Mahindra & Mahindra - Short Update II

Mahindra and Mahindra - earlier posts here and here

Stock touched day's low of 648 and our target was 652 from a sell price of 687

I assume people holding short on this one would have covered it yesterday

Call closed with nice profit of 35 bucks in 3 days

Mahindra & Mahindra - Short Update

Mahindra and Mahindra - Earlier Short call initiate post read

Still short call continue for possible target 672 and 652

Mahindra & Mahindra - Short

M&M (FV - 5/-, Dividend - 230% Incosistent)

M&M earlier post is here

After booking it around 720, stock turned directions and came back behind the trendline.

It is time to trade this on short side now.. one can sell this aroudn 687 levels with stop loss 697 and targets of 672 and 652
Note that auto stocks had bad last week - Herohonda & Bajaj Auto

Old calls update

BBL - Holding
Jayshree - Holding
BPCL - booked around 700 levels (Profitable)
Rpower - booked at 102.50 (Profitable)
M&M - Holding
JPA - Trailing SL hit (Profitable)
Indusind Bank - Trailing SL hit (Profitable)
Yes Bank - Holding the short position with a strict sl of 351 (Profitable)
HDIL - Trailing SL hit (Profitable)

Old calls - Update - 23rd April 2012

BBL - Holding
Jayshree Tea - Holding
BPCL - Holding
M&M - Holding
CIL - Holding

M&M - Positional

M&M (FV - 5/-, Dividend - 230% Incosistent)

Heading for a breakout for possible 760 levels stop loss 693. Seems to be a slow and consistent mover