Dear friends
Please have an update on our ongoing trades
1.- Vishal retail - Buy generated both for conservatives & agressives
2. Century textiles - 1 st tgt completed, i hope conservatives booked smart 3% gains, agressive keep sailing with a TSL of 454.
3.-BEL - i hope conservatives booked smartly as suggested to them the 7-8 % of gain, if not even then they locked a handsome 5 % kind of returns after their sl hit @ 1785. agressive sl remain same 1750.
4.-HDIL - Our sl in hdil saved us from a big loss, also taught me an important lesson. now onwards i would be restraining myself from shorting calls.
Keep an eye on GVK power
Presenting b4u a Sai baba bhajan, i hope baba's devotees are enjoying the stuff.
http://www.4shared.com/audio/rK3a13F4/APNE_MAN_KE_KORI_CHUNARIYA.html
OM SAI RAM
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.........................
Showing posts with label bel. Show all posts
Showing posts with label bel. Show all posts
Wednesday, July 14, 2010
Trade updates + Sai baba bhajan !
Labels:
bel,
century tex,
gvk,
sai baba bhajan,
vishal retail
LOVE SEX AUR DHOKHA & TRADING - I
LOVE SEX AUR DHOKHA, that2in trading.
Absolutely yes my friends. Love sex & dhokha is my new finding in equity trading. Its another matter that this terminology is known as LIMIT, LEVERAGE & LOSSES to us. L8 me try & explain how it goes.......................
L8 us all discuss about d LOVE first :
Le8 us all first try & understand How does share market attracts a common man.No doubt v all got a deep desire 4a quick & easy money n v keep searching all d time 4d same. Media plays a significant role 2make a common man think that share market is an easiest place 2make quick money. well, 2me its a hidden agenda. Hidden agenda of newspapers, business channels, tv analysts ( or ne kind of analysts ), brokerage houses, tips providers,operators, lead managers, FIIS, DIIS, advisory service providers etc etc. This cartel gets benefited only if fresh money keeps kicking in2 share markets as v all know game remains d same only players change. Media plays d role of creating d hype about the rise of already inflated share market with d headlines like " XXX points rise in share markets ", ABC company mcap rose _ _ _ crores in a single day ", " XYZ company investors made rich by !@#$ Crores in a single day ", " IPO lists with XX % premium on first day " etc etc. They all somehow create a scene like this all will keep going like this & share market is never gonna fall . This hype produces a LEFT OUT kind of feeling in a layman , thus making him entering d share market in a hurry without proper guidance, understanding & preparations.
This is how LOVE develops in a common man.
Let name our lay man as pappu. Pappu after establishing share market as a place2 fulfill all his dreams, plans 2start trading. Through all d inadequate information he gets from all d "pappus" around him, he starts searching 4brokers 2start his innings. Following are d points he considers important 4his broker.
1. Brokerage - pappu, in the initial stages of trading thinks lower my brokerage is, higher is my earning . Looks 4a low brokerage broker.
2. Leverage - Pappu always wanted 2hold 10 rs. stock with only 1 rs. in his kitty.As he thinks with a rise of 5 % in a stock his 10 rs. holding can give him a profit of 50 % on his 1 re capital. That s why first thing ( preferred even over d brokerage ) which matters for pappu is leverage. & he would always chose a broker who provides him rich leverage ( even upto 10 X ).
3. Holding period - Pappu dreams, the longer his broker let him hold d stock, more would b his profit. So, d third point matters 4him, is d cycle being facilitated by his broker 2him. It varies from T + 1 to upto T + 7 with broker 2broker. .
4.Tips - With a no no knowledge of share market, pappu always looks 4a broker who can lead him with " ready 2eat " kind of tips, which can fulfill his fancies with ease.
As soon as pappu's hunt 4a broker of his kind finishes he starts trading with a nominal margin amount he has......
This is how Pappu's AFFAIR 2wards share
market starts taking shape...........
P.S. - BEL - forgot 2mention in last post, a handsome 7 % return already, more2come, hold now with a TSL of 1750, conservative keep a sl of 1785
P.S.2 - As this is too long a story that how pappu's love 2wards market turns into SEX & then a DHOKHA, it would be presented before all of you in several episodes.
P.S. 3 - Related articles ( pl go through following relevant write ups also ):
1.-http://stock2gains.blogspot.com/2010/06/what-is-your-trader-type.html
2.-http://stock2gains.blogspot.com/2010/06/why-to-put-stop-loss.html
3.-http://stock2gains.blogspot.com/2010/06/trade-summary-functioning-of-volume.html
Till then HAPPY SAILING.
