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Tuesday, March 05, 2013

Buy Hindustan Unilever for target of 480 by month end

Only only long term investors as well as short term traders should buy the stock of Hindustan Unilever cmp 450 for the target of 480 by end of February 2013.

The stock is fundamentally one of the strongest from the Nifty 50 stock. Hindunilvr is already down more than 10% from its recent high of 500. In six to nine months one can see the levels of 650 in Hindustan Unilever and by ear end around 750.

Short term traders should by the Call Option of strike price of 460 around 8 - 10 levels and sell around 16-18 levels in one to two week time.

Short IRB Infra for Target of 105

Short Term Traders should Short IRB Infra (cmp 115) for the target of 105 in coming week.
  • The budget has not given any clear roadmap for the infrascturcture which spells negative for the stocks like IRB
  • Other peer group stocks like RelInfra has falled much higher than IRB which means IRB will hit lower targets before setteling down
  • There has been a persistent problem with their toll booths across Maharastra state, the toll collection has been regularly vandalised which pegs downs its revenue collection.
  • IRB is more of a trading stock now , as deliverly volumes have been very low between 20-25% in last one week.
Small time traders should buy the PUT option of IRB for March with strike price of 110 between 4 to 4.5 and sell around 7-8 in coming days.

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