Rupee is tanking and taking NIFTY along with it. Some of it may be international but a lot of it is home grown. We as a society have failed to produce leadership which can see beyond their nose and wasted interests.
Asian markets are down so should be us in the morning half. May be sellers get tired today afternoon or tomorrow . One needs to watch leaders like RELIANCE ,SBI, ICICIBANK,HDFCBANK, HDFC etc if they are able to defend yesterdays lows.
Trade light with stop losses placed in.
short GSPL 53.1 - 53.8 stop 55
short AUROpharma 175-176 stop 178
short exideind 126.5-127 stop 129
short idea 161.5-162.5 stop 165
buy PFC after it has traded above 117.5 for sometime between 117-118 with stop 114
NR7+ watch
STOCK_NAME TRIG_DATE INDICATOR CALL PERIOD TEST_DES
IGL 8/21/2013 NR7+ WATCH DAILY *Inside Day + SRD: 1 , NR18 ,High: 267.4 ,Low: 260.25
GODREJCP 8/21/2013 NR7+ WATCH !! DAILY *Inside Day + SRD: 2 , NR38 ,High: 831.8 ,Low: 816.0
GRASIM 8/21/2013 NR7+ WATCH_QQ DAILY SRD: 1 ,NR12 ,High: 2348.6 ,Low: 2294.35
BHARATFORG 8/21/2013 NR7+ WATCH DAILY SRD: 1 ,NR14 ,High: 227.0 ,Low: 219.15
Asian markets are down so should be us in the morning half. May be sellers get tired today afternoon or tomorrow . One needs to watch leaders like RELIANCE ,SBI, ICICIBANK,HDFCBANK, HDFC etc if they are able to defend yesterdays lows.
Trade light with stop losses placed in.
short GSPL 53.1 - 53.8 stop 55
short AUROpharma 175-176 stop 178
short exideind 126.5-127 stop 129
short idea 161.5-162.5 stop 165
buy PFC after it has traded above 117.5 for sometime between 117-118 with stop 114
NR7+ watch
STOCK_NAME TRIG_DATE INDICATOR CALL PERIOD TEST_DES
IGL 8/21/2013 NR7+ WATCH DAILY *Inside Day + SRD: 1 , NR18 ,High: 267.4 ,Low: 260.25
GODREJCP 8/21/2013 NR7+ WATCH !! DAILY *Inside Day + SRD: 2 , NR38 ,High: 831.8 ,Low: 816.0
GRASIM 8/21/2013 NR7+ WATCH_QQ DAILY SRD: 1 ,NR12 ,High: 2348.6 ,Low: 2294.35
BHARATFORG 8/21/2013 NR7+ WATCH DAILY SRD: 1 ,NR14 ,High: 227.0 ,Low: 219.15