Short term investments Calls

Short Term Investments Calls  28.01.2012

MCLEODRUSS

BUY 178-183 STOP LOSS 174 TARGET 202 TIME FRAME  10-15 TRADING DAYS
(Result held on 30.01.2012, be strict on stop loss)

IGL (INDRAPRASTHA GAS)

BUY 348-354 STOP LOSS 341 TARGET 377 TIME FRAME 10-15 TRADING DAYS

Nifty expected to range bound between 5140 to 5240, If nifty trade below 5140 (SPOT) for few minutes, avoid fresh long positions and stay away SHORT with strict stop loss 5210. Nifty now in over bought zone , 

Disclosure: As an investment & trading consultant, my clients may be having positions in above mentioned stocks. My family, relatives (Including me) & Friends also may have positions in mentioned  stocks.

Disclaimer:  Above matter is technical analysis based, One should think of own risk first before implementing on above analysis. The author won’t be liable or responsible for any legal or financial losses made by anybody