DEAR FRIENDS
FRIDAY OR MONDAY, THE BUDGET DAY, i suppose, v r in for a final blow & this blow, could be VERY VERY LETHAL. How do i get this. Well, i dont trade in nifty, i trade in stocks, & stocks with their respective daily, weekly & monthly lvls, along with FIBO no.'s & then i match my expected levels with I LANGO SIR's level.
LAST TIME WHEN I DID THIS, i mailed i lango sir, when we were close to 5200 levels, THAT SIR, v r in for a low & a meaningful bounce. The next day, NIFTY MADE A SHORT TERM LOW 5177 to bounce back to 5598.
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HERE IS THE MAIL
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rochak parekh
to ilango
show details Feb 9
respected sir
i have been tracking data for cnx 500 stocks for last 2 & half years.
whenever more than 220-240 stocks from cnx 500 went oversold & 150-180 stocks hit 52 week low. 1 or 2 days around we saw a bottom, which remain a bottom for at least next 7-10 weeks. ( 1 quarter at least ).
Currently, after todays fall, 258 stocks are in oversold territory & 162 stocks hit 52 weeks low
coinciding with ur levels of 5220-5180-5170
also, sujata s 5227
& kumar guru's 5222 levels
griding, in other words capitulation ( i dont know the exact spelling ) also seen today..
we are ready to see, dreadful headlines in tomorrows news papers.
Rumours also, that anil ambani may be arrested, ( however, later denied by himself )
all this pointing towards a bottom formation
so, i think, we are in with a bottom for time being.
regards
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THEN MY NEXT MAIL, IN CONTINUATION OF THIS MAIL WAS
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rochak parekh
to ilango
show details Feb 9
SIR
also, many a stocks meeting the earlier projected downside tgts.
hcc ( 34 ), unitech ( 38 ) etc.
ALSO,
the adag stocks today , i feel, have made ( or in process to make ) a higher tops to 2008 lows ( rel cap - 272 , rel infra - 450 , rel power - 92 & advanced smartly ) to edge higher & higher in days, weeks, months to come.
although, my buying wud be for 6-9 months & of no means, if after i buy, indices head lower to 5000 & lower, after i buy, so, actually require to catch the bottom. ( else as per ur advice, i wud be booking profits, as & when u signal ).
SORYY, need not to reply at all & also, u can ask me to not to send personal query at all, if this bothers u too much sir.
regards
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ONE MORE THING I WUD LIKE TO MENTION IS :
ITS more than an year than we havent see indices scoring a TWO CONTINOUS DAY, downfall of 3 % of more. This happens every year compulsarily. SO, seems today is the time.
BUT I MUST TELL U, this fall, as i am expecting, WUD B VERY VERY LETHAL, CAPITULATING, & SCARY. ( & I MAY BE COMPLETELY WRONG TOO )
U CAN SEE MANY A STOCKS FALLING 20 % OR MORE EVEN.
& THIS WUD ALSO BE A TIME TO BUY STOCKS, SIGNIFICANT TIME TO BUY STOCKS, BUT TIME2BUY2 ( LIST GIVEN BELOW ) again we wud see a downfall, breaking this expected low, but that wud be after a bounce of say 600-700 points, crossing 200 DEMA, on the upside, again to convert bears into the bulls ( like happened recently at 5600 ). This whole process may consume, say 3-4 months & finally we may see a bottom in the range of 16100-14800 sometime in MAY.
PURE SPECULATION, NOTHING ELSE. BUT MIND U, EITHER ON FRIDAY OR MONDAY, SO DONT JUMP TO BUY, UNTILL I LANGO SIR GIVES A CLEAR SIGNAL FOR THE SAME.
