STOCK ALERT - STERLITE TECHNO.

Hi friends many times I have given long term picks but today let's try something new today I am giving a stock alert to exit it or to caution about it if anyone is holding it or interested to buy it.


Stock name is Sterlite techno ( strtech ) looking very weak CMP 190 it has major resistance at 240.

So those who are interested in buying it don't buy this stock untill it give close above 240 avoid buying it.

Now what to do if anyone is holding it ?

If you are already invested in it by your own exit it and better to shift to any other strong fundamental stock like as it can give you good returns with safety than Sterlite techno if Sterlite techno will move up than this stocks will also move up so there is nothing to lose in it but to be safe shift to any strong fundamental stock and exit from Sterlite techno till it close above 240.

Rest choice is yours still no one is saying that it is weak stock but don't know it is looking weak to me.

Disclaimer - make your own research before taking any decision or ask to your financial advisor before buying or selling of any stock I have just Given my Personal view don't take it as recommendation.




35 comments:

  1. Hello Sir, Can you please share your view on Biocon, Past 5 days its keep falling and I have few stock in short term long. Any SL would be highly appreciated

    ReplyDelete
    Replies
    1. Biocon already said to exit after it result now already down much 550 is major support

      Delete
  2. Hello sir, Good day.
    Why today TCS is down (2%). Is there any reason. What is the price that one can buy.
    Thank you in advance

    ReplyDelete
    Replies
    1. It is down due to rupee is strengthened buy on any dips

      2040 is major support may not break it

      Delete
  3. Thank you so much for your response

    ReplyDelete
  4. Sir heg stil holding or not.
    As it has given close above 1725

    ReplyDelete
    Replies
    1. Nope already given exit call near cost only if you are holding exit tomorrow if open gap up no problem

      Delete
    2. Sir g i bot heg @1740 my view is for 3/4 month.
      Should i hold or exit.
      It is gud for short ot med term.
      Whats your view on it??

      Delete
    3. Midcap smallcap short term only after election result Till that it may not move up so better to exit on rise

      Delete
  5. Very good calls! Ur ardent fan! I have been holding jubilant and pvr..made real good..

    Jubilant booked today..shall we enter again for positional? This time good results also expected

    ReplyDelete
    Replies
    1. Yes you can enter again jubiliant

      Thank you

      Delete
    2. Sir u didn't reply 2 years ago u told to buy wock pharma @900 I have 100nshares still of wock @900 believing u i bot..now plss tell me what to do...plss reply...plsss I repeat plss

      Delete
    3. Bro already replied you earlier also

      Still it is above 500 view is positive

      900 possible or not how can be known ???

      No one can say what will happen but we can only use SUPPORT and resistance

      SUPPORT 500 and 440

      Resistance 700-750

      Delete
  6. Sir ipappm ... Result description... What target we can expect sir...

    ReplyDelete
    Replies
    1. Yes I will publish it soon may be after 1-2 hours

      Delete
  7. Sir, how is britannia? Is it good for long term?

    ReplyDelete
  8. Raj bhai. What is your view on Reliance Capital? I am holding the same @ Rs.175/-. Can you please help with your views?

    ReplyDelete
    Replies
    1. Many times said since 500 that exit from reliance capital or any adag stocks said many time now all are about 50-90% down from that levels still exit on rise and shift to any good fundamental stock

      Delete
  9. Sir ji
    Ipappm, whats your view. Gapup?

    ReplyDelete
  10. Raj Bhai, What's your views on sun pharma

    ReplyDelete
    Replies
    1. Sun Pharma major support at 440

      My view negative for this stock there are many better pharma companies

      Delete
  11. Dear Dattanibhai,
    I am holding Vedanta @202. Pls share your view for the same.

    ReplyDelete
    Replies
    1. Exit shift to any good fundamental stock

      Delete
    2. If want to be in metal only than buy JSW steel or Tata Steel otherwise shit to any other good sector which is not a commodity play

      Delete
  12. Hello sir
    Some days ago I heard news on business channels that China has started production again in fiber optic cable which were closed due to environment norms and offerings low rates to india.from that day sterlite is continues falling .at that time sterlite was at 300.

    ReplyDelete
    Replies
    1. Yes may be possible but chart pattern currently is very weak if cross 240 than only it will be good otherwise it is negative

      Delete
  13. Sir nice call given by you its awesome.
    Yes bank PE superrr sir Ji......

    ReplyDelete
  14. Sir I am holding 300 shares@147 of yes bank....what to do today CMp is 56 wheather to average it in order to exit from stock or wheather not to AVG and book the loss plz guide ne

    ReplyDelete
    Replies
    1. Currently hold don't do anything as now only 50 rs left in yesbank so here you can not take any action just hold

      Delete
  15. Dear Sir

    What's your short term view ( 1 month)
    On Shakti Pumps

    ReplyDelete
    Replies
    1. Support at 240

      If you have bought it keep Sl of 240

      I have nuetral view on it

      Delete