View on NHPC and Autoline Industries

NHPC seems going up whereas Autoline Industries is at a good support levels around 135, thereby SL is not far. Comments ?

 

nhpc has got a break out, but autoline inustries, yes getting support, but is in down trend, so i would not like to buy this stock.

 

Thanks Shweta.. About Autoline the fundamentals as well warrant a good value buy. The industry PE is around 22 while this share trades at 5 PE. Hence not from a trading perspective alone.
Hope my view is clear.

 

thanks naveen for the knowledge....i don't have much knowledge of fundamental analysis.

 

I think NHPC has a target of 28... Please comment.

 

Trailing SL ? Can we add to positions at current levels too ?

 

hmm... not Autoline anyway.. I meant NHPC

 

nhpc today went upto 29 today....isn't too high to buy and we should wait for correction to happen and buy after getting support from 26.6

 

Thanks Shweta.

Being little too optimisitic seeing the huge volumes of buy..and narrow volumes during downside, i bought @ 28.30 levels. Sometimes if it manages to cross 30, it could even have more upside psychologically. Seeing the volumes during buys, i dont expect the stock to touch or test 26.6 levels. Infact my SL is around those levels . Already hold 50% @ 25.6 levels as well.

 

Thanks Shabbir