Friday, November 20, 2009

INTRADAY TIPS FOR 20 NOVEMBER 2009

GOOD MORNING!!!
VOLATILITY RULED THE ROOST AS STOCKS LOST GROUND WITH THE SENTIMENT HIT BY BRAZIL'S LATEST MOVE TO CURB CAPITAL INFLOWS. DECLINE IN EUROPEAN SHARES AND LOWER US INDEX FUTURES ALSO WEIGHED ON SENTIMENT. METAL, AUTO, BANKING, REALTY AND IT STOCKS DECLINED. THE MARKET BREADTH WAS WEAK IN CONTRAST TO A STRONG BREADTH IN EARLY TRADE. INTRADAY VOLATILITY ON THE BOURSES WAS HIGH. THE MARKET RECOVERED FROM LOWER LEVEL IN MORNING TRADE HOWEVER, THE INTRADAY REBOUND PROVED SHORT-LIVED. THE MARKET CUT LOSSES AFTER HITTING A FRESH INTRADAY LOW IN LATE TRADE. EQUITIES MAY REMAIN VOLATILE OVER THE NEXT FEW DAYS AS TRADERS ROLLOVER POSITIONS IN THE DERIVATIVE SEGMENT FROM NOVEMBER 2009 SERIES TO DECEMBER 2009 SERIES AHEAD OF THE EXPIRY. THE MARKET SENTIMENT WAS HURT BY BRAZIL'S LATEST MOVE TO CURB CAPITAL INFLOWS. BRAZIL TOOK ANOTHER STEP ON WEDNESDAY TO TRY TO CONTAIN THE APPRECIATION OF ITS CURRENCY, UNVEILING A 1.5% TAX ON CERTAIN TRADES INVOLVING AMERICAN DEPOSITARY RECEIPTS ISSUED BY BRAZILIAN COMPANIES. THE BRAZILIAN GOVERNMENT, LAST MONTH, IMPLEMENTED A 2% FINANCIAL TAX ON FOREIGN INFLOWS INTO STOCKS AND FIXED INCOME INVESTMENTS. AMONG OTHER OVERSEAS MARKETS, SOUTH KOREA ANNOUNCED MEASURES ON THURSDAY AIMED TO TIGHTENING CONTROLS OVER CURRENCY LIQUIDITY TO MAKE THE BANKING SYSTEM LESS VULNERABLE TO THE CAPITAL FLIGHT. THE FINANCIAL SERVICES COMMISSION SAID IT WILL LIMIT THE SIZE OF FORWARD FOREIGN EXCHANGE TRANSACTIONS THAT SOUTH KOREAN COMPANIES CAN ENTER INTO, TO A TOTAL VALUE OF NOT MORE THAN 125% OF THE UNDERLYING TRANSACTIONS THEY ARE HEDGING AGAINST, WHICH COULD MEAN LESS-THAN-EXPECTED SELLING OF DOLLAR-FORWARDS BY EXPORTERS IN THE FUTURE. TAIWAN HAS ALREADY BANNED FOREIGNERS FROM INVESTING IN TIME DEPOSITS. EARLIER, A NEWSPAPER REPORT SUGGESTED THAT THE GOVERNMENT IS TAKING ITS FIRST SIGNIFICANT STEP TO WARD OFF A SURGE IN FOREIGN CAPITAL INFLOWS THAT MAY THREATEN THE STABILITY OF THE FINANCIAL SYSTEM BY DRAWING UP NEW RULES THAT WILL MAKE OVERSEAS LOANS COSTLIER FOR COMPANIES. INDIAN STOCKS HAVE RISEN SHARPLY THIS YEAR ON ROBUST INFLOW FROM FOREIGN FUNDS. REPORTS HAD SUGGESTED THAT THE GOVERNMENT WAS CONSIDERING AUCTIONING OF CORPORATE ENTITLEMENTS TO BORROW ABROAD, A MOVE THAT COULD MAKE SUCH BORROWING COSTLIER. A GLOBAL GLUT OF LIQUIDITY HAS PUSHED UP STOCK MARKETS ACROSS THE GLOBE SINCE MARCH THIS YEAR. GOVERNMENTS AND CENTRAL BANKS AROUND THE WORLD HAVE INJECTED TRILLIONS OF DOLLARS IN THE PAST ONE YEAR OR SO TO PULL THE WORLD OUT OF A MOST SEVERE RECESSION SINCE THE 1930S GREAT DEPRESSION.
TODAY MARKET WOULD BE NEGATIVELY BIASED ALONG WITH ALL MAJOR GLOBAL INDICES STARTED GETTING WEAKER, OUR INDICES ARE ALSO PRONE AND WILL SUCCUMB TO FALLING PRESSURE ALONG WITH GLOBAL INDICES, IF NIFTY TRADES BELOW 4990 THEN WE CAN SEE NIFTY TO SLIDE DOWN TO 4937 AND BREAK BELOW THIS WOULD LEAD NIFTY TO 4909 IF NIFTY BREACHES 4900 THEN IT MAY TAKE SUPPORT AT 4780. AND ON THE UPSIDE IF NIFTY TRADES ABOVE 5007 THEN WE CAN EXPECT NIFTY TO TOUCH 5053 AND ABOVE THAT LEVEL IT MAY GO TO 5076. MARKET IS NEGATIVELY BIASED AND ONE CAN STAY SHORT, POSITIONAL TRADES CAN TAKE SHORT POSITIONS WITH A STOPLOSS OF 5068. WE MAY SEE LOT OF VOLATALITY IN THE COMING DAYS SO DON’T TRADE WITH SMALL STOPLOSSES AS THEY MAY HIT VERY FAST KEEP LITTLE BIGGER STOPLOSS AND KEEP BOOKING PROIFTS AT REGULAR INTERVALS.

