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Friday, August 24, 2012

HSIL@ Heads I win Tails You Loose!!!!

On 21st Aug we gave this exclusive stock idea on HSIL to our clients and some market participants by email where we gave both side view so that clients remain well informed and can trade accordingly..
The idea was@

Last Closing Price Rs 124.85

Buy HSIL in the region of around 125-121 for a upside target of upto 10% or more.
Buy in the given range in little little parts because level of 122-121 is a very strong support zone for it and bounce could be seen around those levels. So one can even use this little bounce to bring down the cost.

AVOID ANY LONG BELOW 120 BECAUSE BELOW 120 IT BECOMES VERY WEAK WHERE ON THE DOWNSIDE IT COULD SEE LEVEL OF UPTO 100-95 (End)
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Well on 22nd Aug it opened higher at around 127 and went on to hit 133.9 up by 8% however closed lower from its intraday highs at around 126/125 
And today below 120 we saw the weakness knocking which we described in our mail where on the lower side it went on to hit 107/106 so far before closing at 110.

With Money Mystery you always remain two step ahead........!!!!
Still everyday is not sunday!!!!!

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