⭐️ Ultra Equity Advice 143 | Buy

We recommend two stocks here and suggest to diversify the trading capital equally:

Capital Allocation
1. ACC Limited50%
2. BPCL Limited50%

Hypothetically, ₹1,00,000 /- (1 Lakh) capital should be diversified in this way:

  1.   ACC Limited:  50,000/-
  2.   BPCL Limited: 50,000/-

 Verify Ultra Equity Advice 143

To verify our authenticity and credibility, do check the trading position update and recommendation timestamp. Be assured such records are permanent and irreversible.

 BUY   ACC Limited (NSE: ACC)
Capital Allocation – 50%

ACC LIMITED STOCK RECOMMENDATION

CP#1397.85
IdeaBUY
Buy Range1405 – 1415
Target1520 – 1550
StopLoss*1360
Duration12 – 15 Trading Days
Potential Returns^8 – 10%
CP# Idea Buy Range Target StopLoss* Duration Potential Returns^
1397.85 BUY 1405 – 1415 1520 – 1550 1360 12 – 15 Trading Days 8 – 10%

# CP – closing price on 26 Aug 2020.
Once 1st target hit, reset StopLoss at 1460.
^ Potential returns are calculated based on the median of buy range.

ACC SHARE TRADING UPDATE - POSITION & ACTIVITIES

Buy ACC Limited by GoodluckCapital on TradingView

POSITIONAL SHARE TRADING ADVICE # 2

 BUY   Bharat Petroleum (NSE: BPCL)
Capital Allocation – 50%

BPCL STOCK RECOMMENDATION

CP#410.1
IdeaBUY
Buy Range403 – 411
Target450 – 470
StopLoss*385
Duration12 – 15 Trading Days
Potential Returns^11 – 15%
CP#IdeaBuy RangeTargetStopLoss*DurationPotential Returns^
410.1BUY403 – 411450 – 47038512 – 15 Trading Days11 – 15%

# CP – closing price on 26 Aug 2020.
Once 1st target hit, reset StopLoss at 430.
^ Potential returns are calculated based on the median of buy range.

BPCL SHARE TRADING UPDATE - POSITION & ACTIVITIES

Follow ULTRA EQUITY ADVICE #143 On Social Media

MONEY MANAGEMENT AND TRADING RULES

1)  It’s advisable not to enter/exit beyond the recommended range.
2)  Strictly follow the StopLoss as mentioned. Honour it.
3)  Use trailing StopLoss to retain profits.
4)  Diversify trading capital into our other technical recommendations.
5)  Risk only the money what you can afford to lose. Hedge accordingly.

ANALYST SUMMARY

The research analysis is prepared by Arijit Banerjee, CMT, CFTe. He is a veteran trader and an active investor having in-depth knowledge in financial market research, advanced technical analysis, market cycle, algorithmic trading and portfolio management. Arijit is a Chartered Market Technician (CMT) accredited by CMT Association USA, the leading global authority of Technical Analysis and has been honoured by Certified Financial Technician (CFTe) from the International Federation of Technical Analysts, USA. SEBI, the regulatory body of Indian financial market also recognizes him as a Research Analyst (INH300006582).

Disclosure

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.

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