Reminiscences of a Stock Operator

It takes a man a long time to learn all the lessons of all his mistakes. They say there are
two sides to everything. But there is only one side to the stock market; and it is not the
bull side or the bear side, but the right side. It took me longer to get that general
principle fixed firmly in my mind than it did most of the more technical phases of the
game of stock speculation.

"Reminiscences of a Stock Operator"

Nifty Spot 10-12-08

Sensex Chart

Bear market can see around 10,000 this year

ESSAROIL

ESSAROIL Sl-188 target 208

TCS

TCS Sl-855 Target -820

ZeeNews

Zeenews buy above 41 target 46 and 50

RELIANCE INFRA

Buy Reliance Infra Target near 1000-1200, SL 660

Short term trade for 23rd April

NDTV, DIVISLAB, IOB, PAEL buy above 22nd high Sl 22nd low and sell below 22nd low Sl 2nd high.

Nifty 26-02-08

Nifty 25-02-08

Chart by Most Senior and respected TA Mr. Shree Prakash

Tatapower

Tatapower SL 1150 target 1344, 1416 and 1600

Prism Cement

Buy above 48 SL 44 Target 54 and 65

Nifty Index 21-02-08

Good above 5300

Nifty 18-02-08

Publish Post

Market may correct heavily again due to strong resistance on higher level,so book profit on rise and avoide fresh buying.
Buy only above 5400 and keep sl of 5400.
Buy few OTM Put to hedge your porfolio and low risk high reward

NIFTY INDEX 15-02-08

Above 5200 Target 5286 ,5380 and 5546

15-02-08

Buy if open above yesterday close and use strict SL yesterday close

REL 14-02-08

REL only above 1575 Target 1640, 1730, 1810 and 1900

Nifty Index 14-02-08

Trade acording to Breakout direction.

Short term Pick 0702-08

BPCL Above 430 SL 428 Target 453,478

CHAMBLFERT Above 63 SL 62 Target 69, 80

GTL Above 268 SL 267 Target 278, 300

GLENMARK Above 500 Sl 497 Target 530, 625

MORGANSTAN Above 58 Sl 57 Target 61, 65, 70

SALSTEEL Strickt SL 19 TArget 23, 25, 27

indiacem

Buy above 215 Target 222, 240
Short below 200 Target 165

RNRL

Long above 145 SL 142 for target 163, 183.
Short below 138 SL 143 Target 118, 78

Reliance Industries

Publish Post





Only buy above resistence and use resistence line as stop loss. If goes down then short below support and use that level as SL.

Nifty Index 31-01-08

Market direction depends on opening. Due to expiry difficult to predict.

Nifty Index 30-01-08

Go long only above 5400, Sell at high (if Nifty traded below 5379) and buy on deep.

Nifty Spot 27-01-08

Nifty Sharp up move and falling volumes is not a good sign. Nifty can touch 5600-5700 level. Better to exit all longs and wait for another dip 4500-4000 for fresh buying. if nifty go above 5600 then use strict sl of 5600. If open negative then exit.

Nifty Index 24-01-08

My views are positive for nifty index.
Trade acording to Charts level.

Jesse Livermore

The speculator's chief enemies are always boring from within. It is inseparable from
human nature to hope and to fear. In speculation when the market goes against you you
hope that every day will be the last day and you lose more than you should had you not
listened to hope to the same ally that is so potent a success-bringer to empire builders
and pioneers, big and little. And when the market goes your way you become fearful
that the next day will take away your profit, and you get out too soon. Fear keeps you
from making as much money as you ought to. The successful trader has to fight these
two deep-seated instincts. He has to reverse what you might call his natural impulses.
Instead of hoping he must fear; instead of fearing he must hope. He must fear that his
loss may develop into a much bigger loss, and hope that his profit may become a big
profit. It is absolutely wrong to gamble in stocks the way the average man does.

Jesse Livermore

Nifty Index 22-01-08

Nifty Index 21-01-08

See My 9th January post

No fresh buying. Only wait and watch

ONGC

Downside Breakout Signal - 1285-1290 , Target = 1260-1228

Upside Breakout Signal -1315-1320 ,Target = 1353

BARTRONICS

CMP- 265.80 ,SL -260 on closing basis, Target - 278, 294, 342

Nifty Spot 9-1-2008

Please take profit on your profit. Nifty can correct hevely.
Use strict Stoploss on your holing. Avide fresh buying.
Buy some low cost Nifty Put for good profit an low loss.

Strategy for 9-1-2008

* INDIACEM - Short below 270.
* ZEEL - Short below 303.50.
* KPIT - Short below 120.


* GLAXO 1090 FOR 1105,1125,1160 SL 1075
* HDFC BANK 1715 FOR 1730,1745,1775 SL 1700
* POLARIS 130 FOR 136,142,151 SL 125
* SBIN 2465 FOR 2500,2540,2585 SL 2421

Stock for This week

Positive
Titan
Bharti only above 931
Bagfilms
Lupin
Ster
L&T
Swan Mill

Negative
Infosys For Target 1500


Please use strict stoploss monday close price

TITAN

Buy On declines till 1620...SL 1600 TRGT 1700-1800.

Vandana