As mentioned in the 19th May Post Power Sector Picks, recommended 3 stocks: Torrent Power, BGR Energy and Suzlon. Barring Suzlon, Torrent Power holded quite well and still consolidating in the channel and BGR Energy has given a breakout recently and closed higher today despite of Nifty closing in Red.
BGR Energy: Clearly the stock was consolidating in the narrow range so far and has picked up with some volume. Going further Price/Volume action will be interesting to watch.
Torrent Power: Almost same kind of story with Torrent Power i.e consolidating on low volumes, just waiting for volume spike in this counter.
Suzlon: This is the stock which didn't performed probably FIIs preferred to sell index based stock, but still suzlon can be a dark horse in long run.
Hope you liked it!!
2 comments:
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Hey...Great information thanks for sharing such a valuable information
Torrent Power Ltd
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