Friday, August 28, 2009
SHORT TERM TRADING CALL
Charts Courtesy: www.icharts.in
BUY: United Phosphorus (Closing Price 168)
Accumulation Zone: Rs.165-170
Stop Loss: Rs.158
Targets: T1 Rs.175, T2 Rs.185
Updation of Past Calls:
1) Tata Communication Buy call got active above Rs.520 today.
Stop Loss for the same to be Rs.500, unless any changes intimated.
2) Trail Stop Loss in HDIL Buy call from Rs.280 given earlier to Rs.290.
3) Stop Loss in Orchid Chemicals Buy Call remains unchanged.
4) Trail Stop Loss in Videocon from Rs.210 given earlier to Rs.222.
Note: First Target in both Videocon & Orchid Buy calls got achieved. It was recommended on the blog to Book 30% gains in Videocon & 60% gains in Orchid at levels of first targets.
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