Tag Archives: Day trading tips

SBI,IDFC and Rel Infra Technical Analysis

By | June 11, 2013 8:02 am

SBIN SBI has been falling like pins after making high of 2472 and is now approaching its medium term trendline support. SBI can give a whipsaw by trading below the trendline traders do remember range of 1974-1980 is very important support as per  Gann and Fibo Spiral number and positional shorts can be booked in… Read More »

Expiry Stocks Calls:SBI,Ranbaxy and Canara Bank

By | May 30, 2013 7:02 am

SBI SBI continued with downtrend after disastrous Q4 result, Stock has closed below its 200 DMA and is taking support at Fibo channel as shown in Chart. Unable to hold 2100 and closing below 2070 will add pressure on downside and levels of 1880 odd levels can be seen in extreme short term. Buy above… Read More »

HDFC,Tata Steel and United Spirits Technical Analysis

By | May 27, 2013 8:11 am

HDFC HDFC is forming an ascending triangle with breakout coming above 917, Positional traders can take long above 917 for target of 950 in 1 month time frame. Intraday Traders can use the levels below to trade . Buy above 911 Tgt 914, 917 and 921 SL 906 Sell below 903 Tgt 900,894 and 889 … Read More »

Technical Stock Trading:Titan,Tata Steel and RIL

By | April 16, 2013 7:04 am

Relaince RIL will be declaring its results today post market hours. Stock made high of 955 when last quarter results were declared and kept falling down from that day till 760. Stock is stuck in its trading range of 805-765. Trader should short at higher end and long at lower end with strict sl. Buy… Read More »

PNB,PFC and Pantaloon Technical Analysis

By | April 9, 2013 11:10 pm

PNB PNB has broken its demand zone with volumes in today’s trading session,stock took support at medium term falling trendline breaking the low of 687 will make the stock correct to next demand zone of 665-660 range. Sell below 687 Tgt 680,675 and 667 Sl 690 Buy above 699 Tgt 703,709 and 715 SL 695… Read More »

Stock Recommendations: Rel Cap, Sun TV and Canara Bank

By | March 21, 2013 11:54 pm

Reliance Capital Reliance Capital high beta share is falling like 9 pins. Stock made a high of 508 and is down almost down 200 rs in matter of 3 months. ADAG stock having overlevergaed balance sheet and market is punishing all such stocks. Stock is near to very crucial support zone 310,breaking the same will… Read More »

Share Trading: SBI, Sun TV and JSPL

By | March 19, 2013 11:46 pm

SBIN SBI has been following classical technical analysis support becoming resistance, as shown in above chart, rising trendline which was supporting the upmove is now acting as resistance, stock is showing pullback as soon as it approach the trendline. Stock is also near its 200 DMA @2188 and bounced back sharply. Any close below 200… Read More »

Share trading:DLF,Adani and United Spirits

By | March 11, 2013 11:06 pm

DLF DLF which we covered few days stating till stock is unable to close below its 50 DMA stock is buy on dips, Stock rewarded the readers with an 15% rally in 6 trading session from low of 250 to 288. Stock is approaching its rising trendline at 290,short term traders should lock in profits… Read More »

Stocks for Trading: Tata Motors,Maruti and JSPL

By | March 10, 2013 10:57 pm

JSPL JSPL share value has been on a firm downtrend trading firmly in downtrending channel, formed a bullish engulfing pattern on Fridays session. Continuation of the rally will come if its able to close above 370. Buy above 371 Tgt 374,378 and 382 Sl 369 Sell below 366 Tgt 362,360 and 355 SL 369  … Read More »

Share trading: PFC,Hindalco and Tata Motors

By | March 6, 2013 12:47 am

Hindalco The share price of Hindalco has been in downtrend for more than 2 month.Hindalco made the high of Rs 137 and low of 94 ytesterday. Stock bounced back 4.5% today but with low volumes as compared to last few trading sessions showing rise was backed by short covering only. Share is trading in downward… Read More »