MY MARKET TIPS

Wednesday, 29 June 2016

INTRADAY CALL SELL ITC 366.50/- SL 369/- TRGT1 364/- TRGT2 362/-

INTRADAY CALL BUY ICICIBANK 232/- SL 231/- TRGT1 234/- TRGT2 236/- (TRGT1 HIT)

INTRADAY CALL SELL SBIN 216.50/- SL 217.50/- TRGT1 214.50/- TRGT2 212.50/- (NEITHER SL NOR TRGT CLOSE BELOW COST)

INTRADAY CALL SELL HINDALCO 119.60/- SL 120.50/- TRGT1 118.50/- TRGT2 117/- (TRGT1 HIT)

INTRADAY CALL SELL TATAMOTORS 445.50/- SL 453/- TRGT1 441/- TRGT2 435/- (EXIT 449/-)

INTRADAY CALL BUY ICICIBANK 231.50/- SL 229/- TRGT1 233.50/- TRGT2 235.50/-(RISK AVERSE BOOK @ 232.50/-)

All prices relate to the NSE Spot/Cash Market
Stop-loss levels are given so that there is a level below/above, which the market will tell us that the call has gone wrong. Stop-loss is an essential risk control mechanism; it should always be there.
Book, at least, part profits when the prices reach their targets; if you continue to hold on to positions then use trailing stops to lock in your profits.
All readers must rely on their own discretion and consult their own investment adviser.
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