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, 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.

3 comments:

Shyam said...

Sir,
Please give your views on
Jyoti Structures
I have purchased few on 97.00
S/L and target + waiting period.

Regards
Shyam

naveen said...

Dear Rochak,

Do you follow Sesagoa & Sintex ?

Sesa seems good candidate for shorting near 321 levels and sintex around cmp.

Your views?

Naveen

rochak parekh said...

NAVEEN

thanks for tracking the blog

Sesa, not really at the level mentioned by u, but a lil above, b coz our sl is placed above 347, & i am actually not sure, that whether its a probable shorting candidate or not.

YEAH BUT< a lil risky bet can be taken, trying to short it above 330 with mentioned sl. Book some close to 289 & then keep carrying, with TSL.

SINTEX

ALSO, pardon me to disagree with u as per as sintex is concerned.

ALTHOUGH, if desired, u can take a small short, today or tomorrow, around 164, with SL above 170 ( RISKY ), for tgts 152 & lower. KNOCK me next week for above stocks, on monday EOD.

DEAR SHYAM

how r u doing, thanks for everything.

JYOTI STRUCTURES

GOOD TRADE, VERY RISKy, i wud advise u to please put a STOP LOSS below 92 for the time being. & u shud rest assure for tgts like 107 & higher also, but lower than 112, if it trades abv 100 this week itslf. IT has an unfilled gap between 93 & 92. It shud not get filled for bullishness to be continued. WISH, u wud have taken this trade, the day, it closed above 92. ODDS WUD HAVE BEEN IN UR FAVOUR.

HAPPY SAILING

OM SAI RAM