BUY Essar Oil @ 77 target of 105 with a stop loss of 72.The stock faces resistance at 81 and 92.Time Tenor: 2 Months
Potential Profit 36%Likely Loss 7%
Potential Profit 36%Likely Loss 7%
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- Stock Trading involves high risks and you can lose a substantial amount of money. The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip.