BhartiAirtl - Bharti has advanced to 673 now from 665 and is on target for 700 with SL 635 now. New buyers should wait for a dip around 650 (if it comes) and buy there.
BHEL - BHEL has achieved its target of 1430 (40 point gains). CMP 1447, short if it keeps below 1450 with SL 1455. ABove 1450 please long for targets of 1500-1525 with SL 1440.
CAIRN - CMP 162. Please short at these levels SL 166 for targets 145. If trades above 166 please long for targets 185 with SL 162.
ICICIBANK - This scrip has been oscilatting both ways unfortunately hitting my small SLs both sides hence increasing the SLs on it slightly now. CMP 435, Please sell below 430 SL 445 for targets 350. If trades above 435 buy with SL 400 for targets 500.
JP Associate - Has risen now to 76.50. Please sell around here and more around 79 with 82 SL for targets 60-65. Above 82 buy with 78 SL for targets 95-100.
Maruti - Maruti looks bullish. CMP 632. Buy on dips near 615 with SL 605 for tragets of 650. Below 605 sell with 615 SL for targets of 560.
Relinfra - After hitting a 7 point bullish SL, Relinfra should have been shorted at 570 as per my post . Relinfra CMP is 541 hence 29 point profits and still counting.
RPL - Should have been shorted on Tuesday when it made a high of 89 as per my post. CMP 87. Please short if it again rises around 90 with SL 92 for targets 75. Above 90 slong for targets 105 with SL 88.
SAIL - looks bullish. CMP 88. Buy here and more near 84 with SL 80 for targets of 95. Below 80 please sell for targets of 70 with SL 82.
SBI - CMP 1158. Please sell on rise around 1200 with 1220 SL for target of 1050. Above 1220 please long for targets of 1320.
Sesagoa - CMP 97. Went above 99 upto 103 but reversed and hit 2 point SL of 97. Now one should be in shorts with SL 103 for targets on 86.
Net result of 2 days - 48 point profit and 10 point loss...
Cheers
SH
Thursday, February 12, 2009
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