8:00 PM
MTP Research
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
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
Thanks & Regards
Avinash Raste
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