If you have bought stocks yesterday at the mentioned levels, do not sell at the mentioned levels as positive world cues would fetch higher prices. So raise the selling price higher and use trailing SL to lock in the profits.
Tata Steel: 461-475++.........503--
Suzlon:..........69-70++...........75--
RCapital :... 720-735++.........795--
RCom :...... 185-195++.........204--
Essar Oil:... 130-132...........145--
Cairn :....... .262-265...........276--
Icici Bk :..... 770-780...........826--
Aban :........... 1285++...........1400--
Whenever market is above its 200DMA and you see a continuous 5 days of fall, you buy there, then you are likely to get very good short term gains. While Nifty trading above its 200DMA(3930) fell for 8 days with a small pause in one day in between had offered such an opportunity. And it may offer again too.
3 comments:
CNX IT And TCS wipro Wave count plzz... I have a confusion...
Thank you sir for this wonderful blog which helps small traders like us
Hello Ilango sir,
I just came to know about your blog on stocks...Sir It was really wonderful going through your charts.
i was going through your blog and just realised you had mentioned about suzlon.Sir,suzlon has broken down from a 2nd wave triangle and presently in third wave on daily.
Please confirm.
Thanks and all the best,
SK
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