Sunday, May 26, 2013

SHORT TERM TRADES; JM FINANCIAL, GMR INFRA, MAHINDRA AND MAHINDRA FINANCIAL, HDIL





JM FINANCIAL:
  1. BUY at cmp 25
  2. Keep a stop loss at 21.5 closing.
  3. Targets 27 and then 30
  4. Time to targets; This should be easy, possibly next week. 
TARGET 27 HIT ON 6/6/2013 AND 30 HIT ON 7/6/2013

GMR INFRA:
  1. BUY at cmp 21.65
  2. keep a stop loss at 19.5 closing
  3. Targets 23 and then 25 and then we'll reassess.
MAHINDRA FINANCIAL:
  1. BUY at cmp 246
  2. Keep a stop loss at 220 closing
  3. Target 260 in the next ten sessions. Actually this one is for long term Portfolios as well. 2-3 months down the line we should see 300!!
TARGET 260 HIT ON 29/5/2013
HDIL:
  1. This one is a bit tricky because of the upcoming results, but if the numbers are not particularly spooky and select realty remains in trading favour, this one will outperform IBREL in the short term.
  2. Buy at cmp 49
  3. If it breaks 45 closing basis, get out of it pronto.
  4. Targets 51, 53, 55 in the next 10 days. If patience is a bit of a virtue with you and you are a brave heart, hold the scrip for the next year, should see 100! Seriously !!
TARGET 51 HIT ON 28/5/2013

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