Nifty - Trade Intraday

[paras_123]

t2 would be around 5800 and final target stands on intra day around 5810, upside

 

[paras_123]

first exit at 5790,,, we still have half day left, upper side, 5800, 5810 could be seen, beyond it , 5830 and 5848

 

[paras_123]

2 lot exit at 5798- 5800
3 lot will exit at 5809 with SL 5790
4 th last lot 5834 with SL 5809, once it moves 5820, and if not SL 5790

 

[paras_123]

EXIT ALL positions now.... made decent 61 minus 9 points loss = 52 points, after brokerage 47 or 48 points, 5835 hit,,,,, i exit at 5830......

Holiday from office, worth it.

For tomorrow, i am a seller, don't forget to sell if you find selling opportunity, Yesterday was a trend reversal, above 5650, today was a continuation of bull run... expect consolidation tomorrow,,,

 

[paras_123]

colpal - i have given recomendation from the last 2 years at 910 levels .
m holding stock for a long term prospective.
Any one can add it at current levels as it is hoding support at 1100 per share, with a target of 1980 in next 2 years time frame.
Stock is in primary trend, and only useful for holding longs.

COLPAL today at 1454,,,

 

[paras_123]

fundamentally, colpal i believe is giving 14 to 18% return on yearly basis.
Simple question - whether population will increase or decrease?
you know the answer....
developing countries has to grow, even by 5 % is bigger than .5 % in US or in developed countries.... by 2030 as most predictions by Economist, India would be much more developed then what we could see it today...???? so what is required - Money inflow.... More salaries, would give more disposable income, more spending leads to more consumption.

Colgate Palmolive will grow with time..... It is next TITAN or APPLE in Indian markets.

 

[paras_123]

in Nifty , 5758 HOLDS a true support, reason is of single prints... There's a high probability that we would see it getting closed, before it moves further ahead in rally.
Nifty can never be in primary trend, so expect a close of Single print at 5758. in next few trading days....

 

[paras_123]

5816 is today' first support, if we dnt cut it and cut upwards, expect a small pullback, but i am a seller...upper side first resistance would be 5852

 

[paras_123]

FIRST Short at 5857, second at 5852,,,, third would be at 5832

 

[paras_123]

exit both lots here at 38-36,, no position now. one could expect a target of 16-18 today.