delivery trading
positional cash fno
stock queries
global stock market news
financial markets technical outlook
techs rewind
RSS blog feed url: http://feeds.feedburner.com/Valuetrading

past short term calls follow-up/performance***(stocks to watch)

date,stock,reco price,high,% gain at high

***all analysis are based on self chart study only, actual trading gains may vary.
disclaimer:

Twitter nifty intraday trading Updates

    follow me on Twitter

    Thursday, August 19, 2010

    mkt ahead...19th aug 2010...

    so the medium term trend remained strongly up holding 5350 tsl solid as a rock, as i had mentioned earlier these nifty positional longs were initiated in the zone 4900-4950. no change is tsl required as of now.

    the tgt is raised from 5530 to 5578 which is a resistance on previously drawn channel and nearly achieved.

    as the quarterly results have been mixed so far, no upgrades have happened on the nifty50 stocks index. therefore there is no change in our 5550-5730 expensive zone on p/e basis.

    perhaps we are entering a risky zone above 5500 now the with first resistance coming at 5545.

    with all these factors one can consider booking partial profits in the medium term positional longs when the nifty reaches the upper end of the channel. the profit booking if comes can easily take the nifty to 5350 and then to 5200 which can be maintained as sl on closing basis.

    4 comments:

    Sujatha said...

    I donno when you will post or how you will post (whether with charts or without charts) but knows you will post at the right time.

    Thank you Abhay :)

    abhay r somkuwar said...

    even i dunno when iam gonna post next:)

    yes when its the right time acc to me, i will post definitely...thanks sujatha

    regards.

    Sujatha said...

    Oops. again @ 5350 safe landing. as per your's

    what next??

    thanks in advance

    abhay r somkuwar said...

    still dark clouds are there sujatha i fear nifty testing 5200-5225 zone, however have to keep watching the action

    Blog Archive