Previous day given a sell call in range 5267-5285 just see nifty came near resistance made high 5264.80, Traders on Yahoo Messenger were updated to short and finally cracked down 5312 Expected 1st Tgt was 5320 Now today a gap up can again be used to short with a stop loss placed above 5367 for a target of 5290-5260

As of now from weekly chart it indicates we are retracing the wave which peaked @ 5700, The correction is not supported by heavy volume as of now…. Take a look at chart below……

http://destinationmoney.wordpress.com/2012/04/17/sbi-fut/

As updated to short closer to 2330 and higher with stoploss 2380, SBI Fut 2350 to now 2280

Nifty 5253

Book Profits keep sl rest cost………

Delivery base infosys for medium term is a buy now in dips accumulate in 3-4 parts……

Markets are flat moving in range of +5 or -5 only from last couple hours…. Now watch 5210 and 5234 any side holds will decider day trend…….. 1.45 after watch one side move……. upside resistance’s 5270-5300

Downside supports 5175-5165 if break 5165 then non stop panik to 5100 not ruled out…..

DLF Fut

Previously closed @ 196

Has resistance @ 201 range keep stop loss 206 And short in any pullback 

Targets 187-180

VIP Industries Fut

Previously closed @ 101 

Has resistance @ 103.5 keep stoploss 107 and Short

Targets 95-93

Above is a sbi fut daily chart, from chart above u can clearly see SBI has broken down from a sym. triangle formation. The Height of the triangle is 380 Points. The pattern becomes invalid if SBI close over the trend line or a tentative fig. 2210 any rally till this level is a sell on rally with a stoploss of 2235 for a  target of 2000-1980 Positonal.

day trader just watch 2110 if manages to hold this level will run for 2127-2135 in minutes one can sell with sl 2150 for a target of 2100-2075 intra

Nifty Fut. previously recommended shorts @ 5369 now yesterday made low 5245 now today it has a minor resistance @ 5266 if holds this level shall run for 5288 / 5304

5304 is Line of Control now we must need to close above this level twice for trend to be upside else we are heading for 5198-5175. A rally to 5300 can be used as to sell at higher with a stoploss placed at 5325 for a targets of 5198-5175 positional

Long pos can be made if holds 5166 with sl 5144 for tgt intraday 5288-5301

Till below 5166 Intraday Trend Down

Till below 5304 Positional Trend Down

Reliance fut can be shorted with a protective stoploss of 770 the stock closed @ 757 expect targets of 740-735-720 in the same….

Infosys Fut is a buy above 2895 sl 2864 tgt 2940-2980

HDFC Fut is a buy above 690 sl 684 tgt 696/700

If you make money by making a mistake, it is loan with a very high defualt rate, Concentrate on trading rite with a proper plan and have strong money management only then u will succeed long term in trading……

Resistance @ 1342-1370 Stoploss 1410 Short in Rally for a possible Target 1285-1250-1210

Above 338 Big Move on cards, Shall rally for 348-355 close above 355 is breakout…..

Above 355…..370-390 very soon on cards…… Support 325/310

Till remain below 88 weak and shall fall to 83/81 levels on upside resistance capped @ 90/94

A wise thought……

By failing to prepare, you are preparing to fail

Nifty Fut Daily Chart…..

Already broken the triangle on downside…….Now whats next…….. Triangle formation target 4800-4750 till remain below 5250 it will remain weak only on downside the supports @ 5164 once break or close below this level expect 5135-5080 and there after positional 4800-4750

upside resistance capped @ 5300-5320

Trend Up Above 5320 if closed, Till then on rally’s short……

Already 5 weeks down, now closed @ 237 the stock has hurdle at 238.50 once hold this level will run for 243-248-250 on downside the supports @ 234 two close below 234 will take it to 224-217

Above 200 educomp shall fly for 208-210 very soon 218 on downside the supports @ 190-185 till 185 not breaks expect 210-218 soon.