STOCKS IN NEGATIVE ZONE : CHAMBAL FERTILIZERS, ADLABS, ALLAHABAD BANK, IDBI, INDIANBANK, IOB, KOTAK BANK, M&M, NAGARJUNA CONSTRUCTION, PNB, RELINFRA, RCOM, STER, TATA CHEMICALS, SYNDICATE BANK, TRIVENI, UNION BANK, UNIPHOS, VOLTAS, ZEE, MOSER BAER, PUNJLLOYD, PRAJ IND, UNITECH, JP, ROLTA, RENUKA, PTC, ICSA, FSL, OPTOCIRCUITS, NOIDA, INDIA INFO
SELL BAJAJ HINDUSTAN SL 210 TGT 204/200/196
SELL CENTURY TEXTILES SL 481 TGT 470/462
SELL DLF SL 371 TGT 361/355
SELL ESSAR OIL SL 136.1 TGT 132.6/130.1
SELL HDFC BANK SL 1731 TGT 1706/1691/1661
SELL ICICIBANK SL 892 TGT 870/861/850
SELL AXIS SL 1001 TGT 978/971/954
SELL LICHSG FUTURES SL 862 TGT 823/806
SELL SIEMENS SL 559 TGT 546/537/526

Thursday, November 19, 2009

INTRADAY TIPS FOR 19 NOVEMBER 2009

GOOD MORNING!!!
VOLATILITY WAS THE KEY IN THE LAST TRADING SESSION KEY INDICES EDGED LOWER WITH INVESTORS CASHING IN ON GAINS AFTER A SHARP RALLY IN THE PAST FEW DAYS. THE SENSEX SETTLED BELOW 17,000 MARK AFTER ALTERNATIVELY MOVING ABOVE AND BELOW THAT LEVEL DURING THE DAY. METAL STOCKS ROSE. BUT CAPITAL GOODS AND BANKING STOCKS FELL HEAVYWEIGHT RELIANCE INDUSTRIES DROPPED AFTER SETTING RECORD DATE FOR A LIBERAL 1:1 BONUS ISSUE. ANOTHER INDEX HEAVYWEIGHT L&T ALSO FELL. THE INDUSTRY BODY ASSOCHAM ON TUESDAY, 17 NOVEMBER 2009, SUGGESTED THAT FOREIGN INSTITUTIONAL INVESTORS (FIIS) SHOULD BE CHARGED A TAX OF 2% OF THEIR MONEY PUMPED INTO THE STOCK MARKET TO PREVENT FURTHER RISE OF THE RUPEE AND ALSO AN ASSET-BUBBLE. AT A QUARTERLY POLICY REVIEW LATE LAST MONTH, THE RBI SAID THERE WERE SIGNS EXCESS LIQUIDITY IS SEEPING INTO ASSET PRICES. IMPOSING THE TAX WOULD HELP THE RBI TO MANAGE RUPEE AT REASONABLE LEVELS TO SAFEGUARD AND SUPPORT INDIAN EXPORTERS, HIT HARD BY RISING INPUT COST AND APPRECIATING RUPEE, ASSOCHAM SAID. THE RUPEE HAS APPRECIATED OVER 5% AGAINST THE US DOLLAR IN THE LAST SIX MONTHS.
TODAY MARKET WOULD REMAIN IN RANGE BOUND WITH NEGATIVELY BIASED. IF NIFTY TRADES BELOW 5045 THEN IT IS LIKELY TO REACH A TARGET OF 5017 AND BREACH BELOW THIS LEVEL WOULD TAKE NIFTY TO 4977 AND ON THE POSITIVE SIDE IF NIFTY TRADES ABOVE 5075 THEN WAS CAN SEE NIFTY TO 5113 AND THEN TO 5159. ONE HAS TO REMAIN VERY CAUTIOUS AS THERE IS ONLY 5 TRADING SESSIONS LEFT IN THIS EXPIRY, ONE SHOULD KEEP A NOTE THAT MARKET IS UP ALMOST 550 POINTS FROM RECENT LOWS I.E., FROM 4530 TO 5080 WHICH IS AROUND 550 POINTS SO THERE WOULD BE SOME KIND OF CONSOLIDATION HERE BEFORE IT MAKES AN UP MOVE EVEN ON THE BULLISH SIDE OF MARKET WE MAY SEE SOME 130 POINTS CORRECTION IN NIFTY. SO ONE IS ADVISED TO STAY CAUTIOUS. THERE WILL LOT OF VOLATILITY FROM NOW ON IN THE MARKET SO STAY WITH STRICT STOPLOSS EITHER SIDES.

