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

Pick of the Week : Buy ACC

ACC (Close 1267.40) : Buy ACC above 1266 with stop loss of 1250 for target of 1282,1296 and 1313. Stock has formed Doji pattern on charts.

Wednesday, February 27, 2013

Short term Sell Idea : Indusind Bank

Indus Ind Bank (Close 426.40) : Sell below 424 with stop loss of 430 for target of 414 and 405.

Note : On 28.02.2012, stock made a high of 431.30 and low of 407.55 and closed @ 413.50. Stop loss trigerred

Short term Sell Idea : Asian Paints

Asian Paints (Close 4358.05) : Sell this stock if trades below 4370 with strict stop loss of 4410 for target of 4235 and 4170.

Note : On 28.02.2013 Stock made a high of 4434.70 and low of 4225 and closed @ 4262. Stop loss trigerred @ 4410.

Tuesday, February 26, 2013

Short term Trading Idea : Sell ITC

ITC (Close 290.85) : Sell below 290.50 with stop loss of 296 for target of 278.

Note :
On 27.02.2013 made low of 291.25 HIGH 297.40 / CLOSE 295 and Stop loss trigerred @ 296

Monday, February 25, 2013

Short term trading idea : Buy Power Grid Corporation


Power Grid Corporation (Close 112.05) : Buy above 112, with stop loss of 110.20 for target of 116 and 119.

Note:
On 26.02.2013 HIGH 111.90 CLOSE 111.05 BUY CALL NOT TRIGERRED
On 27.02.2013 Stop loss trigerred @ 110.20

Short term trading Idea : Buy RANBAXY


Ranbaxy (Cmp 429) : Buy only above 431 with stop loss of  425 for target of 462.

Note :
25.02.2013  HIGH 435  CLOSE 434
26.02.2013  HIGH 440  CLOSE 413.20, STOP LOSS TRIGERRED @ 425.

Thursday, February 21, 2013

Short term trading Idea : Buy Hexaware

Hexaware (Close 88.40) : Buy above 88.40 with stop loss of  86 for target of 96 and 100.

Note: STOP LOSS TRIGGERED TODAY @ 86

Short term trading Idea : Sell Bharti Airtel

Bharti Airtel (Close 296.20) : Sell with strict stop loss of 303.90 for target of 269.

NOTE : STOP LOSS TRIGGERED AT 303.90

Short term trading idea : Sell Shriram Transport

Shriram Transport (Close 699.25) : Sell below 699 with strict stop loss of 705 for short term target of 620.

NOTE: TRADE NOT EXECUTED

Short term trading Idea : Sell Mahindra and Mahindra

Mahindra & Mahindra (cmp 887) : Sell at current levels with stop loss of 905 for target of 820 and 795.

Note: STOP LOSS TRIGGERED on 22.02.2012 @ 905

Wednesday, February 20, 2013

Buy Geometric Soft

Geometric Soft (Close 107.30) : Buy above 107 with stop loss of  103 for target of 115 and 121.

Note : Stock made a high of 110.90 on 21.02.2013 and stop loss trigerred on 22.02.2013.

Tuesday, February 19, 2013

Sell ZEE Entertainment

ZEE Entertainment (Close 220.45) : Sell below 220 with strict stop loss of 223.90, for target of 211.

Note : made low of 212 on 22.02.2012

Buy Reliance Communications

Reliance Communications (Close 73.05) : Buy above 73 with stop loss of 71.90 for target of 78.

Note: STOP LOSS TRIGGERED TODAY @ 71.90

Saturday, February 16, 2013

Pick of the week : Sell Bajaj Auto

Bajaj Auto (Close 1970) : Sell Bajaj Auto below 1970 with stop loss of  2002 for target of 1890 and 1850.

Note: STOP LOSS TRIGGERED @ 2002

Thursday, February 14, 2013

Larsen and Toubro Sell at current levels

Larsen and Toubro (Close 1482.05) : If Larsen stays below 1485 can come up to 1425, keep stop loss of 1499.

Note: Stock made a low of 1416 on 22.02.2013.

Tuesday, February 12, 2013

Buy United Spirits above 1945

Mcdowell (United Spirits) Cmp 1937 : Buy above 1945 with stop loss of 1925 for target of 2160.

Note : Stop loss trigerred.