Call Updates on 22nd November 2016. From www.gale.in
You can see that ONGC had spiked 2% on Open and had seen buying opportunity at 276.
ONGC being high market capital stock see it move to 290 level in a week time. Reliance can also be bought for 2% upside tomorrow.
On BPCL considering it costlier to MRPL. MRPL has spike 7-8% in trade today while BPCL has moved on 1% up.
BPCL sell call has been cancelled out.
EIL is Still strong at 270-275 level. Looks to consolidate before spiking to 290.
Havells was strong by 2-3% at open and has corrected to 307 levels presenting a strong buy/accumulation price, Stock slowly moved to 316 levels with the market. Voltas on the other hand had presented a strong buy price at 290 at open which rallied to 303 levels.
Tomorrow on can sell Voltas at 303 to 308 and Buy Havells at 307 to 311 if any opportunity is presented.
India Cement opened at 110 and Prism cements opened at 90. While buying India Cements at 110 stock rallied to 114 while prism cements drops 3-4% to 87. Profit of 7% was made.
NTPC, Power Grid, SBI, PNB and BoB has fallen to support level of 151, 181, 252, 134 and 158 respectively during the day. Stocks had presented a intra day buying opportunity for 2% upside.
IGL was a strong buy at 808-815 levels while Petronet LNG being in a bull market was a sell at levels closer to 380-383. IGL had spiked in late trade to 829. solid 3% profit!