Buy & Sell Daily
BUY & SELL
Author: RAMESH CHANDRA - TAMILNADU
CONTACT US FOR STOCK MARKET RECOMMENDATIONS
E-Mail: buysell_india@yahoo.com, buysell_stocktips@yahoo.com
PH NO: - 098940 43090
Fireworks for the week 06th SEP 2010 - 09th SEP 2010
MARKET OUTLOOK FOR THE WEEK
STOCK SPECIFIC MOMENT TO CONTINUE - GLOBAL CUES & FII’S FLOW MUST BE SUPPORTIVE…
Risk averse trade brought narrow range trade after recent fall in markets… Market facing hurdle to hold above 5500 mark also gives cautiousness amongst investors… If we don’t find any specific positive news, then we will see upside cap around 5550-5600 level & narrow range trade with negative bios…
Remember all global markets in negative about 15-30% from their previous years; we are in positive about 20% when comparing with previous year… We should monitor FII’s flow closely – if it fails to continue as like now, then we will see setback in our markets too…
Stock Specific moment to continue and even we are in good condition while comparing with other markets, its advisable to book your profits step by step and make any new entry with caution note is strongly suggested…
SENSEX 18221
TECHNICAL VIEW (Week 06.09.10 – 09.09.10):
This week 18345 & 18096 will act as “KEY LEVELS” – if it maintains above 18345 or maintains below 18096 levels will decide the trend of market in next week…
SUPPORTS: 18096, 17947, 17754 & 17595…
RESISTANCES: 18345, 18514, 18603 & 18766…
SENSEX FOR THE DAY 06.09.10:
Today, if SENSEX maintains above 18276 will give upside target of 18432-18514 levels… Or else it may slide up to 18042-17947 levels…
SUPPORTS: 18287, 18096, 18042 & 17947…
RESISTANCES: 18276, 18345, 18432 & 18514…
NIFTY 5479
TECHNICAL VIEW (Week 06.09.10 – 09.09.10):
This week 5517 & 5441 will act as “KEY LEVELS” – if it maintains above 5517 or maintains below 5441 levels will decide the trend of market in this week…
SUPPORTS: 5441, 5396, 5338 & 5289…
RESISTANCES: 5517, 5568, 5595 & 5644…
NIFTY FOR THE DAY 06.09.10:
Today, if NIFTY maintains above 5496 levels – then it will give upside target of 5545-5568 levels… Otherwise it may slide up to 5424-5396 levels…
SUPPORTS: 5459, 5441, 5424 & 5396…
RESISTANCES: 5496, 5517, 5545 & 5568…
WHAT WE TRADE & HOLD (20-Aug to 03-Sep):
|
SCRIP |
ENTRY |
SL |
ENTRY |
SAID TGT |
POSITION |
|
|
|
|
|
|
|
|
ISPAT C/F |
18.50 |
17.60CB |
23-AUG |
22-23 |
MADE TOP 20.40 ON 03-SEP |
|
SKMEGG DELIVERY |
15 |
13CB |
24-AUG |
22-25 |
MADE 19.60 ON 02-SEP |
|
SHORT WIPRO FUT |
408 |
413CB |
24-AUG |
399-396 |
BOOKED @ 397 ON 26-AUG |
|
SHORT TV-18 C/F INTRA |
91 |
93 |
25-AUG |
87-86 |
BOOKED @ 87 INTRADAY |
|
SHORT TECHM FUT POSITIONAL |
700 |
720 |
25-AUG |
OPEN |
BOOKED @ 642 ON 31-AUG |
|
BUY GESHIP C/F POSITN |
300 |
290CB |
26-AUG |
315-330 |
MADE TOP 313 ON 03-SEP |
|
NIFTY 5400 PE BUY |
87 |
78CB |
26-AUG |
115-140 |
MADE TOP 131 ON 31-AUG |
|
SHORT TCS FUT POSITIONAL |
872 |
885CB |
27-AUG |
846-829 |
BOOKED 50% @ 834 ON 31-AUG |
|
SHORT TELCO FUT |
1005 |
1017 |
27-AUG |
981-966 |
MADE LOW 986 ON 30-AUG |
|
TELCO 980 PA BUY POSITIONAL |
24 |
15CB |
27-AUG |
OPEN |
