Positional/intraday Trading Tips

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SO DESPITE WE NEVER WROTE YESTERDAY,OUR POSITIONAL TIPS WERE GREAT,TATAMOTORS ABOVE 731 LEVEL HAS REACHED 765 LEVELS JUST IN 2-3 DAYS.BAJAJHIND ACHIEVED ITS FIRST TARGET OF 168 AND OUR TIP WAS CLEAR TO ALL TO BUY AIRDECCAN AT 139 WITH A STOPLOSS OF 136 AND SEE MAGIC.Airdeccan touched 149.8 as high of the day.Tcs below 1221 has achieved 1208 target and now looks will reach 1185 levels as said at 1255 level to short Tcs for 1185 as target and Infosys now at 1920,saying every now and then to short infosys.







Tips for Friday,1 June,2007




NIFTY(spot):If nifty trades above 4308,the target is 4318 ,4325 and 4332.At higher levels go short with bigger stoploss of 4348.

If trades below 4268,the target is 4245 and below this if trades,we have a confirmation of trend reversal,so sell all midcaps also and book profits wherever possible and short on our all tips including nifty.



RCOM: If rcom trades above 517,then only buy otherwise short it with a stoploss of 518-521 at higher levels or short it if trades below 503 for a target of 491 and 483.



RELCAPITAL:The support is at 943,927 and 911,panic buy or buy only above 982 if trades and see magic then.



Buy this at these support levels with a strict stoploss of 881.the target is 1037 and 1073.



TATAMOTORS: If trades above 762,the target is 774,780 and 790.On dips buy for intraday near 748-750 with a strict stoploss of 743.Only trend will reverse if trades below 739 and this stock will crack heavily if trades below 739 now.



BHARTI: If trades below 844,the target is 835 and 824,at higher levels watch resistance at 862 and 868.



INFOSYS: If trades below 1917,short it for a target of 1895 and below.Buy above 1974 ,yes I mean 1974 only for a target of 1988 and 2005.



IFCI: 49.4 AND 46,THATS IT

ONE SIDED MOVE,TRADING/CLOSING ON ONE SIDE OF THESE TWO LEVELS,THEN ONLY FORM POSITION AND SEE A BIG 10-15% MOVE ON ONE SIDE.



ONGC: RESISTANCE AT 932 AND 939.BUY ONLY ABOVE 939 IF TRADES ABOVE THIS LEVEL.

Short if trades below 912 for a target of 903 and 892.



TCS: If trades below 1198,the target is 1185 and do remember 1185 is our target given at 1255 level as positional shorting trade.



SATYAM: Short at higher levels with a stoploss of 481 or short if trades below 462 and see magic again ,last time you saw magic move in long position now this time in shorts.



SBI:Short only if trades below 1328 and buy only above 1372 if trades above this.



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.



Our first target hits and now short it only if trades below 166 for target of 157. Buy only if trades above 176 for a target of 179 and 181.



AIR DECCAN:Sell all deliveries and long positions today,if opens up with a gap and targets and exit points are 154 and 162,



If you get airdeccan at 164-168,short it with a stoploss of 173 also.

If trades below 144,short it then also.

IF trades in between 152-160,just sell all longs and dont trade this counter at all.
 
please note
i have just ruined my health atleast for today,so havent slept at all whole night due to work and......

actually in last 5 days,hardly have i had a sleep,if i am not able to reply,ask some senior member to help you and read tips clearly and be strict with stoploss and targets.


if i am not in graveyard today,i will be back on monday.
 

Linus

Active Member
please note
i have just ruined my health atleast for today,so havent slept at all whole night due to work and......

actually in last 5 days,hardly have i had a sleep,if i am not able to reply,ask some senior member to help you and read tips clearly and be strict with stoploss and targets.


if i am not in graveyard today,i will be back on monday.

Take care! If you fall sick by giving tips, what would happen if you trade!

Anyway, sleep tight!

ss :)
 
R

ratan jain

Guest
:)

Sunil ....well said :)

Hey Hitesh! dont take this wrong, but trading analysis should be easy on your self and on your health!

If this is how you analyse, God help you, u sure will need it :)
 
thanks sir,but was reading balance sheets on airdeccan and some personal prob streched it,then some other probs this week,now cant leave analysis watsoever,anyhow,still ,i think i will take rest after 3.30 only.

thanks all for concern and wishes.
 
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