Wednesday, October 7, 2009

DERIVATIVE STOCK IDEA

  • HOLDING PERIOD – THREE to SEVEN DAYS
SINTEX( CASH – Rs.262.00) :
The stock has given a strong breakout and should be bought above Rs.268. The target of the stock works out to Rs.278 and Rs.286. Higher target of Rs.296- 300 is also possible. A monetary stop loss of 13 points should be kept from the entry price.