MADE TOP 35 ON 31-AUG HOLDING |
|
SESAGOA 300 PA BUY POSITIONAL |
6 |
2CB |
27-AUG |
25-30 |
HOLDING |
|
SHORT UBI FUT |
340 |
350CB |
31-AUG |
321-318 |
BOOKED 50% @ 328 ON 31-AUG |
|
SHORT JINDALSTEL FUT |
700 |
720CB |
31-AUG |
660-645 |
HOLDING |
|
DLF 300 PA BUY |
9 |
5CB |
01-SEP |
18-27 |
HOLDING |
|
WEEKLY BUY NMDC |
245 |
240 |
01-SEP |
265-270 |
MADE TOP 256.50 ON INTRADAY |
|
2-3 DAYS HUL FUT |
264 |
261 |
01-SEP |
274-275 |
MADE TOP 273 ON 03-SEP |
|
ICICI 950 PA POSITIONAL |
15 |
10CB |
01-SEP |
45-50 |
HOLDING |
|
SHORT NIFTY FUT |
5440 |
5459 |
01-SEP |
5405-5386 |
MADE LOW 5412 INTRADAY |
|
POSITIONAL BUY MLL C/F |
48 |
46 |
01-SEP |
52-55-60 |
MADE TOP 52.35 ON 03-SEP |
|
TATAGLOBAL C/F |
123 |
120CB |
01-SEP |
132-135 |
HOLDING |
|
TATAGLOBAL 125 CA |
3 |
1CB |
01-SEP |
9-10 |
HOLDING |
|
BRFL C/F |
257 |
253CB |
02-SEP |
270-275 |
HOLDING |
|
|
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WHAT WE MADE WITH OUR PREVIOUS HOLDINGS:
|
SCRIP |
ENTRY |
SL |
ENTRY |
SAID TGT |
POSITION |
|
|
|
|
|
|
|
|
JAGSON AIRLINES |
10 |
9CB |
09-JUN |
12-15-18-25 |
BOOKED @ 23 ON 31-AUG |
|
SPEL SEMI CONDUCTOR |
16 |
13CB |
17-JUN |
22-25 |
MADE 1ST TGT 22 ON 24-AUG |
|
SHORT RIL FUT POSITIONAL |
1060 |
1085CB |
27-JUL |
950-900 |
MADE LOW 920 ON 31-AUG |
|
MRPL C/F POSITIONAL |
78 |
75 |
03-AUG |
87-90 |
BOOKED 50% @ 84.5 ON 24-AUG |
|
PIRHEALTH C/F BUY |
480 |
460 |
05-AUG |
540-550 |
BOOKED 50% @ 518 ON 24-AUG |
|
RIL 1000 PA MONTHLY |
20 |
NO SL |
09-AUG |
45-90 |
BOOKED @ 44 ON 26-AUG |
|
PIRHEALTH C/F BUY |
475-480 |
460CB |
10-AUG |
505-510 |
BOOKED @ 525 ON 25-AUG |
|
SRF WEEKLY BUY |
256 |
245 |
13-AUG |
280-288 |
BOOKED @ 298 ON 24-AUG |
|
UNIPHOS C/F |
187 |
184CB |
13-AUG |
195-200 |
BOOKED @ 197 ON 19-AUG |
|
EDUCOMP C/F BUY |
580 |
555CB |
19-AUG |
615-630-675 |
SL HIT & HOLDING |
|
RUCHISOYA C/F |
116 |
113CB |
19-AUG |
123-126-131 |
MADE FINAL TGT ON 26-AUG |
|
DISHTV C/F |
50 |
49CB |
20-AUG |
54-57-60 |
BOOKED 50% @ 55 ON 02-SEP |
|
IDFC C/F |
185 |
182.20 |
20-AUG |
190-195 |
EXITED 189 ON 23-AUG |
|
IDFC 190 CA |
1.10 |
0.60 |
20-AUG |
3-6 |
MADE TOP 1.90 |
|
|
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Note:
1. In the above tables C/F stands for recommended both Cash and Future based on client’s trading choice…
2. In the above tables CB stands for STOPLOSS on closing basis…
We made loss in the period 20-Aug-2010 to 03-Sep-2010 in Sail (Rs.3), L&T (Rs.15), Cipla (Rs.5) & OptoCircui (Rs.5)…
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Disclaimer: - All the views in this newsletter about market and stock movement are for information purpose only. Recommendations, opinions, suggestions are given with the understanding that readers acting on the information assume all risks involved. Stock market activities are subject to market risk. These recommendations are on the basis of technical analysis. We are not responsible for loss and profits due to the above-mentioned recommendations. Information is obtained from various sources, which are deemed to be reliable but are not guaranteed as to accuracy and completeness.