Targets For 27-January-2015
Nifty Calls:
Current Level: 8835
Buy: Resistance @ 8865
Buy Nifty above 8865, with a target of 8880-895-915, StopLoss: 8820
Sell: Support @ 8790
Buy Nifty above 8865, with a target of 8880-895-915, StopLoss: 8820
Sell: Support @ 8790
Sell Nifty below 8790, with a target of 8775-760-750, StopLoss: 8800
Stock Calls
Buy Cipla Above 680
Current Market Price: 677
Target: 685-90-95
Stop Loss: 675
Buy Wipro Above 605
Current Market Price: 601
Target: 610-15-20
Stop Loss: 600
(Note: When a stock or nifty crosses above or below the given levels, make sure that the successive candle also follows the same trend)
Further Intraday Stock Updates(Calls) will be given tomorrow during the market hours.
Further Intraday Stock Updates(Calls) will be given tomorrow during the market hours.
What will be the level for future please?
ReplyDeleteHello Sir,
DeleteI usually don't give the level for the future because today future can trade at premium but tomorrow it trade at a discount and premium of future of each month also differs.
On certain days the percentage movement of stock and its future will be different. Hence if you want to take position in future or option then have even the equity stock in your market watch for your reference.
Thank You
Thanks a lot.
DeleteYou Are Welcome
DeleteHi Sir ..
ReplyDeleteI am new to this site. Your calls are superb. I wanted to know which candle (Successive) to see for your calls ? 1min/3min/5min ?
You can follow the one minute candle for intraday.
DeleteThe reason behind it is, you will be asked to buy or sell the stock after it breaks the support or resistance. In certain cases the stock will go above the 'Buy Above' price or below the 'Sell Below' price but the closing of the candle can create a trend reversal pattern such as (Hammer, Hanging Man, Engulfing, etc). Please visit the following link for candle stick reversal patterns reference guide.
http://stockmarketcallsindia.blogspot.in/2014/08/candle-stick-reference-guide.html
Please 'buy above' or 'sell below' as per the mentioned price but make sure the candle and its successive candle also follows the same trend.
Thank You
Thank you sir ..
DeleteI am holding Voltas@258,please can you share your views on this for Tuesday Intraday.
Hello Sir,
DeleteVoltas will find resistance around the level of 262, above this level it will definitely move towards 270. With market momentum be being bullish at the moment i think you can hold it for few more weeks with stop loss 250, in case if you don't have January futures.
Thank You
Hi Sir,
ReplyDeleteI went through the Candle Stick Reversal Pattern given on this site, I will try to understand these on Live Charts. Currently I do watch Bollinger Bands and Moving Averages for Indicators,though I have very little knowledge in this.
Please guide me which indicators should be followed for Intraday Trading,If u can share some documents/articles I would be very grateful to you.
My Id : nits.net@gmail.com
Hello sir,
DeleteI personally don't use any indicators for intraday trading, It is best used for short term trading to find near by support and resistances. If you are looking to take short term positions for 10-14 days you can use 20 day moving average or for 30 days you can use 50 day moving average or for 3 months you can use 100/200 day moving average.
Thank you
These kind of post is inspiring for all traders and Epic Research provides quality contents for those people who wanted to learn lots of about trading.
ReplyDelete