We recommend two stocks here and suggest to diversify the trading capital equally:
| Capital Allocation | |
| 1. ACC Limited | 50% |
| 2. BPCL Limited | 50% |
Hypothetically, ₹1,00,000 /- (1 Lakh) capital should be diversified in this way:
- ACC Limited: 50,000/-
- BPCL Limited: 50,000/-
POSITIONAL TRADING ADVICE - Stock # 1
BUY ACC Limited (NSE: ACC)
Capital Allocation – 50%
ACC LIMITED STOCK RECOMMENDATION
Target1520 – 1550Duration12 – 15 Trading Days
| CP# | 1397.85 |
| Idea | BUY |
| Buy Range | 1405 – 1415 |
| StopLoss* | 1360 |
| 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.
POSITIONAL TRADING ADVICE - Stock # 2
BUY Bharat Petroleum (NSE: BPCL)
Capital Allocation – 50%
BPCL STOCK RECOMMENDATION
| CP# | 410.1 |
| Idea | BUY |
| Buy Range | 403 – 411 | Target | 450 – 470 |
| StopLoss* | 385 | Duration | 12 – 15 Trading Days |
| Potential Returns^ | 11 – 15% |
| CP# | Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns^ |
| 410.1 | BUY | 403 – 411 | 450 – 470 | 385 | 12 – 15 Trading Days | 11 – 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
Ultra Equity Advice 143: consist of 2 stocks
— Goodluck Capital (@CapitalGoodluck) August 27, 2020
Date: 27 Aug 2020
● stock 1: ████
● stock 2: ████
Positional #trading recommendation - Buy
Risk : Reward ratio = 1:2 to 1:4
original post: 👇https://t.co/G4inn08qmh
