A trade can be initiated according to the levels given in the chart.
Regards
Rish.
Saturday, May 03, 2008
>Maharashtra Seamless Ltd
Stock looks like out of Down channel and is showing strength coulpled with good volumes
A trade can be initiated according to the levels given in the chart.
Regards
Rish.
A trade can be initiated according to the levels given in the chart.
Regards
Rish.
Friday, May 02, 2008
>2nd MAY Trading day!!
Nifty opened with a gap up which was evident by the overnight DOWJONES rise.
Well a thumb rule short at gap up in a bearish trending mkt (relief rally) was bit annoyed that was not able to short BOMBAY DYEING yesterday ,though it was not a great short any how to satisfy my crave to short BOMBAY DYEING kept waiting for a setup to short it intra day . Chart is attached
Other swing trades faired well today ORCHID CHEMICALS, DCB only eyesore RANBAXY sl is not hit yet so holding it though its testing my patience .
DCB is a sleek 3rd wave kind off example though its still questionable near 125 anyhow half DCB was booked near 115
orchid long was taken anticipating B up rise still some more pending in that .
Nifty am not touching these days bit vary of its movement may be in few day will find a good trade in it .A new option trade initiated today 50 ca TVS MOTORS may month also a possition in Deepak fertilizers LETS SEE how these fair in coming days ,Have a great week end
cheers
Rish
Well a thumb rule short at gap up in a bearish trending mkt (relief rally) was bit annoyed that was not able to short BOMBAY DYEING yesterday ,though it was not a great short any how to satisfy my crave to short BOMBAY DYEING kept waiting for a setup to short it intra day . Chart is attached
Other swing trades faired well today ORCHID CHEMICALS, DCB only eyesore RANBAXY sl is not hit yet so holding it though its testing my patience .
DCB is a sleek 3rd wave kind off example though its still questionable near 125 anyhow half DCB was booked near 115
orchid long was taken anticipating B up rise still some more pending in that .
Nifty am not touching these days bit vary of its movement may be in few day will find a good trade in it .A new option trade initiated today 50 ca TVS MOTORS may month also a possition in Deepak fertilizers LETS SEE how these fair in coming days ,Have a great week end
cheers
Rish
Wednesday, April 30, 2008
>Trading day 30th april.
Hmmm day started with Nifty opening higher. I with a predetermined trade idea(planned it last night) wanted to short Bombay dyeing above 1000 for about (20-30) points but bombay dyeing came down as soon as it opened and as a rule i try not to trade for first 10-15 min atleast so this trade was a no-no .
Day progressed and yesterdays longs started to show positive results
CENTURY TXT (838)
RAJESH EXPORT(90)
hmmm interesting also the swing trade
DIVISLAB showed its colours too spurted 6% sold most of it today ,Sold out century txt full near 900 Rajesh export first target 95 almost touched today, retraced a bit from there was bit greedy did not book it though last half hour nifty movement made me to book half profit in it(93.50).
A big miss today during the day was BOMBAY DYEING long near 965 kept waiting for its breakout to happen though idealy should have bought that with a sl below 960 ,Anyhow breakout came and me was away in loo by that time dyeing was almost conquering 1000 what a waste:(.Well day ended with a smiling face.Few charts attached.
Day progressed and yesterdays longs started to show positive results
CENTURY TXT (838)
RAJESH EXPORT(90)
hmmm interesting also the swing trade
DIVISLAB showed its colours too spurted 6% sold most of it today ,Sold out century txt full near 900 Rajesh export first target 95 almost touched today, retraced a bit from there was bit greedy did not book it though last half hour nifty movement made me to book half profit in it(93.50).
A big miss today during the day was BOMBAY DYEING long near 965 kept waiting for its breakout to happen though idealy should have bought that with a sl below 960 ,Anyhow breakout came and me was away in loo by that time dyeing was almost conquering 1000 what a waste:(.Well day ended with a smiling face.Few charts attached.
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