Wednesday, December 11, 2013
Tuesday, May 26, 2009
Rules to Remeber & Follow ALWAYS
9:31 PM
MTP Research
Hello all,
Welcome. Broadly there are two support & resistance now. 4050 will be support & 4275 will be the next resistance which I feel is likely. Still the trend is intact & that is Up. So any dip till support & bounce will be the good opprtunity to buy, till the time it does not close below the support. Here are some stock(s) to trade for tomorrow i.e. for Wednesday, 27th May, 2009.
1) Sell TATACOMM with the SL of 575 for the targets of 520 / 495 / 460 and the range is 47 /-
So trade cautiously & safely. Happy Niftying.
Thanks & Regards
Avinash Raste
Welcome. Broadly there are two support & resistance now. 4050 will be support & 4275 will be the next resistance which I feel is likely. Still the trend is intact & that is Up. So any dip till support & bounce will be the good opprtunity to buy, till the time it does not close below the support. Here are some stock(s) to trade for tomorrow i.e. for Wednesday, 27th May, 2009.
1) Sell TATACOMM with the SL of 575 for the targets of 520 / 495 / 460 and the range is 47 /-
So trade cautiously & safely. Happy Niftying.
Thanks & Regards
Avinash Raste
Monday, May 25, 2009
Rules to Remeber & Follow ALWAYS
8:37 PM
MTP Research
Hello all,
Welcome. Nifty is trading between the wide range of 4100 to 4600. There is a strong support at 4200 & 4100 as well. we don't see any major breakout in Nifty for the time being. It may touch 4600 and come back and might touch 4200 in near term. Basically the range will be these 400 points, which will be difficult to trade. Proffesional traders can take this as an opportunity though. This differ from person to person, how he/she can take the advantage of this broad range. There are no stock(s) recommended today. Trade safely & happy niftying.
Thanks & Regards
Avinash Raste
Thursday, May 21, 2009
Rules to Remeber & Follow ALWAYS
9:41 PM
MTP Research
Hello all,
Welcome. The movement and direction clearly tells us that Nifty is trying to find its support. If this move continues, then there might be a problem. If in any case, it closes below 4170, then it might come down to 3900 or more. But the level of 4170 should come within 2 / 3 trading days. That means on or before coming Tuesday, 26th May, 2009. Now let us see how & whre it heads. In other words, we should not carry any longs in any circumstances if it closes below 4170. So be careful & cautious. Trade safely. Happy trading.
Here are some stock(s) to trade for tomorrow i.e. Friday, 22nd May, 2009. Trade with proper & tight SL.
1) Sell SUNPHARMA with the SL of 1328 for the targets of 1250 / 1225 / 1200 & the range is 168 /-
2) Buy BALAJITELE with SL of 48 for the targets of 56 / 61 / 64 & the range is 6 /-
Thanks & Regards
Avinash Raste
Wednesday, May 20, 2009
Rules to Remeber & Follow ALWAYS
11:16 PM
MTP Research
Hello all,
Welcome. Another sideways movement day. Traders are confused as after so much of volatility it does not give any clear direction. Well resistance is still there at 4650 which it did not cross. And there is support at 4050. We have to see whethere it breaks or not.
Here are some stock(s) to trade tomorrow that is on Thurseday, 21st May, 2009. Please trade cautiously with proper and tight SL.
Happy trading
1) Sell INFOSYSTCH with SL of 1590 for the targets of 1500 / 1460 / 1410 and the range is 134 /-
Thanks & Regards
Avinash Raste
Tuesday, May 19, 2009
Rules to Remeber & Follow ALWAYS
8:30 PM
MTP Research
Hello all,
Welcome. There is a saying in sanskrit, " Na Bhooto na Bhavishyati " which means neither happened in the past nor will happen in future. Yes, the upper circuit is an event which is unusal for an Indian trader & invester. But it happened on Monday making it " The Golden Monday. " We have already mentioned in the earlier post here that 3800 will come first & then 3480. But it has done something so unusual & amazing which none has expected even in wildest dream. Now the correction will be done in its due course of time. Market will do the needful as now there is no fear of uncertain government. With stable govt. market will act in its natural way. trend is clearly up. Any dip will be the buying opportunity. There is a small resistance at 4650 / 4700. One has to be cautious overthere. For further clear strategy we have to wait for a day or two as market can still give us surprise.
Here are some stock(s) to trade tomorrow i.e. on Wednesday, 20th May, 2009.
1) Sell Glaxo with the SL of 1160 for the target of 1070 / 1025 / 950 & the range is 43 /-
Please keep a tight SL and trade. Have a nice & safe trading day tomorrow. Happy trading.
Thanks & Regards
Avinash Raste
Welcome. There is a saying in sanskrit, " Na Bhooto na Bhavishyati " which means neither happened in the past nor will happen in future. Yes, the upper circuit is an event which is unusal for an Indian trader & invester. But it happened on Monday making it " The Golden Monday. " We have already mentioned in the earlier post here that 3800 will come first & then 3480. But it has done something so unusual & amazing which none has expected even in wildest dream. Now the correction will be done in its due course of time. Market will do the needful as now there is no fear of uncertain government. With stable govt. market will act in its natural way. trend is clearly up. Any dip will be the buying opportunity. There is a small resistance at 4650 / 4700. One has to be cautious overthere. For further clear strategy we have to wait for a day or two as market can still give us surprise.
Here are some stock(s) to trade tomorrow i.e. on Wednesday, 20th May, 2009.
1) Sell Glaxo with the SL of 1160 for the target of 1070 / 1025 / 950 & the range is 43 /-
Please keep a tight SL and trade. Have a nice & safe trading day tomorrow. Happy trading.
Thanks & Regards
Avinash Raste
