SHORT TERM TRADES; UNITED PHOSPHORUS, TATA MOTORS, TATA STEEL, WIPRO, GLENMARK, ITC

UNITED PHOSPHORUS:

1. The Call dtd 6/10/2013 is still open for a target of 167. TARGET HIT ON 1/11/2013.  SEE HERE

TATA MOTORS:

1. Readers of this Blog would recall the success of our earlier Call on TATA MOTORS dtd 29/9/2013. SEE HERE
2. Now fresh Call is as follows: BUY AT CMP 379
3. KEEP A STOP LOSS AT 355 CLOSING BASIS
4. TARGETS ARE 383, 388, 392, 398, 403.
5. 3-4 WEEKS

TARGETS 383, 388 HIT ON 21/10/2013
ALL TARGETS UPTO 398 HIT BY 5/11/2013

TATA STEEL:

1. Earlier Call dtd 29/9/2013 given on the stock was hugely successful
2. Fresh Call is as follows: BUY AT CMP 328
3. KEEP A STOP LOSS AT 310 CLOSING BASIS
4. TARGETS ARE 332, 337, 342, 345, 348, 353.
5. 4 WEEKS

FIRST THREE TARGETS HIT BY 23/10/2013
ALL TARGETS HIT BY 7/11/2013

WIPRO:

1. BUY AT CMP 506
2. KEEP A STOP LOSS AT 485 CLOSING BASIS
3. TARGETS ARE 510, 516, 521, 525, 532, 538.
4. 4 WEEKS

TARGET 510, 516 HIT BY 22/10/2013
STOP LOSS TRIGGERED ON 24/10/2013

GLENMARK:

1. BUY AT CMP 558
2. KEEP A STOP LOSS AT 535 CLOSING BASIS
3. TARGETS ARE 562, 567, 575, 581, 588, 593
4. 3-4 WEEKS

ITC:

1. BUY AT CMP 354
2. KEEP A STOP LOSS AT 340 CLOSING BASIS
3. TARGETS ARE 358, 362, 367, 373, 380
4. 4-5 WEEKS

STOP LOSS TRIGGERED 25/10/2013