Prudentbroking and 4 other desks identified 5 positional trade opportunities, recommending trend-following positions with wider time horizons.
Prudentbroking and 4 other registered desks issued 8 equity positional recommendations today, designed for positional traders riding medium-term trends. The batch carries a bullish bias — 8 buys against 0 sells — covering 5 stocks.
HAL was flagged for a buy by Prudentbroking at ₹4,667, targeting ₹4,840 — a potential upside of +3.7%, with a stoploss at ₹4,585. The risk-to-reward ratio stands at 1:2.1.
GPIL attracted 2 separate recommendations from registered analysts — Equity99 issued a buy at ₹301.59 targeting ₹330 (stop ₹280); Equity99 issued a buy at ₹301.59 targeting ₹335 (stop ₹280).
GRANULES was flagged for a buy by Lakshmishree at ₹841.15, targeting ₹900 — a potential upside of +7.0%, with a stoploss at ₹800. The risk-to-reward ratio stands at 1:1.4.
Also covered: INDIACEM (₹1,350 → ₹1,450) via EQUIVESTRESEARCH; CGPOWER (₹871 → ₹878.8) via Aalgobreaths.
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.
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.