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Derivative calls: DLF, Godrej Ind & Tata Steel

SMC | Published: 26 Jul, 2012  | Source : ValueNotes.com | Follow Author | Add to my Favourites


Derivative calls for the day:

- DLF View: Bullish C.M.P: 203.05:
On daily chart stock shows strength against the market and momentum oscillators are neutral to positive.

SMC recommends investors to:
Buy Aug. Fut. Above: 205.00
Stop Loss: 202.00
Target: 211.00
Lot size: 2000
 
- GODREJIND View: Bullish C.M.P: 234.00: On daily chart stock tests major support and bounce back. Momentum oscillators are neutral to positive.

SMC recommends investors to:
Buy Aug. Fut. Above: 235.00
Stop Loss: 232.00
Target: 241.00
Lot size: 1000
 
- TATASTEEL View: Bearish C.M.P: 387.50: On daily chart stock breaches 20 day moving average support and momentum oscillators are neutral to negative.

SMC recommends investors to:

Sell Aug. Fut. Below: 386.00
Stop Loss: 389.00
Target: 380.00
Lot size: 500

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