yesterday i suggest to sell off long positions who are holding. hope all are exited and took short positions. short sell federal bank more for a tgt of 100 and 90. my ultimate target is 90 by july 2014. no more recovery by budget or result. nothing to expect, nobody can save federal bank.
5.04 PM Jul 8th
from 132 levels i`m giving sell calls with target of 110 and 100 while all are giving buy call for tgt of 142-150 etc. my target is on this month is 100 and now revised to to 90. federal bank may goto the previous levels of 80 by next month. 50% hiked in 2 month, so it will again on that levels
5.02 PM Jul 8th
and the stocks which managed to achieve the target before succumbing to market conditions; IRB Infra(sell), Adani Ports & SEZ(sell) , Jain Irrigation(sell), Aarti Industries(buy), Tata Steel(sell), Tata Motors(sell), Federal Bank(sell), SKS Microfinance(buy), Geometric(buy), Shanti Gaers(buy), Kec International
4.02 PM Jul 8th
.do u see the closing price of federal bank? 126.65 today tomorow will close below 124 level and this week closing will be around 115-118 levels. month end it will hit 100 levels.. any one holding the share book loss/profit.federal bank will crack any time even market move upward.
10.37 PM Jul 7th