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Intraday calls for 23-07-08

Posted on: July 23rd, 2008 at 9:21 am

Buy Adlabs Films at 436, target: 456. Stoploss: 432
Buy NTPC at 185, target: 190. Stoploss: 183

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2 Responses

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  1. pavan Says:
    July 31st, 2008
    Posted at: 7:29 pm

    Hi sir,
    Can u please explain clearly about this line.
    "Try to predict the general direction of a stock price but do not try to pick tips and bottoms".
    Thanks in advance


  2. CB Says:
    August 1st, 2008
    Posted at: 2:03 am

    Hi pavan, it means you can predict a direction of a stock, it may be in a downtrend or an uptrend (technical analysis) but it is never sure to say if a stock has reached its bottom (its currently at is lowest price and won’t fall more) or that its moved up a lot now and wont go up further.. Hope this answers your query..


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