Market direction depends on opening. Due to expiry difficult to predict.
Thursday, January 31, 2008
Wednesday, January 30, 2008
Nifty Index 30-01-08
Go long only above 5400, Sell at high (if Nifty traded below 5379) and buy on deep.
Monday, January 28, 2008
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.
Thursday, January 24, 2008
Tuesday, January 22, 2008
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
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
Monday, January 21, 2008
Friday, January 11, 2008
Thursday, January 10, 2008
ONGC
Downside Breakout Signal - 1285-1290 , Target = 1260-1228
Upside Breakout Signal -1315-1320 ,Target = 1353
Wednesday, January 9, 2008
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
* 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
Tuesday, January 8, 2008
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
Bharti only above 931
Bagfilms
Lupin
Ster
L&T
Swan Mill
Negative
Infosys For Target 1500
Please use strict stoploss monday close price
Monday, January 7, 2008
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