Targets For 29-January-2015

Nifty Calls:

Current Level: 8914

Buy: Resistance @ 8940
Buy Nifty above 8940, with a target of 8955-65-75
, StopLoss: 8915

Sell: Support @ 8890
Sell Nifty below 8890, with a target of 8875-65-50, StopLoss: 8925

Stock Calls

Buy Reliance Above 910

Current Market Price: 906
Target: 915-20-25
Stop Loss: 904


Buy Wipro Above 608

Current Market Price: 607
Target: 612-15-18
Stop Loss: 603

Sell HUL Below 930

Current Market Price: 933
Target: 925-20-15
Stop Loss: 936

(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.

Comments

  1. Hi Sir,
    Really great calls but unfortunately I entered SKS Micro today and made loss of 800 rs.When I saw Maruti call it was already trading near 1st target so didn't enter.
    You provide multiple calls here,what is the strategy to trade this ? Should I enter all calls ?
    At what time do u generally post the calls during market hours ?

    ReplyDelete
    Replies
    1. Thank You Sir,

      I usually many calls because the probability of a single call crossing the buy above or sell below price is less so I make sure that I atleast provide two calls.

      It is not possible to enter into have many positions at once, you can buy or sell the once which crosses buy above or sell below price first. In case if you have closed your position you can follow the other ones.

      I usually post extra calls between 9:00- 9:30am

      Thank & Regards

      Delete
    2. Thanks for responding my query. Good night.

      Delete

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