April 2011
Monday, April 25 2011 TO Friday, April 29 2011
silver can go up additional 3 % but that shud be a good level to 'sell' with 3 % stoploss.
there is a stron possibility of 36 dollar level - 25 % down in coming 8/12 weeks.
risk reward is favourable and short trade is worth taking.
weekly levels r posted below -
| all | rates | in | US dollars | ||
| commodity | weekly | levels | 25th / 29th april 2011 | unit | |
| type | go | entry | targets | stoploss | |
| gold | short | 1506 | 1493/80/67/54 | 1519 | troy ounce |
| long | 1519 | 1526/33/40 | 1506 | ||
| silver | short | 45.6 | 45.15/44.7/44.25/43.8/43.35/42.9 | 46.1 | troy ounce |
| long | 46.6 | 47.25/47.9 | 46.1 | ||
| crude | short | 112.7 | 111.85/11/10.15/09.3/08.45/07.6 | 113.55 | barrel |
| long | 113.55 | 114.4/15.25/16.1 | 112.7 | ||
| copper | short | 4.41 | 4.38/4.35/4.32/4.29 | 4.44 | pound |
| long | 4.44 | 4.47/4.5/4.53/4.56 | 4.41 | ||
| natural gas | short | 4.44 | 4.37/4.3/4.23/4.16 | 4.51 | mmbtu |
| long | 4.51 | 4.58/4.65/4.72 | 4.44 | ||
| sugar | short | 636 | 629/22/15 | 643 | tonne |
| long | 643 | 650/57/64 | 636 |
Thursday, April 21 2011
TCS results are already out .... so no point giving a strategy now .......
RELIANCE ...... buy 1020 put and 1060 call ....plain vanilla strategy for people who dont want to shell out margins.
for people ready to shell out margins ....... buy 1040 call and put and sell 1000 put and 1060 call
Thursday, April 21 2011
nifty spot intra
short / long - 5864 / 5893
stoploss - 5879 for both
L targets - 5922/51/80
S targets - 5835/06/5777
Thursday, April 21 2011
| INTRA DAY | date | 21st april 2011 | ||
| stock | go | entry | targets | stoploss |
| BANK NIFTY | short | 11810 | 11775/35/700 | 11850 |
| long | 11885 | 11920/60/95 | 11850 | |
| CNX IT | short | 6835 | 6790/45/700 | 6880 |
| long | 6880 | 6925/70/7015 | 6835 | |
| RELIANCE | short | 1027 | 1021/16/11/06 | 1032 |
| long | 1032 | 1034/41/48 | 1027 | |
| TATA MOTORS | short | 1255 | 1253/45/37/29 | 1261 |
| long | 1261 | 1268/75/81 | 1255 | |
| ICICI | short | 1110 | 1103/1095 | 1118 |
| long | 1118 | 1125/33/40 | 1110 | |
| SBI | short | 2799 | 2783/67/51 | 2815 |
| long | 2815 | 2831/47/63 | 2799 | |
| LT | short | 1703 | 1696/89/82/75 | 1710 |
| long | 1710 | 1717/24/31/38/45 | 1703 | |
| ashok leyland | short | 54.5 | 54.2/53.9/53.6/53.3 | 54.8 |
| long | 54.8 | 55.4/56/56.6/57.2 | 54.5 | |
| IOB | short | 155.7 | 154.8/53.9/53 | 156.6 |
| long | 156.6 | 157.5/158.4/159.3/160.2 | 155.7 | |
| crompton | short | 282.7 | 280.1/277.5 | 284 |
| long | 284 | 286.6/89.2/91.8/94.4 | 282.7 | |
| sonata | short | 47.6 | 47.25/46.95/46.6 | 47.9 |
| long | 47.9 | 48.25/48.55/48.9/49.2/49.5/49.85 | 47.6 |
Thursday, April 21 2011
swing trading - 2/3 days perspective ...
vijaya bank / jindal steel / jsw steel shud so some strength in coming 2/3 days ......
however entry level is crucial since the stocks hv run-up considerably yesterday and may open gap-up today.
