|Author: Partha Kansabanik 16 Jul 2016 Member Level: Diamond Points : 2 (Rs 2) Voting Score: 0|
There is no short-term impetus for the script to rise right now. The script is facing resistance at Rs. 70/-. It will remain range-bound for next few weeks. If you have purchased the stock for short-term trading purpose, it won't give you much profit (considering the resistance at Rs. 70/- level).
|Author: Sheo Shankar Jha 17 Jul 2016 Member Level: Gold Points : 2 (Rs 2) Voting Score: 0|
The current price of the share is hovering around Re 65/- and if you anticipate any escalation in its price in near future, it is not likely to be seen. The best way would be to retain the same at this stage.
The future scenario of this metal seems to be bright because of its possibility of consumption in the industries. So it is not advisable to dispose it off right now.