ITS A JUNGLE OUT THERE & ITS U WHO S ON THEIR HUNTING RADAR.........................

ITS A JUNGLE OUT THERE & ITS UR MONEY WHICH IS ON HUNT.........................

Thursday, August 12, 2010

Sai bhajan + trade updates

hello friends


Special Mention
- fresh recommendations are daily given through comments of latest post,whereas Blog is updated every thursday & weekend for ongoing trades.

Trade updates :

Reliance industries - Shorted @ 998, already hit 980, expecting at least to hit 972, if not a 965. keep trailing with a SL cost to cost i.e. 999.

Nitin fire
- Buy recommended @ 347 with a initial SL of 342 ( thereafter, asked to modify the sl below 340 ).

Excel info
- buy recommended @ 47.8. hits all tgts. asked to book @ 53.75. over 12 % gains in 3 days time.

J & K bank
- asked to buy @ 797, booked major quantity @ 823. by today's exercise we actually developed a comfort to increase our stake, if available to buy below 782, while we are carrying the rest.

Biocon - A buy is recommended in biocon only if it crosses 323, & it actually hits 322.25 & turns back. Reco is still ON, only if it crosses 323, then 311 is our SL.

India bulls finance
- A trade recommended @ 160.2, since risk reward ratio demanded a quick buy. Our sl was so near that we could not restrained ourself from buying. SL hit, we lost only 50 paise ( 1/3 rd of a % ).

Vishal retail
- Asked to book fully above 62, to be re-entered below 54. Re enter, below 54, without any hesitation. Structure looks positive .

PFC - keep trailing for remaining 2 tgts mentioned. weak below 310.

Orient papers - bought @ 52.6, hit 57. we are still holding for higher tgts. tgts mentioned are 59.6 & then close to 64.


GVKPIL
- The worst trade, we ever had, since we started blogging. We kept holding it for more than a month , only to see its taking our SL @ 42.8.

WWIL - bought @ 14.75. expecting it to bounce back from 14.4 kind of levels.

KEI industries
- bought @ 32.

HEIGHT OF ACCURACY
:

It doesnt augur nice, but i feel myself excited enough to put up the following fact before u.

VIshal retail
- asked to put a SL of 48. It bounced back actually after hitting exact 48.

Vishal retail
- Asked to book over 62. It hit 64 & retreats back to 55. Now, recommended a fresh buy < 54, for whoever missed this rally .

Excel infoways
- Asked to buy @ 47.8, it could only hit 47.4 ( less than 1 % ) before a bounce back.

Excel infoways
- 3 rd tgt was mentioned as 53.75 to book fully. It retreated back actually after hitting 54.5 ( again only 1.5 % ).

Nitin fire
- Asked to buy with a SL 342, Low made is 342.65.

PFC
- Asked to short between 329-331, high made is 331.

PFC
- then, asked to trail with 329.6, it actually retreats back after hitting 328.65.

PFC
- asked to partialy book around 317, low made is 317.25.

RIL - asked to short @ 999, it did not rise even a single Re. after the recommendation.

J & k bank
- asked to buy @ 797, it did not dip even a single re. after my recommendation .

J & K bank
- asked to book @ 823, high made is 822.70.

Biocon ( till today ) - asked to buy < 323, it actually retreated back after hitting a high of 322.25. I am sure, once it crosses 323, it wont look back.

KEI industries
- SL given for buy recommendations in KEI was 30.5 & it bounced back from 30.65.

I give all the credit of this pinpoint accuracy to Shri Sainath maharaj & request all u readers to pray the almighty to continue to bless me with such accuracy, so that i may continue to fulfill my aim of creating wealth for my blog readers.

AAMEEN.


Since, its a SAI VAAR today, presenting before all of u a Sai bhajan.


http://www.4shared.com/audio/56rEaqp7/Do_Humko_Phool_Ya_Pathar.html


Happy Sailing

OM SAI RAM

23 comments:

vvvvv said...

sir,
one request,
please mention reco-wise whether the stoploss in a particular trade is on closing basis or intraday basis.
thanks

rochak parekh said...

reliance hits 970 ( shorted @ 999 ) , all tgts met. either book fully or wait for 962-965 with your own stop loss. to me call is closed.

