Here are our recommendations for Monday, the 5th October 2009
All these calls are fundamental delivery calls.In case of trend reversal, keep a strict stop loss.Day traders may, however, keep a lower SL of 1% and target of 2-4%,but buy only if buy above is triggered.Markets are hovering near their highs and upsides from here are still in scene but caution & patience is required.
Please read disclosure and disclaimer before taking any investment decision, though our earlier recommendations have been successful beyond expectations.Happy Investing…..
SCRIP | BUY ABOVE | TARGET | SL | TYPE | Horizon |
Core Projects & Technology | 195.50 | 230 | 182 | ST | One month |
Educomp Solutions | 4935 | 5450 | 4515 | ST | One month |
Accel Frontline Ltd | 53 | 66 | 47 | ST | One month |
UCO Bank | 55 | 69 | 49 | ST | One month |
sir,
ReplyDeleteWhat does 'buy above' mean?
Does it mean 'closing above' that level or INTRADAY CROSSING ABOVE THAT LEVEL?
Buy above means when ever price of a scrip goes above this level, you can buy the scrip for target as scrip is believed to have broken the resistance level.In other words it means INTRADAY CROSSING ABOVE THAT LEVEL
ReplyDelete