Tuesday, July 26, 2011

7TH BINGO! AUROBINDO PHARMA REACHED OUR SIXTH TARGET OF 188.40

ON 14.07.11 WE RECOMMENDED TO BUY AUROBINDO PHARMA AT CMP 168 WITH A STOPLOSS OF 163 FOR A TARGET OF 173.80, 176.40, 179.80, 183.40, 185.80 AND 188.40. OUR SIXTH TARGET OF 188.40 ACHIEVED TODAY. BINGO AGAIN!

RBI HIKES REPO RATES BY 50 BASIS POINTS

50 bps hike: Will RBI pause now, will rate cuts happen?

In a move that shocked the street, the Reserve Bank of India today raised repo and reverse repo rates by a higher-than-expected 50 basis points (bps) each.
  • RBI hike in repo rate will hit real estate hard: CREDAI
  • RBI's 50 bps rate hike to make loans expensive
  • RBI hikes repo, reverse repo by 50 bps

6TH BINGO! AUROBINDO PHARMA REACHED OUR FIFTH TARGET OF 185.80

ON 14.07.11 WE RECOMMENDED TO BUY AUROBINDO PHARMA AT CMP 168 WITH A STOPLOSS OF 163 FOR A TARGET OF 173.80, 176.40, 179.80, 183.40, 185.80 AND 188.40. OUR FIFTH TARGET OF 185.80 ACHIEVED TODAY. BINGO!

5TH BINGO! SUBEX REACHED OUR FIRST TARGET OF 67.80

ON 22.07.11 WE RECOMMENDED TO BUY SUBEX AT CMP OF 64 WITH A STOPLOSS OF 61.50 FOR A TARGET OF 67.80, 69.40 AND 70.80. OUR FIRST TARGET OF 67.80 ACHIEVED TODAY. BINGO!

4TH BINGO! AUTOLINE INDUSTRIES REACHED OUR FOURTH TARGET OF 166.40

ON 14.07.11 WE RECOMMENDED TO BUY AUTOLINE AT CMP OF 151 WITH A STOPLOSS OF 146 FOR A TARGET OF 156.80, 159.40, 163.80, 166.40, 168.80 AND 173.40.OUR FOURTH TARGET OF 166.40 ACHIEVED TODAY. BINGO!

3RD BINGO! DELTA CORP REACHED OUR THIRTEENTH TARGET OF 116.40

ON 24.06.11 WE RECOMMENDED TO BUY DELTA CORP AT CMP OF 88.55 WITH A STOPLOSS OF 86 FOR A TARGET OF 91.80, 93.40, 95.80, 98.40, 99.80, 102.80, 104.40, 106.80, 108.40, 109.80, 111.40, 113.80, 116.40, 118.80 AND 121.40. OUR THIRTEENTH TARGET OF 116.40 ACHIEVED TODAY. BINGO AGAIN!

2ND BINGO! AUROBINDO PHARMA REACHED OUR FOURTH TARGET OF 183.40

ON 14.07.11 WE RECOMMENDED TO BUY AUROBINDO PHARMA AT CMP 168 WITH A STOPLOSS OF 163 FOR A TARGET OF 173.80, 176.40, 179.80, 183.40, 185.80 AND 188.40.OUR FOURTH TARGET OF 183.40 ACHIEVED TODAY. BINGO!

1ST BINGO! LUPIN REACHED OUR FIRST TARGET OF 463

ON 21.07.11 WE RECOMMENDED TO BUY LUPIN AT CMP OF 449 WITH A STOPLOSS OF 434 FOR A TARGET OF 463, 468 AND 474. OUR FIRST TARGET OF 463 ACHIEVED TODAY. BINGO!