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Wednesday, July 04, 2012

Aries Agro - Buy

Listed in : BSE
Current Market Price : INR 62.45
Recco date : 03.Jul.2012


Target : INR 66 .
Stop loss : INR 56

My strategy:


               * Buy 1000 shares @ INR 61.1 .
               * When price hits INR 66, sell 920 shares.
               * Retain 80 shares FREE for life.
                  If this company turns a super hit, you hit a jackpot.
                  Else, you loose only to the extent of your profit.



Risk :
   Stock is in a long term downtrend. This is a risky bet.
   Hence, I am keeping a target which is 8% from CMP.

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