We recommend four stocks here and suggest you to diversify the trading capital equally in the four stocks:
| Capital Allocation | |
| 1. Axis Bank | 25% |
| 2. DCB Bank | 25% |
| 3. IIFL Finance | 25% |
| 4. Tata Power | 25% |
Hypothetically, ₹1,00,000 /- (1 Lakh) capital should be diversified in this way:
- Axis Bank – 25,000/-
- DCB Bank – 25,000/-
- IIFL Finance – 25,000/-
- Tata Power – 25,000/-
Verify Ultra Swing Trading 146
To verify our authenticity and credibility, do check the trading position update and recommendation timestamp. Be assured such records are permanent and irreversible.
AXIS BANK STOCK RECOMMENDATION
| CP# | 492.95 |
| Idea | BUY |
| Buy Range | 484 – 490 |
| Target | 525 – 530 |
| StopLoss* | 470 |
| Duration | 18 – 20 Trading Days |
| Potential Returns^ | 8 – 9% |
| CP# | Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns^ |
| 492.95 | BUY | 484 – 490 | 525 – 530 | 470 | 18 – 20 Trading Days | 8 – 9% |
# CP – closing price on 19 Oct 2020.
Once 1st target hit, reset StopLoss at 509.
^ Potential returns are calculated based on the median of buy range.
POSITIONAL TRADING ADVICE - STOCK # 2
BUY DCB Bank (NSE: DCBBANK)
DCB BANK STOCK RECOMMENDATION
| CP# | 80.75 |
| Idea | BUY |
| Buy Range | 76 – 79 |
| Target | 90 – 93 |
| StopLoss* | 73 |
| Duration | 18 – 20 Trading Days |
| Potential Returns^ | 16 – 20% |
| CP# | Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns^ |
| 80.75 | BUY | 76 – 79 | 90 – 93 | 73 | 18 – 20 Trading Days | 16 – 20% |
# CP – closing price on 19 Oct 2020.
Once 1st target hit, reset StopLoss at 85.
^ Potential returns are calculated based on the median of buy range.
POSITIONAL TRADING ADVICE STOCK # 3
BUY IIFL Finance (NSE: IIFL)
IIFL FINANCE STOCK RECOMMENDATION
| CP# | 78.5 |
| Idea | BUY |
| Buy Range | 74.5 – 77 |
| Target | 92 – 95 |
| StopLoss* | 72 |
| Duration | 18 – 20 Trading Days |
| Potential Returns^ | 21 – 25% |
| CP# | Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns^ |
| 78.5 | BUY | 74.5 – 77 | 92 – 95 | 72 | 18 – 20 Trading Days | 21 – 25% |
# CP – closing price on 19 Oct 2020.
Once 1st target hit, reset StopLoss at 85.
^ Potential returns are calculated based on the median of buy range.
IIFL Finance TRADING UPDATE - POSITION & ACTIVITIES
TATA POWER STOCK RECOMMENDATION
| CP# | 55.2 |
| Idea | BUY |
| Buy Range | 53 – 55 |
| Target | 60 – 62 |
| StopLoss* | 51 |
| Duration | 18 – 20 Trading Days |
| Potential Returns^ | 11 – 15% |
| CP# | Idea | Buy Range | Target | StopLoss* | Duration | Potential Returns^ |
| 55.2 | BUY | 53 – 55 | 60 – 62 | 51 | 18 – 20 Trading Days | 11 – 15% |
# CP – closing price on 19 Oct 2020.
Once 1st target hit, reset StopLoss at 58.
^ Potential returns are calculated based on the median of buy range.
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Which stocks to buy today?
— Goodluck Capital (@CapitalGoodluck) October 20, 2020
Goodluck Capital’s Stock Recommendation:
Date: 20 Oct 2020
● stock 1: 8-9% Return
● stock 2: 16-20% Return
● stock 3: 21-25% Return
● stock 4: 11-15% Returnhttps://t.co/UVg4uLFXx9#tradingtips #tradingstrategy
