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Thursday, August 9, 2012

Jai Corp SL triggered

On 7th Aug we recommended Jai Corp in the region of 60-59 for a target of upto 66 & 72 keeping SL below 58.
Resulted in loss of 2.75%.
The counter will become strong only above 58.5/59 and above that it gains momentum for a good upside.
Downside support seen at 54 & 51 area.

2 comments:

  1. Yes...........bad luck.This was my first trade.Wud see nd exit tomm.

    ReplyDelete
  2. Its again trading above 59.....could hope for a big rally.

    ReplyDelete