Sunday, October 16, 2011

Stocks for next week

Stocks analysis

Here is my weekly take. Take it with a inch of salt because I havn’t been in market actively for quite some time now

Sell TCS at 1048 Sl 1075 Target 910

Sell welcorp at 120 Sl at 130 target 105

Sell sintex if seen near 130, Sl 135 target 105

Sell L&T at 1440 Sl 1475 target 1305

Sell hindalco with sl at 135 target open.

Onmobile and orbitcorp are clear sells with high probability. Stop loss 70 and 35 respctively.

3 comments:

Ankur K said...

kya baat hai mishraji.....bang on with TCS etc...
why do you want people to take this with an "inch"...most people advise pinch...

Ajay Mishra said...

Thanks ankur. Greatly appreciated. i Got the direction right in TCS and sintex but didn't see that upswing coming in TCS and got stopped. Sintex coundn't enter. My targets for those stocks remain unchanged.

Here is update

TCS – Stopped out.

Sintex- no position got triggered

Wellcorp Short at 120 is open Last close 110

L& short at 1440 open. Last close 1336

Hindalco short at 130 open. Last close 121

Ajay Mishra said...

Final-
1. TCS Stopped out
2. Sintex- Missed target. Close out. Last closing 115
3. Welcorp- target met
4. L&T- Target met

Views have changed in Hindalco, Onmobile and orbitcorp. Close out any open positions. Should have minor profit/loss.