11th Sept 2020 Hot Stocks and Stocks To Watch

Last close: 2314 (+7.1%)

On yesterday I did mention “Reliance above 2196 expecting further up trend”

(I have recommended Reliance Fut at 2202 and hit target 2235)

After broken 2196, stock spiked up to 2345 and finally closed at 2314

RIL became the first Indian company to hit a market cap of $200 billion

Day before yesterday news was “Silver Lake get ready to invest Rs 7500 crore in RIL Retail for a 1.75% stake. That one was the confirmed news

But yesterday media flashed RIL offering a $20 billion stake in its retail arm to Amazon. After the news stock spiked another 4%. After market hours RIL denied the news

However, Stock looks very hot above 2200…….. Every declines can buy

Intraday supports 2265, 2230 and 2200 and resistance 2345, 2360 and 2400

Ultimate target 2600+

Last close: 2056.55 (+3.9%)

ASIANPAINT has broken trend line resistance and closed above the level

Favored for bulls and declines can buy likes 2030-2040

Expected rally up to 2068, 2080 and 2100

Stock finding a recent top and breakout point at 291

If breaks and holds above the level

Expecting non stop rally…………… Which stock ??

Guess!!………… If not………… Comes to my twitter account

Updated: 08.09 am / 11th Sept 2020