Tuesday, January 5, 2010

Intraday/Positional trading ideas for 5Jan09:

Guys hope you all enjoyed the weekly calls.. All the weekly calls posted for this week met its target easily

reliance capital from 858 to 895
sesa goa from 412 - 420
M&M from 1080 to 1040
tata steel from 618 to 640

One can book profits here. For risk taking investors..hold onto tata steel, reliance capital and M&M for further 3-4% gain

Nifty closed well above 5240.. so hold onto nifty for our targets of 4350+

Intraday/Positional trading ideas for 5Jan09:
buy tata motors fut @ 616-618 target 630-655 (charts looking very bullish)
buy financial tech fut @ 1424-1427 target 1460-1500 (Good breakout with volumes after a long consolidation around 1350-1400 levels)
buy nifty 5400 CA @50 target 120-140+

Note: Guys please do your own research, consult your advisor's on the above scripts before investing

Happy trading! All the best guys.

1 comment:

  1. Ji, you had provided TataSteel as TataMotors, I think in the Intraday/Positional trading ideas for 5Jan09. Thanks for your good work.

    ReplyDelete