Karthik's short term calls

[ns_karthik]

aartiind seems like going up...acc has very good support at this point and hence is a good buy...

andhrabank, aptecht, asahiindia, bankbaroda, bankrajas are all due for a rise....

there are a whole lot of other shares as well but as i keep saying, there are simply too many for me to post...so if u have any specific shares, pls feel free to let me know and i will let u know....

 

[nagendra_gb]

Karthik,

Please let me now about NALCO. I bought it at 500. What may be its traget for another two three days. Will it correct on monday.
Thanks,
Nagendra

 

[ns_karthik]

Karthik,

Please let me now about NALCO. I bought it at 500. What may be its traget for another two three days. Will it correct on monday.
Thanks,
Nagendra

it is at quite a big resistance....the resistance is around 505.....if that is broken, u can see a good rise from that point...

 

[sdpkelkar]

Hi Karthik.

Firstly thanks for starting such a great thread! Noobs like me find themselves bewildered by the sheer amount of data required to analyze stocks

Can you please let me know if Arvind Mills is a good buy at current levels (90.50 on NSE as of 31st Dec)? M. Easow on Power Your trade had recommended this stock with a short term target of 142!

 

[ns_karthik]

it is at quite a big resistance....the resistance is around 505.....if that is broken, u can see a good rise from that point...

well, as i said, the resistance proved too good again and the stock price fell down as predicted....

 

[ns_karthik]

aartiind seems like going up...acc has very good support at this point and hence is a good buy...

andhrabank, aptecht, asahiindia, bankbaroda, bankrajas are all due for a rise....

there are a whole lot of other shares as well but as i keep saying, there are simply too many for me to post...so if u have any specific shares, pls feel free to let me know and i will let u know....

all the above stocks rose today, some even more than 4%...

 

[ns_karthik]

Hi Kathik.

Firstly thanks for starting such a great thread! Noobs like me find themselves bewildered by the sheer amount of data required to analyze stocks

Can you please let me know if Arvind Mills is a good buy at current levels (90.50 on NSE as of 31st Dec)? M. Easow on Power Your trade had recommended this stock with a short term target of 142!

Hi,
first of all, the perspective of short term varies between each person...for me, short term is less than or equal to a week and all my calls are for that period only.....so, if u ask me whether arvindmill would reach 142 in a week, then i would say 'no chance'.....it is at resistance right now and needs break of 94 to rise further...lemme just say that at this point of time, probability of falling is more than rising....

trading is a percentage game...when u start off, ur chances of success are 50-50, maybe less than that...so ur aim is to equip urself to increase ur chances of success to more than 50%...u can never reach 100%....but being 80% successful and managing ur 20% loss would help u to reach huge profits....technicals and other tools just help u in being more than 50% successful...rather than a blind shot in the dark, it helps u to take good decisions.....always take the call on the side which has more than 50% probability....if anything is likely to be less than 50% successful, better to stay out....

so for now, arvindmill has better chance of going down than up...so wait for it to cross 94 else take a small short.....

Thanks...

 

[Jignesh_]

pls give your ***** id (yah**o)&
R u karthik1987?

 

[ns_karthik]

jignesh pm me pls....

 

[nagendra_gb]

Yes Karthik.. thats true. So wht shall i do now. Can i sell it tomorrow or shall i hold to it for couple of days. I feel for next few days non ferrous metals will be in focus.

Thanks,
Nagendra