PRAKASH IND
BUY @ CMP 183
SL 169
TARGET 204-212
DCHL
BUY NEAR 138
SL 134
TARGET 143-145
Indiabulls Securities Ltd
Buy with stop loss 25
Target 33.00
Idea Cellular Ltd
Sell below 71-72
Target 65.00
UTV Software Communications Ltd
Sell 565
Target 495.00
Short term calls
Oil & Natural Gas Corporation Ltd
Buy with stop loss 1230 for a month
Target 1400.00
8/20/2010
niftey level
Expect a negative closing today.
Target 5484-5454: Time frame 1 or 2 days. Try to exit shorts and August puts at the above mentioned levels.
Try to avoid heavy overnight positions. OR HEDGE YOUR POSITIONS.
I strongly feel either from 5484 or 5460-5454 market may move once again to 5535 levels next week.
Stoploss for shorts 5562. Stoploss for longs 5409.
If closes above 5562 expect a sharp uptrend. But Chances are remote.
For Today: Market may open at 5500 and initial low may be around 5490. Then it may try to go up to 5515-5520 levels. Then it will slide to 5484 or even 5460-5454. If breaks 5454 expect 5440-5430.
All levels are spot levels.
Target 5484-5454: Time frame 1 or 2 days. Try to exit shorts and August puts at the above mentioned levels.
Try to avoid heavy overnight positions. OR HEDGE YOUR POSITIONS.
I strongly feel either from 5484 or 5460-5454 market may move once again to 5535 levels next week.
Stoploss for shorts 5562. Stoploss for longs 5409.
If closes above 5562 expect a sharp uptrend. But Chances are remote.
For Today: Market may open at 5500 and initial low may be around 5490. Then it may try to go up to 5515-5520 levels. Then it will slide to 5484 or even 5460-5454. If breaks 5454 expect 5440-5430.
All levels are spot levels.
8/13/2010
niftey level
The targets for this final rally.
Technical targets: 5437-5458-5490. Wave Targets 5486-5491-5502.
Expect a slide in the morning trade to the levels of 5397-5379. You can buy Nifty here for any of the above mentioned targets.
Correction is global markets started. We may also going to join very soon.
Dont hold overnight long positions. Just a slight bad news may trigger the correction.
Technical targets: 5437-5458-5490. Wave Targets 5486-5491-5502.
Expect a slide in the morning trade to the levels of 5397-5379. You can buy Nifty here for any of the above mentioned targets.
Correction is global markets started. We may also going to join very soon.
Dont hold overnight long positions. Just a slight bad news may trigger the correction.
8/05/2010
intraday tips
BUY JAICORP ABOVE 290.80, SL.284.9, TGT 298/308
BUY ESSARSHIP ABOVE 92.25, SL.89.9, TGT 94/96/100
nifty level
Dear Friends and Respected Members,GOOD MORNING.I give below my Nifty levels for Today.Please go through the sameand trade on your DECISIONS.Please take the Profits whenever seen.
Buy above: 5465: Sl: 5430: Tgt: 5485-5500-5511-5525-5536.
Sell below: 5430: Sl: 5465: Tgt: 5420-5405-5395-5380-5369.
Please ENTER as per levels and EXIT as per your planned targets with STOP LOSS.I pray the Almighty be with you always in all your efforts.
8/04/2010
10 SIMPLE RULES TO MAKE PROFIT IN AUGUST 2010:
10 SIMPLE RULES TO MAKE PROFIT IN AUGUST 2010:
As said earlier 2010 will be the most profitable year for investor’s worldwide especially in India. But most of the investors have missed the previous rally. Now it is high time to learn from past mistakes, Markets has nearly doubled in last one year, was your investment doubled? If your answer is no then go ahead and read the article.
· The most important thing: believe in the market and go along with it, never try to
Predict the market.
· Pick a stock based on its future potential do not give undue importance to P/E,EPS etc
· Technical analysis works for a very short period and in a stable market
· Learn to book profit in a very strict manner and more important restrict your losses within your bearable limit with strict stop-loss.
· Never buy a stock because of a news or recommendation on TV,MEDIA as positions are built in same stocks prior to releasing the news in media in most of the cases,
· Build a wholesome portfolio so that loss will be minimal if some pick goes wrong. Never invest more than 10% of your investible fund in a single stock and 25% in a single sector.
· Invest 50% in large cap, 35% in midcap and rest keep rotating in intra or positional trade.
· Learn the art of portfolio churning at regular intervals as per your investment style and after a major event like Budget, Election etc.
· Never overtrade in margin. Ideally not more than 10% of your capital is deployed in margin trade in volatile times like this.
· Invest in sunrise sectors in 2010 like logistic, media, power, infrastructure and so on
EENJOY TRADING.
As said earlier 2010 will be the most profitable year for investor’s worldwide especially in India. But most of the investors have missed the previous rally. Now it is high time to learn from past mistakes, Markets has nearly doubled in last one year, was your investment doubled? If your answer is no then go ahead and read the article.
· The most important thing: believe in the market and go along with it, never try to
Predict the market.
· Pick a stock based on its future potential do not give undue importance to P/E,EPS etc
· Technical analysis works for a very short period and in a stable market
· Learn to book profit in a very strict manner and more important restrict your losses within your bearable limit with strict stop-loss.
· Never buy a stock because of a news or recommendation on TV,MEDIA as positions are built in same stocks prior to releasing the news in media in most of the cases,
· Build a wholesome portfolio so that loss will be minimal if some pick goes wrong. Never invest more than 10% of your investible fund in a single stock and 25% in a single sector.
· Invest 50% in large cap, 35% in midcap and rest keep rotating in intra or positional trade.
· Learn the art of portfolio churning at regular intervals as per your investment style and after a major event like Budget, Election etc.
· Never overtrade in margin. Ideally not more than 10% of your capital is deployed in margin trade in volatile times like this.
· Invest in sunrise sectors in 2010 like logistic, media, power, infrastructure and so on
EENJOY TRADING.
intraday tips
APTECHT PREVIOUS HIGH 163.70 / LOW 143.00
RESISTANCE: - 168.70/176.55/184.40
SUPPORT: - 148.00 /135.15/127.30
BUY 163.00 STOP LOSS 155.00 TARGETS 167.00 /176.00
SELL 153.00 STOP LOSS 157.00 TARGETS 148.00/137.00
JUBLFOOD PREVIOUS HIGH 424.00 LOW 363.30
RESISTANCE: 441.56/463.13/484.70
SUPPORT: - 380.86/341.73/320.16
BUY 423.00 STOP LOSS 400.00 TARGETS 439.00/462.00
SELL 398.00 STOP LOSS 406.00 TARGETS 383.00/343.00
ABGSHIP PREVIOUS HIGH 250.20 / LOW 242.00
RESISTANCE: - 251.36/254.88/258.40
SUPPORT: - 243.16/238.48/234.96
BUY 248.00 STOP LOSS 246.00 TARGETS 251.00/255.00
SELL 245.00 STOP LOSS 247.00 TARGETS 244.00/239.00
RESISTANCE: - 168.70/176.55/184.40
SUPPORT: - 148.00 /135.15/127.30
BUY 163.00 STOP LOSS 155.00 TARGETS 167.00 /176.00
SELL 153.00 STOP LOSS 157.00 TARGETS 148.00/137.00
JUBLFOOD PREVIOUS HIGH 424.00 LOW 363.30
RESISTANCE: 441.56/463.13/484.70
SUPPORT: - 380.86/341.73/320.16
BUY 423.00 STOP LOSS 400.00 TARGETS 439.00/462.00
SELL 398.00 STOP LOSS 406.00 TARGETS 383.00/343.00
ABGSHIP PREVIOUS HIGH 250.20 / LOW 242.00
RESISTANCE: - 251.36/254.88/258.40
SUPPORT: - 243.16/238.48/234.96
BUY 248.00 STOP LOSS 246.00 TARGETS 251.00/255.00
SELL 245.00 STOP LOSS 247.00 TARGETS 244.00/239.00
nifty level
EXPECT ANOTHER RANGEBOUND DAY.Those who have shorted can add one more if it goes upto the levels of 5490-5505.If rangebound happens do not trade today. Wait patiently for a high.I strongly feel that it is highly difficult to cross 5478.My stoploss for shorts is 5512 and for longs is 5390.
8/03/2010
8/02/2010
intraday tips
CUMMINS PREVIOUS HIGH 642.65 / LOW 612.00
RESISTANCE: - 648.70/661.00/679.35
SUPPORT: - 618.05 /599.70/587.40
BUY 638.00 STOP LOSS 629.00 TARGETS 647.00 /659.00
SELL 627.00 STOP LOSS 632.00 TARGETS 620.00/601.00
IRB PREVIOUS HIGH 298.40 LOW 272.00
RESISTANCE: 302.75/313.80/329.15
SUPPORT: - 276.35/261.00/249.95
BUY 292.00 STOP LOSS 287.00 TARGETS 302.00/313.00
SELL 286.00 STOP LOSS 288.00 TARGETS 277.00/262.00
M&M PREVIOUS HIGH 664.90 / LOW 640.00
RESISTANCE: - 670.95/680.35/695.85
SUPPORT: - 646.05/630.55/621.15
BUY 663.00 STOP LOSS 654.00 TARGETS 669.00/679.00
SELL 652.00 STOP LOSS 657.00 TARGETS 648.00/632.00
RESISTANCE: - 648.70/661.00/679.35
SUPPORT: - 618.05 /599.70/587.40
BUY 638.00 STOP LOSS 629.00 TARGETS 647.00 /659.00
SELL 627.00 STOP LOSS 632.00 TARGETS 620.00/601.00
IRB PREVIOUS HIGH 298.40 LOW 272.00
RESISTANCE: 302.75/313.80/329.15
SUPPORT: - 276.35/261.00/249.95
BUY 292.00 STOP LOSS 287.00 TARGETS 302.00/313.00
SELL 286.00 STOP LOSS 288.00 TARGETS 277.00/262.00
M&M PREVIOUS HIGH 664.90 / LOW 640.00
RESISTANCE: - 670.95/680.35/695.85
SUPPORT: - 646.05/630.55/621.15
BUY 663.00 STOP LOSS 654.00 TARGETS 669.00/679.00
SELL 652.00 STOP LOSS 657.00 TARGETS 648.00/632.00
nifty level
Go Long at / above 5349.2. Keep Stoploss at 5343.85. Target 1 is 5393.91 Go Long at / above 5366.28. Keep Stoploss at 5343.85. Target 2 is 5423.17 Go Long at / above 5387.94. Keep Stoploss at 5366.28. Target 3 is 5460.28
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