Although I am a newbie and nothing infront of Hitest.. but yes I also fully endorse Dev's opinion.. I also dont think the markets would fall as the immediate bottom has been touched again and the markets have bounced from the support zone at 4140-4170... Asia was down on Friday and we were up.. US also rebounded on Friday... anyhow the final decider to this dilema would be Asian Markets.. let's see how they open.
Positional/intraday Trading Tips
- Thread starter hitesh sabharwal
- Start date
- Status
dev and vjuneja,i may or may not go wrong but what i see is what i wrote,besides if everything has to be decided by asian markets then on friday we should have fallen,so none of us need an analysis,get up in the morning ,see asia and do the trade.
asia is still in range,if they have major breakouts on either side,i can understand that we may follow major rallies and major corrections but one day nikkei is up 200 and next 200 down,all of us can see they are in trading zone and not trending yet.
i hope me not sounding rude,if i do,i am so sorry.
asia is still in range,if they have major breakouts on either side,i can understand that we may follow major rallies and major corrections but one day nikkei is up 200 and next 200 down,all of us can see they are in trading zone and not trending yet.
i hope me not sounding rude,if i do,i am so sorry.
Tips for Monday, 28-May-2007
NIFTY(spot):If nifty trades below 4229,short it for a target of 4208 and if trades below 4208,the target is 4156.The major support is at 4152 and 4131.On higher level ,buy nifty only if it trades above 4270,for a target of 4283 and 4297.
RCOM: If rcom trades above 504,the target is 510 and 513.if trades below 503,the target is 497 and if trades below 497,the target is 484 and 477.
RELCAPITAL:The support is at 962,923 and 911,panic buy.
Buy this at these support levels with a strict stoploss of 881.the target is 1037.
TATAMOTORS :.731 and 722 is the trend decider for today,
If trades above 731 ,the target is 739 and 747,If trades below 722,the target is 701.
BHARTI: AS told on Friday to cover shorts once at 819-822 and short in the range of 832-837 with a stoploss of 845 above trading,we are still short after booking huge profits near 820 levels.
Now today on Monday,if trades below 834,the target is 822 and 816.
INFOSYS:1995 and 2006 are resistances,buy above 2006 only.
If trades below 1959,short it for a target of 1936 and 1908.
IFCI: So,from 49.7 levels we said to short ifci when everyone said to buy this and it has achieved our major target of 45.5.Now,I will say,accumulate at all major dips,dont short this stock and pray if it falls more,you accumulate more on every dip.The major support for delivery traders is at 43.5 levels and small support is at 44.6 level.
For Monday,on intraday basis,if doesnt trade below 46,buy with 46 as stoploss for a target of 47.3 and 48.2.
ONGC:[fridays tip]
NOW ON FRIDAY:the major supports are at 888 and 878,cover shorts once and only short again if trades below 875.
The low is 888 and it never traded below 875,so no point to trade further.Is this accuracy???
Today on Monday,buy only if trades above 915,if trades below 900,short it for a target of 889 and 881.
TCS:[yesterdays tip]
NOW FOR FRIDAY:The major support is at 1209 and 1206,if trades below 1206 then 1185 levels will come as writing from 1245 to short tcs with targets of 1185.
IT TURNED FROM A LOW OF 1208.
Now on Monday,Buy above 1246 only and short below 1220 only.good move will happen on either side,just trade according to both these levels.
SATYAM: [yesterdays tip]
NOW ON FRIDAY:AGAIN SAYING,ON A GAP DOWN BUY WITH A STOPLOSS OF 444 AND ENJOY INTRADAY GAINS.BUT THE DAY IT TRADES/CLOSES BELOW 444,SHORT IT HUGE CRACK WILL COME AND YOU WILL SEE 432 AND 425.
TELLING YOU ALL FROM THREE DAYS,YOU WILL SEE A MAGIC,DID YOU SEE THE MOVE FROM THE LOW OF 445 TO 473 ON INTRADAY BASIS.SEE THE LOW AND TELL ME WHATS THE MEANING OF ACCURACY???
Now on Monday:Buy only above 479 for a target of 486.If trades below 469,the target is 461.
