I have shares of Central Bank of India. My purchase price is ₹65. What is the outlook?
Isha, Mumbai
Central Bank of India (₹38.40): The trend is down. There is room on the downside for a fall to ₹29. After this fall, there is a good chance to see a rise towards ₹55-57 or ₹60. Eventually, the stock has to breach ₹60 to indicate a bullish trend reversal. Only then the long-term picture will turn bullish for a rise to ₹100-120 again. You have two options.
One is to exit now and accept the loss. The second is that if you have the risk-appetite, then buy more at ₹31. Keep a stop-loss at ₹24 and hold. Revise the stop-loss up to ₹34 when the price goes up to ₹38. Move the stop-loss further up to ₹39 and ₹45 when the price touches ₹43 and ₹49 respectively. Exit the stock at ₹57.
I have bought NHPC shares at ₹99. Should I continue to hold or exit the stock?
Er PKN Namboothiry
NHPC (₹76): The stock can fall to ₹72-71 from here. The price action thereafter will need a close watch. A bounce from around ₹71 and a subsequent rise above ₹85 will give an early sign of a bullish trend reversal. A further rise above ₹93 will confirm the same. It will then clear the way for a rally to ₹120 and higher over the long term. If you have patience, then accumulate on dips at ₹73.
Keep a stop-loss at ₹64 and hold the stock. Revise the stop-loss higher to ₹78 when the price goes up to ₹90. Revise the stop-loss up to ₹85 and ₹95 when the price touches ₹93 and ₹105 respectively. Exit the stock at ₹118. If you don’t want to wait for long, exit the stock now and accept the loss.
I have shares of Motherson Sumi Wiring India bought at an average price of ₹30. Can I continue to hold this stock?
Sundeep, Bengaluru
Motherson Sumi Wiring India (₹45.70): The trend is up since March this year. Strong support is around ₹43 which can be tested in the short term. A strong rise from around ₹43 will have the potential to target ₹60 over the long term. Keep a stop-loss at ₹41 and protect some profit. Revise the stop-loss higher to ₹47 when the price goes up to ₹51.
Move the stop-loss further up to ₹50 and ₹56 when the price touches ₹53 and ₹58 respectively. Exit the stock at ₹60. This bullish view will go wrong only if the stock breaks below ₹43. Such a break will increase the danger of the stock falling to ₹30 again. So, if a break below ₹43 happens, then adhere to the stop-loss and exit at ₹41.
I have Aarti Industries shares. My purchase price is ₹611. What is the outlook?
Aman Sharma
Aarti Industries (₹382): The overall trend is down. Support is around ₹350. Resistances are at ₹445 and ₹500. The stock has to sustain above ₹350 and breach ₹500 to get some relief. Only then a rise to ₹600-650 will come into the picture again. From a long-term perspective, a strong rise above ₹650 is needed to indicate a bullish trend reversal. Only in that case, a revisit of ₹1,000 on the upside is a probability. That looks unlikely now.
Even if a rise to ₹650 happens, it may take a lot of time and may not be worth it. So, it is better to exit the stock and accept the loss. Whenever you enter a stock, have a stop-loss in place. This will help to avoid getting stuck in a wrong position for long time.
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Published on November 29, 2025