DERIVATIVE STOCK

• HOLDING PERIOD – ONE to FIVE DAYS

• MERCATOR LINES ( CASH - Rs.65.10) :The stock is moving up in a slow and steady manner. Buying is advised above Rs.67.50 for a target of Rs.71 and Rs.74.Higher target of Rs.78-79 is also possible but this will take more than 20-25 trading sessions. Stop Loss of Rs.59.95 should be kept.

• ABB ( CASH - Rs.803.15) : The stock should be bought once it crosses the level of Rs.821 for a target of Rs.833 and Rs.848. Higher target of Rs.860 is also possible. Stop Loss of Rs.789 should be kept.