...:::Shri Ganeshaye Namah.:::...
{For May 25th 2006}
Hi Friends,
(Posted at 00.30AM. Approx 10 hours before opening bell)
It is better to stay away from market at the moment atleast for this week. Today is the "D" day for deriatives settlement. Here are my picks for 25th May 2006. Trade well. Trade carefully.
Lloyds Steel- LTP/12.50, B/11.90+, T/13-14 (Moderate Achieve. Days High-12.85)
Soma Textile- LTP/33.30, B/34+, T/34-38 (Entry Price Triggered before 10AM then never Touched it.)
Varun Shipping- LTP/86.45, B/88+, T91-94 (Target not acieved. Days High=Entry Price)
Stocks to watch: Gitanjali Gems, Asian Hotels, Lloyds Steel, Gujarat NRE Coke
(GitaGem was a looser, Asian Hotel was big gainer nearly Rs.160, Gujrate NRE was also a gainer)
I think scalping is the strategy for the day.
Note: I'm just trying to share my trading plan with you. If you want to follow this picks then do at your own risk. My picks are based on web based research and analisys. Do your own research before following my trading plan blindly.
Warning:
- My Picks are based on Web based Research and analysis
- Please strictly follow the entry price i recommended. (if using my picks)
- Do not jump at 9.55AM.
- Wait for 10-15 minutes for market to settle.
- Before following these do your own research.
- Put StopLoss at your own comfort level.
Note: I'm also putting my money on these.
Pls Tell Me your experience with it.
Happy Trading.
CopperDesk.
Scalping means to book profit exactly after a short gain, not staying there to wait for target price.