Today's Buy Levels

[uasish]

Out with Rs 2.00 gain.

 

[uasish]

Will Long Tata Motors with 525.45 Stop.

 

[uasish]

Nifty Fut (-) 0.24 % & Telco (+) 1.54 %

 

[uasish]

HCC if can get around 107.00 a good 40 % upside can be expected with 10 % Stop.

Holding for 3 months .

 

[uasish]

Tata motors is for Swing expecting 580 to 600.

Bought Cipla for Swing.

 

[uasish]

Sold everything in LOSS.May enter at Lower Levels.

 

[skarpio]

@ashishda: IFCI is holding firm, what is your take on this?

 

[uasish]

skarpio,

IFCI in 60 min chart has made 3 Highs at 65.00 / 62.50 & last one 62.30.
Similarly 3 Lows at 57.50 / 57.40 & last one 56.15.
Hence as per Saint's method IFCI is in Downtrend.
Now if it can make a Lower High (which i think yesterday's 3pm bar's High
@ 59.45 may qualify ) with another Higher Low than 56.15 then it can
Qualify as a Long Set-Up.
After that breaking the High may be our Buy & we may then look at ( 5 or
10 mins chart) for Entry point with Stop (1 tick below ) that Higher Low.
This is as per Saint's method.
It has closed the Gap formed by yesterday's Opening Bar in comparison to
Friday's closing bar.
I think to-day it may take support at 57.95 to 57.50 region if that really
happens then the Stop would be 56.95 for any Long.

Asish

N.B. The chart of Bank of Baroda seems interesting for any Long the Stop is 219.95 for 1st 15 mins.

 

[skarpio]

[...]
I think to-day it may take support at 57.95 to 57.50 region if that really
happens then the Stop would be 56.95 for any Long.

Asish

N.B. The chart of Bank of Baroda seems interesting for any Long the Stop is 219.95 for 1st 15 mins.

Mostly crystal clear. Beats me why there's a support at 57.95? Also,will watch if 56.15 is taken out or not.

BANKBARODA -- doesn't it need to fill the recent most gap between 224 and 240 (roughly)?

 

[uasish]

Yup i am expecting that today in BoB,the 57.95 is the High of 1.30pm's bar in 10 min chart of IFCI.