Shri Satguru Sainath Maharaj ki jai
Hello friends
let us all switch to work
today is our first trade
and we are gonna have a look at UTV SOFTWARE
reason for trades
1. Its involved in latest blockbuster movie RAJNEETI
2. Three days ago reliance capital announced to buy a 18 % stake in its arm.
3.Neither of above 2 factors seems to have factored in its price since last 10-15 days.
4.Since it is near to its support 391, so risk reward ratio looks favourable to take a trade.
5.Media shares have not been in limelight unless a week ago, when all of them had a ride.
So, friends our trade would be on long side

we would be looking forward to buy it in early trades tomorrow morning i.e. 9-9.15AM @ 395-398( all NSE)
our trading stop loss would be 389.95
our first target would be 412-414 intraday & second target would be in the band of 424-428 positional, if it closes above 407.
The key trigger being volumes, so if on NSE, volumes till 11 am is over 30000-40000 , we would assume that our trade is in right direction.

TRADE NO. 2
HIGH RISK TRADE
DHANBANK
It attracted heavy volumes on tuesday also given a B/O above 166, and if u go through the intraday graph , as soon as it crossed 165 today, it never looked back and exploded like anything to make an intraday high of 183.
DONT DONT expect such kind of explosion tomorrow also, since scrips after such an explosion tend to give a lil spark only on long side to create and impression that its gonna explode today again. SO, be alert.
Try to buy it on lower side, only and only @168-169, otherwise not. Mind u, only and only in the band of 168-169 otherwise not, that too only if it has not made a high kind off 176-178 i.e. if it hits a high like 176-178 before u get to buy in the band i gave, LEAVE IT. It would be a trap.
Now, if u get to buy it in the range of 168-169, before it hits a high above 175, u got every chance that it gives an intraday high of 176-178. So, simply buy in the range of 168-169, PLACE a strict strict trading sl of 164.90, and get set for the target of 176 at least @ eod. Dont keep delivery, untill u buy it >167.
So, if ur buy is between 166-167, and u r not comrotable to keep a SL, keep it as a delivery for a target of 176-178, if not intraday then next week tuesday to wednesday.
and if u buy it too early in the band of 168-169, then need not to keep delivery.
BOTH THE ABOVE BUYS only and only if it doesnt hit an intraday high of 176-178 before u buy, otherwise leave it, we would gonna have a look at it either on friday or monday when it would make another move.
So guys happy trading, looking forward towards ur comments( be it a appraisal or a cricism, WELCOME)

DISCLAIMER - Reader and only the reader would be responsible for any losses if occur due to the trades given here on this blog, as this blog is for educational purpose only.
Shri Sathguru SAINATH maharaj ki jai.