Rules to Remeber & Follow ALWAYS

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

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Rules to Remeber & Follow ALWAYS

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

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Rules to Remeber & Follow ALWAYS

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

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Rules to Remeber & Follow ALWAYS

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

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Rules to Remeber & Follow ALWAYS

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

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Rules to Remeber & Follow ALWAYS

Hello all,

Welcome. There is a huge volatility in the market, prior to the results of election. There are two major support & resistance. There is a strong suport at 3480 & a strong resistance at 3730. The momentum and global scenario suggests all of us that market is likely to continue its upmove with ofcourse due correction and that will be correction and not a down trend. But there is always a room for a surprise so we have to keep the doors open. Let us see and hope for the best & get prepared for the worst. Here are some recommendations for Monday, 18th May, 2009.

Stay calm & trade safely. Happry trading.

1)Buy IDEA with the SL of 61 for the targets of 68 / 70 / 74 & the range is 5 /-

Thanks & Regards

Avinash Raste

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Rules to Remeber & Follow ALWAYS

Hello all,

Welcome. The market has closed below 3610. Now one support is lying at 3480. Close below 3610 seems weak. Close below 3480 will confirm the down trend or end of the uptrend. Volatility might continue for another couple of days more. Compulsive traders may trade the volatilty, but with the strict & tight SL and this recommendation is only & only for professional traders and not for fresh trader. Here are some trading recommendations given, which is to be traded by professional traders only, freshe traders please wait for the result of election, let this volatility dry down a bit and let the market take a direction or trend again. Till then, happy trading & trade safely.

Recommendations for tomorrow i.e. 15th May, Friday, 2009

1) Sell CAIRN with the SL of 204 for the targets of 190 / 184 / 176 & the range is 13 /-

2) Sell HINDZINC with the SL of 557 for the targets 513 / 499 / 480 & the range is 38 /-

3) Buy PFC with the SL of 163 for the targets of 179 / 185 / 195 & the range is 12 /-
Thanks & Regards

Avinash Raste

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Rules to Remeber & Follow ALWAYS

Hello all,

Welcome. Nifty is making huge swings on both the sides. Movement at the end of the day might not be much but the volatility we are witnessing is tremendous. Now we have a support at 3610, break and close below which, will be the first indication of weakness. and any close above 3660 will be the indication of intact bull trend for atleast short term. Let me clearify one most important thing, even though the trend is strong, global cues are good, the crisis and the recession might be started slowing down, we have rallied nonstop from 2600 to 3750 almost without break. Which is significant upmove in a very short span of time. So after almost 44 % of rally, we can expect atleast a correction, if not a down trend again. Which might lead us to 3300 appx. untill then there bis no need to panick. Here are some stock(s) for tomorrow i.e. Thursday, 14th May, 2009.

1) Buy Pateleng with the SL of 189 for the targets of 220 / 240 / 255 & the range is 18 /-

Trade safely and cautiously with strict SL.

Happy trading,

Thanks & Regards

Avinash Raste

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Rules to Remeber & Follow ALWAYS

Hello all,

Welcome. We are witnessing the amazing volatility. And now it is going to increas as the election result is due on Satureday. And still the target remains the same, 3800. The downside support is at 3480. Here are some recommendations for tomorrow i.e. for Wednesday, 13th May, 2009.

1) Sell Jetairways with the SL of 216 for the target of 208 / 205 / 201 & the range is 13 /-

2) Buy Powergrid with the SL of 98 for the targets of 103 / 105 / 108 & the range is 4 /-

3) Sell Tatachem with the SL of 184 for the targets of 174 / 171 / 168 & the range is 9 /-

Trade safely according to the Rules To Trade and with Strict & tight SL.

Happy Trading

Thanks & Regards

Avinash Raste

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Rules to Remeber & Follow ALWAYS

Hello all,

Welcome. The market has a typical characteristic of giving surprise all the time. It has given a close well below 3600 and now the next big big support is 3475. any bounce and sustaining above 3600, might take us to 3800. Here are some recommendations for tomorrow i.e. Tuesday, 12th May, 2009.

1) Sell CESC with the SL of 258 for the target of 246 / 240 / 231 & the range is 12 /-

2) Sell Escorts with the SL of 24.5 for the targets of 22.7 / 21.7 / 20 & the range is 1.9 /-

3) Sell SBIN with the SL of 1340 for the targets of 1212 / 1166 / 1086 & the range is 71 /-

4) Sell UNITECH with the SL of 52.5 for the targets of 46 / 43.5 / 39.4 & the range is 4.85 /-

Read the RULE section once again.

