Answers to Readers Stocks Queries

Answers to readers queries is listed below:

Question:Santosh:hi sir, i am impressed a lot with u r blog and also i am gaining good profits. now i want to ask one queston to u sir i bought jaicorporation @1220 qty 20 shares.is it good to hold plz reply to my mail id as soon as possible bcz iam loosing daily 1000rupees.thank u.

Answer:@ Santosh, thanks for your encouraging words. I hope it is general query for Jai Corp as at no stage I have recommended investment in it. Technically charts have given an exit signal as per 5 day moving average. For today trading hold it if it trades above 1041 else exit as it has target in short term for 994.

Question:Almas:Shall I hold 50 stocks of gitanjali gems or sell?.What about its trend.plz advice me.

Answer: @ Almas: Gitanjali is a good long term story and today it can be traded above 390 for a target of 399,405. Have patience as it has good brands and with festive season round the corner it will post good numbers.

Question:ananthvivek:hello sir, i have bought 75 shares of IFCI at Rs.99 and WWIL at Rs.60. can u plz tell me the future of these srocks.

Answer: IFCI is a story which was recommended by us at 70 levels. Hold the stock above 80 levels. The stock in future may hit 107 levels. I have not recommended WWIl to be held at any stage and thus assume it as a general query and breaking of 39 levels one must exit.