Hindustan Motors & Ispat Industries

#2
I am also looking for short term targets for ispat industries. Since last one mnth its been moving up and down b/w 26 and 31. Can anyone guide as to when it will break out of these margins?
 
#3
Dont go for ispat i have been tracking this share for quite a while now and its not clearing the 30 border line... so look for something else... in my view....
 
#4
At last ispat has broken out of its range (patience pays!)..despite most stocks moving down during the muhurat session, ispat was having a good rally..looks ceratin to reach 41-42 early next wk, hopefully :)
 

daitya

Active Member
#5
Whats you view on Hindustan Motors & Ispat Industries for short term basis ?

Thank you
Hindustan Motors is producing falling wedge..So more chances of uptrend.
Read more at "hxxp://www.thestockbandit.com/Falling-wedge.htm"
Wait for the breakout for fresh entry..


PS: This is not a trading advice..do your own research..
 
Last edited:

mech71

Active Member
#6
Heard rumours of ISPAT INDS. coming in FNO. Based on this rumour only, is the stock on fire or there is more to that ????????
 

Prabhjeet

Well-Known Member
#7
f&O or no f&o ISPAT may take everybody by surprise once it reaches 40 levels it would be easily able to reach 60-65 levels but remember one thing this stock is not for weak hearted so better buy on dips, currently 30 seems to be support and a really good buying level if you can buy it at that level it would be great otherwise dont try to run after a train at full speed it can hurt you really badly
 
#8
Guys, news is that ispat has formed alliance with uttam galva, another mid size steel company..this could have been the trigger for the rise in its share prices
 

Similar threads