Positional/intraday Trading Tips

[msiddique]

Hitesh,

All these calls are for intra day or i can hold them for more than one day ??

I too always go through the same doubts as above for Hitesh't tips. I have requested & suggested him in the past to always post the timeframe for his target (intraday/positional/delivery) & stop loss levels. He does post these two things alongside his tips occasionally, but many a times these are missing from his several tips.

I once again request Hitesh to post these 2 things always with each & every tip to clear the ambiguity factor from novice traders.

-Siddique

 

[hitesh sabharwal]

Tips for Wednesday, 23-May-2007

NIFTY(spot):If nifty trades above 4281 ,the target is 4293 and 4303.if nifty trades below 4267,short nifty for a target of 4242 and 4230.

RCOM:ALL targets hit above 503 yesterday as written.Now,today
If trades above 527,the target is 535 and 539.the major support is 512.
Buy on dips also.

RELCAPITAL:The support is at 974 and 940,buy on dips.

TATAMOTORS : Yesterday couldnt sustain above 739 and it came back to 724.Now,for shorts the target is 714 and is major support too.below 714 if trades the target is 708.

BHARTI:Yesterday asked to short at higher levels,it dipped first and hit 842,our target was 844 and then rallied in the end.Now,today short it if doesnt trade above 868 for a target of 846 and 838.buy only if trades above 871.

INFOSYS:It was excellent trade yesterday also,all target hit again.Now today,if trades below 1965,the target is 1926.break below 1926,this stock will crack.Buy only if it trades above 1986.

IFCI: if trades below 48.2,short it for a target of 45.5.buy only if trades above 50.6.

ONGC:Now,if trades below 939 today,it will come down to 916 and 910 levels.

TCS:Below 1245,it touched 1221 yesterday.Now today, If TCS trades below 1245,the target is 1215.anyday,any closing below 1214 will make this stock reach 1185 levels.

SATYAM: 447 and 462,trend deciding levels.
Above 462 if trades,just buy and enjoy the ride. And if trades below 447,the target is 441.below 439 if trades,a major crack will come.

SBI:Yesterday asked to short it and below 1344,it came down to 1321.Now,today,short it if trades below 1344 for a target of 1309 and 1286.

TAKE NOTE:

INOX:See our inox,buy call given at 132 with a target of 146 and 152.today,if trades above 139,152 and 155 will hit soon.

SRF:Buy if it trades above 172 with a stoploss of 166 for a target of 177,179 and 185.

BAJAJHIND:If trades below 176,short it with a stoploss of 184,the target is 167 and 163 .

AIR DECCAN:If trades above 141,buy for a target of 151 and 155.short it only if trades below 138 for a target of 131 and 125.

 

[kpthakershy]

SRF is trading above 174 and i have bought good amount of share..as per ur call for srf - buy if trade above 172

 

[buysellstocks]

SRF is trading above 174 and i have bought good amount of share..as per ur call for srf - buy if trade above 172

i guess that the stock has an intraday support around at 169.

 

[hitesh sabharwal]

sbi asked yesterday to short
below 1344,first target hits at 1309. airdeccan asked yesterday to short below 138
target 130 hits.

 

[hitesh sabharwal]

inox touched 153

 

[Dev Mookerji]

Hi Hitesh,

are u online? i willbe nice to contact u.

dev

 

[hitesh sabharwal]

ongc target hits,airdeccan touched 126.
first earned 25% in longs in airdeccan and 10% in shorts now.35% in just 4 days.[:d]

 

[hitesh sabharwal]

yaa,dev,drop ur yahoo id but[thats for paid clients].

 

[kpthakershy]

Whats the call on SRF now..it is continously trading above 172.05 levels...wats the target for it