Wednesday, 7 March 2012

HPCL Inverse Head & Shoulder

Inverse Head& Shoulder broken in HPCL @300. 
Consolidation going between 300 & 317. 
One can Buy @Cmp 304  SL 299.Target 345.

Tuesday, 6 March 2012

7 Mar

Stop and Reverse SAR 5400
Trend Reversal up above 5400.
NiftyFuture 5250.

Resistance
5358
5304
Support
5196
5142
HappyTrading 

NR7 day followed by a highly volatile day as Bulls & Bears, both camps fought each other, finally Bears won the battle not giving any chance to Bulls to get the Momentum above 5440,a tough resistance saved by Bears to continue their Southward journey to achieve my Target 5240 mentioned for the last few days! 5200-5240 a strong support zone which should be held to maintain Longterm Bullishness on closing basis.

Monday, 5 March 2012

6 Mar NR7 day

Stop and Reverse SAR 5406
Trend Reversal Up above 5406.
NiftyFuture 5319

Resistance
5360
5340
Support
5298
5277
HappyTrading 

5 Intra

Shorted 5349  SL 5354.05  Target  5282.
Booked 50% Profit  5320. +29 
Remaining 50% booked 5310. + 39
Net +34 

Saturday, 3 March 2012

5 Mar

Stop and Reverse SAR 5460.
Trend Reversal Up above 5460.
NiftyFuture 5391.

Resistance
5438
5415
Support
5367
5345.
HappyTrading.

Nifty would have been bearish, till it closes above 5460, Target being 5240.



Thursday, 1 March 2012

2 Mar

Stop and Reverse SAR 5426
Trend Reveresal above 5426. 
NiftyFuture 5391

Resistance
5440
5415
Support
5365
5340
HappyTrading 

Nifty would have been bearish till it closes above 5460. 

1 Intra

Short 5375 SL pass 5381  -6
Short 5360 Target 5330 [daylow 5341], TSL pass 5363. -3 
Net -9
Long JubiliantFood 1060. SL 1058.[Quantity 100]
Booked 1080. +20