Hindalco has given good breakout with volumes...buy for short term delivery target 270+
Thursday, May 15, 2008
Trade the breakout: HINDALCO
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The primary purpose of this blog is to provide you with timely advise and the right direction to gain from the Indian stock market. My judgments are based on a combination of technical and fundamental analysis. I give here short term trading picks that you can benefit from holding for a week to a month. You can trade both using derivatives and take delivery on the suggested scrips.
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- Rajiv
- A software professional and a budding technical analyst. An engineer by qualification and work currently in developing J2EE based state of the art internet applications. Email: rajiv.babu@gmail.com yahoo: travellin_techie I sometimes give realtime calls on yahoo based on market trend. You can add me on yahoo if you wish to receive them.
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Disclaimer
The above trading notes on the market is authours view. The stocks listed here have been selected basedon recent performance, and have probability of success in near term. But remember, it's still a probability, andchances are that stock may still not perform as expected. This website is purely for educational purpose. Please useyour own discretion in trading. Trading Futures and options involves significant risk. You must consult your ownfinancial advisor before trading to determine if it is suitable for you. Nothing contained herein is a solicitationto trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying inwhole or in part on the comments of the writers.
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