Super Heavy
OFSS looks to scale new high, the entire holding of JM can be sold to buy the OFSS for greater gain in next 1 year
LIC is good buy as well – at good price support below 200 SMA (consider buying in MTF)
Reliance & LIC Makes same pattern – so reliance is good buy as well.
Next Heavy
PNB – Same pattern as reliance, looks to recover
Intellect – Same pattern
TCS- Good buy at 500 level
Mold tek – downtrend
HCL Tech – uptrend has started. buy in MTF or 50-50 in JM Financial
JIO Fin – can sell reliance a bit and add jio – it is going to be good strategy
HDFC Bank – uptrend
Notes
- think of income strategy for OFSS and Reliance