Sunday, November 17, 2013

SHORT TERM TRADES; DLF, BHEL, TATA MOTORS, CANARA BANK

  • Last Sunday ie 10/11/2013, SEE THIS I had refrained from giving any trading calls for the Cash Market, since I felt that the NIFTY could be heading towards 5900. NIFTY spot closing on 8/11/2013 was 6140.
  • On 13/11/2013 NIFTY touched an intraday low of 5972, and since then gives me the feel that we are in for a bounce upto perhaps 6200 or so.
  • Hence the following Calls:
DLF:
  1. BUY AT CMP 145
  2. KEEP A SL AT 140 CLOSING BASIS
  3. TARGETS ARE 147, 150, 155, 158, 160
  4. 2-3 WEEKS
TARGETS UPTO 155 HIT BY 20/11/2013
ALL TARGETS HIT BY 9/12/2013
BHEL:
  1. BUY AT CMP 135
  2. KEEP A SL AT 130 CLOSING BASIS
  3. TARGETS ARE 138, 142, 145, 147, 150
  4. 2-3 WEEKS
TARGETS UPTO 145 HIT BY 20/11/2013
ALL TARGETS HIT BY 28/11/2013
TATA MOTORS:
  1. BUY AT CMP 385
  2. KEEP A SL AT 370 CLOSING BASIS
  3. TARGETS ARE 389, 393, 397, 401, 405, 410, 415.
  4. 3-4 WEEKS
FIRST TWO TARGETS HIT BY 19/11/2013
ALL TARGETS UPTO 405 HIT BY 28/11/2013
CANARA BANK:
  1. BUY AT CMP 254
  2. KEEP A SL AT 245 CLOSING BASIS
  3. TARGETS ARE 258, 263, 267, 275
  4. 2-3 WEEKS
TARGETS UPTO 267 HIT BY 19/11/2013
ALL TARGETS HIT BY 9/12/2013

1 comment:

  1. Hi, can we also buy Call options for these stocks, what should be the strike price?

    regards
    Dhiraj

    ReplyDelete