Monday, September 3, 2012

SHORT TERM TRADES; KINGFISHER AIRLINES, UNITED SPIRITS, UB HOLDINGS











KINGFISHER AIRLINES:
  1. Buy at cmp 9.16
  2. Keep a stop loss at around 7 on a closing basis. The rather deep SL is necessitated because the scrip is volatile.
  3. Play for a target of about 13.5 in a month's time, give or take a few weeks.
  4. The success of the trade is news dependent, as all of us know, but I feel it is worth the risk.
UNITED SPIRITS:
  1. BUY at cmp 986
  2. Keep a deep stop loss at 823 closing basis.
  3. A target of 1250 is possible in about 2 months or so.
UB HOLDINGS:
  1. BUY at cmp 93
  2. SL at 81 closing basis.
  3. Target 110 in a month or so.

1 comment:

  1. another good Mallya compeny is UB Engineering.........

    ReplyDelete