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Wednesday, August 20, 2014

20-8-2014 - BAJAJCORP ( Cash segment, very short term delivery )



            BAJAJCORP has closed at 262.65. This stock has given a small breakout. As per our policy, one must take a chance and trade the breakout, of course with a proper Stop Loss. One can initiate a long position in this stock and take
delivery for very short period. The targets can be set at 268 and 274. Close above the second target, 274, will take this stock to all together a new upper zone. Then one must hold the position with a trailing Stop Loss. Initially a closing basis Stop Loss must be maintained at 254.



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