Tuesday, January 22

Swing Calls:PFC,BHEL and Mastek

“Two of the cardinal sins of trading—giving losses too much rope and taking profits prematurely—are both attempts to make current positions more likely to succeed, to the severe detriment of long-term performance.” -William Eckhardt


PFC

PFCPFC has been trading in a range from 202-213 from past 4 weeks. Stock is trading at upper band of channel and crossing above 213 can lead 220 in extreme short term which is again a channel resistance.

Buy above 213.6 Tgt..

 

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