BUY ESSAR SHIPPING SL 67 TGT 74/76
BUY RELCAP ABOVE 909 SL 899 TGT 919/929/944
BUY JINDAL STEEL ABOVE 730 SL 719 TGT 738/744
BUY RANBAXY SL 419 TGT 430/434

SELL RELINFRA SL 1159 TGT 1133/1125/1111
SELL SUNPHARMA SL 1446 TGT 1424/1416
POSITIONAL TRADES
BUY RELIGARE TECHNOVA (526927) AT 82 TGT 100%/250%/500%

Wednesday, November 18, 2009

INTRADAY TIPS FOR 18 NOVEMBER 2009

GOOD MORNING!!!
INDICES CLOSED MARGINALLY HIGHER AFTER A STRONG INTRADAY REBOUND IN LATE TRADE. RECOVERY IN EUROPEAN STOCKS FROM LOWER LEVEL TRIGGERED THE STRONG REBOUND ON THE DOMESTIC BOURSES IN LATE TRADE. THE SENSEX REGAINED THE PSYCHOLOGICAL 17,000 MARK AFTER FALLING BELOW THAT LEVEL IN INTRADAY TRADE INTRADAY VOLATILITY WAS ON THE BOURSES WAS HIGH. AFTER INITIAL GAINS, THE MARKET SOON SLIPPED INTO THE RED ON LOWER ASIAN STOCKS. A STRONG REBOUND PUSHED THE SENSEX INTO THE GREEN IN LATE TRADE AS EUROPEAN STOCKS AND US INDEX FUTURES TRIMMED LOSSES. MREALTY STOCKS FELL. BUT IT STOCKS GALLOPED. BANKING STOCKS REVERSED INTRADAY LOSSES. THE MARKET BREADTH WAS NEGATIVE. THE MARKET HAS RISEN SHARPLY IN THE PAST FEW DAYS. THE RALLY HAS BEEN DRIVEN BY STRONG DOMESTIC AND GLOBAL LIQUIDITY. FOREIGN FUNDS HAVE BOUGHT EQUITIES WORTH A NET RS 72659.10 CRORE IN CALENDAR 2009 SO FAR AS AGAINST AN OUTFLOW OF RS 51611.50 CRORE IN THE CORRESPONDING PERIOD LAST YEAR.
TODAY MARKET WOULD REMAIN RANGE BOUND. IF NIFTY TRADES ABOVE 5077 THEN IT IS LIKELY TO TEST 5100 ZONE AND BREAK ABOVE THIS POINT WE CAN SEE NIFTY TO HEAD TOWARDS 5154 AND ON THE DOWNSIDE IF NIFTY TRADES BELOW 5035 THEN IT IS LIKELY TO COME DOWN TO 5015 AND BREAK BELOW THIS LEVEL WOULD TAKE NIFTY TO 4990 AND THEN TO 4956 ANY BREAK BELOW 4990 IS CONSIDERED TO BE CRUCIAL AND CLOSING BELOW 4990 ONE CAN REMAIN IN SHORT
.
BUY RELINFRA SL 1180 TGT 1210/1218
BUY HDFCBANK SL 1744 TGT 1761/1775/1783
BUY ICICI BANK SL 918 TGT 932/948
BUY TATAPOWER SL 1319 TGT 1340/1357
BUY NAGARFERT SL 30.7 TGT 31.5/32
POSITIONAL TRADES

