Friday, October 12, 2012

Short term trading idea : Sell Infosys below 2339

Infosys (Cmp 2418) : If Infosys closes below 2339, one can go short for target of 2213. Keep a watch on this stock.

Wednesday, October 10, 2012

Short term trading idea : Sell Dr Reddy

Dr. Reddy (Close 1691.70) :  Stock has formed bearish candlestick pattern, Sell below 1695 with stop loss of 1703 for target of 1676 and 1665.

Support and Resistance for Stock
R1 1700.10 , R2 1737 R3 1797
S1 1677 S2 1640 S3 1603 S4 1580 S5 1543

Tuesday, October 9, 2012

Short term trading idea : Oswal Chemicals & Fertilizers Ltd


BINDALAGRO (Oswal Chemicals & Fertilizers Ltd) (Close 31.70) : Buy above 32 with stop loss of  29.70 for target of  43.50. (Stock traded only in NSE)

Short term trading idea : KSK Energy Ventures

KSK Energy Ventures (Close 72.05) : Buy with strict stop loss of 66.50 for target 80.90.