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Achiievers' Positional Calls as of 08 Aug 2016: Buy Bharat Forge and Ingersoll-Rand

Achiievers Equities | 08 Aug, 2016  | Follow Author | Add to my Favourites 
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  • Bharat Forge (814.30)

Buy and also buy if there were to be any decline in profit taking. Medium term targets would be 915, 967 and 1003.

  • Ingersoll Rand (747)


Buy; stop below 717; targets 786 - 790 and 815. short to medium term targets.

All medium term targets are for a maximum time period of Ian 2017.

Important Note:

In the positional trading newsletter, you get short to medium term recommendations as well as swing trades. There could also be a mix of instruments in a trading call like a future reco combined with an option reco. These calls could also be plain and simple delivery based long calls that can be executed in the cash segment Since these are positional trades their duration, target and stop-loss are all larger than intraday recommendations. These calls are necessarily riskier compared to day trading recommendations in that their stop-loss levels are much stretched.

Trade accordingly depending on your risk-appetite and risk-tolerance. Since these are essentially trading recommendations they are accompanied with stop-loss levels but you may decide to hold them for longer term if you so desire.


About Achiievers Equities

Achiievers Equities is one of India’s leading financial conglomerates, offering complete financial solutions that encompass every sphere of life. They have expertise in advisory services for both cash and derivative sides of capital and commodity market and are also distributors of savings/investment instruments like Mutual Fund, Bonds, IPO, Corporate Fixed Deposits and Insurance.

For more information please contact [email protected]

Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.

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