Have a nice, happy & safe trading day.

Thanks & Regards

Avinash Raste

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Rules to Remeber & Follow ALWAYS

Hello All,

Welcome. As stated earlier, break of 3600 would have made a difference in the state of mind of a typical trader. But it broke and came back with a good buying. The break of 3600 and good close above 3600 made us assume that good buying is emerging from the lower levels. We might be wrong but looking at the momentum we can safely assume that 3800 will come first. So again we will see the open for 15 minutes and then we can go long. We should try and keep our positions for intraday only as the market will be very volatile as results of the election will be announced soon. Normal retailer may NOT sustain and play volatilty. After opening, if market sustains above 3630 / 3635, one can go long.

Here are some recommendations for tomorrow i.e. for Monday, 11th May, 2009.

1) Buy Cumminsind with the SL of 215 for the target of 225 / 230 / 235 & the range is 7.5 /-

2) Buy Escorts with the SL of 43.50 for the targets of 48 / 49 / 52 & the range is 2.80 /-

3) Buy Gtlinfra with the Sl of 31.5 for the targets of 34 / 35 / 36 & the range is 4.65 /-

4) Buy Neyvelilig with the SL of 96 for the targets of 107 / 111 / 118 & the range is 4.75 /-

Happy & safe trading

Thanks & Regards

Avinash Raste

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Rules to Remeber & Follow ALWAYS

Hello All,

Welcome back, what a rangebound day. Even though market was volatile, it failed to make a new low as well as new high. And we are keeping out, without any indication. Let us see where it moves tomorrow. If it breaks 3600, profit booking may start and if it breaks 3730 on the uper side it might lead to a new target of 3800. in short, we will wait for the direction i.e. a strong indication or signal. Here are some recommendations for tomorrow i.e. Friday, 8th May, 2009. Please read the RULE section properly and trade.

1) Buy Suntv with SL of 208 for the targets of 230 / 238 / 250 and the range is 16/-

2) Sell Hindunilvr with SL of 235 for the targets of 228 / 225 / 219 and the Range is 9 /-

Trade safely. Happy trading.

Thanks & Regards

Avinash Raste

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Rules to Remeber & Follow ALWAYS

Hello All,

Dear friends, welcome. In the post of 2nd May, it was clearly mentiond about the target of 3700, which was achieved today. The way it came down, shows the profit booking process is going on with pace. Now as far as 3600 holds, there should not be any problem. Break of 3600 and close below it, will start creating problems. But again, like we mentiond earlier, the real panick will start only if it closes below 3300 for consecutively two days.

We have mentioned earlier in the post of 4th May, that close above 3800 will lead to the optimistic target of 4000, which is looking hard to achieve at this point in time. Let us see, wait and watch. Market is supreme. Here are some recommendations for Thursday, 7th May, 2009. So till the next strong signal comes. . .have a nice time. Trade safely. Happy trading.

1) Buy GTL with SL of 254 for the targets of 259 / 260.5 / 262 and the range is 5/-

2) Sell IOB with SL of 64 for the targets of 60 / 58 / 59 and the Range is 4.50 /-

3) Sell NOIDATOLL with the SL of 30.5 for the targets of 28 / 27 / 25.5 and the Range is 2 /-

Thanks & Regards

Avinash Raste

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Rules to Remeber & Follow ALWAYS

Hello All,

Welcome. Like we all know, the market is in a strong trend. It is consolidating at these levels. It might come down a little bit also. But there will be no panick. There is no need to panick actually. The real panick will start only, if the Nifty closes below 3300 for consecutive two days atleast, and which is unlikely considering the mood and momentum of the market. For the uper side the targets remains the same which we posted in yesterday's post. So just stay calm, keep the trailing SL and ride the trend if you have any position. Only on dips one should go for fresh position. Till then we will wait for strong signals and here we have some recommendations for tomorrow i.e. Wednesday, 6th May, 2009. Again I am reminding all of you fine people to read the Rule section again & again & then trade. Keep tight Sl and trade safely. Happy trading.

