Wednesday, October 28, 2009

TRADING STRATEGY (FOR OCT 29th)



HI GUYS,


HOPE YOU ALL ENJOYED TODAY’S RECOMMENDATIONS..

ALL SCRIPS WENT IN A RIGHT DIRECTION PERFECTLY..ISN’T IT?
AGAIN REMEMBER THE SUCCESS RATE…


NOW CATCH TOMORROW’S GULAB JAMOONS….

[2 IMPORTANT NOTES BEFORE YOU TRADE]

1) AFTER GIVING AN ENTRY(BUY or SELL) IN THE FOLLOWING SCRIPS ,
YOUR FIRST TARGET WILL BE REACHED WITHIN 10 MINUTES;
BOOK YOUR 75% PROFITS THERE AND WAIT FOR THE 2ND FOR A SESSION OR TWO
IF & ONLY IF THE MARKET GOES IN FAVOUR OF YOUR ENTRY 3RD TARGET WILL BE ACHIEVED(IF THERE IS ONE)


2) IF THE PRICE CROSSES THE BUY LEVEL FORGET ABOUT SELLING;
SIMILARLY IF IT ENTERS INTO SELLING ZONE FORGET ABOUT BUYING.

ALL THE BEST




HOT SCRIPS

1) BAJAJ HIND

BUY @ 221.50 T1-223.2, T2-226.1, T3-228.4
SELL BELOW 215 T1-212, T2-208

2)
UNITEDSPIRITS

SELL BELOW 998 T-986.7
& BELOW 983 SEE PANIC SELLING UPTO 974,963
BUYING ZONE –1011 T1-1022
(TRADE IN THIS SCRIP ONLY AFTER 10:20A.M)

3) RIL
BUY ABOVE 2052 TI-2059, T2-2066
SELL BELOW 2010 T1-2000, T2-1988

4) LUPIN
SELL BELOW 1157 T1-1150, T2-1140, T3-1130
S/L -1180

5) HDFCBANK
SELL BELOW 1605 T1-1600, T2-1594

6) SBI
BUY ABV 2241 TI-2253 ,T2-2280
S/L-2200


PIVOT CALCULATIONS

PIVOT POINT (NIFTY SPOT) – 4882.25

SUPPORTS S1 –4793 S2 –4741 S3 – 4653

RESISTANCES R1 – 4935 R2 – 5023.5 R3 – 5076

PIVOT POINT (NIFTY FUTURES) – 4883.5

SUPPORTS S1- 4803 S2 – 4757.5 S3 – 4677

RESISTANCES R1 – 4929 R2- 5009.5 R3 – 5055

N .Futures - (3 DEMA-4880) & (7 DEMA-4945 )
Remember both these could act as a good resistance after 11a.m in a GAP UP OPENING

GOOD LUCK PALS


DISCLAIMER: TRADE AT YOUR OWN RISK


No comments: