Your Views on These Stocks

Stocks
1

Hey Guys,

Do you have a view on following stocks

  • TWL : Bought @125.5
  • BPL : Bought @72.25
  • PNB: Bought @146.45
  • Fortis: Bought @201.75
  • Bhel: Bought @ 157.7
  • GVKPL : Bought @ 7.25

Guys pls share your views on these stocks

2

Hello,

You will have to monitor the immediate Support and Resistance levels to see how a stock will perform in the near future.

Lets take an example for TWL -

image.png1606Ă—972 91.2 KB

If TWL breaks the immediate resistance of 108 and holds above these levels, then this could lead to an upmove. Let’s take intervals of 10 for the sake of convenience. It could move to 118, 128 and so on. This is just an assumption for the sake of placing targets.

If TWL tests its support of 100 and then breaks this support and holds below these levels, then you can see more selling here. It could go to 90, 80 and so on.

You can apply the same logic for all your stocks. Use google finance charts to quickly find out your immediate levels for analysis.

1 Like
3

Hey @BharatW isn’t discussing stock specific queries here is not allowed as written in community standards

4

@harshendrasingh, that is true although I haven’t made any stock specific discussion. I have only discussed levels - supports and resistance. You can replace TWL with any other stock name, it shouldn’t matter.

6

Countless times people have discussed n posted Stocks specific queries on this forum. If we will not discuss stocks specific queries then do we have to discuss bollywood movies here? !!