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.........................

Monday, October 11, 2010

Sai Chamatkar & trade updates !

Many stocks namely aban, unitech, mrpl, tata global etc are trading close to their intermediate supports & few more are pond to dip like tata comm, Rel media, Tata power etc. ( pl. dont consider my above views as an invitation to go long OR short in a particular scrip ). This tells us, that we are at a crucial juncture on indices. If we go down, that will take a lot of time for us to revive ( say 8-10 days ), but if we go up, again shorts will get trapped ( like trapped @ 5350-5550-5950 etc ). So considering this risk, i am suggesting some long trades, which are a buy only on technical front, offcourse with lots of risk involved. So, only risky players, go long into them. I repeat only risky players with a capacity of loss bearing upto 10-15 %, and a time frame of at least 2-3 months, go long in the below mentioned scrips. B coz, if we start moving upwards, rewards are also very healthy. So, take small quantity risk.

Ramsaroop industries/Koutons/Resurgere mines/Amtek india ( Sl 62 )/Tata global ( Sl 129 )/Jubilliant organsys ( SL 323 )/Unitech ( SL 92 ), Financial technologies ( 1145 SL ).

ALthough, this also may happen, that these scrips dont break their supports but enter into time correction. So, deep patience required.

& also, scrips like all cargo etc also can be considered to go long, which are still available under our buy range, range which was given 1 month ago.


Scrips in which sl's are not given are to be kept for 2-3 months & only risky players enter into them & for all other scrips, follow strict sl's, b coz all these bets fall into low risk trades. Available very close to their supports. So, make or break level for them.

I am sure, one wud have made good money in last 2 days, if he wud have followed blog & trading table properly. Even in this scenario, rei agro & Gipcl gave us good returns.

10.50 AM, 12 th october
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Need to hold Rei agro, dont book @ given 2nd tgt.
9.30 AM, 12th oct.
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Rei agro - Told to buy above 22.5. 1st tgt achieved instantly, as soon as it gets bought.
3.25pm, 11 th october
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Shift stop loss below 117 now, in gipcl. Keep it on ur screen to enter on a cross over of 120. WUd not generate a buy call again, if, 120 is crossed.
1.20 pm, 11th october
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Buy gipcl, 117.2, SL below 114. Tgts 129 & 143. Positional players only. More bullish if 120 is crossed.
11.40 AM, 11 th October
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Any one can see Baba in the Hawan fire displayed in the pic

We r now, close to finish this series of SAI CHAMATKAR, next week on Dussehera. But, last but not the least SAI CHAMATKAR on Dussehera day wud be the grand one. BABA himself, wud be displayed in the next Sai chamatkar in the Hawan fire.

TRADE UPDATES

Tata power - Long initiated @ 1230 fully booked @ 1448, a hefty 18 % gains & then short call also generated us handsome 2 % profits instantly before stopping out @ 1462.
V r still continuing the positional shorts in PTC & Tata power, with 127 & 1489 as our resp. sl's.

nothing more to be updated immediately.

wud do the same as & when required.

Happy Sailing

Om Sai Ram

10 comments:

kousalya said...

Sir u have any idea about IIP data?!

Regards
Kousalya

rochak parekh said...

WHy do i need to care about that, till BABA & VPT is with me

ExpCG said...

Rochakji,

Updated version of your blog is very clear and easy to track. Your suggestion is very helpful, I already saw for TechM, Rei Agro, Kei and many more. All have hit target price set by you. thank you so much.

I am in loss in Aban Offshore and Suzlon. Could yo suggest how to come out of these.

Om Sai Ram.

Mahavir Jain said...

Hello Rochak,

Thanks a lot for your reply on Mavens Biotech. Your supporting helped a lot.

Sincerely,
Mahavir

rochak parekh said...

dear jitendra

i dont think there is anything to be worried off, if ur positions are in suzlon & aban.

Aban is in uptrend

suzlon has still space to go above 60 ( but maximum 64, i prefer an exit above 61, but offcourse with a trailing sl )

It wud be easy for me, if visitors also mention their position along with their buy/sell prices in their query.

Rakesh Taneja said...

HOW IS GMDC LOOKING IN SHORT TERM BOUGHT 500 @ 138 FEW DAYS BACK

Rakesh Taneja said...

NMDC WAS BOUGHT BY ME AT RS 280/ 500 SHARES FEW MONTHS BACK FOR SHORT TERM IN TERMS OF RISE IN METAL STOCKS WHICH ARE IN UPMOVE DO SUGEST POINT OF RESISTANCE WHERE I SHOULD SELL THEM I HAVE TAKEN 330 AS THEIR IS SOME RESISTANCE IN CHART AT THIS LEVEL

Mahavir Jain said...

Hello Rochak,

I have come across an ineteresting article in Economic Times today titled "Brokers see companies lining up ‘milestone’ dividends in 2011". But those guys played a nice trick by not mentioning companies. What do you think about this? Which might be the companies that the author is pointing at?

Best Wishes,
Mahavir

rochak parekh said...

dear mahavir

thanks for ur valuable information

but i am really unable to comment anything upon this.

as i do not have any idea about fundamentals of any company

thanks

rochak parekh said...

dear rakesh

answer to ur queries lies in my next post

@ all

new post done

please switch to new post for any queries/comments/views

http://stock2gains.blogspot.com/2010/10/trade-updates.html