Hello friends !
SPECIAL MENTION - Please go through the special announcement @ bottom of this post.
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ARE THERE ANY SCALPERS HERE< there is something very special for scalpers with me. Scalping, only in stock specifics, not indices please. Mail me.
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It has been an exhaustive 8-10 festive days, i could not update blog regularly, but then i was not finding any trade suitable enough to be posted on the blog. I always wanted to remain honest with my readers. Did not want them to indulge in a trade, just to trade. Markets were full of whipsaws these days. I always look for some solid reasons to initiate a trade. Let me update u all with our ongoing trades & then some new trades.
Hope u people enjoyed short calls give in tata power, idbi & ptc india.
THESE coming 2 DAYS seems to me as accumulating days.
UPDATES
IDBI - Weak below 154. Cover once close to 155 & sell again , if 154 gets broken for 144 * 137.
Tata power - Our tgts intact 1369 & most probably 1239 also. Keep trailing now with a closing SL of 1449 or SL above 1468. Must tell u, structure is bullish.
Ptc india - We shorted twice to miss once our tgt by 60 paisa only. Second time also, it did provide us an opportunity to cover out shorts @ 120. I hope, somebody booked profits. It seems v r now all set to stop out. Those holding shud keep a Sl of 127.
GTL - Ready to blast in 7-10 days.
All cargo - Add more, below 155. For those also who missed last time. But, keep a tight Sl below 150.
Jyoti structures - Huge accumulation done. Try to buy close to 132. Sl below 128.
Jindal saw - Add more above 222.
FRESH TRADES :
Zee tele - Short above 282, SL 286. Tgts 262 & 252
Asian paints - Risky players, may choose to go long close/below 2618, SL 2585. Tgts 2759 & 2868.
Nagarjuna Construction - Short but very risky short, as it has taken support @ 147, the region @ which it has taken support 6 months back & then shot up to 190+. Short only above 159, SL 162. A quick enter & exit short.
Mcdowells ( united spiritis ) - Again a RISKY shortsell, SL above 1575. So wait to short close to 1560, tgts 1488-1495, a quick enter & exit short.
GSPL - Buy below/around 115, Sl 111 tgts 129 & 143. Patient/conservative players can wait for 121 to be conquered to take longs for 2nd tgt mentioned.
Gvk power - Hot shot buy, if 41 stays protected.
Castrol - Buy below 456, SL 448.
Icsa - Twin trade. Short above 131. Sl 134, tgts 125 & 119. Buy close/below 126, SL 123 tgts 132 & 149.
Inox - Buy close/below 70, Sl below 68. tgts 78 & 89.
Hindustan motors - Buy close to 24, preferably below 24 with a SL below 23. Tgts 28.8. Traders who like to play safe, may wait for it to cross 30 to initiate a trade. Robust above 30.
Ramsaroop industries - If u people remember, we traded it, picking up the bottom ( 58.4 ) to sell @ top ( 70 ) with a promise to re enter later. So, we already have a 12 odd rs. benefits in it. Risky players may choose to buy close to 35 % of their desired quantity @ cmp & hold to buy rest of 65 % close to 29-28 for the same. No stop loss can be designed for such scrips. Best we can do is, buy in staggered manner. MUST MENTION, VERY RISKY TRADE, with huge gains possible. ONly traders who have guts to hold for next 8-9 months, & also not have tendency to check day to day prices, are only suggested to take this trade.
Suven life science - Again a long term & patience bet. Buy 50 % of desired quantity close to 28.4-28.7 & rest 50 % @ 27.2-27.35, with sl below 26.8. tgts 33 & 39. Can be kept for long term for multifold returns.
Fcs soft - Junk stock, buy close to 1.85-1.80 with a view of 8-9 months, for a 40-50 % returns in next 4-6 months.
HAPPY SAILING
OM SAI RAM
P.S. - Soon, i am launching my services free of cost through yahoo messenger & on mobile also.
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9 comments:
how is jupitier bio looking as investment. 1.RSI COMES DOWN TO 26. 2.SAPPORT ZONE OF 76-80. 3.COMPANY TO COME OUT WITH GDR ISSUE.COMPANY IS IN ORIGNAL RESEARCH BASED PRODUCT OF BIOTECH.SOVEN GROVENTECH ITS USA SUBSIDERY IS ONE OF THE FEW WORLD CLASS BIOTECH FIRM. COMPANY,S= EPS AND GPM ARE ABOVE 20 AND HAS A BOOK VALUE OF MORE THEN 100 RS
Dear rakesh
wait for levels like 76.5-75.7 & then 71-70 in jupiter bio.
so buy in 2 fragments
this is wat technicals suggesting
i dont have any idea about fundamental analysis
so take ur own call accordingly
good work RP, ur stocks r good for short term trading...
keep doing ...good work...
dear rochak parekh,
in scalping or daily trading I am using only M&M, which give me 5/7points ,some times twice.., but do not know the levels,charts or technical,etc..
if you can track and guide on it ,may be very helpful..kind regards &love..
Om Sai Ram..
sure shiva
gimme some time & ur yahoo messenger id please
dear RP,(please allow me too address ,you as RP.)
my yahoo messenger id .
mail id.
with kind regards and love..
yahoo-messenger id, shivasons
mail shivasons1@gmail.com
Dear RP,
I got stuck with IPO allotmnt of Ramky. can u pls look into tech ana and tell me if i can holdon ( already 20k loss)
Thx..kumaresan
New post done
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http://stock2gains.blogspot.com/2010/10/trade-updates-new-trades.html
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