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Trade Recommendations: March

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Thursday 2 August 2012

Trading Ideas for 2nd August

12:55 IST 1st targets achieved on both calls, we are done and now it is brave hearts game...u can hold with TSL or Book profits, choice is yours! All  the best.

11:58 IST Buy JP Associates now at 75.3 SL 74.7 Target 75.9, 76.4, 77 12:17 IST Nifty hovering at its support of 5213-10, so protect the position with TSL at cost 12:45 IST facing some resistance at 75.7, those who can not hold may exit here, rest can continue with BE (Break Even / Cost) as TSL (Trailing Stop Loss) 12:51 IST First Target achieved!

11:10 IST Buy HDIL now at 82.65 SL 81.4 Target 83.15, 83.7 11:30 IST Price not moving as expected close position now at 82.7 Price quickly moved down, hope you all could close the position 12:43 IST Those who could not exit at 11:30 and holding position are back in profit again! 12:55 IST Brave hearts achieved first target on HDIL!

Sideways movement in nifty making stock picking difficult!Though we are looking at Short SBI & TCS, Long LT, HDIL, Tata Steel and JP Associates in the morning. All moved in our expected manner and reversing gains now....Shall update if any opportunities emerge. 

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