Friday, January 18, 2013

SHORT TERM TRADES: ZEE NEWS. UNITECH, NAGARJUNA CONSTRUCTIONS









ZEE NEWS:
  1. BUY at cmp 19
  2. Keep a stop loss at 16.55 closing basis
  3. Targets are 20 and then 23.
  4. Time to targets 1-2 months for the second.
  5. 12 month target 27.
UNITECH:
  1. BUY at cmp 39
  2. Keep a stop loss at 36 closing basis
  3. Targets are 41, 44 and then 50
  4. Time to targets ; 41 may take a little time to cross, since there is a major retracement resistance there, but cross it will and then the move to the next two targets will be dazzling. Give it a week to 10 days for 41 and the next two will come quickly, say in 2 weeks after that.
STOP LOSS TRIGGERED
NCC:
  1. BUY at cmp 56
  2. Keep a stop loss at 52 closing basis
  3. Targets are 61 and then 65
  4. Time to targets, less than a month hopefully.
STOP LOSS TRIGGERED

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