Sunday, October 30, 2011
Dear collegues,
Long term investors must continue to invest as per their plan.
JUST Buys as per technical analysis are:
Hindalco & HDFC Bank
The above can be bought with a 5% stop loss.
Nifty ended marginally higher yesterday in Muhurat trading.
As of now, global cues are extremely positive. All the markets are up between 3-5%.
I am still holding the other two stocks - HDFC and Titan. I will wait for 10% profits.
I have been writing in my blog asking to buy certain stocks. If you have not bought at that time, you may have lost an opportunity. Buying at the right time is important for short term trades.
My M&M shares have appreciated by a good margin. I am hoping that there is a significant rise in our markets tomorrow and my 10% profit level is reached. I will be putting a sell order at 10% level just in case it rises tomorrow.
Let us see what happens tomorrow.
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