Thursday, November 12, 2009

morning thoughts..

We have continously been telling and advising to adopt buy on dips strategy and refrain from shorting at lower levels.
The markets have taken supports at lower levels and have rallied with a vengeance to trap shorts on its way.
Technically the trend and the undertone of the markets are still up and more upsides are likely in the coming sessions.
Apart from indices huge stock specific activities has been witnessed in last couple of days , which is likely to continue and many stock can see am appreciation of 35-50% from here within no time.
So one needs to accumulate good stocks at every dip and wait patiently for the rewards.
The supports for the nifty is at 4850 levels and resistance at 5050 levels.
The supports for the sensex is at 16650 levels and resistance at 17100 levels.


Stocks to watch

Tcs , ivrcl infra , tisco looks good

www.astroeyes.co.cc


Yesterday has been a golden and jubilant day for our clients as we have created tons of wealth in 1 session , we wished if he had 1 hour more in trading hour.

Yesterday’s calls sent via sms and messenger

Fii Sail – buy at cmp 175.50 sl x targets x – 3 days (booked full profits at 179 the same day)

Dii Tisco – buy at cmp 508 sl x targets x – 3 days (booked full profits at 514 the same day)

Punter Mphasis bfl – buy at cmp 742 sl x targets x – 3 days (booked full profits at 755 the same day)

Jackpot Rolta – buy at cmp 172.50 sl x targets x -3 days (booked full profits at 174 the same day)

Fii Sparc – buy at cmp 88 sl x targets x – 3 days (booked full profits at 90.50 the same day)

Punter Neyveli lignite – buy at cmp 142 sl x targets x – 3 days (booked full profits at 155 the same day)

Jackpot Allahabad bank – buy at cmp 134.50 sl x targets x – 3 days (booked full profits at 136 the same day)

Dii Icici bank – buy at cmp 905 sl x targets x – 3 days (booked full profits at 917 the same day)

Punter Bank of India – buy at cmp 382 , booked full loss at 375 , hit sl at 375

Jackpot India info – buy at cmp 141 sl x targets x – 3 days (booked full profits at 144 the same day)

Sail 180 ca – buy at cmp 5.85 sl 5.20 targets 7.50 , went 7.60

Nifty 4900 ce – buy at cmp 100 sl 92 targets 120 , went 177

Nifty – buy at cmp 4880 sl 4869 targets 4920 , went 5024

Tisco 510 ca – buy at cmp 19.70 sl 18 targets 24 , went 31

Sesa goa – buy at cmp 338 sl 335 targets 344 , went 352

Idfc – buy at cmp 165.50 sl 164 targets 170 , went 169.95

Btst Ivrcl infra – buy at cmp 390 sl 387 targets 399 – booked at 397 the same day