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January 1, 2012
WWW.SHAREPATI.COM
TRADING SOLUTIONS
RESEARCH REPORTS
Reasons 1. 2. 3. 4. 5. Technically overbought Stock trading at major resistance Sector is worst performing Financials of the company are pathetic. Stock is in major, long term bear trend.
WWW.SHAREPATI.COM
TRADING SOLUTIONS
RESEARCH REPORTS
Details
Short at or above 125. Keep a stoploss at 132.00 on closing basis. There is a major second resistance at 140.00 levels. Stock has immediate target of 110 114 and our medium term target is 80 t90. Take two short positions and book one lot at first target and rollover the remaining position and hold on till stock come down to 80 -90 levels. This trading position is subject to various market conditions and we may revise our decision at any time.
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WWW.SHAREPATI.COM
TRADING SOLUTIONS
RESEARCH REPORTS
WWW.SHAREPATI.COM
TRADING SOLUTIONS
RESEARCH REPORTS
WWW.SHAREPATI.COM
TRADING SOLUTIONS
RESEARCH REPORTS
WWW.SHAREPATI.COM
TRADING SOLUTIONS
RESEARCH REPORTS
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CROMPTON GREAVES, TAKE SHORT POSITION | 1/1/2012
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