BUY ODYSSEY TECHNOLOGIES LTD TGT 100%

Tuesday, November 17, 2009

INTRADAY TIPS FOR 17 NOVEMBER 2009

GOOD MORNING!!!
BULLS TOOK COMPLETE CHARGE OF STOCK MARKET RIGHT FROM THE OPENING BELL OF THE MARKETS, DOMINANT BULLS DIDN’T GIVE UP AT ANY STAGE TILL THE END AND CONTINUED EFFORTS TO KEEP THE CHARTS ON THE POSITIVE SIDE WAS VERY MUCH SUCCESSFUL AND MANAGED TO HIT MAJOR INDICES ON TO A FRESH HIGH. ON THE TECHNICAL FRONT THE TREND IS TILL INTACT AND THERE IS HARDLY ANY CHOICE EXCEPT FOR BULLS, HOWEVER, THE INDICES ARE INTO A TIGHT AND STIFF ZONE OF RESISTANCE THIS IS THE LIKELY POINT OF SELLING PRESSURE OR PROFIT BOOKING TO COMMENCE SO ONE IS ADVISED TO STAY EXTRA CAUTION.

TODAY NIFTY MAY OPEN SLIGHTLY POSITIVE BUT NIFTY MAY SEE A STIFF RESISTANCE AROUND 5072 LEVELS, MARKET MAY BE VOLATILE ONE HAS TO BE VERY CAUTIOUS AT THIS STAGE AS NIFTY MAY SLIDE DOWN AT ANY POINT WITH PROFIT BOOKING AT THIS HIGHER STAGES, I WOULD ADVICE TO STAY CAUTIOUS ON THE HIGHER LEVELS AND KEEP BOOKING PROFITS. TODAY IF NIFTY TRADES 5072 WITH GOOD VOLUMES THEN WE CAN SEE NIFTY TO MOVE UP TO 5125 AND THEN TO 5159 AND ON THE DOWNSIDE IF NIFTY TRADES BELOW 5033 THEN IT IS LIKELY TO SLIDE DOWN TO 4990 AND BREAK BELOW THIS LEVEL MAY TAKE NIFTY TO 4956 AND ANY CLOSE BELOW 4967 IS DANGEROUS AND ONE IS ADVISED TO EXIT FROM LONGS AND CAN TAKE FRESH SHORTS OR CARRY OVER THE SHORTS TO THE NEXT TRADING SESSION. ONE CAN EYE SUGAR SECTOR FOR SHORTING.