Above 752 reliance industries is strong can test level of 765-770-788 once closed abv 788 the stock will be in medium term uptrend and is a big buy in any dip. on Downside the supports @ 716-710

Day before recommended to buy…..buy and buy only from dips nifty fired…….as expected and made intraday high of 5405 and closed @ 5394. Now today once holds above 5404 no problem for the bulls the power of volume will make it run for 5440-5485 and there after huge gates open above the breakout…… on downside the supports @ 5355 till not break or close below this level its a opportunity to go long in dips…..

Trend down only if close below 5355 @ next supports are 5315-5275

Sell below 903 sl 926 tgt 875 (minor support @ 895)

]]> http://destinationmoney.wordpress.com/2012/03/19/stock-trends-19march2012/ Mon, 19 Mar 2012 03:05:12 +0000 DestinationMoney http://destinationmoney.wordpress.com/2012/03/19/stock-trends-19march2012/

SBI Resistance 2285 above this once hold will run for 2330 keep stoploss 2380 and short for target 2180-2150

ICICI Bank Resistance @ 931-934 Short with a stoploss 970 for target 890-870

Amateur traders turn into professional traders when they stop looking for the “next great technical indicator” and start controlling their risk on each trade

Updated (08:30 am)

Aban Down 468 !! if holding book accordingly…….

PNB Fut now trading @ 1020 Resistance @ 1030 

Risk small around this level keep sl 1060 & Short target 915 Positional…..

Day trader can short below 990 sl 1025 tgt 960-955

Resistance @ 2380& 2415 

Sell in this range with a stoploss 2480 Tgt 2250-2165 Pos.

Stay relaxed. Place a trade and set a stop. If you get stopped out, who really cares? You are doing your job. You are actively protecting your capital. Professional traders actively take small losses. Amateurs resort to hope and sometimes prayer to save their trade. In life, hope is a powerful and positive thing. In executing a trade, hope is a virus that can infect and destroy. 

Updated 11:37 am ( 16/March/2012)

TANK DOWN ABAN Fut now 476 already………… can book profits partly and trail sl to cost for rest position…….

Jetairways Fut trading 318 now……… a gud support buy here or any dip till 310 with stoploss 300 tgt 330-340

Pos 400

Chart Says……..Once cross 324 it should be a rocket……. 

Nifty Tanked down…… to 5405…….. 5390 below More fall…. If short can book profits partly …

Axis bank resistance @ 1295-1310 Support @ 1261-1252

Icici Bank resistance @ 975-985 Support @ 945-922

SBI below 2340 weak support @ 2306-2265 Stiff Resistance @ 2405-2444

Most traders who fail have large egos and can’t admit that they are wrong. Even those who are willing to admit that they are wrong early in their career can’t admit it later on! Also, some traders fail because they are too worried about losing. I’m not afraid to lose. When you start being afraid to lose, you’re finished.——-Brian Gelber

DAILY CHART

disclamer on :

Jubilant Industries Ltd

Jubliant ind

The company has an equity capital of Rs 8.01 crore. Face value per share is Rs 10.

Jubilant Industries is the flagship company of agri and performance polymers business of the Jubilant Bhartia Group. The company`s diversified portfolio includes a wide range of crop nutrition, crop growth and crop protection agri products and performance polymers products comprising consumer products like adhesives, wood finishes; food polymers and latex such as vinyl pyridine, SBR and NBR latex.

Technically , Looks good on chart , from last few weeks its taking support on 155-165 levels.This is damn good support which is unlikely to break in short term.

I feel jubliant ind is ready to march on north side keeping stop loss of 187 for 1 week , ride on this stock.

Stock looks good for short term 6 months but it also looks good for swing trading for few days.

I feel 250 is very much possible target in coming days.

JUBLIANT IND

Enjoy ride on jubliant.Also,Yesterdays news of Jubliant ind is positive.

I am providing you some key financial details below :

Key Ratios

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Key Financials

Technically stock looks strong on short term,fundamentals also improving.

Thanks,

ANIL