Monthly call update: BPCL hits 675 and MRPL hits 111. exactly in a month.
Continue Holding Stocks. MRPL struggling to break 112-115. Stock shall break the same and move towards 140 on a good Q4. Target 140. 3 months. BPCL is always an accumulate on dips. Target 780. 3 months.
Our earlier recommendation given on 8th March 2017.
Add MRPL shares on dip towards 100 and BPCL shares on dip towards 620.
MRPL can move towards 112-115 in a month. SL 96.
BPCL can move towards 675-695 in a month. SL 580.
Tip: Always own 30-40 stocks diversified across sectors and stocks within sector. Holding stocks longer will always help you in minimizing your losses. Proper Money Management will help you marginally short term and which will help you gain huge money in long run. Always stay updated of micros and macros of the economics. smiles!
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