Intraday picks of 20th Jan'11 on VantageTrade
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VantageTrade
Jan 20, 2011, 8:37:16 AM1/20/11
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View our Live Intraday calls and participate by liking, commenting and sharing on our Facebook fan page and twitter. Following are our links to participate in our live updates which start at 10:00 am every trading day:
And these were today's Intraday Picks:
Go Long on Indo Rama Synthetics (India) Ltd @ Rs 63.00 (09:24 am)
Target @ Rs 70.07 (reached)& New Target @ Rs.70.61
Go Short on Torrent Pharmaceuticals Ltd @ Rs 604.00 (09:32 am)
Target @ Rs 589.61 & Stop Loss @ Rs 618.39
The update on the stocks as follows:
Indo Rama Synthetics (India) Ltd:
Go Long on Indo Rama @ Rs 63.00 (09:24 am) was the right time and reached our target @ Rs.70.07. After that the stock stregth weakend and there was a signal change, which was for a very short time making no profits. But @ 12:53 the call was again go long @ 66.75. It reached our targets @ Rs.68.96 making 6.44% of profit end of the day.
Torrent Pharmaceuticals Ltd:
Go Short on Torrent Pharmaceuticals Ltd @ Rs 604.00 (09:32 am). The trend of the stock was down and continuing to plunge and it a made 4.16% of profit reaching our targets @ Rs.589.61
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