October 2010

03/10/2010 01:33

26.10.2010

Even though it is not in line with trader's funda, but market players participation attracts to have a chance either to circuit up / down.  Likely it will be up circuit as fundamental supports for price rise. 

Lets play one scrip based on news. Binani Industries.  Go long at Rs 210+.  High volatility. Book profit at Rs 220+ / 230+ /245+.  Maintain Stop Loss 208 / 199/ 189.

 

09.10.2010

Now we will halt trading till Nifty crosses 6225.  Even though some scrip are zooming based on news, we will not endeavour to go long on those shares, as long as overall market trend emerges.  Now it seems market may top out here to touch 5800 level on Nifty.

 

06.10.2010

Follow Trailing Stop-loss, now Rs 94.50.

 

04.10.2010

In Sept 2010, We had created a position on Precision Wire at Rs 128+.  Book Profit at Rs 133+.

 

03.10.2010

Go long in Unitech Rs 94+.