Stock for intraday trading: Sell HDIL @ 172.3 for target 170 and 168 place protective stop loss at 173.6. At CMP of 172.3 it is already trading negative by more than 1.5%, and is more likely to be bearish today, So it seems to attract more sellers in this stock. The volume is also high with entire reality sector trading in red on NSE. Technical indicators are also confirming the downward momentum ... [Continue Reading]
Intraday Stock For 15 March 2011: Sell HDIL At 160.25, Target 156.5
Stock for intraday trading: Sell HDIL @ 160.25 for target: 158.2 and 156.5, place protective stop loss at 161.7. We see selling pressure pulling this stock down as it is already trading in negative more than 3.5%, and is more likely to be bearish today, This is also trading with good volumes. Technical indicators are confirming the bearish and in favor of trade, HDIL stock. ... [Continue Reading]