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DUE ATTN. PL. - I MAY B COMPLETELY WRONG IN MY LVLS. MENTIONED. SO KINDLY DONT MAKE MY LVLS. ONLY TO BUY OR SELL THE STOCKS, PL. CONSULT UR FINANCIAL ADVISOR BEFORE FOLLOWING. I WUD NOT BE RESPONSIBLE FOR NE CONSEQUENCES, FOR FOLLOWING THE RECO's GIVEN BELOW.
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STOCKS SPECIFIC APPROACH - LIST OF STOCKS, which r a buy @ CURRENT LEVELS.
VIDEOCON - Place a SL below 180 & buy around 188-185. EXCELLENT, opportunity, if 180 stays protected.
DISHMAN - as discussed , place a SL below 87, i expect it to open lower, then a bounce of 4-5 % & then a final blow to make a bottom below yest. low.
GNFC - See, if 100 stays protected, a new yearly high is possible.
ASHOK LEYLAND - IF 45 stays protected, then expecting a good 25-30 bounce, upto 57-58 in 2-3 months, but 81 is a final multimonth top.
SESA GOA - ALthough, the high made in 2010, is an ultimate multimonth or multi year high, but a LOW RISK bet can be taken with a SL below 280, for a 30-35 % bounce, in 2-3 months.
ALOK IND. - Either buy close to 20, placing a SL below 20 OR wait for a level below or Close to 19, then 17 is a GOOD SL, its a GOOD BUY, with expecting a new high for 2011, some times til october.
NALCO - LOOKS, good. DOnt buy immediately, buy IN MARCH , on a decline to 376 or lower, placing a SL below 346. ALTHOUGH, RISK remains, higher of 8 % , rewards, also wud be TOP CLASS, over 50 %. Expecting a a new 2011 high.
NB ventures - RISKY , Short, above 226.5, SL > 229. Tgts 216 & lower.
MPHASIS - LOOKS very good, TODAY, i think, it had made a bottom at 597. BUY IN MARCH, 610 & lower, placing a SL below 572. Expecting it to cross, its all time high very soon, most probably in 2011.
SCI - LOOK PROMISING , 87 & lower. DOnt miss if get around 85.
HPCL - Looks like taking support in the band of 297-302. DONT MISS, if u get it lower to this.
PTC - EXCELLENT BUY, 68 & lower.
GREAT OFFSHORE - TO ME, IT HAS MADE BOTTOM TODAY.
TATA CHEM - Expecting it to fall lower to 160-200, to be a good buy. TAke a risk around 300, if 272 remains protected.
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LIST OF STOCKS WHICH ARE A BIG NO NO @ CURRENT LEVELS.
RANBAXY - HAS an unfilled gap @ 488. I am very bearish on the stock. Expecting it to slide below 400. Its an excellent bet at 395-390, with a SL below 363. Expecting again a new high in 2012, if not in 2011.
DLF - DONT REMAIN LONG, on a NIFTY BOUNCE to 5500 or higher, reduce, ur longs. I am expecting it to break 2008 lows.
IGL - DOUBLE TOP, VERY BEARISH, dont touch it, till u get it in sub 130 levels.
JINDAL SOUTH WEST HOLDING - UNFILLED GAP @ 1130, VERY BEARISH. STOCK, as per my expectation wud loose more than 50 % from this level.
MRPL - is a buy , 44 & lower.
JYOTI STRUCTURE - BUY 60 & lower. It may rise, then to levels like 240 & higher, in next 9 months, after making that low.
SINTEX - Shud fall big to 80-100.
BIRLA CORP. - SHUD FALL BIG TO 160-175.
ISPAT - DONT MISS IT, 17 & lower, with a SL below 15, OR ELSE AROUND 10.5-11.
UTV - SHUD BUY, it next big fall, REMEMBER only on a big fall, to 425-410, IF 385, doesnt stay protected, then 250-260 is certain.
CROMPTON - Expecting, if not big, then at least 30 % fall from current levels.
CUMMINS - DOUBLE TOP in place, very bearish. Must fall to 185-220 levels.