SBI:[Yesterdays tip]
NOW FOR FRIDAY:THE SUPPORT LIES AT 1270 AND 1240.IF OPENS DOWN,BUY WITH A STOPLOSS OF 1240 AND ENJOY INTRADAY GOOD BOUNCEBACK TILL 1275 AND 1290 LEVELS.
Forget everything and see the low is exact 1240 dot and it touched 1290 and even 1304 on intraday,so buying tip was a great success.
Now on Monday:If trades below 1309,the target is 1282 and 1277.if trades below 1275 also,then the target is 1242.
Buy only if trades above 1316 for a target of 1336.
TAKE NOTE:
BAJAJHIND:We are short from 181 levels and still short and below 173,the target is 169 and 163.the stoploss is at 181 and 184 is major stoploss for positional traders.
AIR DECCAN:Just look at our track record in last 8 days in this stock.
This stock has made us earn a lot immediately in 8 days.we gave buy recommendation at 120 for a target of 145 and on WEDNESDAY gave a shorting recommendation below 138 with a target of 125.
[earned 35% total in this stock in 5 days in futures market,lot size is 1700.]
NOW ON FRIDAY:IT SHOULD ONLY BE BOUGHT ON A GAP DOWN WITH A STOPLOSS OF 128 FOR A TARGET OF 144.
IF TRADES ABOVE 145.5 THEN BUY DELIVERY BASED OR FUTURES HOLDING POSITIONAL TRADING FOR A TARGET OF 155 AND 161.
The low of Friday is 129.1 and high is 144.5.
AIRDECCAN ON MONDAY:
NOW ON MONDAY:If trades below 134.5,the target is 131,if trades below 131 also,the target is 126 and 121.Buy only above 146,now for a target of 155 and 161.
RPL:Short it with a stoploss of 101 for a target of 95.5 and 92.7.
NIFTY(spot):If nifty trades below 4229,short it for a target of 4208 and if trades below 4208,the target is 4156.The major support is at 4152 and 4131.On higher level ,buy nifty only if it trades above 4270,for a target of 4283 and 4297.
RCOM: If rcom trades above 504,the target is 510 and 513.if trades below 503,the target is 497 and if trades below 497,the target is 484 and 477.
RELCAPITAL:The support is at 962,923 and 911,panic buy.
Buy this at these support levels with a strict stoploss of 881.the target is 1037.
TATAMOTORS :.731 and 722 is the trend decider for today,
If trades above 731 ,the target is 739 and 747,If trades below 722,the target is 701.
BHARTI: AS told on Friday to cover shorts once at 819-822 and short in the range of 832-837 with a stoploss of 845 above trading,we are still short after booking huge profits near 820 levels.
Now today on Monday,if trades below 834,the target is 822 and 816.
INFOSYS:1995 and 2006 are resistances,buy above 2006 only.
If trades below 1959,short it for a target of 1936 and 1908.
IFCI: So,from 49.7 levels we said to short ifci when everyone said to buy this and it has achieved our major target of 45.5.Now,I will say,accumulate at all major dips,dont short this stock and pray if it falls more,you accumulate more on every dip.The major support for delivery traders is at 43.5 levels and small support is at 44.6 level.
For Monday,on intraday basis,if doesnt trade below 46,buy with 46 as stoploss for a target of 47.3 and 48.2.
ONGC:[fridays tip]
NOW ON FRIDAY:the major supports are at 888 and 878,cover shorts once and only short again if trades below 875.
The low is 888 and it never traded below 875,so no point to trade further.Is this accuracy???
Today on Monday,buy only if trades above 915,if trades below 900,short it for a target of 889 and 881.
TCS:[yesterdays tip]
NOW FOR FRIDAY:The major support is at 1209 and 1206,if trades below 1206 then 1185 levels will come as writing from 1245 to short tcs with targets of 1185.
IT TURNED FROM A LOW OF 1208.
Now on Monday,Buy above 1246 only and short below 1220 only.good move will happen on either side,just trade according to both these levels.
