Monday, February 18, 2013

SHORT TERM TRADES; SREI INFRA, L&T FINANCE HOLDINGS, JM FINANCIAL




SREI INFRA:
  1. BUY at cmp 37
  2. Keep a stop loss at 32 closing basis
  3. First target is 41 and then 45
  4. Give it a month.
  5. I expect the RBI to soon move further on the issue of new Banking Licences norms. All these 'potential applicant' NBFC counters will remain active on the upside.
L&T FINANCE HOLDINGS:
  1. BUY at cmp 77
  2. Keep a sl at 70 closing basis
  3. First target 82 and then 90.
  4. Give it a month too.
TARGET 82 HIT ON 25/2/2013
JM FINANCIAL:
  1. BUY at cmp 18.25
  2. Keep a sl at 16 closing basis
  3. Targets 19.75, 21 and then 22.5
  4. Also give it a month or so.
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1 comment:

  1. B.BharatMarch 1, 2013 at 8:29 PM

    Bajaj Holdings and Finance also appears to be in the sway NBFC - Banking Licence stimulus . Bajaj Finance looks like the possible applicant for Banking licence from the Bajaj Auto group . Any views on this? Where does LIC housing Finance stand wrt banking Licence?
    I would also like to know about South Indian Bank and Pratibha Industries and Atul

    ReplyDelete

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