FEDERAL BANK - Looks, like double top to me. VERY BEARISH. Must fall to 250-260, with a STOP at 220, OTHERWISE, 135-150 is certain.
TORRENT POWER - VERY BEARISH, can fall to 85 & lower, in coming months.
MAX INDIA - May fall to 115-125, & then score 245-260 in next 6-8 months.
CMC -must fall to 1125-1165 before any meaningfull bounce, & then finally to 450 & lower. I think, its time to exit the stock, at graceful price.
ACKRUTI CITY - INDICES ARE HOVERING AROUND 2009 high & STOCK is trading at LIFETIME LOW. paying penalty for having risen too much too quick , in 2008. MAY fall to 130-111 level before any substancial bounce.
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THIS WEEKEND, MY POST WUD BE COVERING MORE THAN 60-70 STOCKS WITH MY VIEWS ABOUT THE TREND EMERGING IN THEM WITH MY LEVELS.
TILL THEN, HAPPY SAILING
OM SAI RAM
Thursday, February 24, 2011
Tuesday, February 22, 2011
RIIL & JAI CORP- LONGS , Stay cautious !
HELLO FRIENDS,
ALthough , this post is for trades, for wednesday, 23 rd february & onwards. But, had to post the same with the above title, as i feel that RIIL, if not jai corp has risen too early too much from their 5177 lows. So, longs need to be cautious on RIIL at least. I wud not suggest, any new longs on RIIL at least, if not JAI CORP coz, upside if yes, is not more than 5-7 % from current levels, BUT, downside risk is more than 20 %.
DISHMAN PHARMA
BUY, below yest. low in panic & HOLD. tgts are good. FOR cautions, keep a SL below 87 ( in case, if u want to ). Otherwise, it has good upside ( 20-25 % potential ) with a downside risk of only 5 % . ONLY THING, which is to be taken care of, it shudnt create any downside unfilled gap.
GESHIP
Same is with GE SHIPPING. I am sensing, some good upside momentum in shipping stocks. Keep a stop below 254 & buy below 258. BUT REMEMBER, this buy is only meant for a bounce of 17-20 % & with Strict sl.
SCI
ALthough, downside risk is upto 91-92 levels, but again upside potential is a good 22-26 rs. Keep an appropriate SL & buy in panics to 94-92.
PHOENIX MILLS
Looks good, BUY tomorrow, keeping a SL below 168.
DIVIS LAB
ONly for RISKY players, Keep a SL below 615 & buy below 620. reduce at 637 + lvls & carry with TSL.
CANARA BANK
Again for RISKY players. BUY below 580, keeping a SL below 576, to reduce at 595-597 & then carry with TSL.
BHUSHAN STEEL
Buy around/below 400, keep a SL below 397, reduce, around 415-417 & carry with TSL.
POWER GRID
Play keeping the range 97 & 99 in the mind. Buy above 99, SL below 97,upwards momentum to PICK up above 101, tgts 104.5 & 108 & then higher also.
PUNJ LLOYD
ONly for LONG TERM PLAYERS. WHO can afford to take a risk of 20 % downside for a HEFTY 50 % upside. Buy at close to 65 levels. Reduce around 79-80 & carry with TSL. It has an unfilled gap @ 82. So, momentum to be picked up above SAY 82-84.
SPICE JET
Buy, below 42, keeping a SL below 40. Tgts, 48-50 within a week. RISKY.
FINANCIAL TECH
BUY below/around 820, Keep a SL below 818. On upside, may go upto 835/845/854.
But, if breaks 818, short on a bounce above 824, keeping a SL above 830, tgts, then wud be 804 & 792 even.
PATEL ENG.
SHORT > 186, SL 189. Tgts, 179 & lower, good downside, on a break of 175.
LONG < 180, Sl 177, tgts 185/188 & then upto 200 also. IF 177 stays protected.
