Quess Corp and Welspun India: Two new recommendations

We saw Nifty reaching above 10050 today and SENSEX closed at 32325.41 which is a good number, at least it all closed in positive.

We saw oil companies pulling up today like HPLC and IOC, thankfully, I recommended one of them some time back and it finally shone 🙂

Yes, I am talking about buying IOC on 13th July. The target set was at 420 and this share’s high was 426 today, another target was 440 and I would recommend to wait before selling this share but if you want, you can sell it on Monday or you might have sold it at 420 today either making good 10% profits in this share. So, I will close this share at 421 and will make Rs 40/share or 10.50% on this.

I don’t think it was a bad move. We made good 10.50% in 20 days 😉

All other shares are kept on hold.

For today’s or rather Monday’s recommendation, I will suggest buying two good shares:

  1. Welspun India
  2. Quess Corp

 

The rates are already mentioned there:

Quess Corp buy at 897.95/share and Welspun India buy at 82.05/share.

 

So this is how our portfolio now would be like:

Share NameBought onBought atSold onCMP/Sold atPercent Profit
Welspun India2017/08/0482.05Hold
Quess Corp2017/08/04897.95Hold
Indian Bank2017/07/31313.35Hold304.20-2.9%
NHPC2017/07/2731Hold30.35-1% (Floating)
ITC2017/07/18284.70Hold280.75-1.4% (Floating)
Total Profit80.54%
IOC2017/07/133812017/08/0442110.50%
Indian Bank2017/07/12296.202017/07/2133111.75%
VEDL2017/04/112502017/07/212708%
ITC2017/04/112732017/07/1233020.88%
NFL2017/03/21692017/04/117711.60%
CAIRN2017/03/152822017/03/17294.254.3%
VEDL2017/03/102522017/03/17264.355%
CUB2017/03/091412017/04/111538.51%

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