Monday, January 19, 2009

ESSAR OIL


Essar Oil (77)

Buy for a target of 105 with a stop loss of 72.

The stock faces resistance at 81 and 92.

Time Tenor: 2 Months

Potential Profit 36%

Likely Loss 7%

Risk Reward Ratio 1:5.5

Regards

Friday, January 2, 2009

CHENNAI PETROLEUM


Chennai Petroleum (129)

Buy for a target of 155 with 114 as stop loss.

Time Tenor 2 Months

Risk Reward Ratio 1:1.75

Potential Profit 20%

Likely Loss 11%

Regards

Thursday, January 1, 2009

JAIPRAKASH ASSOCIATES


JAIPRAKASH ASSOCIATES (83)

The stock has made a bullish pattern and can be bought for a target of 123 with a stop loss of 72.

Time Tenor: 2 Months

Risk Reward Ratio 1:3.60

Potential Profit 48%

Likely Loss 13%

Regards

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All opinions are based on my technical study; however, I do not vouch for the accuracy or the completeness of the matter. I am not liable for any potential damages that may be incurred while acting upon any information mentioned in this report. The views expressed are not of binding nature. The report is intended for a restricted audience & I am not soliciting any action based on it. Please exercise discretion and due diligence in making your decisions. Investments in Capital Markets are not my obligation or guarantee and are subject to investment risks. In no event will I be liable for any damages, including without limitation direct or indirect, special, incidental or consequential damages, losses or expenses arising in connection with this report or use thereof or inability to use by any party, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation even if I am thereof, advised of the possibility of such damages, losses or expenses.