Monday, 30 September 2013

book partial profits

Book partial profits in lic housing at 186.50

34 comments:

  1. Salute to you sir,shorted at 189.3 exited at 185.9 THANks a lot.happy for the day

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  2. Salute to you sir,shorted at 189.3 exited at 185.9 THANks a lot.happy for the day

    ReplyDelete
  3. Gd Morning Sir,
    Pls advise whe to exit from Tata Steel, bought at 292 (cash)
    or I should hedge with 280 PE.
    Pls advise. I am a small trader I don't have that much fund
    Awaiting your advice
    Regards
    S Datta

    ReplyDelete
    Replies
    1. datta tata steel is trading very weak,i have advised you to exit from it wen it breaks 284 levels,it did in early trade itself,as you are a small trader you should not continue holding should maintain a strict loss,it has support at 274-273,better to exit on rise.go with shorts in bear market.

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  4. Sir, indiacem what would be end of day as it is now 50.75, here i bought and there are messages in forums that this will touch today 53 around, what is your expectation as it has opened higher than yesterdays's close

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  5. ok thank you
    regards
    S Datta

    ReplyDelete
  6. Hi Sir

    I am beginner and bought 350 shares of Exide at 132.5 levels. Think it was not right time to enter. Shall I hold or short these? The worst is have not kept SL.

    Thx a million

    God bless you

    ReplyDelete
    Replies
    1. it has strong support at 128.6,if it doesnt bounce back exit it ,if you have time period,you can hold it as it is expected to post good results,but i suggest to book on rise.

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  7. dattha ji as you replied me.holding biocon,i eneted at 335,sitting on profits,shud i exit now???

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    Replies
    1. Hold it.its being perfectly operated.

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  8. can unitech be shorted ?

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    Replies
    1. Yes but not at current levels,short it on rise,now limited downside left.i had sell call yesterday.please check

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  9. Thank you sir.God bless.exited biocon with good numbers.

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  10. Sir, can we take long positions in Infy & TCS in view of the upcoming quarter results? Thanks

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    Replies
    1. Hie yes It companies are suppose to post superoor results because of weak currency,one can enter at dip as they have rallied a lot til now or can go with bullish option strtegies.

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  11. Sir,
    I m a short term investor . Today towards end bgr jumped up any reason ?
    Is it good time to buy hindalco and nmdc for like 1 week ?

    ReplyDelete
    Replies
    1. yes its sudden trigger of selling because of Us debt news and also fear of weaker cad figures

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  12. Hariji,

    in the morning just before 9am u told us " if nifty weakens short mcleod russel with target
    of 250,249 sl@257, lic housing can be shorted if
    bank index weakens with a traget of 189 sl@198"

    I didn't enter any of the calls at opening as per your advice and was monitoring if bank index weakens further. Even before I could really make a move, ur post at 9:28 came as book profits in lic.

    Sir, next time should I enter ur calls at opening itself ?

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    Replies
    1. Dear reader, Thats where the judging plays role,i personally suggest many not to enter in first 15 mins at any cost,but if selling pressure is seen by volumes and if sgx nifty is down by many points it clearly conveys that indexhas no chance to pick further and bank index was rolling down,and lic housing for first 10 mins was hovering around 188 levels,it then again gave a chance to short,and 189.25 was STRONG SUPPORT which it breaked with volumes that should tempt a trader to short.Again in afternoon trade also it gave a chance to short again.

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  13. Sir, what's ur view on ZEEL, it dipped today very much. Is it a correction before another rally?
    Regards,
    Soumik

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    Replies
    1. No soumik,seems it would trade weak further before a bounce,wait for a white candle.

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  14. Sir,i bought today financial tech 120put at 28...today at 8pm d news cm dat sebi bans fintech frm fno....n al contracts fr nov n dec wil expire in oct itself...as per my anaysis dat tmrm it vl crash,hence positv fr me...cn u pls advise if i am right?? N also liquidity questn arises....thanks in advance....anup

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    Replies
    1. Hie anup,overall scenario is damn bearish for financial tech,i didnt encounter that news yet,if true yes it will be further hammered for sure.

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  15. Sir,
    Do you think after todays' closing, Tata Motor is showing bearish trend?
    Tomorrow can I enter Tata Motor 300 PE ?
    SDatta

    ReplyDelete
    Replies
    1. Dattha yes it would trade weak further go short on rise but limited downside,this blog had sell call yesterday itself if you can observe.
      Sgx nifty is up,so have a view on it before going for a short.

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  16. Sir what is your opinion about Venus Remedies? I have strong faith in the company fundamentals but the share price does not depict the same. I currently hold a good quantity at 235. Also your take on Parsvnath developers. I am student of core finance as well but I respect your analysis a lot especially the good you do for so many people.

    ReplyDelete
    Replies
    1. Hie venus remedies is fundfamentally strong and trading at low valuation,its book value itself is around 300 plus which signifying fundamentals,But its very thinly traded counter so you cant expect short term profits,need to wait,a close above 209 and 225 can take it to higher levels,strong support at 177.4 and 173
      parsvanth is into real estate,all real estates are sensitive ti interest rate hikes,it will move further down in next few sessions,has strong resistance at 27.

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  17. After having a lot of pain in markets i landed up here few days back.yes i made some money thru this site.Good work boss,art of tracking market is not easy everyone would agree dis and having 85% sucess rate everyday is much more adorable.keep going

    ReplyDelete
    Replies
    1. Thank you.wil try to put on my best.

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  18. Sir,
    Tomorrow nifty is expected to be in green on back of better than expected CAD results.
    Regards
    soumik

    ReplyDelete
    Replies
    1. as of now its looking green.lets see how global cues react in the morning

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  19. Sir, i think today and whole week will banks week. I want to know about BANKINDIA for intraday purpose. it is low in price and can go up rs.10 hike intraday. are you bullish on this stock today and cad will show it's impact on banks shares!

    ReplyDelete
    Replies
    1. Hie suresh could not take a call on it,it mostly moves as per index and overal scenario for banking is very bearish,wait for conformation before entering.

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