Daily Call Dec 28 2010

4 Golden Rules for Trading.

1. Go long when market breadth is positive .
2. Strictly adhere to the Stop losses.
3. Profit to be taken as early as possible.
4. Book 50% profit when call runs in your direction







Traders Picks (1-5 days)


Godrejcp Buy above 395 Target1 419 Target2 437 SL 392
Educomp Buy above 526 Target1 539 Target2 550 SL 521
NMDC Buy above 268 Target1 279 Target2 295 SL 261


Momentum Picks (1-3 days)
BataIndia Buy above 347 Target1 354 Target2 371 SL346
Siemens Buy above 809 Target1 824 Target2 849 SL 805
REC LTD Buy above 292 Target1 306 Target2 316 SL 289


Postional Picks(short term)

Symbol: BHARTIARTL
Our reco : ==> Maintain long position. Stop at 322. This could rise up to 381 or to 404. Current price reflects strong consolidation here!
Next Day Trading Range.. High: 353 Low: 341
Next Day Breakout Points High: 359 Low: 333

Price Projections....... 1st: 381 2nd: 404

Symbol: CIPLA
Market is holding above the 362 level. Our Reco : ==> Maintain long position. Stop at 347. This could rise up to 388 or to 412. NOTE: A consolidation of price movement or a price correction may be underway.
Next Day Trading Range.. High: 368 Low: 356
Next Day Breakout Points High: 373 Low: 350

Price Projections....... 1st: 388 2nd: 412

Symbol: GUJRATGAS
Our Reco: ==> Maintain long position. The resistance level of 411 was broken on Dec-21-2010. Stop at 388. THis could rise up to 429 or to 456. Current close reflects strong consolidation here!
Next Day Trading Range.. High: 405 Low: 391
Next Day Breakout Points High: 410 Low: 382

Price Projections....... 1st: 429 2nd: 456

10 %, 20%,30%,40%,50%,60%,70%,80%,90% is done..Our target 100% .
Happy Investing
Previous Posts :