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Friday, 7 October 2016

BPL Limited

 Dt.  07.10.2016 Time 6:32 PM.

BPL Ltd is looking very good and showing good strength on chart. This stock is currently trading at Rs.90.55/- on NSE with  huge volume of almost 3 times more that its monthly average volume and its delivery volume 31%. One should buy it with strict stoploss of Rs.85/- for short term target of Rs.105/- to Rs.110/-. A strong momentum may be seen in coming days with huge volume. One should hold it patiently with above said stop-loss. In current scenario It is looking very strong. A fresh momentum may be seen in this stock after crossing the level of Rs.95/-. One should hold it definitely for short to medium term. It's book value is itself Rs.16.64/- and it is trading above its book value.This stock has good potential to become multibagger from this level. This company is in the Consumer Goods - Electronic sector. The current market capitalisation stands at Rs 442.42 Cr. This stock may show good momentum from monday. Happy Investing....:)

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