Intraday picks of 24th Jan'11 on VantageTrade
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VantageTrade
Jan 24, 2011, 8:13:25 AM1/24/11
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Here are our Intraday Picks for the day!!
Go Long on Bharat Heavy Electricals Limited @ Rs 2238.10 (09:31 am)
Target @ Rs 2257.02 & Stop loss @ Rs 2219.18
Go Short on The Jammu & Kashmir Bank Limited @ Rs 730.95 (09:25 am)
Target @ Rs 716.21 & Stop Loss @ Rs 745.69
The update on the stocks as follows:
Bharat Heavy Electricals Limited:
Go Long on Bharat Heavy Electricals Limited @ Rs 2238.10 (09:31 am) with a target price of Rs.2257.02 . The trend of the stock was strong and it continued to rise and reached our targets @ Rs.2275.94 making 1.58% of profit end of the day.
The Jammu & Kashmir Bank Limited:
Go Short on The Jammu & Kashmir Bank Limit
ed @ Rs 730.95 (09:25 am). The strength of the call was weak and there was a Go Long call at 12:00 pm @ Rs.742.00 The trend of the stock coninued making a profit of 0.67%.
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