RIIL - SPECIAL MENTION
744, january high, seems to me, a high for 2011. & if 757 not breached on upside in 2011, then expecting a good downside tgts, like 380 & lower in the stock. Although, this wud be very gradual, time consuming process of 8-9 months. SO, i advise, traders, holding the stock, to reduce tomorrow @ 710-730 levels. I dont think, u wud want to keep a STOCK for a potential of 25 RS. upside & a healthy 300 rs. on downside. ALTHOUGH, if FANCY, u can always, look to buy the stock on a healthy 25-30 % dip, if 757 is breached on the upside, in the coming days.
JAI CORP - SPECIAL MENTION
ALTHOUGH, on jai corp, i am expecting a 20 % freeze tomorrow. ( THIS IS NOT, PLEASE A BUY CALL ON THE STOCK ), but that wud only be to make a lower top to its JANUARY HIGH. STOCK TURNS BULLISH only after a cross over of 235 levels. which seems impossible to me. I am also expecting this stock to slide lower towards levels like 80-77 in 2011.
P.S. - MOST IMPORTANT
ALL THE TRADES DISCUSSED ABOVE ARE FOR COMPULSIVE RISKY INTRADAY TRADERS ONLY. B COZ, i think, markets in a day or two, is gonna provide, much beautiful opportunities, after the choppy moves. ITS WORTH WAITING FOR 1-2 days.
HAPPY SAILING
OM SAI RAM
ALthough , this post is for trades, for wednesday, 23 rd february & onwards. But, had to post the same with the above title, as i feel that RIIL, if not jai corp has risen too early too much from their 5177 lows. So, longs need to be cautious on RIIL at least. I wud not suggest, any new longs on RIIL at least, if not JAI CORP coz, upside if yes, is not more than 5-7 % from current levels, BUT, downside risk is more than 20 %.
DISHMAN PHARMA
BUY, below yest. low in panic & HOLD. tgts are good. FOR cautions, keep a SL below 87 ( in case, if u want to ). Otherwise, it has good upside ( 20-25 % potential ) with a downside risk of only 5 % . ONLY THING, which is to be taken care of, it shudnt create any downside unfilled gap.
GESHIP
Same is with GE SHIPPING. I am sensing, some good upside momentum in shipping stocks. Keep a stop below 254 & buy below 258. BUT REMEMBER, this buy is only meant for a bounce of 17-20 % & with Strict sl.
SCI
ALthough, downside risk is upto 91-92 levels, but again upside potential is a good 22-26 rs. Keep an appropriate SL & buy in panics to 94-92.
PHOENIX MILLS
Looks good, BUY tomorrow, keeping a SL below 168.
DIVIS LAB
ONly for RISKY players, Keep a SL below 615 & buy below 620. reduce at 637 + lvls & carry with TSL.
CANARA BANK
Again for RISKY players. BUY below 580, keeping a SL below 576, to reduce at 595-597 & then carry with TSL.
BHUSHAN STEEL
Buy around/below 400, keep a SL below 397, reduce, around 415-417 & carry with TSL.
POWER GRID
Play keeping the range 97 & 99 in the mind. Buy above 99, SL below 97,upwards momentum to PICK up above 101, tgts 104.5 & 108 & then higher also.
PUNJ LLOYD
ONly for LONG TERM PLAYERS. WHO can afford to take a risk of 20 % downside for a HEFTY 50 % upside. Buy at close to 65 levels. Reduce around 79-80 & carry with TSL. It has an unfilled gap @ 82. So, momentum to be picked up above SAY 82-84.
SPICE JET
Buy, below 42, keeping a SL below 40. Tgts, 48-50 within a week. RISKY.
FINANCIAL TECH
BUY below/around 820, Keep a SL below 818. On upside, may go upto 835/845/854.
But, if breaks 818, short on a bounce above 824, keeping a SL above 830, tgts, then wud be 804 & 792 even.
PATEL ENG.
SHORT > 186, SL 189. Tgts, 179 & lower, good downside, on a break of 175.
