Monday, November 19, 2007

day trader...

TRADING STRATEGY :19th November'07




NIFTY FUTURE :

Above 5967.....will take to 6012 level, if crosses 6013 will take nifty to 6075 in hours all around buying at this level expect huge short covering in nifty futures @ this level...buy nifty with sl 5882 if breaks target 5867,5850 level...if 5810 breaks in low level avoid long position.



TOP PICKS OF THE DAY ::::: ( 2 stocks)


HERO HONDA : buy with SL 689, 680 with target 715.5, 730 level

PNB : buy with sl 580 with target 620, 629 for intraday.. buy for investment with target 750 rs in 2 months time frame....


BUY CALL :

SATYAM COMP :
buy above 436 with target 451 ...


IDFC :
buy with sl 189 with target 204 ...if 204 crosses tl 216 on intraday...

EXPECT PROFIT BOOKING IN BANK STOCKS , AVOID BUYING BANK INDEX IF OPEN WITH HIGH GAP OPENING , EXPECT CORRECTION IN BANK STOCK ON INTRADAY . IF ASIAN MARKET OPENS WEAK ....BUY FERTLIZER STOCKS ON RALLY ....

ITC : HUGE VOLUME IS BUILDED IN THIS SCRIP, BUY THIS STOCK WITH SL 197 WITH TARGET 208 , 215 ...

HIND UNI
LEVER : buy this above 203 with target 208 , with sl 199.

SELL CALL:

UNION BANK : sell below 182 target 178, 175 with sl 185

IDBI : sell below 163.5 target nearly 158.55 with sl 166

SBIN : sell below 2276 target 2228 in few minutes , expect panic selling @ this level , sharp fall expected at this level . expect huge unwinding in this scrip below 2276 level....

bharti airtel : sell below 890 target 875 in few minutes , panic selling is expected ...



Disclaimer :tradingcallonline.blogspot.com an independent publisher of Trading and Investment advice provided for the education of traders and investors.The newsletter is an information service only..Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved.The information provided herein is not to be construed as an offer to buy or sell securities of any kind.We do not assume any responsibility or liability resulting from the use of such information, judgements and opinions for Trading or Iinvestment purposes.

No comments: