Wednesday, August 22, 2007

Trading Opportunity on 23rd August

Intraday or Swing Trading

GMRINFRA: If it trades above 745.00, go long with stoploss 721.75. Set profit target 766.25, 773.75 and 800.20

CUMMINSIND: As soon it crosses 352, go long with CUMMINSIND with stoploss 339.80. Profit target may be set according to the holding period of trade. Target should be around 361, 375 and 384.

EDUCOMP: If it opens positive, go long with stoploss 2379.75 with target 2444. Add position if trades above 2450. Set profit target 2494.25, 2505, 2535 and 2565.