SHORT TERM TRADES; BHARTI AIRTEL, FUTURE RETAIL, JP ASSOCIATES, UNITED SPIRITS, HDFC BANK, AXIS BANK, ICICI BANK, YES BANK

BHARTI AIRTEL:

1. BUY at cmp 304
2. Keep a stop loss at 290 closing basis
3. Targets are 310, 320, 335
4. First two targets should mature this month, the third next month.

TARGETS 310, 320 HIT LAST WEEK

FUTURE RETAIL:

1. BUY at cmp 95
2. Keep a stop loss at 88 closing basis
3. Targets are 103, 110.
4. Should get them this month, hopefully

JP ASSOCIATES:

1. BUY at 52.4
2. Keep a strict stop loss at 48 closing basis
3. Targets 55, 57, 60
4. Book half profits at 57.
5. Time to targets, this month.

UNITED SPIRITS:

1. BUY at cmp 2666
2. Keep a stop loss at 2300 closing basis
3. Targets 2700, 2750, 3000
4. First two targets could fructify this month, third target will take 3-4 months.

TARGETS 2700, 2750 HIT LAST WEEK

HDFC BANK:

1. BUY at cmp 694
2. Keep a stop loss at 655 closing basis
3. Targets are 710, 725.
4. Hopefully this month.

AXIS BANK:

1. BUY at cmp 1290
2. Keep a stop loss at 1250 closing basis
3. Targets are 1300, 1320, 1365
4. This month

STOP LOSS TRIGGERED

ICICI BANK:

1. BUY at cmp 1061
2. Keep a stop loss at 1020 closing basis
3. Targets are 1075, 1100, 1123, 1150
4. This month

STOP LOSS TRIGGERED

YES BANK:

1. BUY at cmp 489
2. Keep a stop loss at 435 closing basis
3. Targets are 498, 507, 523
4. This month

TARGET 498 HIT ON 15/7/2013, STOP LOSS TRIGGERED 17/7/2013

The rest of this month belongs to the Banking space, which I am expecting, will outperform. The safest bets are the above private sector Banks, in the run up to their Results, later this month.

Happy investing / trading.