LONG < 180, Sl 177, tgts 185/188 & then upto 200 also. IF 177 stays protected.
RIIL - SPECIAL MENTION
744, january high, seems to me, a high for 2011. & if 757 not breached on upside in 2011, then expecting a good downside tgts, like 380 & lower in the stock. Although, this wud be very gradual, time consuming process of 8-9 months. SO, i advise, traders, holding the stock, to reduce tomorrow @ 710-730 levels. I dont think, u wud want to keep a STOCK for a potential of 25 RS. upside & a healthy 300 rs. on downside. ALTHOUGH, if FANCY, u can always, look to buy the stock on a healthy 25-30 % dip, if 757 is breached on the upside, in the coming days.
JAI CORP - SPECIAL MENTION
ALTHOUGH, on jai corp, i am expecting a 20 % freeze tomorrow. ( THIS IS NOT, PLEASE A BUY CALL ON THE STOCK ), but that wud only be to make a lower top to its JANUARY HIGH. STOCK TURNS BULLISH only after a cross over of 235 levels. which seems impossible to me. I am also expecting this stock to slide lower towards levels like 80-77 in 2011.
P.S. - MOST IMPORTANT
ALL THE TRADES DISCUSSED ABOVE ARE FOR COMPULSIVE RISKY INTRADAY TRADERS ONLY. B COZ, i think, markets in a day or two, is gonna provide, much beautiful opportunities, after the choppy moves. ITS WORTH WAITING FOR 1-2 days.
HAPPY SAILING
OM SAI RAM
Thursday, February 17, 2011
18 th FEBRUARY
HELLO FRIENDS
Yest. i could not manage to post on time, so today compensating for it, posting early. Due to shortage of time, i actually missed some really nice moves, expected earlier for today.
IVRCL INFRA - RISKY, Short close to 81, SL above 83, Tgts 78.3 & 77.
PTC - BUY, closer to 94, SL below 92. Book PART quickly close to 97 & then TRAIL.
POWER GRID - Turns positive on a trade above 101, candidate for 104 & above 105 for 111 & 117 even. BUT since, its a SLOW MOVER. BUY closer to 98 & below OR, buy on dips after a close above 101 ( with volumes ).
PATEL ENG. - Becomes a buy candidate on a move abv. 196 & move confirms by a trade abv. 200, SINCE, its being DONE extremely oversold, so good upside expected.
BASF - SHORT above 486, SL abv. 489-90.
Bank of baroda - Buy close to 911, Sl below 902. Expect 926 & then higher also.
RANBAXY - Buy close to 510, SL 505. Expect 523 & then higher also.
DISHMAN PHARMA - Trade as mentioned yest.
HIMAT SEIDE - trade CAUTIOUSLY on SHORT side, with a STOP above 39. GOOD downside expected, provided MARKET SUPPORTS.
UNITY - Buy below/close 60, SL 59 expect 62-63.6 & then good 20-25 % on a close above 64.
3 M india - TRICKY, RISKY. But, if u follow levels. RISK REWARD favours. Short abv. 3375, SL 3398. Expect 3222 & lower also, if MARKET SUPPORTS.
COROMANDEL INT. - Short above 289, SL 294. expect at least 272 & then lower also, after a break of 265.
RIIL - Buy below 610, SL 600, Tgts 620 & 635-638 also.
Thomas Cook - Opens lower, Buy below 51, SL 50, reduce close to 54.
OPENS higher, Short Abv. 54, SL 55. Tgts 53 & 50.45.
I HOPE U PEOPLE ARE ENJOYING, the moves mentioned.
DO u people face losses in stock trading, Tune into the blog, on weekend, i wud suggest some measures, to prevent u from making losses.
TIll then, enjoy this BHAJAN, of SAI NATH, since, its SAI VAAR today.
BABA’s Blessings
HAPPY SAILING
OM SAI RAM
P.S. - For comments section, a new GADGET has been introduced. IF visitor finds it difficult to post the comments, kindly mention to stocksngains@gmail.com.
