Stocks to watch: RPL, RNRL (CNBC-TV18, Moneycontrol.com) The markets closed in the green on the last day of the year despite some mixed cues from Asia and Europe. Sensex closed up 80.04 points or 0.40% at 20286.99, and the Nifty up 58.90 points or 0.97% at 6138.60.
Technical analyst Deepak Mohoni of Trendwatchindia is positive on RPL, RNRL
This is how Deepak Mohoni views stocks on board:
On IFCI:
IFCI has been the news driven stock and the same volatility I was talking about that a little piece of good news the market is up 13%-14%, one piece of bad news market is down 20% that day. So I would say trade it but don’t risk but the long-term trend is still up.
On RPL and RNRL:
Well certainly not for long-term investing but for short-term trades, whenever they start making their moves, they are fairly rewarding stocks. So one can’t really ignore them while this sort of bull market goes on.
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Technical analyst Deepak Mohoni of Trendwatchindia is positive on RPL, RNRL
This is how Deepak Mohoni views stocks on board:
On IFCI:
IFCI has been the news driven stock and the same volatility I was talking about that a little piece of good news the market is up 13%-14%, one piece of bad news market is down 20% that day. So I would say trade it but don’t risk but the long-term trend is still up.
On RPL and RNRL:
Well certainly not for long-term investing but for short-term trades, whenever they start making their moves, they are fairly rewarding stocks. So one can’t really ignore them while this sort of bull market goes on.
More
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