OUR VIEW: SELL HINDPETRO FUT AT 503, WITH TARGET 493 / 487. STOP LOSS FOR THIS TRADE CAN BE AROUND 506(SPOT). WE SAW BEARISH PATTERN FORMED YESTERDAY AND CONFIRMED THIS TODAY. ... [Continue Reading]
Binani Ind. Jumped 85% in 5 Sessions
Surged up by news on delisting its cement arm, Binani Industries has surged 85% in the markets over the last five trading sessions. It touched a 52-week high yesterday of Rs 203.60 and gained a further 9.99%, or Rs 18.50 to close at Rs 203.60. There were pending buy orders of 385,815 shares, with no sellers available. Why the stock is up 85%? The stock hit the upper circuit on the Bombay ... [Continue Reading]
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