SHORT TERM TRADES: KINGFISHER AIRLINES, UB HOLDINGS

KINGFISHER AIRLINES:

1. BUY at cmp 9.55
2. Keep a sl at 7 closing basis
3. Look for a first target of 11, followed by 12.5, eventually 15.
4. Time to targets: the first one should come next week, the next two could take a month or more
5. This one is on the expectation of positive news in the offing, but still remains a bit of a risky punt; strictly for those who believe 'nothing ventured, nothing gained'

UB HOLDINGS:

1. BUY at cmp 63
2. Keep a sl at 55 closing basis
3. Target 1 is 70 and then 78
4. Could take a month.
5. Ditto caution as for KFA