India Stock Market Commentary August 22, 2011

Indonesia stock info - India Stock Market Commentary August 22, 2011 ; I still see a lot of selling pressure on India and global stocks, but also, we could see a reversal to the upside now with the huge global stock sell-off in the last 3 weeks. Look for a tradeable and profitable trade to the upside, but keep your mental stop-losses tight and ready to implement them to lock in profits and keep any losses to a minimum. My suggestion on buying new long positions currently is to look for value dividend paying stocks that will provide some return in the long-term, and the short-term looks to still be a bumpy volatile ride.


August 22, 2011
Buy Position: Camlin Fine Chemicals Ticker BOM:532834 PE Ratio 25.65
Buy Entry: 89.00 to 95.08
Stop-Loss: 81.88
Take Profit Areas: 115.25 to 118.82, 121.65 to 125.41, 142.08 to 146.41, 180.74 to 186.55, 208.65 to 215.40

August 01, 2011
Buy Position: Cipla Limited Ticker BOM:500087 PE Ratio 24.85
Buy Entry: 302.91 to 311.76
Stop-Loss: 278.67
Take Profit Areas: 340.43 to 344.96, 349.19 to 353.84, 376.33 to 381.30, 428.86 to 434.65, 465.42 to 472.55



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