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Positional·Markets Desk·Mon, 20 Jul
2 Positional Ideas: MCX, CDSL Set Up for Trend Riding
PLIndiaOnline and 2 other desks identified 2 positional trade opportunities, recommending trend-following positions with wider time horizons.
By Markets Desk·5 Calls·2 Buy, 3 Sell
PLIndiaOnline and 2 other registered desks issued 5 equity positional recommendations today, designed for positional traders riding medium-term trends. The batch carries a bearish bias — 2 buys against 3 sells — covering 2 stocks.
MCX attracted 3 separate recommendations from registered analysts — PLIndiaOnline issued a sell at ₹2,788.6 targeting ₹2,600; PLTechnicalResearch issued a sell at ₹2,741 targeting ₹2,650 (stop ₹2,800); PLTechnicalResearch issued a sell at ₹2,741 targeting ₹2,600 (stop ₹2,800).
CDSL attracted 2 separate recommendations from registered analysts — Systematixgroup issued a buy at ₹1,420 targeting ₹1,525 (stop ₹1,320); Systematixgroup issued a buy at ₹1,420 targeting ₹1,620 (stop ₹1,320).
Positional trades are trend-following in nature. Trail stoplosses as the trade moves in your favour and avoid averaging down against the trend.
All recommendations reproduced here originate exclusively from SEBI-registered Research Analysts and are published for informational purposes only. These are not buy or sell recommendations from this publication. Registration with SEBI does not guarantee returns. Investing in securities markets is subject to market risks — read all related documents carefully before investing.
Analyst Sources
PLIndiaOnlinePLTechnicalResearchSystematixgroup
Disclaimer
All recommendations published on Bharatstox are sourced exclusively from SEBI-registered Research Analysts. Registration with SEBI does not guarantee returns or the performance of the intermediary. Investing in securities markets is subject to market risks. Read all related documents carefully before investing. This article is for informational purposes only and does not constitute investment advice.