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Stocks to watch... HDFC Ltd , IDFC |
TLS2010
White Belt
Joined: 30 Nov 2010
Posts: 37
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Post: #1  Posted: Thu Aug 23, 2012 11:57 pm Post subject: Stocks to watch... HDFC Ltd , IDFC |
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HDFC Ltd. seem to be finding it difficult to hold the breakout above 725. Todays trade has given a good bearish move bringing the stock below its breakout price with good volms. The stock looks like a good shorting candidate at 725-723 region for a target of 712-706-695. Keep stop loss of 731.
IDFC : also seems to be struggling at 143.5. look for shorting the stock for a possibility of 140.9/139/136.5, keeping a stop loss of 145.5
Happy Trading ! |
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