Markets will still be volatile until Thursday. Book profits as soon as you see them. Nifty is facing resistance at higher levels around 5530 levels and the tendency for traders to go long seems to be limited. Hence stocks are not able to sustain at higher levels. Expiry is further adding to volatality. Nifty will resume bullish upmove above 5560. A fall below 5480 will be negative for the entire market if that happens.
Please take positions only after 9:30 AM. Please do not enter into any fresh trades after 3:00 PM.
Please do not trade blindly on these levels. A buy position should be supported by charts giving positive signals. A sell position should be supported by charts giving negative signals. Please see real trades in earlier posts to understand how an intraday long or short is created.
Real Trades Update
Trading Videos
Any significant news which affects individual stocks or overall market direction will invalidate the technical analysis behind the above views. In such a situation use real time charts to trade.
All the views and contents mentioned in this blog are the personal observations of the author and is in no way a recommendation for the readers to enter into trades of stocks/futures. The author do not accept any liability/loss resulting from the use of any content from this blog. Any act of trading performed by readers should be at their own discretion and neither the author or the sources mentioned in the blog will be responsible for the outcome.
Subscribe for the posts in your favorite reader. Please click on the RSS button in the home page.
| Scrip | Action | Above | Below | Target 1 | Target 2 | SL | Remarks |
| BHEL | Buy | 125 | 127 | 129 | 121.5 | ||
| Maruti | Buy | 1320 | 1330 | 1340 | 1300 | ||
| Ranbaxy | Buy | 405 | 409 | 412 | 399 | ||
| L&T | Buy | 750 | 755 | 758 | 745 | ||
| Axis Bank | Sell | 928 | 912 | 900 | 946 | ||
| ONGC | Sell | 266 | 263 | 258 | 270 | ||
| Tata Steel | Sell | 273 | 271 | 269 | 279 | ||
| DLF | Sell | 134 | 131 | 128 | 138 | ||
| Bharti Airtel | Sell | 303 | 298 | 294 | 310 | ||
| SBI | Sell | 1540 | 1520 | 1500 | 1565 | ||
| Cipla | Sell | 391 | 389 | 387 | 396 |
Please take positions only after 9:30 AM. Please do not enter into any fresh trades after 3:00 PM.
Please do not trade blindly on these levels. A buy position should be supported by charts giving positive signals. A sell position should be supported by charts giving negative signals. Please see real trades in earlier posts to understand how an intraday long or short is created.
Real Trades Update
Trading Videos
Any significant news which affects individual stocks or overall market direction will invalidate the technical analysis behind the above views. In such a situation use real time charts to trade.
All the views and contents mentioned in this blog are the personal observations of the author and is in no way a recommendation for the readers to enter into trades of stocks/futures. The author do not accept any liability/loss resulting from the use of any content from this blog. Any act of trading performed by readers should be at their own discretion and neither the author or the sources mentioned in the blog will be responsible for the outcome.
Subscribe for the posts in your favorite reader. Please click on the RSS button in the home page.
To get email updates, subscribe by clicking Subscribe via email.
1 comments:
Hey, thanks for the information. your posts are informative and useful.
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