The market is jumping high everyday and this is bringing our predictions to the truth so easily but I will surely keep you posted with several other shares that are performing good.
Also, I would always suggest to buy a share that has good market capital and not a company which is still growing although potential of making more money lies in smallcap but risk associated is huge with it.
If you have read my previous posts, I am mentioning about few shares and making the call for them.
Let’s get started with City United Bank first:
From 141, it has moved to 147.60 now which gives us profit of 6.60 per share. This makes it standing at profit of 4.7% in one week. I would say it as a good call.
We made the call to buy it at 252 and now it has closed today at 264.35 giving us handsome profits. Although the target mentioned was 262-264 which still would have made the profits but if you haven’t got out of the share, I would recommend putting Stop Loss at 260 and let the position run and hold on to this share.
If considered my previous call, I would close the position at 264.35 making 12.35 per share or about 5% of profit just in 5 days, not bad ha!
This share also has jumped up rather quickly to our expected price. We made the call at 282 and now it is at 294.25 which was the mentioned target.
Closing the position gives us the profit of 12.25 which is 4.3% jump from the previous number.
CUB is yet to hit the target but VEDL and CAIRN have hit the mentioned target with significant gains.
Overall profit that we have now is 5% profit from VEDL and 4.3% from CAIRN.
I will give more calls in coming times, happy making money until then.