Biocon , asked to buy above 323, hits 330. now, i dont think there is any looking back for it. Move SL from 311 to 316.8.

Vishal retail , asked to re enter < 53. Even 54-53 can be considered for a re entry.

Nitin fire hits 355, i am confident, it wont ditch us now, if not comfortable move SL to 342 now.

WWIL - till now, respecting my levels of 14.40, let us see. But, its a gem of a trade. dont panic, even if it dips to make a low like 14.30-14.25. consider it as a buying opportunity.

PFC - Fresh shorts can be considered, which were squared off @ 317. Now, keep a SL of 330.25.



VVVVV

consider all SL's as spot only , that too on NSE, untill specified.

happy sailing

rochak parekh said...

fresh risky intraday trade suggested @ stock4instantgains.

nitin fire starts roaring ahead

rochak parekh said...

UPDATE ON MRPL

we are short in MRPL with a SL above 82

Shorts in MRPL do not look promising till it breaks 77, either

Bring our SL to 80.05, we will make a fresh short in MRPL as & when 77 breaks, if our modified SL 80.05 goes.

rochak parekh said...

nitin fire,

ur last chance to buy

no looking back , once 354 is crossed.

expecting it to score today at least a 20 bucks, since it remained silent since last 3 days.

also keep an eye on canara bank

agressive players can short now

conservative, short 50 % now & wait for the rest 50 % to be shorted after lil rise.

rochak parekh said...

canara bank shorts

stay out

once SL is gone, our discipline suggests to stay out.
we will look for another appropriate opportunity to create shorts in it.

rochak parekh said...

a daringly risky short advised

if asian paints breaks 2685, short sell it, keep a strict strict sl of 2722.

If somebody can afford to keep a sl of 80-120 rs. , create a positional shorts in asian paints.

lucrative return like 12-18 % is expected on lieu of risk of 3-4 %

happy sailing

rochak parekh said...

asian paints shorts initiated

please move SL to 2708 ( for intraday shorts ), once 2680 breaks on downside

rochak parekh said...

canara bank can be re shorted keep today s high as SL once 502 gets broken on downside, tgts remain 484.7/478.2

please keep trailing with your own SL , once initiated to be squared off either @ eod or desired profits, if i remain unavailable ( due to a unforeseen power failure )

rochak parekh said...

also advising to book < 50 % in biocon & keep trailing the rest,

we wud buy the quantity which we are boooking now at an appropirate levels later, since, our tgts remain higher. but, as a part of discipline look to lock 17 rs ( buy initiated on a cross over of 323, healthy 6 % profit, too attractive to be missed ) profit.

rochak parekh said...

asian paints : once 2660 gone, sl can be moved to 2694 & look to book major quantity around 2640, to develop the comfort to carry rest with tsl

biocon

book rest quantity @ eod or above 358, if available today

vvvvv said...

but sir stop loss - closing basis or intraday basis?

rochak parekh said...

VVVVV

trading basis

untill specified

( please follow nse spot prices for my calls )

rochak parekh said...

get ready for a landslide in canara bank, once 502 is gone.

rochak parekh said...

WWIL - this dip is a last buying opportunity if u can afford a SL below 14

OFSS - worth creating a long position in OFSS, since, its close to our SL, keep a Sl of 2068 & buy.

rochak parekh said...

OFSS - book 7 rs. loss, sl gone.

asian paints - i hope, major shorts were booked around 2640 as advised.

Canara bank - stay short, but move Sl to 504.25

rochak parekh said...

signing off for the day

wait for detailed trade reports this weekend for the trades taken monday to friday

rochak parekh said...

j & K bank hits 894, all tgts met

12 % gains in 2 days.

i hope u people are enjoying.

Unknown said...

sir can short canbak on monday if yes what would be sl n tgt?

Saibaba said...

You are doing good work and I appreciate that. But I feel you are giving too many trades at a time. Pl see that only 4 or 5 trades are active at any given time. Then it will be easy to track.

vvvvv said...

i also bear the view of saibababa

INDITRADER said...

Good going Rochakji.
are U from Indore?

rochak parekh said...

ya musti

i am from indore.

dear readers

1. please feel free to call me "rochak ". need not to add "ji" or "sir ".

2. please add your comments in the latest post, so as to i do not miss to reply to them.