Short and Medium terms investors & traders can take positoin in Cinemax Property at cmp of 20.60 for the targert of 26 then 32 in very short term. As after the stake sale of Cinemax India to PVR the Kanakia family will be focousing on Cinemax Property which has vested interest in various real estate projects. This is also a long term positional call with target of 55 in long term.
Thursday, November 29, 2012
Tuesday, November 20, 2012
Buy Zylog Systems - Lower Circuit Broken
Today finally Zylog System has broken the long trend of LC and closed in green @ 69.35 with volumes of more than One Crore on NSE and 65 Lakh on NSE. So what does it mean, the stock is likely to see the upmove from now on. As investors, traders and Instutional Investors have realised the value potential in this stock at such low price.
Now those who are stuck in it at higher price can do some averaging now and those who are following to buy should immeaditely buy the stock. As when it starts hitting Upper Circuit , you would not be able to catch it as what happened to those who wanted to sell in LC.
Hence those who are wiling to take some risk should buy the stock and fix your target and when target get hit take the profit.
Now those who are stuck in it at higher price can do some averaging now and those who are following to buy should immeaditely buy the stock. As when it starts hitting Upper Circuit , you would not be able to catch it as what happened to those who wanted to sell in LC.
Hence those who are wiling to take some risk should buy the stock and fix your target and when target get hit take the profit.
Monday, November 19, 2012
Positional and Short Term Calls for this week Monday 19 Nov 2012
Today we have witnessed the upswing in the global market but our own share market could not mirror than and ended almost flat BSE closed at 18,340 up 30 points and NSE 5571 down 3 points.
But there has been lots of stock specific actions like Maruti was up 4% and closed around 1500 up almost 50% from the lows of Manesar Plant lock out. Bharti, ITC, HDIL were other major gainers. On the losing front IDFC, Lupin, ONGC were the major loosers on the broader market.
Upon looking at the todays market and upcoming events in the coming days we have shortlisted few stocks in which positions can be taken for short for profit of 5-7% in a week time with stop loss.
1. ONGC ( Cmp 254 ) - Target of 265-270 with stop loss of 249
2. OIL India ( Cmp 457 ) -Target of 470-475 with stop loss of 449
3. Lanco Infra ( 12.65 ) - Target of 13.70-14.05 with stop loss of 12.30
4. SBI ( 2095 ) - Target of 2170 stop loss 2070
5. SKS Micro ( 120 ) - Target of 128 with stop loss of 117
The above stocks should be traded with specified stop loss and if braoder market moves further high these stocks will see higher targets and then should be hold and traded with trailing stop loss.
But there has been lots of stock specific actions like Maruti was up 4% and closed around 1500 up almost 50% from the lows of Manesar Plant lock out. Bharti, ITC, HDIL were other major gainers. On the losing front IDFC, Lupin, ONGC were the major loosers on the broader market.
Upon looking at the todays market and upcoming events in the coming days we have shortlisted few stocks in which positions can be taken for short for profit of 5-7% in a week time with stop loss.
1. ONGC ( Cmp 254 ) - Target of 265-270 with stop loss of 249
2. OIL India ( Cmp 457 ) -Target of 470-475 with stop loss of 449
3. Lanco Infra ( 12.65 ) - Target of 13.70-14.05 with stop loss of 12.30
4. SBI ( 2095 ) - Target of 2170 stop loss 2070
5. SKS Micro ( 120 ) - Target of 128 with stop loss of 117
The above stocks should be traded with specified stop loss and if braoder market moves further high these stocks will see higher targets and then should be hold and traded with trailing stop loss.
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