Nifty - Trade Intraday

[paras_123]

These are top 10 stocks, in Nifty with gainers and volume.
I am thinking to take a position in it as per my understanding.(paper pen)
It is just a thought, let us see, how it would result after one week.
M not buying and not recommending, Posting, here to analyze at the end of week.
More or less, i am inspired with Hero Moto Co. Chart,

Maruti- no thoughts
M&M SL 920 TARGET 980
TATAPOWER target 120, SL 108.75
JP Assoc selling only below 103.8
Lupin SL, 586 target 612
Bankbaroda Sell only below 770
Jindal Steel SL 360, target 435
BHel SL 220 , TARGET 300
CAIRN SL 320, TARGET 400
HERO MOTOR CO. sideways pattern on EOD, SL 1800, target 2000

 

[subratdas]

What are the next support and resistance points for December?

Thanx/Regards
Subrat

 

[paras_123]

What are the next support and resistance points for December?

Thanx/Regards
Subrat

Are You referring, Nifty Index?


If yes, only after open. I am good at understanding, Intra day support and resistance for Nifty,

 

[paras_123]

These are top 10 stocks, in Nifty with gainers and volume.
I am thinking to take a position in it as per my understanding.(paper pen)
It is just a thought, let us see, how it would result after one week.
M not buying and not recommending, Posting, here to analyze at the end of week.
More or less, i am inspired with Hero Moto Co. Chart,

Maruti- no thoughts
M&M SL 920 TARGET 980
TATAPOWER target 120, SL 108.75
JP Assoc selling only below 103.8
Lupin SL, 586 target 612
Bankbaroda Sell only below 770
Jindal Steel SL 360, target 435
BHel SL 220 , TARGET 300
CAIRN SL 320, TARGET 400
HERO MOTOR CO. sideways pattern on EOD, SL 1800, target 2000

The idea behind, is to pick up trending stock. If trend continues, we will make profits and I am trying to apply Martin Pring Wave Analysis here.

 

[paras_123]

net trend is upward only, buy on dips would be good strategy for today.

We will test 6000, 6200.. Don't delay in picking good stocks today,
SBIN, Bhel, tata motors, JP Associate, Unitech , PNB- Buy on dips
12 POINTS covered

Mostly all the scrips has done better(very well) till now.
still eye on Nifty.

 

[paras_123]

5890 or 5930, Make or break,
any ways it does not look like trending, Looks like a reversal on upper side expected

 

[paras_123]

5890 or 5930. Y/d we close below 5890, expectation of bear momentum to continue.
5860 remains a support for today

 

[paras_123]

high swing today stand at 5870-5874.....
choppy market

 

[paras_123]

,


M&M SL 920 TARGET 980
TATAPOWER target 120, SL 108.75
JP Assoc selling only below 103.8
Lupin SL, 586 target 612
Jindal Steel SL 360, target 435
BHel SL 220 , TARGET 300
CAIRN SL 320, TARGET 400
HERO MOTOR CO. sideways pattern on EOD, SL 1800, target 2000

Good one's
JP Assoc selling only below 103.8,
HERO MOTOR CO. sideways pattern on EOD, SL 1800, target 2000,
Jindal Steel SL 360, target 435,
Lupin SL, 586 target 612 achieved
M&M SL 920 TARGET 980,

SL Hit or still in loss

CAIRN SL 320, TARGET 400
BHel SL 220 , TARGET 300
TATAPOWER target 120, SL 108.75

Buying was at closing price of 7th december 2012, total points running in profit is 74 points.

I am closing my position on closing basis here. Anyways it is a good way to hedge yourself.
I need to add more indicators here, taught in this forum by ST, Saint and other experts.

It was a nice try and i am looking forward to it.

 

[paras_123]

Nifty Intra-day resistance at 5900. Bull run swing stands above 5930.
5810, 5783 stands as a support for today., and we may test it.
However, Nifty has shown some upside swing, selling should be at 5890 with keeping 5902 as stirct SL