Om Sai Ram.
Absolutely yes my friends. Love sex & dhokha is my new finding in equity trading. Its another matter that this terminology is known as LIMIT, LEVERAGE & LOSSES to us. L8 me try & explain how it goes.......................
L8 us all discuss about d LOVE first :
Le8 us all first try & understand How does share market attracts a common man.No doubt v all got a deep desire 4a quick & easy money n v keep searching all d time 4d same. Media plays a significant role 2make a common man think that share market is an easiest place 2make quick money. well, 2me its a hidden agenda. Hidden agenda of newspapers, business channels, tv analysts ( or ne kind of analysts ), brokerage houses, tips providers,operators, lead managers, FIIS, DIIS, advisory service providers etc etc. This cartel gets benefited only if fresh money keeps kicking in2 share markets as v all know game remains d same only players change. Media plays d role of creating d hype about the rise of already inflated share market with d headlines like " XXX points rise in share markets ", ABC company mcap rose _ _ _ crores in a single day ", " XYZ company investors made rich by !@#$ Crores in a single day ", " IPO lists with XX % premium on first day " etc etc. They all somehow create a scene like this all will keep going like this & share market is never gonna fall . This hype produces a LEFT OUT kind of feeling in a layman , thus making him entering d share market in a hurry without proper guidance, understanding & preparations.
This is how LOVE develops in a common man.
Let name our lay man as pappu. Pappu after establishing share market as a place2 fulfill all his dreams, plans 2start trading. Through all d inadequate information he gets from all d "pappus" around him, he starts searching 4brokers 2start his innings. Following are d points he considers important 4his broker.
1. Brokerage - pappu, in the initial stages of trading thinks lower my brokerage is, higher is my earning . Looks 4a low brokerage broker.
2. Leverage - Pappu always wanted 2hold 10 rs. stock with only 1 rs. in his kitty.As he thinks with a rise of 5 % in a stock his 10 rs. holding can give him a profit of 50 % on his 1 re capital. That s why first thing ( preferred even over d brokerage ) which matters for pappu is leverage. & he would always chose a broker who provides him rich leverage ( even upto 10 X ).
3. Holding period - Pappu dreams, the longer his broker let him hold d stock, more would b his profit. So, d third point matters 4him, is d cycle being facilitated by his broker 2him. It varies from T + 1 to upto T + 7 with broker 2broker. .
4.Tips - With a no no knowledge of share market, pappu always looks 4a broker who can lead him with " ready 2eat " kind of tips, which can fulfill his fancies with ease.
As soon as pappu's hunt 4a broker of his kind finishes he starts trading with a nominal margin amount he has......
This is how Pappu's AFFAIR 2wards share
market starts taking shape...........
P.S. - BEL - forgot 2mention in last post, a handsome 7 % return already, more2come, hold now with a TSL of 1750, conservative keep a sl of 1785
P.S.2 - As this is too long a story that how pappu's love 2wards market turns into SEX & then a DHOKHA, it would be presented before all of you in several episodes.
P.S. 3 - Related articles ( pl go through following relevant write ups also ):
1.-http://stock2gains.blogspot.com/2010/06/what-is-your-trader-type.html
2.-http://stock2gains.blogspot.com/2010/06/why-to-put-stop-loss.html
3.-http://stock2gains.blogspot.com/2010/06/trade-summary-functioning-of-volume.html
Till then HAPPY SAILING.
Om Sai Ram.
Labels:
bel,
leverage,
love sex aur dhokha,
stop loss,
tsl
Tuesday, July 13, 2010
Trade updates !
Hello friends !
Om Sai Ram !
Grasim - It was our caution only which lead us 2 square off grasim intraday.
Indian hotel - Look2book in 108-110 band, SL 104.5.
Ifci - I hope profit locked > 59, if not wait 4 a level >61 with a TSL 57.
Vishal retail - a good investment bet, block buster investing opportunity, investors try2buy in the range 53-51, traders buy close to 53, trader's target 1.-59, 2.-66. Medium term investor's target 8least 92-97. SL 48.
HDIL - Try a short >258 with a trading basis SL 260, tgt 253.5, agressive tgt 248, all spot.
Century textiles - agressive buy 460-461, conservative wait 2 buy 458-457, SL 454, tgt 8least 470, tgt 2-484. All spot.
