R V DONE ????

Hello friends

These were very hillarious 2 days. As mentioned full of action. As mentioned bounced back. As mentioned, lots of accumulation done. But R V DONE ??

My suggestion is no, a big NO. V r yet not done with this round of correction. Well, giving a verdict about markets is always tricky. How did i reach this conclusion ? well answer lies in movements, of various scrips, which are on radar. Scrips which stopped out, have lots of scope to fall more. Scrips which are on my radar, yet not came to my buying range. Scrips which buying range have achieved, rose 2much 2quick. So, this is the reason, i think, v r not done for the dips. But, i still believe, this consolidation is an wonderful opportunity, provided that v keep following strict sl's, consistency & discipline also.

TRADE UPDATES

Tata power - Thankfully v closed our short trade early with 2 % profits pocketed. Our tgt was 1369 & it touched 1370. WOW. Now v r gonna short it on the break of 1370 only for the tgts mentioned.

XL TELE - Bought @ 31.2, Sl below 31 now.

Petronet - Bought @ 125. Sl below 122. Book profits , as & when handsome, as it has risen too much too early.

Gammon india - Bought @ 198.

R power - Bought again @ 157. We already had a buy position in the same & booked @ 171.

Power grid - Bought 50 % of our capacity @ 105.

NEW TRADES

Elder Pharma - Below/close to 392, SL 384. tgts 414/422/429.

Essar oil - Buy agressively , once 148 is crossed on upside.

Zensar tech - Above 165 for a 5-7 % upside.

DCHL - CLose to 125. Sl below 122. OR above 142.

HOPFL - ON the break of 75 on the downside, with SL below 72.

LET me remind once again, that v r monitoring more than 30 scrips right now. Doing this just to ensure that, none of the blog visitors run after any stock, but wait patiently for the stock to come closer to the levels mentioned, or close to SL to take positions. Please avoid the stocks those have run out of ur reach & concentrate on the stocks, that are within our buying range.

HAPPY SAILING

OM SAI RAM


P.S. - REMINDING

I am soon starting my services FREE OF COST on yahoo messenger & most probably on mobile also. But, this facility wud be ONLY & EXCLUSIVE to

1. Traders listed on the follower's list of my blog

& ALSO

2. Send a mail on stockngains@gmail.com with following details

Name as a follower

Real name - Not compulsary

Age

sex

Location

Yahoo messenger ID

whether added on yahoo messenger or not.

This exercise is not to be repeated by the people, who have already done it. & is to ensure that my efforts are actually reaching to the people, who believe in my levels who want to work seriously on my levels.








Trading table updation & trade updation, along with fresh trades wud be done by 11 am. SInce, this is the time for 1 hour power cut in my city, after which, i wud be busy with my daily prayings.

So, c u till 11 am.

HAPPY SAILING

OM SAI RAM