Monday, August 15, 2011

Hindustan Unilever & Castrol for long trades

Though markets are showing resilience to direction on either side with the Global trend reeling itself into a broad based recession, there are some gems still to be discovered.

HINDUNILVR and CASTROL have given long trade signals for this week. Buy HINDUNILVR at 317.50 with a stop of 311.50 for a target of 340.25. CASTROL long at 342.10 with a stop of 523.40 for a target of 594.60.

Risk exposure to any stocks at these challenging times shall be kept at minimum. We prefer this option to keep us safe from any meltdowns and still keep our profit potential open with better stocks.

Happy trading.

No comments:

Post a Comment