Happy sailing.
Not only i am busy with the business i own but i wouldnt want my readers to be indulged into a trade untill i am sure. Just dont trade 4an itch2trade.
Om Sai Ram !
Grasim - It was our caution only which lead us 2 square off grasim intraday.
Indian hotel - Look2book in 108-110 band, SL 104.5.
Ifci - I hope profit locked > 59, if not wait 4 a level >61 with a TSL 57.
Vishal retail - a good investment bet, block buster investing opportunity, investors try2buy in the range 53-51, traders buy close to 53, trader's target 1.-59, 2.-66. Medium term investor's target 8least 92-97. SL 48.
HDIL - Try a short >258 with a trading basis SL 260, tgt 253.5, agressive tgt 248, all spot.
Century textiles - agressive buy 460-461, conservative wait 2 buy 458-457, SL 454, tgt 8least 470, tgt 2-484. All spot.
Happy sailing.
Not only i am busy with the business i own but i wouldnt want my readers to be indulged into a trade untill i am sure. Just dont trade 4an itch2trade.
Labels:
bel,
century tex,
grasim,
hdil,
ifci,
indian hotels,
itch2trade,
over trading,
shorting,
vishal retail
Thursday, July 8, 2010
Trade updates + Sai baba bhajan
Hello friends
Here is an update for our ongoing trades
Indian hotels - Agressive, raise ur SL to 103.25, trading basis.
IFCI - Looking good, most likely to hit 60 + on thursday, raise SL to 56.5
BEL - To me its looking very good, if somebody not comfortable, sl 1750( trading basis)
Following is a Sai bhajan link, since its a SAI VAAR today.
Block buster trade due for friday/monday.
Love, sex aur dhokha & trading, most probably not before next SAI VAAR .
Till then, Happy Sailing.
Om Sai Ram.
http://www.4shared.com/audio/IW1Q-y7k/AAKE_TERE_DWAAR.html
Here is an update for our ongoing trades
Indian hotels - Agressive, raise ur SL to 103.25, trading basis.
IFCI - Looking good, most likely to hit 60 + on thursday, raise SL to 56.5
BEL - To me its looking very good, if somebody not comfortable, sl 1750( trading basis)
Following is a Sai bhajan link, since its a SAI VAAR today.
Block buster trade due for friday/monday.
Love, sex aur dhokha & trading, most probably not before next SAI VAAR .
Till then, Happy Sailing.
Om Sai Ram.
http://www.4shared.com/audio/IW1Q-y7k/AAKE_TERE_DWAAR.html
Labels:
bel,
ifci,
indian hotels,
sai baba bhajan,
sai vaar
Tuesday, July 6, 2010
Trade updates !
Hello friends
here is a latest update on my ongoing trades.
UTV SOFT - Agressive stopped out. ( i hope friends remember conservative made money )
IFCI - Conservative tgt completed, booked out. agressive keeps carrying sl 55.5.
BEL - B/o above 1860 ( mentioned in earlier post ) but since conservative & agressive both have a convenience of buying at lower level, i recommend to carry, else conservative can pocket this handsome profit of 5-6 %.
WWIL - Stopped out.
OFSS - Stopped out ( just by 5 rs, but discipline is discipline ).
ABAN - Agressive also stopped out @ 822 ( just 1/2 % above the level where conservative pocketed a handsome 8 % profit )
Indian hotels - Agressive keep carry with a SL of 102, conservatives already had a handsome 4 % profit.
We are gifted with following valuable lessons from above trades. ( learning is an ongoing process. In trading not only failure but successful trades also carry vital lessons )
1. Lesson from UTVSOFT, ABAN, IFCI,Indian hotels - conservative approach has an edge over agressive approach, as conservative gets out with a 4-6 % profit in a shorter time frame, wheareas agressive kept carrying either to stopped out at cost to cost or a profit which is not handsome than conservatives in comparison to time frame they hold.
2. OFSS & WWIL - Even if a volume & price B/O occurs, its worth waiting for a dip to enter to maintain the disciplined approach of making risk reward ratio in our favour, so that even if we stop out, we exit with a minimal loss.
Would like to put up a fact, which is from my heart before my readers.
Data from my sitemeter suggests that my fellow readers keep visiting my blog for an updation. But they would have disappointed for the same. Let me put up valid reasons for the delay in updations.
