Monday, May 27, 2013

Tips For Trade - 27 May 2013

7 PM
Indiacem : I had given this call to buy Indiacem June Futures at 10.15 AM today during market hours. Those who bought this lot today at 70 should try and exit above 72 tomorrow. This will ensure that you make at least Rs 8000/- as profit. You should get price above 72 within 10 minutes of market opening.

GSPL I had given recommendation to buy GSPL June Futures at 8.35 AM today before markets opened. Those who bought at 58 should hold this lot for the given target of 65. But make sure that when the price moves above 62 you keep appropriate trailing stop loss to protect your profit.

10.15 AM
Buy Indiacem June Futures at 69/70. Current price 70. Target- 75

In today's trading, keep a sharp look out for following stock futures of June series for trade:-
  1. Buy Chamblfert June Futures at 43/44. Target -50.
  2. Buy Ranbaxy June Futures at 270/274. Target- 300
  3. Buy GSPL June Futures at 57/58. Target-65
  4. Buy Tatapower June Futures at 87/88.5. Target 92
  5. Sell LICHSGFIN Jun Futures at 290/294. Target 260
If there is any new development I shall be posting updates during market hours. Keep checking for updates. Good Luck!

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