Thursday, January 3, 2013

SHORT TERM TRADES; INDIABULLS WHOLESALE, JAYPEE INFRA, SAIL, JSPL










INDIABULLS WHOLESALE:
  1. BUY at cmp 15.69
  2. keep a stop loss at 13.5 closing basis
  3. Play for a target of 17 in 10 days time
  4. If you can hold a little longer, say 3 months, will get you to 20.
TARGET 17 HIT 7/1/2013
JAYPEE INFRA:
  1. BUY at cmp 56
  2. Keep a generous stop loss at 48 closing basis
  3. The Stock has a major resistance at 57.5 which it seems likely to break out of, so preempt it by buying now.
  4. Play for a target of 62 followed by 69 and then 78 over a stretched time frame.
  5. The first target should be here by mid January, the next two could take a little longer. We'll again evaluate at 62
SAIL:
  1. BUY at cmp 95
  2. Keep a stop loss at 88 closing basis
  3. Play for a target of 102 and then 110.
  4. Time for target 1 15 days and target 2 a month or so.
JINDAL STEEL AND POWER:
  1. BUY at cmp 465
  2. Keep a stop loss at 451 closing basis
  3. Play for a first target of 486 followed by 523 and a 9-12 month target of 575

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