1. My commitment to the stationery business i own.
2. As i wont let my readers to be indulged into over trading.( its worth having a lesser no. of 4-6 % profit trade rather than numerous other trades to balance our pocketed profit. )
3. My commitment to my readers doesnt allow me to come up with a trade until i see a favourable opportunity.
I hope my readers agree with me & keep co operating.
Dont forget to tune into my blog for a Saibaba Bhajan & most probably with a block buster trade on SAI VAAR.
Till then happy sailing.
Jai sai ram.
here is a latest update on my ongoing trades.
UTV SOFT - Agressive stopped out. ( i hope friends remember conservative made money )
IFCI - Conservative tgt completed, booked out. agressive keeps carrying sl 55.5.
BEL - B/o above 1860 ( mentioned in earlier post ) but since conservative & agressive both have a convenience of buying at lower level, i recommend to carry, else conservative can pocket this handsome profit of 5-6 %.
WWIL - Stopped out.
OFSS - Stopped out ( just by 5 rs, but discipline is discipline ).
ABAN - Agressive also stopped out @ 822 ( just 1/2 % above the level where conservative pocketed a handsome 8 % profit )
Indian hotels - Agressive keep carry with a SL of 102, conservatives already had a handsome 4 % profit.
We are gifted with following valuable lessons from above trades. ( learning is an ongoing process. In trading not only failure but successful trades also carry vital lessons )
1. Lesson from UTVSOFT, ABAN, IFCI,Indian hotels - conservative approach has an edge over agressive approach, as conservative gets out with a 4-6 % profit in a shorter time frame, wheareas agressive kept carrying either to stopped out at cost to cost or a profit which is not handsome than conservatives in comparison to time frame they hold.
2. OFSS & WWIL - Even if a volume & price B/O occurs, its worth waiting for a dip to enter to maintain the disciplined approach of making risk reward ratio in our favour, so that even if we stop out, we exit with a minimal loss.
Would like to put up a fact, which is from my heart before my readers.
Data from my sitemeter suggests that my fellow readers keep visiting my blog for an updation. But they would have disappointed for the same. Let me put up valid reasons for the delay in updations.
1. My commitment to the stationery business i own.
2. As i wont let my readers to be indulged into over trading.( its worth having a lesser no. of 4-6 % profit trade rather than numerous other trades to balance our pocketed profit. )
3. My commitment to my readers doesnt allow me to come up with a trade until i see a favourable opportunity.
I hope my readers agree with me & keep co operating.
Dont forget to tune into my blog for a Saibaba Bhajan & most probably with a block buster trade on SAI VAAR.
Till then happy sailing.
Jai sai ram.
Labels:
aban,
agressive,
bel,
conservative,
ifci,
indian hotels,
ofss,
over trading,
stop loss,
UTV,
wwil
Wednesday, June 30, 2010
Trade update !
Grasim - SL hit.
Indian Hotel - Sl remains 102 closing basis ( for agressives, conservatives already pocketed the profits market offered to them )
ABAN - Looking good. No wonder it fulfills our wishful target today. Only IMPULSIVE keep carrying with a trading SL of 807.
Logic told us a tgt of 818 ( see post dated 25 th june, not only tgt price but tgt period also mentioned ). Intuition told us a tgt of 880. Here, market suggests us a lesson. Always prefer LOGIC over INTUITION. Here is why experienced trader has a upper hand over a newbie trader. Experienced trader accepts happily what market offers whereas Newbie simply wants market to fulfill his wishful thinking. Please always find market as a place for logics rather than wishes ( wud come up with a detailed post on the same this weekend, dont miss out )
BEL - Doesnt look like breaking the downside level mentioned yest. Safe to have a SL of 1693 ( cost to cost ).
UTV - Agressive keep trailing with a sl of 401 ( trading basis ).
Even this is my 2nd week of blogging, today being a last day of month, would come up with a brief summary of my trades just to make my readers familiar with my trading style ( doing this would let me not go into detailed following up of my future trades ). This is 1 st reason i am not giving new trades, 2 nd being let them avoid over trading.
So keep SAILING HAPPILY as ever.
OM SHRI SAI YASH KAAY SHIRDI VASINE NAMAH !
Indian Hotel - Sl remains 102 closing basis ( for agressives, conservatives already pocketed the profits market offered to them )
ABAN - Looking good. No wonder it fulfills our wishful target today. Only IMPULSIVE keep carrying with a trading SL of 807.