Yest. i could not manage to post on time, so today compensating for it, posting early. Due to shortage of time, i actually missed some really nice moves, expected earlier for today.
IVRCL INFRA - RISKY, Short close to 81, SL above 83, Tgts 78.3 & 77.
PTC - BUY, closer to 94, SL below 92. Book PART quickly close to 97 & then TRAIL.
POWER GRID - Turns positive on a trade above 101, candidate for 104 & above 105 for 111 & 117 even. BUT since, its a SLOW MOVER. BUY closer to 98 & below OR, buy on dips after a close above 101 ( with volumes ).
PATEL ENG. - Becomes a buy candidate on a move abv. 196 & move confirms by a trade abv. 200, SINCE, its being DONE extremely oversold, so good upside expected.
BASF - SHORT above 486, SL abv. 489-90.
Bank of baroda - Buy close to 911, Sl below 902. Expect 926 & then higher also.
RANBAXY - Buy close to 510, SL 505. Expect 523 & then higher also.
DISHMAN PHARMA - Trade as mentioned yest.
HIMAT SEIDE - trade CAUTIOUSLY on SHORT side, with a STOP above 39. GOOD downside expected, provided MARKET SUPPORTS.
UNITY - Buy below/close 60, SL 59 expect 62-63.6 & then good 20-25 % on a close above 64.
3 M india - TRICKY, RISKY. But, if u follow levels. RISK REWARD favours. Short abv. 3375, SL 3398. Expect 3222 & lower also, if MARKET SUPPORTS.
COROMANDEL INT. - Short above 289, SL 294. expect at least 272 & then lower also, after a break of 265.
RIIL - Buy below 610, SL 600, Tgts 620 & 635-638 also.
Thomas Cook - Opens lower, Buy below 51, SL 50, reduce close to 54.
OPENS higher, Short Abv. 54, SL 55. Tgts 53 & 50.45.
I HOPE U PEOPLE ARE ENJOYING, the moves mentioned.
DO u people face losses in stock trading, Tune into the blog, on weekend, i wud suggest some measures, to prevent u from making losses.
TIll then, enjoy this BHAJAN, of SAI NATH, since, its SAI VAAR today.
BABA’s Blessings
HAPPY SAILING
OM SAI RAM
P.S. - For comments section, a new GADGET has been introduced. IF visitor finds it difficult to post the comments, kindly mention to stocksngains@gmail.com.
17 th FEB.
HELLO FRIENDS
I AM IN HURRY, wanted to post the reco;s in details, but got lesser time. SORRY
DISHMAN - ON VOLUME CONFIRMATION, BUY, sl below 100.
GNFC - IF 106 stays protected, 113 on the cards. keep eye on volumes.
ACKRUTI - RISKY, go short, SL 238.
UTTAM STEEL - SAR @ 127.
JAI CORP - SHORT heavily, close to 172, tgts 165 & 153. SL 177.DONT SHORT, if first breaks 165 & then rises to trade above 172.
PTC - a move above 94 with a NSE volume above 4-5 lacs, till 12.30 in the noon, is supporting a move towards 97-98, today or tomorrow. SL 92.
GTOFFSHORE - ABV. 292, hints towards a move to 298-300, in 1 week time.
WELCORP - crossing todays high of 188, supports a move towards 198-199 in 1 week, SL 180 & buy on dips.
TATA STEEL - a GOOD SAR developing 652 for downmove to 624 OR 679.
SUZLON - ONLY THOSE Traders, quick in booking profits, PLAY SUZLON , abv 49.4 for 51.
HAPPY SAILING
OM SAI RAM
I AM IN HURRY, wanted to post the reco;s in details, but got lesser time. SORRY
DISHMAN - ON VOLUME CONFIRMATION, BUY, sl below 100.
