Get Regular Updates via Email (Its free !!)

Close

Tuesday, 12 March 2013

Todays Trades 12 March–4 winning trades

Readers

Today, all trades profitable as per the levels in the pre-market calls.

Pre-Market Calls.

**********************************************************
1. ICICI Bank – Sell below 1127 for target of 1118. Below 1118, stock could slide by another 10-20 points. SL for shorts is 1140.

2. Maruti – Sell below 1412 with SL of 1427. Below 1405, the stock will further slide.

3. L&T – Buy above 1525 for target of 1530- 1550. SL is 1492. Please do not buy into the spike of IIP news. Do not sell L&T below the SL, since L&T recovers typically  even if IIP news is bad. Another condition for long trade in L&T is Nifty crossing 6000.

4. Infosys – Sell below 2930 with SL at 2945. Target is 2920.

5. SBI- Sell below 2190 with SL at 2206.
**********************************************************

Actual Trades as of 01:30 PM

1. ICICI Bank - Sold at 1126 and covered at 1119. Success

2. Maruti - Sold at 1410 and covered at 1405.

3. L&T - Buy above level not triggered. Days high at 1421. As I wrote in the pre-market call, L&T recovered sharply from days low.

4. Infosys - Sold at 2928 and covered at 2920.

Hope everyone enjoyed the trades. I will post selected charts after market closing.

4 comments:

Share

Twitter Delicious Facebook Digg Stumbleupon Favorites More