SATYAM: [yesterdays tip]
NOW ON FRIDAY:AGAIN SAYING,ON A GAP DOWN BUY WITH A STOPLOSS OF 444 AND ENJOY INTRADAY GAINS.BUT THE DAY IT TRADES/CLOSES BELOW 444,SHORT IT HUGE CRACK WILL COME AND YOU WILL SEE 432 AND 425.
TELLING YOU ALL FROM THREE DAYS,YOU WILL SEE A MAGIC,DID YOU SEE THE MOVE FROM THE LOW OF 445 TO 473 ON INTRADAY BASIS.SEE THE LOW AND TELL ME WHATS THE MEANING OF ACCURACY???
Now on Monday:Buy only above 479 for a target of 486.If trades below 469,the target is 461.
SBI:[Yesterdays tip]
NOW FOR FRIDAY:THE SUPPORT LIES AT 1270 AND 1240.IF OPENS DOWN,BUY WITH A STOPLOSS OF 1240 AND ENJOY INTRADAY GOOD BOUNCEBACK TILL 1275 AND 1290 LEVELS.
Forget everything and see the low is exact 1240 dot and it touched 1290 and even 1304 on intraday,so buying tip was a great success.
Now on Monday:If trades below 1309,the target is 1282 and 1277.if trades below 1275 also,then the target is 1242.
Buy only if trades above 1316 for a target of 1336.
TAKE NOTE:
BAJAJHIND:We are short from 181 levels and still short and below 173,the target is 169 and 163.the stoploss is at 181 and 184 is major stoploss for positional traders.
AIR DECCAN:Just look at our track record in last 8 days in this stock.
This stock has made us earn a lot immediately in 8 days.we gave buy recommendation at 120 for a target of 145 and on WEDNESDAY gave a shorting recommendation below 138 with a target of 125.
[earned 35% total in this stock in 5 days in futures market,lot size is 1700.]
NOW ON FRIDAY:IT SHOULD ONLY BE BOUGHT ON A GAP DOWN WITH A STOPLOSS OF 128 FOR A TARGET OF 144.
IF TRADES ABOVE 145.5 THEN BUY DELIVERY BASED OR FUTURES HOLDING POSITIONAL TRADING FOR A TARGET OF 155 AND 161.
The low of Friday is 129.1 and high is 144.5.
AIRDECCAN ON MONDAY:
NOW ON MONDAY:If trades below 134.5,the target is 131,if trades below 131 also,the target is 126 and 121.Buy only above 146,now for a target of 155 and 161.
RPL:Short it with a stoploss of 101 for a target of 95.5 and 92.7.
dear HS
can u give idea for financial technology,,,this is also f & o item added few days ago only cmp=
http://www.bseindia.com/price_finder/price_vol.asp?scripcd=526881&scripname=FINANC%20TECHN
FINANC TECHN O=2,220.00 H=2,309.80 L=2,200.00 LTP=2,250.90
for all border want to see more views on FT can go to
http://www.moneycontrol.com/india/messageboard/view_topic_msgs_latest.php?f_topicid=92070
regards
jain kirit
can u give idea for financial technology,,,this is also f & o item added few days ago only cmp=
http://www.bseindia.com/price_finder/price_vol.asp?scripcd=526881&scripname=FINANC%20TECHN
FINANC TECHN O=2,220.00 H=2,309.80 L=2,200.00 LTP=2,250.90
for all border want to see more views on FT can go to
http://www.moneycontrol.com/india/messageboard/view_topic_msgs_latest.php?f_topicid=92070
regards
jain kirit
No Hitesh Buddy u ain't rude at all... ;-)
You said what you feel.. same ways we said what we felt... I respect that man.
P.S. And when I said about the asian markets thing I did not mean that we follow them blindly... I wanted to say that there is no where we are getting a -ve news from even Asia is up... Now does that sound a lil' balanced.
)
All the Best man.. keep up the good work rolling..
You said what you feel.. same ways we said what we felt... I respect that man.
P.S. And when I said about the asian markets thing I did not mean that we follow them blindly... I wanted to say that there is no where we are getting a -ve news from even Asia is up... Now does that sound a lil' balanced.
)All the Best man.. keep up the good work rolling..
- Status
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