1) Buy Adlabs with SL of 226 for the targets of 247 / 252 / 257 and the Range is 17 /-

2) Buy Balramchin with SL of 71 for the targets of 81 / 85 / 90 and the Range is 6 /-

3) Buy Hcc with the SL of 58 for the targets of 67 / 69 / 74 and the Range is 5 /-

4) Buy Indusindbk with the SL of 43 for the targets of 48 / 50 / 51 and the Range is 3 /-

Thanks & Regards

Avinash Raste

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Rules to Remeber & Follow ALWAYS

Hello All,
Very warm welcome again. In last post we have mentiond that if it closes above 3490 the first target will be 3620 and it opened above that. It almost touched 3670. Now we might touch the second target i.e. 3700. Considering the momentum in global as well as Indian markets we might go upto 3800. And close above that will lead to the first optimistic target of 4000, the magical figure. And yes..there are no signal as of now, which indicate the weakness. Let the weakness come and we will know about it. Ride the rally with real tight stoplosses. That is the only prudent way then looking for short selling in Nifty. It is already mentioned in the Rules section but still I am pointing again that trade with proper SL as we are on the upper band of market momentum. Here we have some recommendations for tomorrow i.e. Tuesday, 5th May, 2009. So trade wisely and safely. Happy trading.

1) Buy Finantech with SL of 730 for the targets of 830 / 565 / 925 and the Range is 60 /-
2) Buy Gujalkali with SL of 76 for the targets of 85 / 88 / 93 and the Range is 5.15 /-
3) Buy Hdfc with SL of 1825 for the targets of 2040 / 2120 / 2260 and the Range is 122 /-

Thanks & Rgards
Avinash Raste

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Rules to Remeber & Follow ALWAYS

Hello All,

Enjoying the long weekend ? Well, like we have mentioned in earlier post, after crossing 3430 on the upper side, the game was totally under control of Bulls. It has been significantly rallied upto 3483. Now the question is whether we can go long or not ? The answer is YES, but only after it crosses 3490 and sustains above that and if it closes above that, you can very well carry forward your position to next day as well. So for now the targets for Nifty on the upper side are 3620 & 3700 ONLY if it closes above 3490. And we have tremendously strong supports at 3350 and 3320. If it breaks and closes below 3350 even, it can go up to 3170 atleast.
But as of now the Nifty looks very strong. And we have some recommendations on Sell side. Well the system is a system. We have to follow that. So you have to trade with proper & tight SL.
Here we have some recommendations for Monday, 4th May, 2009.

1) Sell KTKBANK with SL of 85.60 for the targets of 80/77/74 and the range is 4.40 /-
2) Sell NETWORK18 with SL of 89.60 for the targets of 81/77/72 and the range is 5 /-

Trade safely and have a nice trading day. Happy trading.

Thanks & Regards
Avinash Raste

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Rules To Remember & Follow ALWAYS

Hello All,

Very warm welcome. Like we have mentioned in earlier post, it happned almost in th same way. Once it broke 3410 & showing weakness it closed well below that. But remember we have stated that below 3410 it will be weak and only below 3300, the signs of reversal will emerge. So bulls are still into the game. Close above 3430, and the game will be fully in favour of Bulls again.

This was a brief overview of Nifty. the stocks recommended yesterday were PIRHEALTH & SUNTV, position in SUNTV is still open and PIRHEALTH has gone up by more than 7 %. So we have booked the profit & closed the position according to our rules. ( See the link above ). So the day was great with huge profit.

And here we have some stock specific ideas & recommendations for Wednesday, 29th April, 2009

1) Sell Aban with the SL of 446 for the Targets of 380 / 365 / 334 and the range is 48 /-

2) Sell Triveni with the SL of 52 for the Targets of 47 / 45 / 41 and the range is 4 /-

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Rules To Remember & Follow ALWAYS

Hello All,
Like we have discussed earlier, market has gone up without breaking the supports, rallying upto 3520. Still the trend is up and very well intact unless it breaks 3410. Which will be the first sign of weakness. Which might turn into reversal if it breaks & closes below 3300. So be careful & trade with proper StopLosses. Happy Trading & Safe Trading.

Here are some recommendations for tommorow i.e. Tuesday, 28th April, 2009

1) Pirhealth Buy with SL of 210 For Targets - 228 / 232 / 240 and Range is 12 /-
2) Suntv Sell with SL of 195 For Targets - 183 / 179 / 172 and Range is 15 /-

Thanks & Regards
Avinash Raste

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Rules to Remember & Follow ALWAYS

Hello All.
As usual, again Reliance contributed a lion share for this rally. There is no recommendations for positional trades as market is very volatile & on the upper band. Whether it will go further up or come down nobody knows. It will be wise to avoid taking positions till another signal comes. Till then we will sit aside and with proper StopLosses we will continue riding our positions which has been recommended here earlier.
Further recommendations will be given here as and when the signal comes. Till then..take care & trade safely.
Regards
Avinash Raste

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Rules To Remember & Follow ALWAYS

