SHOPPERS STOP, PANTALOON RETAIL, TRENT; SHORT TERM TRADES

SHOPPERS STOP:

1. BUY at CMP 365
2. Keep a generous stop loss at 337 closing basis.
3. Look for a first target of 391 and then 413.
4. Time frame for first target about 10 days and for the second, about a month or so.

PANTALOON RETAIL:

1. BUY at CMP 159
2. Keep a stop loss at 137 closing basis
3. Play for a target of 169 and then 188.
4. Possible time for first target 7-10 days and for the second, 3 weeks or so.

TRENT:

1. BUY at CMP 1064
2. Keep a stop loss at 994 or so, closing basis.
3. My 3 month target for the stock is about 1190 or thereabouts.

The above trades are based on the definite indications that the Government intends to notify favourable, though modified, norms for FDI in multi-brand retail in the next 4 weeks.

I am a not a great fan of short term trading, as I have mentioned on earlier occasions as well, but am happy to report that recommended trades on DISHMAN, BAJAJ FINSERV, JET AIRWAYS (SEE THIS ) all hit their targets well ahead of time. I also hasten to add that ALL earlier recommendations under 'SHORT TERM TRADES' (SEE THIS) had their stop-losses triggered!!!!!; so, I guess it evens out.

Anyway, ALL THE BEST!!