BUY HDIL SL 362 TGT 369/376/381
BUY DLF SL 382 TGT 388/392
BUY SIEMENS SL 567 TGT 578/582

SELL BAJAJ HIND SL 225.7 TGT 218/214
SELL BANK BARODA SL 846 TGT 835/831
SELL LITL BELOW 550 SL 556 TGT 543/534/521

Monday, November 16, 2009

INTRADAY TIPS FOR 16 NOVEMBER 2009

GOOD MORNING!!!
VOLATILITY WAS VERY HIGH IN THE LAST TRADING SESSION ON THE EXPECTATIONS OF IIP NUMBERS INDICES SURGED ON STRONG INDUSTRIAL OUTPUT DATA. BREADTH OF THE MARKET REMAINED POSITIVE THOUGH INTRADAY VOLATILITY ON THE BOURSES WAS IMMENSE. INDUSTRIAL OUTPUT ROSE 9.1% IN SEPTEMBER 2009 OVER SEPTEMBER 2008. THE GOVERNMENT REVISED UPWARDS THE INDUSTRIAL PRODUCTION GROWTH FOR AUGUST 2009 TO 11% FROM 10.4%. CONSUMER DURABLE GOODS OUTPUT SURGED BY AN ANNUAL 22.2%, MANUFACTURING PRODUCTION ROSE 9.3%, MINING OUTPUT WAS UP 8.6% AND POWER GENERATION ROSE 7.9% IN SEPTEMBER 2009 OVER SEPTEMBER 2008. THE FOOD PRICE INDEX WAS UP 13.68% IN 12 MONTHS TO 31 OCTOBER 2009, THE FUEL INDEX WAS DOWN 1.71%. ONE CANNOT RULE OUT THE DOWNFALL AT ANY STAGE AS THE RECOVERY OR UPMOVE OF 500 POINTS WAS JUST IN 5 STRAIGHT TRADING SESSIONS SO ONE SHOULD BE VERY CAUTIOUS ON INVESTING AND THERE IS EVERY CHANCE THAT MARKET CAN MAKE A RETRACEMENT OR CORRECT TO 120 TO 150 NIFTY POINTS SO ONE CAN ADD ON THE DOWNSIDE FOLLOWING A STRICT STOPLOSS.
TODAY MARKET WOULD REMAIN VOLATILE ON A RANGE BOUND TRADE. IF NIFTY SUSTAINS ABOVE 5022 THEN IT IS LIKELY TO TOUCH 5072 AND BREAK ABOVE THIS POINT IS CONSIDERED TO BE A GOOD UPSIDE MOVE AND ABOVE 5072 IF TRADES THEN IT MAY TAKE NIFTY TO 5159 CLOSE ANYTHING ABOVE 5072 IS CONSIDERED TO BE BULLISH AND ONE CAN STAY LONG WITH 1/4 OF HEDGING ON THE OVERALL PORTFOLIO. ON THE NEGATIVE ZONE IF NIFTY BREACHES 4974 THEN WE CAN SEE NIFTY TO SLIDE DOWN TO 4937 AND THEN TO 4909. IF NIFTY CLOSES BELOW 4909 ON THE CLOSING BASIS ONE CAN CARRY SHORT POSITIONS FOR THE NEXT TRADING SESSION.
BUY HEROHONDA SL 1567 TGT 1590/1612/1627
BUY MARUTI SL 1460 TGT 1502/1518/1538
BUY JINDALSTEEL SL 692 TGT 711/722
SELL ASHOK LEYLAND SL 52.75 TGT 51.7/50.90
SELL INDIA CEMENTS SL 104.5 TGT 102/97
SELL POWER GRID SL 105.4 TGT 102.75/100.6
SELL SBI SL 2313 TGT 2258/2236/2215
SELL TECHM SL 1016 TGT 986/968/944
SELL UNITECH SL 84.7 TGT 82/79.75

POSITIONAL TRADES

BUY GMDC TGT 165 -> MEDIUM TERM
BUY NELCAST LTD TGT 75 -> SHORT TERM
BUY ELECON ENG TGT 100 -> SHORT TERM
BUY CRISIL TGT 4380 -> MOMENTUM
BUY HUNNUG TOYS TGT 133 -> MOMENTUM
BUY KOTHARI SUGARS TGT 12.5/13/13.75 -> MOMENTUM
BUY LYKA LABS TGT 44 -> MOMENTUM

Friday, November 13, 2009

INTRADAY TIPS FOR 13 NOVEMBER 2009

GOOD MORNING!!!
INDICIES HAVE GIVEN UP SOME PART OF THEIR GAINS AFTER A STRAIGHT 7 DAY RALLY ON THE BOURSES, INTEREST RATE SENSITIVE SECTORS BANKING, AUTO AND REALTY STOCKS LED SLIDE IN THE MARKET IN A HIGHLY VOLATILE TRADING SESSION. DAY'S HIGH AND UP CLOSE TO 120 POINTS FROM THE DAY'S LOW. NIFTY CLOSED BELOW 5000 AND STOCKS FELL DESPITE STRONG INDUSTRIAL PRODUCTION DATA. THE MARKET BREADTH WAS WEAK THOUGH THE STRUCTURE OF THE MARKET STILL REMAINS STRONG.
TODAY MARKETS LOOKS RANGE BOUND TO NEGATIVELY BIASED WITH GLOBAL CUES TRADING IN NEGATIVE TERRITORY. ONE HAS TO BE VERY CAUTIOUS ON THE LONGS WITH STRICT STOPLOSS. IT IS ADVISED TO TRADE LESS WITH STRICT STOPLOSS ON INTRADAY BASIS UNTIL THE LEVEL SPECIFIED BELOW ARE SURPASSED OR BREACHED. TODAY IF NIFTY TRADES BELOW 4937 THEN IT WILL TAKE NIFTY TO 4877 AND BREAK BELOW THIS LEVEL WOULD TAKE NIFTY TO 4820 AND NIFTY WOULD TAKE SUPPORT AROUND 4800. AND ON THE POSITIVE FRONT IF NIFTY TRADES ABOVE 4978 IT MAY TAKE NIFTY TO 5010 BREAK ABOVE THIS WOULD TAKE NIFTY TO 5072. AIRLINES STOCKS LOOKING POSITIVE AND REALITY LOOKING WEAK ALONG WITH BANKING.
SELL BANK INDIA SL 364 TGT 358/352
SELL DLF SL 373 TGT 365/362/358
SELL BHARAT FORGE SL 269 TGT 260/254/250
SELL FEDERAL BANK SL 234 TGT 226/221/217
SELL MARUTI SL 1431 TGT 1398/1386/1375
SELL JINDALSAW BELOW 765 POSITIONALLY ON CLOSING BASIS
SELL ABAN BELOW 1215 POSITIONALLY ON CLOSING BASIS
KEEP AN EYE ON JET AIRWAYS AND KFA ON POSITIVE SIDE
NOTE: GO SHORT ONLY IF THE ABOVE STOCKS ARE NEGATIVE OR EVEN DURING THE DAY IF THEY COME NEGATIVE

