Re: Stock FUTURES To Keep A Close Eye On 30th March 2010
Pl forgive me my insolence but I have to ask the following against the call given below.
The Punj Lloyd aapears to be in downtrend since making a high of 298.7 on 14-10-2009. On 26th March, the downtrendline drawn since 14-10-2009 is broken but immediatelt next day a big dark candle appears as bearish engulfing pattern. Under the circumstances, I want to know how the buy trigger has been given with a far ahead target of 198.35.
I shall be grateful to learn. Regards!
-Anoop Kumar
'JAI BABA'
Stock Futures (Positional) For 30th Mar. 2010
NEW BUY / SELL TRIGGERS
Code:
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NAME CMP SIGNAL S/L TARGET
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PUNJLLOYD 178.00 BUY 177.10 198.35
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All CMP & S/L Mentioned Are Based On Spot Prices, Therefore Adjust Stock Future Prices Accordingly.
Traders Are Free To Make Their Own Judgement About Entry,S/Ls & Exits Because Things Can Change Very Fast During The Market Hours.
For Stock Futures Segment It Is Not Advisable To Trade If You Have Less Than 7.00 Lacs In Your Ledger,
If Total Margin Requirement For One Lot Is 3-3.5 Lacs.
Happy & Safer Trading
SavantGarde