Monday, December 31, 2012

SHORT TERM TRADES: INDIABULLS REAL ESTATE, UNITED BANK, ALLAHABAD BANK





INDIABULLS REAL ESTATE:
  1. BUY at cmp 74
  2. Keep a stop loss at 65 closing basis
  3. Play for a first target of 84 followed by 97 and then 109
  4. Time to targets: Target 1, a month; target 2, 2-3 months; target 3 is a conservative 6 month target.
UNITED BANK:
  1. BUY at cmp 80
  2. keep a stop loss at 71 closing basis
  3. Play for a first target of 85 followed by 94.
  4. Time to targets; target 1 is 7 trading days, target 2 by end January 2013.
ALLAHABAD BANK:
  1. BUY at cmp 169
  2. Keep a stop loss at 154 closing basis
  3. First target is 173 followed by 187
  4. Time to targets, about a month or so.
TARGET 173 HIT ON 1/1/2013


FOR MORE TRADING IDEAS, SEE THIS

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