GNFC - IF 106 stays protected, 113 on the cards. keep eye on volumes.
ACKRUTI - RISKY, go short, SL 238.
UTTAM STEEL - SAR @ 127.
JAI CORP - SHORT heavily, close to 172, tgts 165 & 153. SL 177.DONT SHORT, if first breaks 165 & then rises to trade above 172.
PTC - a move above 94 with a NSE volume above 4-5 lacs, till 12.30 in the noon, is supporting a move towards 97-98, today or tomorrow. SL 92.
GTOFFSHORE - ABV. 292, hints towards a move to 298-300, in 1 week time.
WELCORP - crossing todays high of 188, supports a move towards 198-199 in 1 week, SL 180 & buy on dips.
TATA STEEL - a GOOD SAR developing 652 for downmove to 624 OR 679.
SUZLON - ONLY THOSE Traders, quick in booking profits, PLAY SUZLON , abv 49.4 for 51.
HAPPY SAILING
OM SAI RAM
Wednesday, February 16, 2011
Trades for 16 the february
Hello friends
My reco's after a long long gap were failures. Which lead me to work hard for the following reco's. Please trade as mentioned and with cautions, as nobody is 100 % sure in stock market & i do not take any responsibility for the losses, if incur due to following of the given recommendations.
POSITIONAL TRADES
BRFL
Short on rise to 253-254 & above, if OPEN is not equal to HIGH, else short at open itself, if O=H. Keep 258 as ur SL. Tgts, not lower than 245.5-247. HIGHLY RISKY, as it has an unfilled gap @ 244. A CONTRARION BUY CAN ALSO BE GENERATED, as desired level with 243 as SL. Tgts 256-259 & higher.
FORTIS HEALTH
SAR @ 155, Below 155 short it for tgts not lower than 144. Tgts may also be extended to 130-128, provided that it doesnt cross 157. Buy above 155 for tgts like 165 & higher.
Andhra Bank
Very lil SL, very high gains. Short above 150, SL 153. Tgts 137 & lower.
Wel corp
Shud not fall below 174, tgts 202-209.
Financial tech.
Accumulate between 781-784, tgts 870-900. SL 774. Playing only for 12-15 % gains. Else, stock is in deep downtrend to head 650 or lower.
MOTILAL - SAR @ 128, Tgts 140-165, OR 109-101.
INTRADAY TRADES :
GMR INFRA
SHORT RECO. But, dont short if opens gap up. ELSE short close to 41.5, with SL above 43. Tgts 36-34 & lower. ITS AN EXCELLENT BUY, for long term, if comes to 33-35.
Bank of Baroda
Short as close as possible to 915 with SL above 925, tgts 892-884, but if it breaks 878, then expect 862-858.
DCHL
Buy as close as possible to 75.5-75.7 with SL below 75. Tgts not higher than 79-80. REMEMBER, only playing this for 4 rs. gain, else its supposed to head lower towards 71 in coming days.
Patel Eng.
Short above 182-181, SL above 185, tgts 174-170.
HAPPY SAILING
OM SAI RAM.
My reco's after a long long gap were failures. Which lead me to work hard for the following reco's. Please trade as mentioned and with cautions, as nobody is 100 % sure in stock market & i do not take any responsibility for the losses, if incur due to following of the given recommendations.
POSITIONAL TRADES
BRFL
Short on rise to 253-254 & above, if OPEN is not equal to HIGH, else short at open itself, if O=H. Keep 258 as ur SL. Tgts, not lower than 245.5-247. HIGHLY RISKY, as it has an unfilled gap @ 244. A CONTRARION BUY CAN ALSO BE GENERATED, as desired level with 243 as SL. Tgts 256-259 & higher.
FORTIS HEALTH
SAR @ 155, Below 155 short it for tgts not lower than 144. Tgts may also be extended to 130-128, provided that it doesnt cross 157. Buy above 155 for tgts like 165 & higher.
