one typical example is RCOM 's movement today..its bearish on charts,i gave a target of 152,150 but in early trade it even touched 156 and was not getting down from 155 but ultimately it has to respect technicals and we have seen targets of 152 and 150 hitting..same happened with tata motors and unitech.
One more point i would like to drive is going long in chicken market is not at all advised unless and until we are very bullish on that counter like todays movement in aurobindo pharma.,one needs to look at volumes also in morning trade,though if scrip is bullish but if falling with volumes it would be better to be cautious. I advise readers to strictly follow this tips.
Another important point worth mentioning is strictly following levels,one needs to respect it like i have mentioned in the post that after 194 higher levels are seen in auro pharma,one should and must enter only at 195-196 levels,it doesnt make any sense entering at 201-202 levels wen already making highs,i know it would be very difficult to decide on enter and exit levels,very soon i shall come out with a brief report on selecting enter and exit levels. Good luck and Happy trading