Positional/intraday Trading Tips

biyasc · #**301** 16th May 2007, 03:30 PM

[quote=hitesh sabharwal;90450][b][u]

RELCAPITAL:if trades below 822,short it for a target of 811 and 802.if trades above 824,remain long for a target of 840.

what you will say about this call?

you recommend to go long above 824, target 840. at the opening bell the price was at 833, so its bullish as you said. now the stock fall to 820.

you said that below 822 go short, target 811. from 820 its again move upto 840. so what you can say about that.

you can say that "target for RELCAP achived. enjoyyyyyyyyyyyyyy".

rahulb110 · #**302** 16th May 2007, 04:43 PM

hitesh, i have a nifty buy @ 4190(open int)...is it ok to hold it long tomorrow or it is wise to come out tomorrow and short the positions...please suggest

biyasc · #**303** 16th May 2007, 04:49 PM

Quote:

Originally Posted by rahulb110

hitesh, i have a nifty buy @ 4190(open int)...is it ok to hold it long tomorrow or it is wise to come out tomorrow and short the positions...please suggest

hi rahul, why you have bought when you are not sure about the trend. it is better to ask first then take position.

rahulb110 · #**304** 16th May 2007, 04:57 PM

ya biyasc, i understand that...its just that nifty was showing a upward trend at that moment coz of which i bought.....

biyasc · #**305** 16th May 2007, 05:03 PM

Quote:

Originally Posted by rahulb110

ya biyasc, i understand that...its just that nifty was showing a upward trend at that moment coz of which i bought.....

thats good.

rahulb110 · #**306** 16th May 2007, 05:06 PM

biyasc, i understand that it was not a correct move....can you please guide on this and let me know how do you exepect the trend tomorrow

thanks

knag · #**307** 16th May 2007, 05:51 PM

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hitesh sabharwal · #**308** 16th May 2007, 06:13 PM

bisac,uppar dekho,u cant see,above ur post,i have posted that if nifty trades above 4148,shortsellers should exiy.besides that,for 2 mins even nifty never traded below 4116,i write and explained earliar also,it should trade above/below some level and you should see volumes.

forget all this,4148 written,stoploss triggered.loss booked in nifty,it was written above your post.yaar,comment karne se pehle dekh liya karo.

V Tyagi · #**309** 16th May 2007, 06:26 PM

I just want to know that a free tips site name "http://indianstocksnse.blogspot.com" is reliable or not.

hitesh sabharwal · #**310** 17th May 2007, 03:27 AM

NIFTY(spot):If nifty trades above 4188,the target is 4205.if nifty breaks and trades above 4212,keep your longs open.

RCOM:if it trades above 498,buy it for a target of 510 and 516,stoploss for longs is 489.

RELCAPITAL:if trades above 837, target is 855 and book profits here.if trades below 832,short it for a target of 814.

TATAMOTORS:As told yesterday,buy above 726,now,if trades above 735,the target is 744 and if further trades above 746,the target is 757.

BHARTI:As told day before yesterday to buy bharti,whenever it crosses 838,now remain long above,848,the target is 855 and 867.

INFOSYS:if trades below 1946,then only short for a target of 1916.if trades above 1952,don’t short but avoid trading rather buying I.T stocks.

IFCI: if trades below 47.3,short it for a target of 46 and 45.buy only if trades above 49.5.

ONGC:Buy with the stoploss of 896.target is 912,917 and 923.if trades above 912,will hit 917 and 923 and 928.a closing above 924,target is 939.

TCS:all shorting targets achieved yesterday,1210 of our target was hit bulls eye.
Now for Today,if it trades below 1215,then only short,if it trades above 1227,avoid shorting at all.Don’t buy I.T stocks,avoid trading.

BAJAJHIND:don’t buy,rather short it it if doesn’t trade above 181 and 183 is last stoploss for bigger traders.on a gap up,short near 178-179 with above stoploss,targets 174 and 171.

SBI:At higher levels,exit longs,highly overbought.tommorow’s major support at 1250.

TAKE NOTE:
AIRDECCAN:Buy with a stoploss of 115,first target is 122.if trades above 124,it will catch fire and will go upto 128 and 133 will come in 2-3 days.[take deliveries or buy futures]

INDIABULLS:if it trades above 578,buy indiabulls for a target of 594,now,if it trades above 594,remain long.

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