Thursday, February 6, 2014

Short term trading Idea : Buy M&M Finance


M&M Financial Services : Buy above 257 with  stop loss of 251, for short term target of 267 & 273.

Short term trading Idea : Buy Jet Airways


Jet Airways : Buy above  231 with stop loss of 222 for short term target of 252 and 257.

Saturday, March 2, 2013

Short term trading idea : Buy SRF

SRF (Close 185.75) : This stock had made high of 204 on 20.02.2013 and has subsequently made retracement of 38.2% 183.95 on 28.02.2013. Short term risk takers can buy this stock above 186 with strict stop loss of 183.70 for target of 192 and 197.

Index View : Spot Nifty

Nifty Spot (Close 5719.70) : If Nifty trades above 5713 level during first half hour of trading, one can go long for target of 5746,5772 and 5805 and if trades below can come upto 5686, 5653 and 5627.

NIFTY 20   DMA : 5880
NIFTY 50   DMA : 5946
NIFTY 100 DMA : 5844
NIFTY 200 DMA : 5522