Thursday, November 12, 2009

INTRADAY TIPS FOR 12 NOVEMBER 2009

GOOD MORNING!!!
INDICES SOARED TRACKING FIRM GLOBAL STOCKS AFTER CHINA REPORTED CONTINUED STRENGTH IN INDUSTRIAL PRODUCTION GROWTH, KEEPING ALIVE HOPES OF A RECOVERY IN THE GLOBAL ECONOMY. THE MARKET SHRUGGED OFF CYCLONE PHYAN WHICH IS EXPECTED TO BRING HEAVY RAINS TO MUMBAI, THE COMMERCIAL CAPITAL. LATEST REPORTED SUGGEST THAT THE CYCLONE HAS BYPASSED MUMBAI AT 14:00 IST. METAL, AUTO, REALTY, CAPITAL GOODS AND IT STOCKS ROSE. INDEX HEAVYWEIGHT RELIANCE INDUSTRIES SURGED IN LATE TRADE. THE MARKET BREADTH WAS VERY STRONG. THE MARKET MOVED BETWEEN POSITIVE AND NEGATIVE ZONE IN EARLY TRADE. IT SURGED IN MID-MORNING TRADE. THE MARKET EXTENDED GAINS LATER. THE MARKET SENTIMENT HAS BEEN BOOSTED BY PRIME MINISTER MANMOHAN SINGH'S ANNOUNCEMENT ON SUNDAY, 8 NOVEMBER 2009, THAT FINANCIAL REFORMS, SUCH AS BUILDING UP A DOMESTIC BOND MARKET AND EXPANDING FOREIGN INVESTMENT IN SECTORS LIKE INSURANCE, WOULD BE PUSHED FORWARD.
TODAY MARKET WOULD OPEN IN POSITIVE ZONE AND MAY REMAIN RANGE BOUND, IF NIFTY TRADES ABOVE 5030 THEN IT IS LIKELY TO GO TO 5053 AND TRADE ABOVE THIS POINT WOULD TAKE NIFTY TO 5080 AND ON THE DOWN SIDE IF NIFTY 4980 THEN IT IS LIKELY TO TAKE NIFTY TO 4937. A SHARP RALLY OF ALMOST 500 POINTS UPSIDE FROM 4531 TO 5024 WHICH IS CONSIDERED TO BE MATTER OF CONCERN AS IT IS EVIDENT THAT MARKET MAY TAKE RETRACEMENT AT ANY STAGE, SO ONE IS CAUTIONED TO AVOID BUYING WITH ALL THE CAPITAL, AND DILUTE AND LIQUIDATE SOME OF YOUR ASSETS AND BE ON CASH AND DON’T INVEST ALL THE MONEY WHAT YOU HAVE INVEST ONLY 50% OF THE CAPITAL IN INVESTMENTS AND YOU CAN PLAY INTRADAY IF YOU ARE A TRADER.
BUY IDFC SL 167.8 TGT 170/172
BUY JPASSOCIATES SL 238.4 TGT 245/247/249
BUY STER SL 852 TGT 868/874/880
BUY RELINFRA SL 1152 TGT 1172/1184/1200
BUY SRF SL 194 TGT 205/209
BUY JSPL SL 692 TGT 705/709
POSITIONAL TRADES
BUY PURAVANKARA FOR 50% RETURNS IN MEDIUM TERM