Delivery Based Trades

[bigbullinside]

I have started a thread with futures trades and now I am going to post cash based trades.
Here we will look at scripts in BSE Midcap index.
Those of you who want to trade in Large caps can view my futures thread and trade on cash basis.
No doubt some of the scripts will overlap in both the threads.

Again all the rules apply to these trades also.

Enter only if prices close above or at the entry levels on both the exchanges.

Follow strict Stop Loss.


And maybe we can make some money through this strategy.
Here I would like to urge you guys to take some positions based on these levels as the losses (if they occur) will be minimal as compared to the futures trades that I have posted in my other thread.

Since these are delivery based trades, there cannot be any shorting.
So only long trades will be posted here.
Traders who feel that market conditions are not favorable to enter into longs, can choose to ignore the calls.

 

[bigbullinside]

Buy Wyeth on declines as there might be some profit booking tomorrow.
Or if you are more of a risk taker, then go for it straight away.
Closed above the trigger level of 854.1 with a target of 910.
S/L will be 824.
Let's see how it goes.

Now this is for very high risk takers
Himadri Chem
Buy only if it closes above 45.5
with a stop of 42 and a target of 48/54