Buy Punj Lloyd at 260, target: 264. Stoploss: 258
Buy Network 18 Fincap at 522, target: 532. Stoploss: 519
Buy Transport Corporation of India at 97.90, target: 100. Stoploss: 95.50
Buy Lakshmi Machine Works at 2800, target: 2815. Stoploss: 2795
Momentum call (medium risk) - Buy GMR Infra at 650, target; 665, Stoploss: 645
Pls trade only if markets open flat or open in green...
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2 comments:
U r given Buy Lakshmi Machine @ 2800 T 2815 S/l 2795. Scrip which trades @ 2800 is this resonable, if any trader buy @ 2800 then 100 % guarantee of clicking the s/l. Risk reward ratio is so high. 1:1. It must be 1:3 for intra day & 1:4 for delivery.
These are technical calls.. I agree it should be 1:3 but if the stock looks week on chart when it reaches a certain level, I have to give a stoploss..
It never went below 2798 today.
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