Logic told us a tgt of 818 ( see post dated 25 th june, not only tgt price but tgt period also mentioned ). Intuition told us a tgt of 880. Here, market suggests us a lesson. Always prefer LOGIC over INTUITION. Here is why experienced trader has a upper hand over a newbie trader. Experienced trader accepts happily what market offers whereas Newbie simply wants market to fulfill his wishful thinking. Please always find market as a place for logics rather than wishes ( wud come up with a detailed post on the same this weekend, dont miss out )
BEL - Doesnt look like breaking the downside level mentioned yest. Safe to have a SL of 1693 ( cost to cost ).
UTV - Agressive keep trailing with a sl of 401 ( trading basis ).
Even this is my 2nd week of blogging, today being a last day of month, would come up with a brief summary of my trades just to make my readers familiar with my trading style ( doing this would let me not go into detailed following up of my future trades ). This is 1 st reason i am not giving new trades, 2 nd being let them avoid over trading.
So keep SAILING HAPPILY as ever.
OM SHRI SAI YASH KAAY SHIRDI VASINE NAMAH !
Labels:
aban,
bel,
intuition,
over trading,
UTV
Tuesday, June 29, 2010
Quick trade update
Hello friends
Let me update all of you with our ongoing trades :
1. Aban - Completed the tgt.( go through my old post ) mentioned. Conservative can book. My intuition ( statutory warning - trading on intuitions is hazardous to wealth ) says it can show a 880-885 kind of level today itself if doesnt break current intraday low ( only for agressives )
2. Grasim - Move ur SL to 1788 now.
3. BEL - Seems rangebound between 1690-1760. Strong on a cross over of 1760, but weak below 1690. move your sl to 1688 now.
4. Indian hotels - Looking good, keep patience ( Most vital key to success in equity trading ) or move SL to 102.90.
5. Utv soft - Conservative already booked, agressive move SL to 400 now.
Since, all my trades would be well equipped with details on SL & targets, i wud come down 2 u 4 newer trades only rather than updates.
Would mention that TULIP IT( 855 ), Noida toll(28), HDIL ( 244 ) were also on my radar, but since we were already having 5 ongoing positions, i did not want my readers to be indulge into overtrading, so did not suggest.
Ring u all as soon as i see something hot cooking, till then HAPPY SAILING.
SHRI SADGURU SAINATHARPAN MASTU SHUBHAM BHAVTU
Let me update all of you with our ongoing trades :
1. Aban - Completed the tgt.( go through my old post ) mentioned. Conservative can book. My intuition ( statutory warning - trading on intuitions is hazardous to wealth ) says it can show a 880-885 kind of level today itself if doesnt break current intraday low ( only for agressives )
2. Grasim - Move ur SL to 1788 now.
3. BEL - Seems rangebound between 1690-1760. Strong on a cross over of 1760, but weak below 1690. move your sl to 1688 now.
4. Indian hotels - Looking good, keep patience ( Most vital key to success in equity trading ) or move SL to 102.90.
5. Utv soft - Conservative already booked, agressive move SL to 400 now.
Since, all my trades would be well equipped with details on SL & targets, i wud come down 2 u 4 newer trades only rather than updates.
Would mention that TULIP IT( 855 ), Noida toll(28), HDIL ( 244 ) were also on my radar, but since we were already having 5 ongoing positions, i did not want my readers to be indulge into overtrading, so did not suggest.
Ring u all as soon as i see something hot cooking, till then HAPPY SAILING.
SHRI SADGURU SAINATHARPAN MASTU SHUBHAM BHAVTU
Labels:
aban,
bel,
grasim,
indian hotels,
UTV
Monday, June 28, 2010
Trade update
Hello friends
let us quickly go through the trades we are tracking.
Aban - Trading above the range mentioned for agressive. Ideally if B/O occurs, should not fall below the b/o level. Agressive keeps an SL 725, conservative 746.
Indian Hotels - Continuing with HH/HL series, SL below 102 seems ok for now.
Patni - Made a nice lil low of 486, still on our radar but not an immediate buy.
IGL - Would wait for it to come down to a level below 240-238, or simply leave it.
BEL - Bought, keep a SL of 1670 on trading basis.
Grasim - Bought, keep a SL of 1780 on trading basis.
