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Tata Motors |
psalm
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Post: #1  Posted: Mon Dec 19, 2011 3:20 pm Post subject: Tata Motors |
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| One can look to SELL Tata Motors around 183 with a stop-loss placed just above 185 for targets of 171/150. The target can be expected in another 3 to 5 trading days. |
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psalm
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Joined: 12 Nov 2011
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| Post: #2 Posted: Tue Dec 20, 2011 9:23 am Post subject: Tata Motors Short for the day |
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| For today, one can sell the Tata Motors Futures around 183/184 with a stop-loss at 186.5. This can be used for a short to medium term trade. The targets here are 172/151 and then 140. If the stock goes below 139, you can expect it around even 115 which unlikely as of now. |
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psalm
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| Post: #3 Posted: Tue Dec 20, 2011 11:05 am Post subject: Hero MotoCorp |
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| If somebody wants to have a LONG position, they can opt for Hero MotoCorp. I have selected this stock as it is considered as a defensive one and has corrected a bit recently. One can buy this stock between 1805 and 1790 with stop-loss below 1775. You can expect a target of 1920/1930. These are spot levels. |
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psalm
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| Post: #4 Posted: Tue Dec 20, 2011 3:17 pm Post subject: Hero Motocorp Update |
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| Hero MotoCorp has made a low of 1788 a while back...if anyone holding it, he should keep a Stop-loss just below 1775. |
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #5 Posted: Wed Dec 21, 2011 8:49 am Post subject: Hero MotoCo |
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Hi,
If anyone holding Hero MotoCorp LONG, they should hold onto it with a stop-loss just below 1775. The first target for the day is 1850 and the next is 1910. |
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #6 Posted: Wed Dec 21, 2011 8:53 am Post subject: Tata Motors |
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| I'm maintaining the Bearish View for Tata Motors. If the stock comes to 183-184 with a stop-loss placed just above 186 for targets 172 and 151 (medium term). |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #7 Posted: Wed Dec 21, 2011 9:42 am Post subject: Hero MotoCo Update |
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| psalm wrote: | Hi,
If anyone holding Hero MotoCorp LONG, they should hold onto it with a stop-loss just below 1775. The first target for the day is 1850 and the next is 1910. |
Hero MotoCorp has opened at 1853 and then came down. It went to a low of 1765 and is trading around 1785 now. |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #8 Posted: Mon Dec 26, 2011 2:16 pm Post subject: Re: Hero MotoCorp |
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| psalm wrote: | | If somebody wants to have a LONG position, they can opt for Hero MotoCorp. I have selected this stock as it is considered as a defensive one and has corrected a bit recently. One can buy this stock between 1805 and 1790 with stop-loss below 1775. You can expect a target of 1920/1930. These are spot levels. |
The High made today is 1919. Currently trading around 1915. |
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