THE BLOG FOR INDIAN STOCK & MUTUAL FUND INVESTORS:
OPINIONS, VIEWPOINTS, STOCKS ANALYSIS STOCK QUERIES, HONEST ANSWERS et al. (KINDLY USE THE COMMENTS SPACE FREELY TO STATE YOUR STOCK QUERIES WHICH SHALL BE ANSWERED HONESTLY & PROMPTLY)
DISCLAIMER: The contents of this blog are in the nature of opinions and are not to be construed as 'financial advice'.Always use your personal judgement and/or consult your qualified Financial Advisor before taking investment decisions.
TARGET 2367 HIT ON 8/9/2014 ALL TARGETS UPTO 2415 HIT BY 19/9/2014
MARUTI:
BUY AT CMP 2880
SL AT 2800 CLOSING
TARGETS ARE 2900, 2925, 2946, 2967, 2985, 3000, 3020
4 WEEKS
ALL TARGETS UPTO 2967 HIT BY 12/9/2014 ALL TARGETS HIT BY 19/9/2014
HDFC:
BUY AT CMP 1055
SL AT 1025 CLOSING BASIS
TARGETS ARE 1070, 1085, 1100, 1110
3-4 WEEKS
EXIDE:
BUY AT CMP 162
SL AT 156 CLOSING BASIS
TARGET 166, 172, 177, 185
4 WEEKS
ALL TARGETS UPTO 172 HIT BY 12/9/2014 ALL TAREGTS UPTO 177 HIT BY 16/9/2014
MAHINDRA MAHINDRA, TATA MOTORS, HPCL CALLS GIVEN LAST WEEK ARE STILL OPEN AND GOOD FOR FRESH ENTRY EVEN NOW TO SEE PERFORMANCE OF EARLIER CALLS SEE HERE
The Market trend for the short term is a little iffy, so will refrain from giving any short term calls for the Cash Market, this week.
Continued global risk-off could see NIFTY currently at 7602, testing 7440 again, which it last bounced from, on 17/7/2014.
However, 7560 too remains episodically a strong support and a close above 7560 levels in the first two days of next week could offer hope of a reversal upwards to 7675 levels and above.
Let us wait and see and remain in cash till the short term trend becomes clearer.
FOR EARLIER TRADING IDEAS AND HOW THEY FARED LOOKHERE