Very simple Rule for intraday trades

If you trade  intraday levels given here, and you notice that within first couple of minutes, first or both targets are achieved, ( either side, long or short ) then it will be a wise thing not to take chance and enter the trade in that stock for that particular day.

Interesting stocks with important levels - Intraday

These are some good stocks to trade. All stocks are of Cash Market.

Happy trading... !

Short term investment

JAICORPLTD

The CMP is 62 Rs. This is a stock with a strong trend and has an ability to reach higher levels in a few weeks. Any dip should be bought into. We can very well set the targets of 85 Rs. and 115 Rs. While setting these

Trading ideas for 29th November, 2013

Nifty

Nifty December, closed at 6148.80, which is again a good close for short term. A strong support is lying in the zone of 6060 to 6020. By keeping the Stop Loss of these levels one can go & buy Nifty for the targets of 6240 and above. Stop Loss is must as one MUST not forget that we are trading on the higher band of a broad trading range. Be cautious and keep a bias towards long trades, unless it closes below above mentioned Stop Loss.

 Safe trading. Happy trading

Stocks trades

Apollotyre

It has broken a range and a very long consolidation going on since last 4 / 5 months. It seems it will not

Stocks trade

PTC

PTC is in a strong uptrend. But it has rallied significantly. One can go and buy this stock around 60 and of

Stocks trades

 These prices are as per November expiry. Please adjust the December prices accordingly.

Yes Bank

CMP is 363.80. Long trade will be justified only above 369. Expected targets are 375, 389 & 395. Stop Loss

Interesting stocks with important levels - Intraday

These stocks were closed with good volumes yesterday. Below are levels to watch for intraday.

Trading ideas for 28th November, 2013

Hello & welcome !

After a range bound day, again Nifty close, does not provide any directional indication. Might be due to expiry. The view is still the same. Range is not broken. ( 5970 & 6240 ). Any positional trade is difficult.

Stock(s) trade, 28th November, 2013

Bhartiartl, after a recent top of 376, it has come down almost 54 rupees. Even at this stage, it is looking

Stock(s) trade, 28th November, 2013

Wipro, after almost a month's consolidation, it has started to show the weakness and moving towards the lower levels. CMP is 470.90. A perfect short selling candidate below 468. Targets can be set at 453 & 437.

Stock(s) trade, 28th November, 2013

After seven days of consolidation, Tatachem has come down decisively, cmp is 272.60. The prominent fall confirms a very short term down trend. Although expiry is a big factor for increase in volatility, one can open

UCO Bank, a nice opportunity for short sell !

UCO Bank, closed at 72.60. One can open a short position on the breach of 72.25 level. close below

Trading ideas for 27th November, 2013

Hello !

As mentioned, Nifty is trading in the range and closing either on minor resistance or on minor support. Today's close ( 6071.95 ) is at a minor support of 6070. An hourly chart clearly suggest that break of 6065 might drag Nifty another 40 / 50 points down, around 6020 / 6010 kind of levels. Nifty might find a good support in that region. putting so many levels is not a rational thing so in case of further down move, updates will be given via posts during the market hours.

Nifty hourly chart                                                          Nifty daily chart

Nifty Hourly

Nifty daily

Intraday / very short term possibilities :

Wipro & Tcs are looking weak. One can think of going short in these stocks. Stop Loss for Tcs is 2005 & for Wipro is 478. TCS cmp - 1996 & WIPRO cmp - 475

WIPRO

TCS

Needless to say... trade with Stop Loss

Wish you all the luck

Trading ideas for 26th November, 2013

Hello !

As mentioned earlier, Nifty was closed on support, on Friday and bounce was expected. The bounce came. But still the Nifty is closed in a range, mentioned in earlier post. ( 5970 - 6240 ). It might be just a  correction of a short term downtrend. On Friday, Nifty closed on a support and today it closed at minor resistance, which is around 6150. But any major move is expected only if it closes above / below the range mentioned earlier.

Apart from Nifty and overall market conditions, stocks are playing their roles according to individual and sectoral stories. For eg. Banks. Bank of Baroda, Oriental Bank, Pnb & SBI of course, done very well. According to the move, we have seen today, it has got some steam left for further upside.

As Nifty again at a minor resistance and upper range is not broken, we have to take long positions with utmost care & caution. We can very well take long positions in Bank of Baroda & Oriental Bank, with a very strict Stop Loss of the Low Of Today ( 613 & 179 respectively ).

Bank of Baroda

Orient Bank

In Bank Of Baroda & Oriental Bank, there are clearly visible higher bottom and in RSI, there are clear double bottom. So fair chances are there that these both stocks do well.

Trading long at this juncture, requires a strict stop loss and utmost caution.

Trade with levels. And please do not forget to keep a stop loss. Stop loss kept once, must not be changed at any cost. Please remember, that Stop Loss is a life saving tool.

Happy trading, safe trading.

Trading ideas for the week - 25th Nov, 2013

Hello and welcome!

We have Nifty close at 6015.25. A fairly weak close. As we are closed on a very strong support zone, might witness a bounce in Nifty on Monday, 25, Nov. It might prove only a dead cat bounce. 6240 is a very strong resistance and 5970 / 5980 is a decent support. break and close below 5970 will drag Nifty further down towards 5850 / 5800 kind of levels.

Close above 6240 will ensure the higher levels and even a new all time high. Eventually it will go to higher levels but it has to cross and sustain above 6240 consistently.

At this point in time, looking at the present condition of Nifty, bears have an upper hand. And I feel that some opportunities are still there, for the down side play. Here are some of them. please remember, these are purely positional calls and Not Intraday. Please avoid these stocks if you are not able to carry forward as it might not give you enough return on intraday basis.

One can Sell DISHTV for the down targets of 48 & 46.25. The strict Stop Loss must be kept at 53.25 on closing basis.

 

 

One can Sell TATAMOTORS for the down targets of 360 & 340. The strict Stop Loss must be kept at 385 on closing basis.

 

 

 

 

Some other stocks are also there which are showing prominent weakness but I guess these are the best. Let us see what happens in couple of days in coming week, which might decide the trend for the rest of the week.

Wish you all the luck