We strongly recommended to BSE SENSEX 15000 and NSE NIFTY 4500 for 2012 year end. Now markets trading near our target, What you say about it?
Ok, We continuously recommended to avoid long. But one-thing must buy value scrips at lower level systematically to get short term gains.
BSE SENSEX - NSE NIFTY
| Index | Support | Resistance | Trend | Month |
|---|---|---|---|---|
| NSE NIFTY | 4500 | 5100 | Bearish | November 2011 |
| BSE SENSEX | 15000 | 17000 | Bearish | November 2011 |
Stock Market Advice
Did you know? above 90% of day traders loss their wealth in margin trading, please don't join in this list.
Performance of Tips
Amtek Auto, Nitin Fire, PG Electroplast, Hathway, Den networks, HOV Services, Alfa Laval, CCL Products, K S Oils, Axis bank, Shalimar Paints, Tata Investment Corporation, Axis IT, Reliance capital...recently recommended successful scrips as free tips.
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Most of recommended securities for investing, Intraday, BTST performing well. See the previous posts to know the past performance of recommendations.
Day Trading - Intraday Stock Trading and Strategy
Amtek India
Stock price now Rs. 78.
Buy with stop loss of Rs. 75.
Target price is 80 to 85.
Book profit at higher level. Pure Intraday Tip.
Welspun Projects
Share price level - Rs. 27.
Buy with stop loss of Rs. 24.
Price target is 32 to 35.
This is buy and hold call, Time frame one week.
Glodyne Technoserve Limited
Share price level - Rs. 200.
Buy with stop loss of Rs. 180.
Price target is 230 to 240.
This is buy and hold call, Time frame one week.
GTL Limited
Share price level - Rs. 38.
Buy with stop loss of Rs. 30.
Price target is 55 to 60.
This is buy and hold call, Time frame one month.
Update on 24-Nov-2011 before Indian stock exchange open.