1. Hold ICICI bank with SL closing below 930 for 2 successive days BUT if the price remains rangebound for the next 3 days then evaluate chart if something is brewing .. if not then exit.
2. If goes below 2200 and stays thereof for 2 days then exit. Else hold. Rangebound strategy remains same.
3. Bharti ... tough call -- 350 is difficult BUT short covering can take the scrip up ...
4. Suzlon can go to 92 if it breaches 90 ... BUT can come down to 88 again .. being a punter scrip, what you can do is exit at higher rate and once it retraces by 1rs or so, buy again to get your costing lower ... Zulon moves that way many a times during the day ....
Hope this helps
and yes .. as usual .. my opinion and I could be wrong ...
2. If goes below 2200 and stays thereof for 2 days then exit. Else hold. Rangebound strategy remains same.
3. Bharti ... tough call -- 350 is difficult BUT short covering can take the scrip up ...
4. Suzlon can go to 92 if it breaches 90 ... BUT can come down to 88 again .. being a punter scrip, what you can do is exit at higher rate and once it retraces by 1rs or so, buy again to get your costing lower ... Zulon moves that way many a times during the day ....
Hope this helps
and yes .. as usual .. my opinion and I could be wrong ...