JSW Steel Trade

Hi

Got one good setup of trade in JSW Steel.

MACD is above zero line so is very positive.

We are currently above R1 - monthly Pivot.

Price is trying to break 290 since last 4 times...

So Buy is above 290 with a SL of 282.50 & Target is Monthly R2  (299 ) or even yearly R1 (310)

With a Risk reward of almost 1:1.20 for 1st target and if it goes to 310 then the RR increases substantially. Overall seeing a positive momentum...so this trade can be taken with confidence.



Disclaimer :
I am not SEBI registered.
Blog Posts are for Study Purposes Only.
Take your own decision.
This is my Own Trade & keeping this as my Trading Records.

Cipla Trade

Hi,

Got another Trade in Cipla.

Cipla Buy @ 552 , SL - 540 & Target 571.




Update : SL Hit - Trade Closed - as on 11th July

Disclaimer :
I am not SEBI registered.
Blog Posts are for Study Purposes Only.
Take your own decision.
This is my Own Trade & keeping this as my Trading Records.

Potential Good Setup Trades

Hi,

Seemingly there are various good setup trades for coming week in the Cash market.

Pharma Sector may lift nifty this time.

Cipla Buy Above - 552 , SL - 540 & Target 572

Divis Labs - Buy Above 686 , SL - 647 - & Target 790

Even Ajanta Pharma, Auropharma ,STAR, Torrent Pharma are positive but those are for intra trading.

BPCL - Buy Above - 670, SL - 656 -Target -  722

Once highs of friday are broken will look to trade on intra basis in futures for small gains in the following scripts which are showing bullishness

Reliance, Bata India, Sun TV & also above mentioned cash stocks - will look out for intra trades in futures for coming week.

Disclaimer :
I am not SEBI registered.
Blog Posts are for Study Purposes Only.
Take your own decision.
This is my Own Trade & keeping this as my Trading Records.

Nifty - Pivot - 10th July to 14th July

Hi All,

Nifty looks bullish to me.
Seems we are on our way to 9830.
So for next week anything above 9715 is a good buy.
No Buying untill 9710 is crossed - recent high.
And our SL could be 9640, & a target of 9830.



Update : Target of 9830 - done on 11th July 2017

Disclaimer :
I am not SEBI registered.
Blog Posts are for Study Purposes Only.
Take your own decision.
This is my Own Trade & keeping this as my Trading Records.

KPIT Trade

Hi All,

KPIT was a good trade.

Had got a buy above 123 & the target was 129++ with a SL of 120, & as of today the target is increased to 140 in few days.
Although I am out of this position. But will keep a watch on this Script to see if my target hits or not.




Disclaimer :
I am not SEBI registered.
Blog Posts are for Study Purposes Only.
Take your own decision.
This is my Own Trade & keeping this as my Trading Records.

Bharat Financial Trade

Hi All,

Bharat Finance Chart

Buy above 728, SL -714 & Short Term Target 763 & Long Term Target of 860.

 

Disclaimer :
I am not SEBI registered.
Blog Posts are for Study Purpose Only.
Take your own decision.
This is my Own Trade & keeping this as my Trading Records.

DLF Short Term Trade

Hi All,

Buy at 195.20 with a SL of 190 & Target 205.






Update : Booked DLF at 205.50 on 10th July 2017

Disclaimer :
I am not SEBI registered.
Blog Posts are for Study Purposes Only.
Take your own decision.
This is my Own Trade & keeping this as my Trading Records.