- Bharat Petroleum - Entry Price of 352.5/353, Stop Loss @ 343 & Target @ 388
- MRPL - Entry Price of 35.5/36, Stop Loss @ 34.5 & Target @ 39 to 42
- Atlas Cycles - Entry Price of 225, Stop Loss @ 218 & Target @ 245
Today's three stock picks for the medium term are as below. Do watch the videos in English or Hindi below.
Watch my latest video below on how to choose a time frame for trading/investing. Know the key factors you'll need to keep in mind when choosing the right time frame for your trading & investment needs.
Intuit (INTU) has given a buy signal on the 27th June 2013 with the break of resistance at 59.75 & an entry price of 60.3. The chart shows the stock to be volatile, which is a sign of caution for investors as the stock might move in large price ranges very easily, but at the same time being a high risk stock it might also be a high return investment.
Major resistances, as of now, lie at 63.45 & 66.8. If and when the stock closes above its highest resistance at 66.8 & further remains above it, we might see a continuation of the present trend into a long term rally. Support and stop loss lies at 55.5 as of now.
Support – 55.5
Resistances – 63.45, 66.8