Searching for 2-3% per trade possible net profit

[umeshmandal]

The following seems good for shorting tomorrow for 1% target same day

Sell them below these levels :
BIOCON 430
HEXAWARE TECHNOL 214
JUBILANT FOODWORKS LTD 1386
MINDTREE LIMITED 1353
SKS MICROFINANCE LTD 461.45


The following seems good for Longs tomorrow for 1% target same day

Long above these levels :
CAIRN 240
DISHTV 70.35
MCLEOD RUSSEL 222.6
NMDC LTD. 141.25
SESA STERLITE LTD 205.15
STRIDES ARCOLAB 942
TATA STEEL LIMITED 405.15

All are Futures levels !

 

[praveen taneja]

Waiting for your posts sir..!! Will help newbies like me

Bro I am myself a newbie waiting to learn sureshot kill of 2-3% profit constantly

 

[praveen taneja]

The following seems good for shorting tomorrow for 1% target same day

Sell them below these levels :
BIOCON 430
HEXAWARE TECHNOL 214
JUBILANT FOODWORKS LTD 1386
MINDTREE LIMITED 1353
SKS MICROFINANCE LTD 461.45


The following seems good for Longs tomorrow for 1% target same day

Long above these levels :
CAIRN 240
DISHTV 70.35
MCLEOD RUSSEL 222.6
NMDC LTD. 141.25
SESA STERLITE LTD 205.15
STRIDES ARCOLAB 942
TATA STEEL LIMITED 405.15

All are Futures levels !

Thank you bro for sharing but all I want to learn is getting 2-3% constantly and cant say till when you suggest us stock so better can you post here for newbies like me how you got these stocks and tgt

 

[Buzzstop]

Follow the (narrow range trading) NR7 & NR21 trading strategies. This should help you in shortlisting stocks which have the potential to move up or down 2-3% intraday.

There are posts on NR7 & NR21 on traderji and as always google is your best friend.

 

[praveen taneja]

Follow the (narrow range trading) NR7 & NR21 trading strategies. This should help you in shortlisting stocks which have the potential to move up or down 2-3% intraday.

There are posts on NR7 & NR21 on traderji and as always google is your best friend.

Bro so you mean keep eye on NR7 or NR21 stocks and on a break out enter in that Am I right???

 

[Buzzstop]

Yes,
Identify the stocks that are the the NR7 or NR21 range by studying the EOD charts. (use the NR21 AFL in amibroker)

Next day buy if the stocks go higher or short if they fall

Set a trailing stop-loss to minimize your risk.

There used to be a thread giving a list of the NR patterns for the next day but I think it has been shut down due to the SEBI rules.

Im trading only this strategy and has given me consistent returns.

 

[akshaysoneji]

I am nowadays thinking of trades that can give 2-3% and for that thinking to trade only blue chip nifty stocks

like if i have 150000 would devide that in 5 stocks and buy half at a time and half on a down of 5% sl is 2% and tgt 2-3% any view

Many shares show low book value and high market price
for eg-
Asian Hotels(North)
market price - 117
book value - 412

so theoretically this company is sure profit making opportunity
so why does this happen and should i buy this share

 

[mohan.sic]

I am nowadays thinking of trades that can give 2-3% and for that thinking to trade only blue chip nifty stocks

like if i have 150000 would devide that in 5 stocks and buy half at a time and half on a down of 5% sl is 2% and tgt 2-3% any view

Trade Nifty options u can easily make. :console: