Category Archives: Daily

Nifty Weekly 11-14 August

By | August 10, 2008 3:33 pm

Nifty has shown tremendous strength at lower levels and Stock having major weightage in Nifty Like SBIN and LT Reliance are in a mood of breakout will keep updating Charts of them Try to reduce long position around 4700 Nifty which should be reached in the week and wait for a dip to ebter again… Read More »

EVERONN SYSTEM (CMP: 529)

By | August 10, 2008 2:54 pm

BREAKOUT FROM CONSOLIDATION!!!The stock is looking bullish on its daily chart, as it has given close aboveShort-term trend line as well as its 50 DMA with significant volumes onFriday. Leading Indicator RSI (Relative Strength Index) is rising withpositive divergence and has reached above the benchmark level of 50.Considering the technical evidences discussed above, we recommendbuying… Read More »

Nifty coming out of a Converging triangle

By | August 8, 2008 7:24 pm

A can be seen from the Chart Nifty is coming out of a converging triangle and Nifty closing in green after every fall means now it is a market of Buying at dips. Now as Dow is closing at 300+ so except a gap up opening on monday and getting past the resistance level of… Read More »

Be wise; invest in SIPs:

By | August 8, 2008 2:35 pm

Any investment decision depends on the risk profile and the goals of the investors. But overall SIPs have been a very prudent way of systematic investment. That way one can choose any of the largecaps. I still strongly believe in the largecaps going forward also. So one can choose funds like Kotak 30, DSP ML… Read More »

Intra day Strategy

By | August 8, 2008 1:26 pm

BASIC RULE – LONG ABOVE 34EMA, SHORT BELOW 34 EMA ( BLACK LINE) NOW TO ENTER SHORT TRADE I WILL WAIT TO CHECK WHERE DOES 3EMA(RED, GO BELOW 13EMA(GREEN) 3EMA IS ALREADY BELOW 13….(JUST TOUCHING FROM BELOW) SO THE ONLY TRADE POSSIBLE AT 11 AM IN NIFTY IS I GO SHORT WITH SL JUST ABOVE… Read More »

Trading calls

By | August 6, 2008 6:05 am

Buy HDIL with a Sl 500/494 tgt 544 in near term most probably Intra day Buy HIndalco only above 146 as updated in chart