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

Wednesday, June 23, 2010

TRADE UPDATE

SAINATH SABKE SAATH
hello friends
let me update u all for the trades given yesterday
DHANBANK- since, it has already made a high of 179, no juice left in it for us for intraday, we would all look at it this friday or next week in the band of 166-165, to initiate a long trade.
UTV SOFT- trade initiated, but volumes not encouraging. Fortunately it has given us an opportunity to place a SL 393.90, closer to our buy, if position taken is intraday(which i am not favour of ), but is positionally bought, our SL stay intact 389.90.
NEW TRADE
MCDOWELLS-SHORT TRADE
Can take a small short trade only and only in a range of 1266-1267, with a SL of 1281( trading basis ) & above for an intraday target of 1250 and lower. But since, risk reward ratio is not in our favour, its good if u can keep patience and try selling it in the range of 1273-1275, with same SL given above.
Happy sailing
No more updates for the above trades as explained in details with SL and targets.

5 comments:

rochak parekh said...

i really admire the support put up by my friends to my efforts.
namely I LANGO sir, musti, mynac, shiva, hitu, yoda, gautam, san, RM, anuj, venky,nitin, sundar, rajgopal.
i will surely be taking all the suggestion given by u people sincerely and i hope to keep seeking supports from all of u for my forecoming posts also.
VENKY
thanks for ur appraisal
i am surely gonna keep my blog very simple, as i like it as it is.
may be i am sorry to disappoint u, that i am not using EW or TA for my trades. only thing i am following is volume to price analysis. no indices alert only stock specific activities and i am sure, this way my blog would be a lil different.
thanks

Pradhan said...

Hello Parekh Saheb,

Congratulation!

Have you look out some popular socks like GMDC,PIPAVAV,ELECON ENG.Etc.as price action & volume is being well as per your need,if you enlighten something really out for trading or investment purpose will be good for us.

Thanks & Regards,

Pradhan Bhanushali

rochak parekh said...

hello mr. pradhan
thanks for ur visit
would really look forward towards all of them and will come upto u with my remarks
c u till den

Lalit said...

i am just nifty blogmate
wanted to suggest u one thing
can u keep performance analysis of calls u give?
this will boost up confidance of blogmates
yr hunt of price / volume items will really help us
do u track only volume or delivery volume?
Thx

Lalit said...

i entered long hindalco looking to volume of bse- nse-fno and it has paid me decent
entered @ 132 SL days low of 129 T 159