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Rules to follow ALWAYS

Rule No. 1
Daily Technical Report for Nifty & Stocks, picked spcially for short term traders & intraday traders. All the stocks given below are NSE Stocks and levels are according to cash market and NOT as per futures market.
Rule No. 2
Intraday range is an average movement epected movment on that purticular day for that spcific stock. After 20 minutes of trade, in a positive market, you can safely take low as a base and calculate the range on upside and exectly opposite on a downday. ( After 20 minutes of trade, take high as a base price and calculate the range on the downside.
Rule No. 3
During the first minute of the market time, if any scrip given here achieves 1st & 2nd target levels OR hits the SL, then avoid trading in that scrip for that purticular day.
Rule No. 4
If the Stock(s) given for appx. 2 / 3 day's trading, achives 4 to 5 % gains within 3 days, you are strongly advised to trade & ride the stock with proper Trailing Stop Losses.So Please keep these four things in mind ALWAYS and trade with strict StopLosses, Happy Trading.

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Recommendations for Friday, 24th April, 2009

Hello All,

Welcome..Here we had one of the finest day in Dalal Street. Good recovery with a brekout again. Which might take us to the levels of 3500 & more. Reliance contributed a lion share in the recovery. Unless Nifty breaks 3300, weakness is unlikely.

Now lets turn to stocks. But before recommending the stock(s) for tomorrow, lets see the rules again..

Rules to remember always

Rule No. 1

Daily Technical Report for Nifty & Stocks, picked spcially for short term traders & intraday traders. All the stocks given below are NSE Stocks and levels are according to cash market and NOT as per futures market.

Rule No. 2

Intraday range is an average movement epected movment on that purticular day for that spcific stock. After 20 minutes of trade, in a positive market, you can safely take low as a base and calculate the range on upside and exectly opposite on a downday. ( After 20 minutes of trade, take high as a base price and calculate the range on the downside.

Rule No. 3

During the first minute of the market time, if any scrip given here achieves 1st & 2nd target levels OR hits the SL, then avoid trading in that scrip for that purticular day.

Rule No. 4

If the Stock(s) given for appx. 2 / 3 day's trading, achives 4 to 5 % gains within 3 days, you are strongly advised to trade & ride the stock with proper Trailing Stop Losses.So Please keep these four things in mind ALWAYS and trade with strict StopLosses, Happy Trading.And now the recommendation(s) for tomorrow i.e for 24-04-2009

BUY Renuka for the Target of 107 / 110 / 114 with the StopLoss of 100 and the range is 7.20

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Recommendations for Thursday, 23rd April, 2009

Hello All,

This blog has been started just yestereday. So could not post the recommendations for today. But just for the information. Yesterday there were two recommedations.
1) SellMaruti &
2) SellHavells, And both have corrected and achived two targets on closing basis.
4.4 % and 3.4 % respctively.

So now onwards if at all any recommendations will be there, it will be posted here but again we have to keep some RULES in our mind very very firmly. Here are some RULES and suggestions.

Rule No. 1
Daily Technical Report for Nifty & Stocks, picked spcially for short term traders & intraday traders. All the stocks given below are NSE Stocks and levels are according to cash market and NOT as per futures market.
Rule No. 2
Intraday range is an average movement epected movment on that purticular day for that spcific stock. After 20 minutes of trade, in a positive market, you can safely take low as a base and calculate the range on upside and exectly opposite on a downday. ( After 20 minutes of trade, take high as a base price and calculate the range on the downside.
Rule No. 3
During the first minute of the market time, if any scrip given here achieves 1st & 2nd target levels OR hits the SL, then avoid trading in that scrip for that purticular day.
Rule No. 4
If the Stock(s) given for appx. 2 / 3 day's trading, achives 4 to 5 % gains within 3 days, you are strongly advised to trade & ride the stock with proper Trailing Stop Losses.

So Please keep these four things in mind ALWAYS and trade with strict Stop Losses, Happy Trading.
And now the recommendation(s) for tomorrow i.e for 23-04-2009

1) Sell FSL - for the targets - 15.85 / 14.9 / 13.6 and SL - 17.85 and Range - 1.80 /-

Thanks & Regards

Avinash Raste

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Introduction

Hello All,
I am Avinash Raste. A very small part of Nivesh Corporation, an investment and trading advisory firm. This blog is purely for the people who are really interested in trading in all kind of markets. For eg. stock market, currency market or commodity market.
Here we all will come togther to discuss the technicals of the stock market and will try to judge and trade the same.
I hope and wish, it will be helpful to all of us who visit this blog in search of some new things to learn and contribute something simultaniously.
We also will be posting some recomendations, you all are most welcome to coment and discuss and trade ofcours ( at your own risks ).

Thanks & Regards
Avinash Raste

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