MRPL - Had mentioned it friday on I lango sir's blog, i hope somebody followed, here is the link.( did not mention here, now its too late to jump into the trade )
LINK-http://tradeinniftyonly.blogspot.com/2010/06/nifty-intraday-update-i_25.html
( SL's are matter of not only one's comfort level but risk apetite also, keep tracking your profits with a TSL keeping above 2 factors into mind. ALways cut the losses & let the profit trail. )
Would come again later to all of you, whenever something needs to be mentioned, till then HAPPY SAILING.
Trading quote 4d day - Never apply 2 different theories for d same trade, you wud end up only guessing about your sl & targets.
OM SAI RAM
let us quickly go through the trades we are tracking.
Aban - Trading above the range mentioned for agressive. Ideally if B/O occurs, should not fall below the b/o level. Agressive keeps an SL 725, conservative 746.
Indian Hotels - Continuing with HH/HL series, SL below 102 seems ok for now.
Patni - Made a nice lil low of 486, still on our radar but not an immediate buy.
IGL - Would wait for it to come down to a level below 240-238, or simply leave it.
BEL - Bought, keep a SL of 1670 on trading basis.
Grasim - Bought, keep a SL of 1780 on trading basis.
MRPL - Had mentioned it friday on I lango sir's blog, i hope somebody followed, here is the link.( did not mention here, now its too late to jump into the trade )
LINK-http://tradeinniftyonly.blogspot.com/2010/06/nifty-intraday-update-i_25.html
( SL's are matter of not only one's comfort level but risk apetite also, keep tracking your profits with a TSL keeping above 2 factors into mind. ALways cut the losses & let the profit trail. )
Would come again later to all of you, whenever something needs to be mentioned, till then HAPPY SAILING.
Trading quote 4d day - Never apply 2 different theories for d same trade, you wud end up only guessing about your sl & targets.
OM SAI RAM
Friday, June 25, 2010
Scrips on our radar
SHRADDHA SABURI
Hello friends
Let me brief u a lil about the scrips on our radar towards which i am looking forward to take a trade.
1. Aban off shore : Structure seems positive to us, volumes favouring a buy. Only hurdle is a supply @ 758-763 zone, if cleared then expect a quick move upto 818 at least within a couple of days. Support lies @ 717-726. Since risk reward ratio not suggesting a buy here. Try buying closer to 712-716 band ( conservative ). Agressives can initiate a trade on a cross over of 762.
2. Grasim : Same is the case with grasim, volumes already there. Just waiting for it to cross 1840-1845 kind of band or a buy closer to its support 1790-1795. Agressive can buy on a crossover of a band of the above mentioned resistance band.
3.Igl - Its not a buy right now, but keep an eye on it. would come up with details on the weekend.
4.Patni computers - It is also not an immediate buy. Keep an eye on it.
5.Indian hotels - Looks like gearing up to hit our targets mentioned yesterday.
6. BEL - Had already mentioned as a buy candidate last week. Please wait for details.
All above trades are at a premature stage
Would come up with more write up about above mentioned scrips and also my approach to trading with a detail this weekend. Looking forward towards a co-operation.
DISCLAIMER - Please consider the content of this blog as an educative material only. Trades initiated on the write up in this blog are reader's responsibility.
Hello friends
Let me brief u a lil about the scrips on our radar towards which i am looking forward to take a trade.
1. Aban off shore : Structure seems positive to us, volumes favouring a buy. Only hurdle is a supply @ 758-763 zone, if cleared then expect a quick move upto 818 at least within a couple of days. Support lies @ 717-726. Since risk reward ratio not suggesting a buy here. Try buying closer to 712-716 band ( conservative ). Agressives can initiate a trade on a cross over of 762.
2. Grasim : Same is the case with grasim, volumes already there. Just waiting for it to cross 1840-1845 kind of band or a buy closer to its support 1790-1795. Agressive can buy on a crossover of a band of the above mentioned resistance band.
3.Igl - Its not a buy right now, but keep an eye on it. would come up with details on the weekend.
4.Patni computers - It is also not an immediate buy. Keep an eye on it.
5.Indian hotels - Looks like gearing up to hit our targets mentioned yesterday.
6. BEL - Had already mentioned as a buy candidate last week. Please wait for details.
All above trades are at a premature stage
Would come up with more write up about above mentioned scrips and also my approach to trading with a detail this weekend. Looking forward towards a co-operation.
DISCLAIMER - Please consider the content of this blog as an educative material only. Trades initiated on the write up in this blog are reader's responsibility.
Labels:
aban,
bel,
grasim,
indian hotels
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