Andhra Bank
Very lil SL, very high gains. Short above 150, SL 153. Tgts 137 & lower.
Wel corp
Shud not fall below 174, tgts 202-209.
Financial tech.
Accumulate between 781-784, tgts 870-900. SL 774. Playing only for 12-15 % gains. Else, stock is in deep downtrend to head 650 or lower.
MOTILAL - SAR @ 128, Tgts 140-165, OR 109-101.
INTRADAY TRADES :
GMR INFRA
SHORT RECO. But, dont short if opens gap up. ELSE short close to 41.5, with SL above 43. Tgts 36-34 & lower. ITS AN EXCELLENT BUY, for long term, if comes to 33-35.
Bank of Baroda
Short as close as possible to 915 with SL above 925, tgts 892-884, but if it breaks 878, then expect 862-858.
DCHL
Buy as close as possible to 75.5-75.7 with SL below 75. Tgts not higher than 79-80. REMEMBER, only playing this for 4 rs. gain, else its supposed to head lower towards 71 in coming days.
Patel Eng.
Short above 182-181, SL above 185, tgts 174-170.
HAPPY SAILING
OM SAI RAM.
Wednesday, February 9, 2011
BUY CALLS !
Hello friends !
BEML - Buy 620 or lower, with a SL below 600.
We must remember that the stock is in deep downtrend & may head downside to 450 OR lower.
ALthough, this buying is done only for a tgt of 670 & above. that makes a very good risk reward ratio of 22:55.
LAKSHMI OVERSEAS ( BSE CODE 519570 ) - Stock is also in a deep downtrend. However, we are just buying it for a bounce upto 47 & higher, with a SL below 42. Making it a risk reward ratio of 80 paisa to 5rs.
However, this particular stock is highly overdone & can be considered to be kept for positional bet, with SL of 5200 on nifty with a tgts of 53 & higher.
ALthough, u may think to trail ur SL higher, after the given tgts are achieved for a 3-5 % higher tgts, only if u r not satisfied with the projected profits.
ALTHOUGH, one may easily skip to trade, above 2 recommendations, if not comfortable, as markets, if fall a lil more from here, are preparing for numerous such trades for the next 2 days.
As & when i get time, i wud be posting such stocks with handsome risk reward ratio.
WAIT FOR MY NEXT POST, may be on SAI VAAR along with SAI BHAJAN. Under this & upcoming other posts, i wud be covering more than 70 stocks with trends prevailing in them & also levels, which i think wud be appropriate to enter them along with the projected tgts.
TILL THEN
HAPPY SAILING
OM SAI RAM.
BEML - Buy 620 or lower, with a SL below 600.
We must remember that the stock is in deep downtrend & may head downside to 450 OR lower.
ALthough, this buying is done only for a tgt of 670 & above. that makes a very good risk reward ratio of 22:55.
LAKSHMI OVERSEAS ( BSE CODE 519570 ) - Stock is also in a deep downtrend. However, we are just buying it for a bounce upto 47 & higher, with a SL below 42. Making it a risk reward ratio of 80 paisa to 5rs.
However, this particular stock is highly overdone & can be considered to be kept for positional bet, with SL of 5200 on nifty with a tgts of 53 & higher.
ALthough, u may think to trail ur SL higher, after the given tgts are achieved for a 3-5 % higher tgts, only if u r not satisfied with the projected profits.
ALTHOUGH, one may easily skip to trade, above 2 recommendations, if not comfortable, as markets, if fall a lil more from here, are preparing for numerous such trades for the next 2 days.
As & when i get time, i wud be posting such stocks with handsome risk reward ratio.
WAIT FOR MY NEXT POST, may be on SAI VAAR along with SAI BHAJAN. Under this & upcoming other posts, i wud be covering more than 70 stocks with trends prevailing in them & also levels, which i think wud be appropriate to enter them along with the projected tgts.
TILL THEN
HAPPY SAILING
OM SAI RAM.
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