WHY BPCL STOCK GOING DOWN ? SHOULD WE BUY THIS STOCK ?

 BUY BPCL FUTURE ABOVE 357 TARGET 362.20 SL 354

SELL BPCL FUTURE BELOW 355 TARGET 350.20 SL 360

BPCL stock will zoom like rocket once government will give green signal to bid submission for the privatization of the oil marketing company.This time government will give green signal for the privatization of the oil marketing company because government is facing severe cash crunch.However Bottom Fishing is main problem in BPCL as of now wait and watch for remaining two trading sessions.Try to accumulate a small quantity of shares in every big dip below RS :300 is equal to gold mine.

BPCL stock price moved down by -8.67% from its previous close of Rs 386.55. Bharat Petroleum Corporation Ltd. stock last traded price is 353.05. Stocks of BPCL tanked over 7 % in wednesday’s trade after the government extended bid submission deadline for the privatization of the oil marketing company for the fourth time in a row from September 30 to November 16.
FOR FUTURE & OPTION TRADING TIPS FILL UP THIS FORM 👉👉

STOCKS TO TRADE IN COMING DAYS

 

As expected market remained volatile throughout the day. Fluctuating between losses and gains before finally ending the day flat.Today Sensex rose 95 points to 38067 while the Nifty retested 11300 levels only to reverse the gains to end the day 25 points higher at 11247. The volatility will continue due to the surge in coronavirus infections, US elections and geopolitical reasons. Some bit of volatility and consolidation can happen. However, structurally, we may see decent liquidity for a good period of time. At times like these, buying on decline is be a better strategy with a defensive portfolio positioning.

SEVEN HEALTHY STOCKS 👇
HEROMOTOCORP- This stock is in a sweet spot as strong rural-led recovery plays to its strength in the economy and executive category in the motorcycles segment. We believe Hero MotoCorp has multiple re-rating triggers, including the return of volume growth, a possible foothold in premium motorcycles, scooters and exports.

HCL TECNOLOGY-  HCL Tech given its robust business model, high return ratios, strong management team, and a reasonable valuation. We expect HCL Tech to better navigate the current crisis and emerge stronger due to an expected increase in enterprise demand for digital services. Our confidence partly stems from the company’s historical track record of adapting to multiple business challenges and technology change cycles.

BHARTIAIRTEL- The sharp correction of 25 % over the last month offers a strong risk-reward from current levels and would scale to all-time high levels over the next few years.

HDFC- This stock increasing credit by the bank's subsidiary provides an opportunity for further penetration of the client base and stable margins to deliver consistent growth in earnings and valuations.

ICICIBANK- ICICI Bank is well-positioned to deliver strong business momentum with advances growth of 17%, a consistent margin of 3% & better asset quality to aid return ratios.The stock trades at 1.8 times FY22E adjusted book value below the long-term average and price correction of 30% is providing comfort at the current levels.

UPL- UPL remains well-positioned for long-term growth given its strong market position, diverse product offering, expectations of reduced debt levels and decent revenue and cost synergies from Arysta acquisition.

FOR SUCH LIVE MARKET TIPS PLEASE FILL UP THIS FORM👉👉👉👉👉

STOCK MARKET OUTLOOK & TIPS FOR 30 SEP 2020

" BUY  TATASTEEL 390 CALL @ 9 TARGET 13"

Tuesday market closed marginally in the red tracking the muted trend in the global markets. Today Sensex failed to hold on 38000 while Nifty closed marginally in the red but above11200 levels. After a gap-up opening the nifty grew volatile, before ending the day flat. Buying was witnesses in the metal, IT and auto sectors In Ceat stock price jumped 6 % after the company plans to raise up to Rs 500 crore via non-convertible debentures.Hindustan zinc was alos in green & Jet Airways stock price jumped 5%. While bank FMCG, infra, pharma and energy indices ended in the red. Sectorally  Consumer Durable stocks rose 1.9%, followed by Metal stocks which was up 1.8% and Selling pressure was seen in stocks like Telecom which was down 2.1% followed by  Utilities that fell 1.5 % and the Public Sector was down 1.4%.we advised to refrain from creating long positions on dip whereas intraday traders can short below 11180 for a modest target of 11100 levels with intraday high as stop loss level.
TOP GAINERS-JSWSTEEL,HEROMOTCO,HINDALCO
TOP LOSERS-UPL,INDUSIND BANK,ONGC
FOR GETTING INTRADAY TIPS WHATSAPP ON 7772909587

NO MONDAY BLUES FOR THE BULLS

FOR INTRADAY TRADING TIPS PLEASE WHATSAPP ON 7772909587

Bulls was in control on  September 28 tracking positive global and local factors. The action was seen in the public sector, power, auto, banks, and oil & gas with 3% up. Last thursday market witnessed volatile expiry of September f&o  where nifty fell by about 4 % but there were no today blues. The markets kept the upward momentum on for the entire day. However, the level to watch out for is 11300-11350 but there is always a possibility of a U-turn from the current levels and the Nifty might attempt to go and test the 10750 level.  Today Sensex was up 592 points  at 37981 and  nifty was up 177 points  at 11227. Today indusind Bank, Bajaj Finance, Axis Bank, Tata Motors and Power Grid were among major gainers  while losers were Wipro, HUL, Nestle and Infosys.
TOP GAINERS-INDUSINDBANK,AXISBANK,TATAMOTORS
TOP LOSERS-WIPRO, HINDUNILVR, INFY