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Apr 26, 2006, 10.52 AM IST
According to Arun Mewawalla, KR Choksey Sec, Investors with a high risk-high return view can look at buying Wockhardt Pharma May Futures at Rs 462 with a target level of Rs 495 and stop loss between 445.
According to Arun Mewawalla, KR Choksey Sec, Investors with a high risk-high return view can look at buying Wockhardt Pharma May Futures at Rs 462 with a target level of Rs 495 and stop loss between 445.
For moderate risk-safe return view, one can look at buying Arvind Mills April 95 PA at 70p or lower with target level of Rs 1.20. Stop loss can be at Rs 104 on April Future price. One can hold it till expiry or target. Mewawalla said, "Investors with a high risk-high return view can look at buying Wockhardt Pharma May Futures at Rs 462 with a target level of Rs 495 and stop loss between 445. The first support is at Rs 457 and the second one at Rs 445. The first resistance is at 481 and the second one at Rs 493. For moderate risk-safe return view, one can look at buying Arvind Mills April 95 PA at 70p or lower with target level of Rs 1.20. Stop loss can be at Rs 104 on April Future price. One can hold it till expiry or target."
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