Trading Plan : Stocks Hit Target on Third Day

Those who are trading with my Trading Plan as given on 14 Apr 2013 here http://archana-archdeb.blogspot.in/2013/04/execute-your-trading-plan-now.html would have realized how powerfully some of the recommended stocks have responded in a market that was lackluster today. In fact the market closed absolutely flat with no clear direction. Even then some of stocks which achieved their first target are discussed below :-

1. JSWENERGY. Bought at 56.5 for 1st tgt of 60. Closed at 61.1. Lot size : 4000. Capital Invested : Rs 38500/-(cost of one lot). Profit realized if sold on 1st tgt : Rs 14000/-. Profit percentage : 36.3% in 3 days. In case you have not booked profit at 1st target and are playing for 2nd target of 64, then do keep trailing stop loss to protect your profits as the stock price moves towards its 2nd target.

2. UNITECH. Bought at 24.5 for 1st tgt of 26.5. Closed at 27.25. Lot size: 10000. Capital Invested : Rs 53500/-(cost of one lot). Profit realized if sold on 1st tgt : Rs 20000/-. Profit percentage: 37.3% in 3 days. In case you have not booked profit at 1st target and are playing for 2nd target of 30, then do keep trailing stop loss to protect your profits as the stock price moves towards its 2nd target.

3. JPASSOCIAT. Bought at 70 for 1st tgt of 75. Today's High at 75.8. Lot size : 4000. Capital Invested : Rs 56000/-(cost of one lot). Profit realized if sold on 1st tgt : Rs 20000/-. Profit percentage : 35.7% in 3 days. In case you have not booked profit at 1st target and are playing for 2nd target of 81, then do keep trailing stop loss to protect your profits as the stock price moves towards its 2nd target.

4. AMBUJACEM. Bought at 173 for 1st tgt of 185. Closed at 186.9. Lot size: 2000. Capital Invested : Rs 55400/-(cost of one lot). Profit realized if sold on 1st tgt : Rs 24000/-. Profit percentage: 43.3% in 3 days. In case you have not booked profit at 1st target and are playing for 2nd target of 194, then do keep trailing stop loss to protect your profits as the stock price moves towards its 2nd target.

In yesterday's trading two stocks had achieved their first targets and in today's trading four stock have achieved their first targets. In other words in three days of trading as per my recommendations, six stocks have achieved their first targets. And one could say that the profits attained are reasonably sufficient. Let us now see how all my recommendations fare till the expiry of April contract, which is on 25 Apr 2013. Best of trading!!!