Author: Editor@MagicalZERO

Previous Range Breakout Trading Strategy

PRB Strategy: Previous Range Breakout Intraday Strategy isanothervery popular and frequently used Range Breakout Intraday Trading strategy after Opening Range Breakout Strategy. PRB strategy is based on breakout of previous trading sessions trading range in any security or scrip. Trading range is defined by High and Low prices in given duration. As soon as 5 minute candle closes above or below the HIGH and LOW of range respectively, a trade is believed to have set…

Suspicious SMS to BUY Sunstar Realty Development Ltd BSE 535141

Received another Suspicious SMS with a recommendation to BUY Sunstar Realty Development Ltd BSE 535141. The SMS seems to have been sent by HP-KOTSEC or KOTAK SECURITY which I doubt. They are reputed organization and I have never subscribed to any Stock Tips Service with them or any one else. Basic fundamental analysis paint gloomy picture of this company Sunstar Realty Development Ltd 535141. Sale for past 4 Quarters is ZERO. Promoters stake is low….

Suspicious SMS to BUY BCPL International Ltd (BSE 538364)

Received a Suspicious SMS to BUY BCPL International Ltd (BSE 538364) on 4.01.2018 which has been sent by AD-MONYMR. I don’t remember subscribing to any Stock Tips or Stock Recommendation Services. This Company was incorporated as BCPL International Ltd (Formerly Birdhi Chand Pannalal Agencies Ltd) on August 26th, 1985 as public limited company. Fundamental Analysis reveal that BCPL International Ltd’s Sale has increased during June ’17 quarter. They have not declared Sep 2017 Quarter results;…

Suspicious SMS to BUY Mohit Industries Ltd | BSE 531453 | NSE MOHITIND

Many of us have received few Suspicious SMS to BUY Mohit Industries Ltd | BSE 531453 | NSE MOHITIND in past few weeks. These SMSes are being sent since Nov ’17 by AM-CHOICE and AM-MIDCAP. These SMS have some commitment for exorbitant profits and some fake news on Bonus Share on Mohit Industries Ltd. None of these could be verified. Website names like www.choicetrading.com, www.midcapguru.com, www.midcapmaster.com, suggested in these SMS are either not opening or…

Suspicious SMS to BUY Amsons Apparels Ltd | BSE 538861

Received Suspicious SMS to BUY Amsons Apparels Ltd | BSE 538861 from HP-RELGRE which seems to have been sent by Relegare; this is suspicious. SMS dated January 03, 2018 quoted “stock news amsons 56% stake buy Amul”. This is nowhere in news. In fact exchange has sought clarification from the company Amsons Apparels Ltd in this regard. Response is awaited. Basic Fundamental Analysis of Amsons Apparels Ltd reveals that sale is declining and profit is…

Unsolicited SMS to Buy BRFL (Bombay Rayon Fashions Ltd) BSE 532678 NSE BRFL

Received an SMS with stock recommendation to Buy Bombay Rayon Fashions Ltd (BSE 532678 NSE BRFL). Checked the basic fundamentals and found them to be weak in comparison with the target stock price. It seems like a propaganda to trap new buyers into the stock and off load own stakes to them. In case you are planning to buy Bombay Rayon Fashions Ltd (BSE 532678 NSE BRFL) stock, please consult your financial adviser. If you like the…