Sunday, June 8, 2014

SHORT TERM TRADES; ULTRATECH CEMENT, SBI, UCO BANK, LARSEN, IRB INFRA, PATEL ENGG.



ULTRATECH CEMENT:
  • BUY AT CMP 2674
  • KEEP A SL AT 2500 CLOSING BASIS
  • TARGETS ARE 2700, 2735, 2760, 2785, 2800, 2825.
  • 2-3 WEEKS, 2-3 MONTH TARGET 3100
ALL TARGETS UPTO 2825 HIT BY 9/6/2014
SBI:
  • BUY AT CMP 2739
  • KEEP A SL AT 2540 CLOSING BASIS
  • TARGETS 2765, 2790, 2810, 2840, 2875.
  • 3-4 WEEKS.
UCO BANK:
  • BUY AT CMP 114
  • KEEP A SL AT 100 CLOSING BASIS
  • TARGETS ARE 120, 124, 130, 135
  • 3-4 WEEKS
LARSEN:
  • BUY AT CMP 1681
  • KEEP A SL AT 1550 CLOSING BASIS
  • TARGETS ARE 1700, 1715, 1727, 1740, 1760, 1775, 1800
  • 4 WEEKS
ALL TARGETS UPTO 1775 HIT ON 9/6/2014
IRB INFRA:
  • BUY AT CMP 214
  • SL AT 197 CLOSING BASIS
  • TARGETS 220, 235, 250
  • 4-6 WEEKS
TARGET 220 HIT ON 9/6/2014
STOP LOSS TRIGGERED ON 13/6/2014
PATEL ENGG:
  • BUY AT CMP 122
  • SL AT 102 CLOSING BASIS
  • TARGETS 130, 135, 145, 150
  • 4 WEEKS
ALL TARGETS HIT BY 11/6/2014
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2 comments:

  1. SBI what is the target levels to look for before the June expiry

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    Replies
    1. All depends upon whether or not the NIFTY breaks out above 7600 on Monday, Tuesday. Assuming it does move to 7650 by Tuesday, SBI could easily see 2750 plus

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