Derivative calls for the day by SMC - ValueNotes.com
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September 10, 2010
 
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Derivative calls for the day

 

SMC

09 Sep 2010

HDIL View: Bullish C.M.P: Rs283.00
On daily chart the stock closed above its 20-DMA with increase in volume. Momentum oscillators are neutral to positive.

We recommend to:
Buy Sep. Fut. above Rs284.00
Stop Loss: Rs281.00
Target: Rs290.00
Lot size: 1000

HINDPETRO View: Bullish C.M.P: Rs532.60
On daily chart the stock is sustaining above its 20-DMA, it closed with a bullish candle with increase in volume. Momentum oscillators are neutral to positive

We recommend to
:
Buy Sep. Fut. above Rs533.50
Stop Loss: Rs528.50
Target: Rs543.50
Lot size: 1000

TATACHEM View: Bearish C.M.P: Rs413.20
On daily chart the stock is showing weakness against the market. Momentum oscillators are neutral to negative

We recommend to:
Sell Sep. Fut. below Rs412.00
Stop Loss: Rs416.00
Target: Rs404.00
Lot size: 1000

Click here to download report  

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