Positional/intraday Trading Tips

[nareshkumarpo]

Tips for Tuesday,12 June,2007


NOTE:

NIFTY(spot):If nifty trades above 4182,the target is 4207 and 4228,The key resistance lies at 4238,if doesn’t close above 4238,short it today in the end.

If trades below 4117,keep shorts wide open and short with heavy volumes.the day 4117 breaks and market trades/closes below this level,short with heavy volumes and see a big crack in nifty.


hI HITESH,

I have shorted Nifty @ 4091 (future price ) once it traded below 4117 (spot )but market recovered smartly afterwards. I am still holding the position. Please advise.

naresh

 

[hitesh sabharwal]

naresh,i exited from nifty shorts personally with stop profit of 4156 today coz i am short from higher levels but i think knowing markets are weak,i think i made a fool of myself.hehehe,still holding stock futures short like bharti and 2-3 more,probably you will end up proving urself smarter.

 

[hitesh sabharwal]

Tips for Wednesday,13 June,2007




SRF: Today just buy with a stoploss of 153,target 166 and 171,above 171 if trades will fly to 177 and 190.



AIRDECCAN: Buy with a stoploss of 124 for a target of 135 and 137.



ASIAN PAINTS:ON MOINDAY,IT HIT THE LOW OF 835,OUR STOPLOSS IS NOT GETTING TRIGGERED.KEEP BUYING VERY SOON WILL HIT 895,AND 925.



TODAY ASIANT PAINTS IF TRADES ABOVE 867,BUY AND TAKE DELIVERIES,BUY AT DIPS ALSO.





NOTE:



NIFTY(spot):If nifty trades above 4182,then only buy,the target is 4197 and 4228,The key resistance lies at 4238,if doesnt close above 4238,short it today in the end.



If trades below 4113,Then only short for a target of 4076 and below



RCOM: SO,DID YOU NOTICED,HOW IT FELL BELOW 521 YESTERDAY AND HIT 503 AND YESTERDAY HIT OUR TARGET AT 486.



TODAY:If trades below 506,the target is 490 and below this if trades below 489,the target is 481 and 474.





RELCAPITAL: Yesterday bouncebacked from 944,our support was 942. Keep accumulating.

The supports are 942,937 and 923,buy on dips for good bounceback from support levels.



TATAMOTORS: So below 654,it hit the target of 636.Today,if trades below 646,then only short for a target of 636 and 621.

Buy only if trades above 657 for a target of 674.



BHARTI: If trades below 808,remain short for a target of 792 and 785.stoploss 815.



INFOSYS: Buy only if trades above 2001 for a target of 2015 and .

Short it if trades below 1973 for a target of 1951 and 1933.



SATYAM:[YESTERDAYS TIP] If trades below 493,short it,the target is 481 and 475.BOTH TARGETS GOT IT.



TODAY,IF TRADES BELOW 474,THE TARGET IS 466.



SBI:SO below 1335,our target was 1305,the low is 1305.5, what is accuracy???



IF TRADES BELOW 1328,THE TARGET IS 1312 AND 1304.

 

[hitesh sabharwal]

Airdeccan 137 Target Achieved.

 

[sunny.joelin]

Hi Hitesh
Wonderful calls.Very nice take-off for the day.Happy flying.
Sunny

 

[hitesh sabharwal]

Risky Traders Can Short Nifty With A Stoploss Of 4165 In Spot And Short Bharti,its Below 808 Now,target 792 And 785.nifty Spot Target 4127,4113 And 4076.

 

[hitesh sabharwal]

short sbi with a stoploss of 1333 for a target of 1304 and 1293.short satyam,target 474 and 466.

 

[hitesh sabharwal]

bharti and nifty first target hits,remain short if nifty trades below 4127,sbi also quite down.

 

[hitesh sabharwal]

remain short in sbi and bharti,short nifty for a target of 4113 and 4076,short tatamotors if trade below 644 for target of 636 and 621.short rcom below 489.

 

[sameermehta]

what about RNRL