Positional/intraday Trading Tips

[amitabha chatterjee]

Thanks For The Shameless Marketing

 

[hitesh sabharwal]

short sbi below 1353,target 1328 and 1315 ,asked to short at higher levels also in tips,short rcom also below 514,target 505,493.

 

[hitesh sabharwal]

nifty target hits and so all stocks are much down from our shorting levels.enjoy and carry rcom,nifty,bharti,sbi,acc,infosys shorts.

 

[sampumu]

Hiteshji,
U r study is realy gr8,I salute ur acuuracy,in such volatile mkt.
Gr8,keep it up.
Thanks.
Samir pune

 

[sunny.joelin]

YOU REMIND ME OF MY EARLY DAYS,,ANYHOW,IF PUNJLLOYD TRADES ABOVE 246 IN CASH,IT MAY SPURT MORE,THOUGH ITS QUITE OVERBOUGHT,BUT KEEP UR EYES CLEAN,IF MARKETS ARE WITNESSING SHORT COVERING OR SHOWING STRENGTH AND PUNJLLOYD IS ABOVE 246.YOUR BETTER OF GETTING OUT ONCE.

Hi Hitesh
Thanks for the reply.Your calls are also wonderful.Keep going.Thanks.
Sunny

 

[kashh]

Hello hitesh,

Today's calls really wonderfull. keep going.

kashh

 

[hitesh sabharwal]

Tips for Tuesday,12 June,2007




SRF: THE MAJOR SUPPORT IS AT 164 AND 162 and 155.BUY AT DIPS OR BUY IF TRADES ABOVE 172 AND SEE 177 AND 190 ABOVE IN COMING SESSIONS.



ASIAN PAINTS:BUY IF TRADES ABOVE 867 WITH A STOPLOSS OF 834 FOR A TARGET OF 895 AND 925 IN COMING DAYS.Accumulate at dips also.



LAXMI MACHINE WORKS:BUY WITH A STOPLOSS OF 2645 FOR A TARGET OF 2801 AND IF TRADES ABOVE 2807,REMAIN LONG TARGET 2900 AND MORE TO COME IN FEW DAYS.

DELIVERY AND POSITIONAL TRADERS ,KEEP BUYING AND ACCUMULATING AT ALL DIPS.



NOTE:



NIFTY(spot):If nifty trades above 4182,the target is 4207 and 4228,The key resistance lies at 4238,if doesnt close above 4238,short it today in the end.



If trades below 4117,keep shorts wide open and short with heavy volumes.the day 4117 breaks and market trades/closes below this level,short with heavy volumes and see a big crack in nifty.





RCOM: SO,DID YOU NOTICED,HOW IT FELL BELOW 521 YESTERDAY AND HIT 503.



TODAY:If trades below 506,the target is 493 and below this the target is 484.if trades above 515,the target is 521.If in the end not trading/closing above 510,short it again in the end.



RELCAPITAL: The supports are 942,937 and 923,buy on dips for good bounceback from support levels.Keep accumulating at dips.



TATAMOTORSID YOU NOTICE HOW EXACTLY IT TURNED AND FELL 30RS FROM 675 LEVEL,WRITTEN FOR SHORTING.



TODAY: If trades below 654,then only short for a target of 636,otherwise if trades above 656, keep 642 as stoploss and buy tatamotors for a target of 669 and 684.



BHARTI: The major support is at 809.If at any point of day,it trades below 809,go short and enjoy.The targets are 792 and 785 soon.A closing below 809 will lead to a crack in bharti.Stoploss at 817.



INFOSYS: Buy only if trades above 1998 for a target of 2015 and .

Short it if trades below 1973 for a target of 1951 and 1933.



ONGC:SO YESTERDAY BELOW 859,IT TOUCHED 845,OUR TARGET WAS 846.



TODAY: If trades below 853,then only short for a target of 846 and 835 and 822.Otherwise above 864 if trades will go upto 874 and 881.



SATYAM: If trades below 493,short it,the target is 481 and 475.



SBI:SO STATEBANK FELL FROM 1379 YESTERDAY,CLEARLY WROTE TO SHORT AT HIGHER LEVELS AND ALSO SHORT IF TRADES BELOW 1353.



STATEBANK TODAY: If trades below 1335,the target is 1315 and 1305.Yesterday shorts that are carrying keep stoploss of 1354 now.



REVIEW OF POSITIONAL TRADES OF LAST 11 DAYS[FROM LAST FRIDAY i.e 1st June/New fno month]



TATAMOTORS: Asked to short the day it breaks 739,it will crack.In 1 week,it cracked 95 rs,last Fridays low is 646.



BAJAJHIND:ASKING FROM NEARLY 15 DAYS TO SHORT FROM 181 LEVELS,IT TOUCHED 157 LEVEL OF OUR TARGET LIKE DOT.



TCS:GAVE AN OPEN TIP TO SHORT AT 1255 LEVELS ,15-20 DAYS BACK AND SAID CLEARLY 1185 LEVELS WILL COME.IT TOUCHED 1175 TWICE IN LAST 3 SESSIONS.



ONGC: GAVE 903 LEVEL CLEARLY AND SAID ,IT WILL CRACK AND DAILY UPDATED TO GO SHORT.IT TOUCHED 826 ON THURSDAY.



SATYAM: MANY TIMES WRITTEN,THE DAY IT CROSSES 478,BUY AND IT WILL FLY.THURSDAY IT CLOSED ABOVE 478 AND FRIDAY IT TOUCHED 507.



AIRDECCAN:THE DAY DEAL WITH VIJAY MALLAYA HAPPENED,CLEARLY WROTE TO SELL ALL DELIVERIES AND SHORT BELOW 147,IT TOUCHED OUR TARGET OF 132 YESTERDAY.



AND LAST BUT NOT THE LEAST


NIFTY:CLEARLY TOLD LAST FRIDAY ON 1ST JUNE, TO SHORT WITH STOPLOSS OF 4348 AND MAJOR RESISTANCE IS AT 4325,IT TURNED EXACTLY FROM 4325 AND FROM LAST 2 DAYS 4130 OF OUR SUPPORT NOT BREAKING.

NEARLY 200 POINTS EARNED IN NIFTY.

 

[ravi1967]

Hats off Hitesh

 

[hitesh sabharwal]

short bharti below 809,target 792 and 785,carry rcom shorts below 504,target 493 and 486.fresh short nifty only if it trades below 4117.

 

[hitesh sabharwal]

short ongc below 853,target 835 and 822,short infosys stoploss 2002,target 1951,1933.book profits in satyam shorts and short again below 474,target 462.