New entery for bajaj corp again

Bajaj corp is showing good pattern again for new entry @ cmp 196 with stop of 181 for the target of 211-220

 

Hi Sanjay/Shabbir,

I wanted to know if there is any way we can predict how long any stock (BajajCorp in this case) will take to hit target.
If not how do the brokerage houses give target of 3-4 days or weekly or monthly targets for that matter.

Any pointers in the right direction are appreciated.

Thanks,
Sunil

 

Thanks Sanjay for the pick. Entered today @198

 

Finally bajaj corp is going up.

 

Rocking today and near to 1st target

 

Booked 40% @ 211 1st target done

 

Near to the final target 220

 

Call completed all targets done.

 

yeah u r right and after I exited @ 220 it blasted again and made a high of 243, I didn't expect this much jump but it is ok it achieved all my target and in 20 days 12% growth is very good, so party time.

 

50% sold at @219.5

 

Good to see that others are also making profit from my calls but I want to ask u one question why didn't u booked remaining 50% @ 240 level cause that is around 20% gain in very short period.
It is just my advise that don't be greedy or else it will make u upset, some times I also don't book at my final target but that is depending on trailing stop loss and in this case It was very far around 200 near to my purchase price so I booked all.

 

Thanks Sanjay for the advise.
Normally I do as suggested by you. My next target is 230. As a matter of fact, due to my professional limitations, I could not monitor daily price movement yesterday (most of the days). When I found, it has reached my first target, I booked 50% profit and closed my trading for the day. Later I noticed, it went up to 242 and closed at 229. What to do?

 

It is ok, sometimes same thing happened to me.

 

Booked 25% @ 232.70- 2nd target

 

Reached final target. Squired off @245

Thanks