Tips for friday, 25-May-2007
STRATEGY FOR NIFTY AND OTHER TRADES,NOTE IT AND ENJOY:
4131 MAJOR SUPPORT,COVER ALL SHORTS ONCE IN GAP DOWN AND SHORT ON BOUNCEBACK WITH STOPLOSS OF 4226 ABOVE TRADING/CLOSING BASIS OR FRESH SHORTS ONLY BELOW 4131 IF NIFTY TRADES FOR SOMETIME BELOW THIS LEVEL.
NIFTY(spot):Again our second target for nifty below 4235 hits and our third target of 4183 also almost got hit.Now,think how much money you could make in nifty in intraday with such levels.
TODAY,there might be a gap down of 40-50 points in nifty.If nifty trades below 4152,the target is 4134 and cover your all shorts once here,remember we have been shorting from last three days and its huge profits.
ONLY MAKE FRESH SHORTS WHEN NIFTY TRADES BELOW 4131 or on big intraday bounceback,short near 4190-99 range with 4226 above trading/closing as stoploss.
RCOM:[yesterdays tip]If trades below 507,the target is 499.major support at 497,below this fall will be till 486 level.if opens up,then also short with a stoploss of 518 above trading.
NOW,almost 486 got hit,low is at 489,when everyone asked to buy this stock,we are saying to short and see the results.
Now for Friday:cover your shorts near 483-486 levels on gap down and if bounces back ,short near 492-495 range with a stoploss of 504 above trading ,target will be 474.
or short again only if rcom trades below 476 then target will be 463 and 456.
RELCAPITAL:The support is at 911 and 891,panic buy.
Buy this at these support levels with a strict stoploss of 881.the target is 1020.
TATAMOTORS : [yesterdays message]It has closed at our target of 708,from 758 level asked you to short on result day and see it has fallen 50 rs in 4 days.NOW,major support is at 699,if breaks,the target for shorts is at 691 and 685.
It did not break 699 yesterday and so no trading in this counter.
NOW FOR FRIDAY:if it trades below 697,then only short for target of 685 and 672.but my gut feeling says it will bounce from lower levels,so short after a bounceback in the range of 708-714 with a stoploss of 719 above trading for target of 695 by Monday.
BHARTI:THIS IS YESTERDAYS TIP and just analyse in last 5 days,everyday is great and all targets including yesterdays hits on bharti,infact 832 came ,our target was 837.
[TODAY,on Thursday:if trades below 847,the targets are 842 and 837.]
NOW TODAY ON FRIDAY:If on gap down comes close to 822-819 range,cover all shorts once and short again on bounceback near 832-837 level with a stoploss of 845 above trading/closing.otherwise short again only if trades below 816.
INFOSYS:Its daily a gr8 trade for us,in last 5 days,daily it hits our targets on dot.
YESTERDAY,Infosys never traded below 1908 so never traded this counter,today also,if doesnt trade below 1908,dont short rather short at higher levels with a stoploss of 1948 above trading.
Buy infosys only if trades above 1965 for a target of 1995 and 2001.
IFCI: If trades below 46,short it for a target of 45.buy only if trades above 48.6.
Now today on friday,the support is at 46,below this only short for a target of 45 and if breaks 44.5,then 43.5 will also come.
Now,buy only if trades above 48.6.
ONGC:[yesterdays tip] Today on Thursday: The resistance is at 919,higher level to short for a target of 901.
899 is major support,below this 887 will also come..
NOW SEE THE LOW AT 896 AND CLOSING AT 900.15 AND TELL ME IS THIS ACCURACY ???.
NOW ON FRIDAY:the major supports are at 888 and 878,cover shorts once and only short again if trades below 875.
TCS:[yesterdays tip] 1213 is major support,short only below 1224 for 1213 as target.if trades below 1213 then 1185 will come soon.
NOW WE WENT SHORT IN THE END AS IT BROKE BELOW 1224.
NOW FOR FRIDAY:The major support is at 1209 and 1206,if trades below 1206 then 1185 levels will come as writing from 1245 to short tcs with targets of 1185.
SATYAM: [yesterdays tip] 445 and 462,trend deciding levels.
Above 462 if trades,just buy and enjoy the ride. And if trades below 445,the target is 441.below 439 if trades,a major crack will come.
If tommorow,doesnt trade below 444,buy it and see magic.
I THINK YOU SAW TWO MAGIC, FIRST IN A NEGATIVE MARKET,SATYAM NEVER BROKE 444 AND WENT UP AND UPTO 461.80 AND FROM OUR TREND DECIDING LEVEL OF 462 REVERSED,NOW WHERE CAN YOU FIND THIS MUCH ACCURACY???
NOW ON FRIDAY:AGAIN SAYING,ON A GAP DOWN BUY WITH A STOPLOSS OF 444 AND ENJOY INTRADAY GAINS.BUT THE DAY IT TRADES/CLOSES BELOW 444,SHORT IT HUGE CRACK WILL COME AND YOU WILL SEE 432 AND 425.
SBI:[Yesterdays tip] Now,if trades below 1309,the target is 1285 and 1270.
From 1350 levels asking you to short with a view of 1270 as target ,it touched 1275 yesterday,whats the so called accuracy???
NOW FOR FRIDAY:THE SUPPORT LIES AT 1270 AND 1240.IF OPENS DOWN,BUY WITH A STOPLOSS OF 1240 AND ENJOY INTRADAY GOOD BOUNCEBACK TILL 1275 AND 1290 LEVELS.
TAKE NOTE:
BAJAJHIND:[YESTERDAYS TIP] If trades below 176,short it with a stoploss of 184,the target is 167 and 163 .
WHEN ON FRIDAY 168 COMES,COVER YOUR SHORTS ONCE AND ONLY SHORT AGAIN IF BREAKS 163.
AIR DECCAN:This stock has made us earn a lot immediately in 5 days.we gave buy recommendation at 120 for a target of 145 and day before yesterday i.e WEDNESDAY gave a shorting recommendation below 138 with a target of 125.
[earned 35% total in this stock in 5 days in futures market,lot size is 1700.]
NOW ON FRIDAY:IT SHOULD ONLY BE BOUGHT ON A GAP DOWN WITH A STOPLOSS OF 128 FOR A TARGET OF 144.
IF TRADES ABOVE 145.5 THEN BUY DELIVERY BASED OR FUTURES HOLDING POSITIONAL TRADING FOR A TARGET OF 155 AND 161.
