Our Stock Ideas Cairn and Torrent Pharma which we discussed on 28-03-10 and 11-03-10 respectively hits its target .One can book partial profit and for remaining position trailing stop is 518 and next target is 580-600.
This stock is trading is at new high and is unlikely to face any resistance.
If you look at the chart you can see a clear uptrend.
This week is going to be a short one on account of holiday on Friday. Trade light with low volume as Nifty is trading near its resistance . We will watch the intermediate top of 5330 closely and will step up on long side only when Nifty trades above it for a few trading session.
Till then trade less and have fun
Wednesday, March 31, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment