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Derivative calls: IRB, Jindal Saw & Pantaloon Retail

SMC | Published: 28 Aug, 2012  | Source : ValueNotes.com | Follow Author | Add to my Favourites


Derivative calls for the day:

- IRB View: Bullish C.M.P: 126.15:
On daily chart stock is consolidation and trading above 20 days moving average. Momentum oscillators are neutral to positive.

SMC recommends investors to:
Buy Aug. Fut. Above: 127.00
Stop Loss: 125.00
Target: 131.00
Lot size: 2000
 
- JINDALSAW View: Bullish C.M.P: 120.70:
On daily chart stock bounced back after testing support. Momentum oscillators are neutral to positive.

SMC recommends investors to:
Buy Aug. Fut. Above: 121.00
Stop Loss: 119.00
Target: 125.00
Lot size: 2000
 
- PANTALOONR View: Bearish C.M.P: 149.85:
On daily chart stock breaches trend line support. Momentum oscillators are neutral to positive.

SMC recommends investors to:

Sell Aug. Fut. Below: 148.00
Stop Loss: 150.00
Target: 144.00
Lot size: 2000

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