SHORT TRADES & SAI BHAJAN !

Short sell canara bank 721-725, SL 745. Tgts 698 & 672.

9.25 am, 29 th OCTOBER
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Hello friends

Here are some new opportunities for u people, RISKY ONE. & this time for a difference & ON PUBLIC DEMAND, short selling opportunities.

Asian paints - Close to expiry, i am expecting HUGE HUGE swing in this BEAUTY. Short sell close to 2670, SL high & TRADE VERY RISKY. Sl above 2725. Tgts 2550-2575.

Torrent power - Above 311, SL 322. Tgts 272 & 254. Time period at least 3 months.

Piramal health - Short sell above 500, Sl above 516. Tgts 450 & 421. Time period 4 weeks - 2 months.

Well, let me clarify , how i came to a decision to short all of the above.

Amongst the 3 mentioned, asian paints is most most risky. Only lion hearted enter this trade. B coz, structure seems positive till 2494 breaks on the down side. But, since, i have identified a risk level in the stock, hence, recommending this trade. Kindly follow strict strict sl's.

Torrent power - Assuming that the upmove which started in this stock @ 180 kind of levels has finished up & stock came into the downtrend. To nullify this downtrend it shud trade above 322, also, there is a gap @ 321-322. So, this gap shud not get filled to maintain the downtrend. SO, please follow appropriate levels & sl's also for the trade.

Piramal health care - Same funda as of torrent power. It is now assumed that downtrend has started. ALthough, confirmation is due, which wud come with a break of 468. So, either one must wait for 468 to break & then short sell on the upmove to 500 after the break of 468 OR one can take a risk on a upmove above 500, without a break of 468 & keep the SL mentioned. This trade is also supported by a GAP between 509-515. So, keep a sl above 516.

HAPPY SAILING

JAI SAI RAM

Here is a SAI bhajan on this SAI VAAR.

REPOSTING

http://www.4shared.com/account/audio/HElqk5Sn/ab_too_hi_dekhe_bhale.html