ITS A JUNGLE OUT THERE & ITS U WHO S ON THEIR HUNTING RADAR.........................

ITS A JUNGLE OUT THERE & ITS UR MONEY WHICH IS ON HUNT.........................

Thursday, June 24, 2010

Quick Trade update

UTV SOFT : 1 st target completed, conservative traders can book out > @ 414-416, Agressive traders keep sailing. Put a trailing SL of 397.90. Looks set for a blast today, since volumes have crossed our desired figures.

Indian hotels : Agressive trade initiated, still recommend a strong buy closer to 102.25 band. A lil modification in SL, Stay out if closing remains < 102

2 more Riskier trades, but since they are close to their sl's, risk reward in favour

PFC : Agressive and conservative both buys @ 288-287, with a agressive SL < 286 closing basis, and conservative 285.90 trading basis, targets at least a 297-298.5 in couple of days.

Federal bank : Buy suggested only in the range of 328.5-327.5, SL 326.9 for conservative traders. 326 closing basis for agressive traders. Tgt > 340 in couple of days.

Disclaimer : Author of the blog is not responsible for any losses if occur, since the blog author shares his views only for educative purposes.
SUCCESS in trading is not a matter of chance, but a matter of hard work and moreover PATIENCE.

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