Friday, April 27, 2007

ACTION ON 30/04/2007

1. NTPC : Buy if opens positive and stay with Stop Loss 154.45. Profit target 174.45 Option trade possible for CA 160

2. GMRINFRA : If opens positive and overall market positive and trades >400, then trade long with stop loss 391.95 and option trade is ossible.

3. SAIL : Buy if opens positive and crosses previous high (134.95) , then stay with Stop Loss 130.95. Profit target 146.40 Option trade possible for CA 135.

4. HINDALCO : Buy if opens positive and crosses previous high (149.5) , then purchase CA 150 with Stop Loss 140.50. Profit target 165.35.

5. SBIN : CALL Option may be purchased if opens positive and stay as long as trades above 1098 with profit target 1199.