TISCO has outperformed the NIFTY today, it has achieved the first target and is still going beautifully strong. It has given a cool 5% return in 3 trading sessions. Traders/Investors can still hold their longs with a trailing stop loss of 480(closing basis), for a new target of around 500.

STERLITE surged in some late buying to close around 657 and is still going strong. Securities tend to become volatile near their dates of becoming ex-div, ex-bonus, split etc. But the bottom line is profits, whatever may be the reason, and it is delivering it. Hold your longs, the target(around 680) is still intact.

Happy Trading!

Anish Salat
Investment Academy
Blog: https://investmentacademy.wordpress.com/
E-mail: investmentacademy@yahoo.com, academyofinvestment@gmail.com


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s