Tuesday, August 4, 2009

hotel stocks showing strength

in today's correcting market HOTEL stocks like indian hotel , hotel leela are showing strength, can be added for short term trading

5 comments:

  1. hello Pankaji

    Any specific target for Hotel leela, also want to know power grid call is still open

    Regards
    Amish Desai

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  2. Dear Amish,

    power grid moved up to apprx 121 after the call at 114. i had booked profit in 2 parts first arnd 120 and second yesterday arnd 117 bcz it was coming dn. if u have not sold at all u can hold with strict stop loss i had given of 107.it is a support on long term trend line.

    hotel leela has multiple tops arnd 35.5,on crossing it it will show more strength.first target cld be arnd 38 and second arnd 42.stop loss of 32 can be kept.

    Pankaj Shah

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  3. Sir wat are the target levels for indian hotel. i have taken some exposure at 73 levels

    Thanks
    Amar

    ReplyDelete
  4. Dear Amar,

    Ind htl will move minm upto 80-82 zone.it has to cross 80-82 zone first then we can see more strength.

    Pankaj Shah

    ReplyDelete