Intraday calls for 06-06-14
Markets likely to open slightly higher. Support for nifty is at 7480
Buy Kopran at 39.35, target: 43. Stoploss: 38. – (continue to hold, looks good technically)
9.29am Swing call – Buy Ajanta Pharma at 1191, target: 1225. Stoploss: 1174
03.06pm – Book profit in Amara Raja Batteries at 432.50
Thought for the day: “Wisdom is not a product of schooling but of the lifelong attempt to acquire it.”
― Albert Einstein
SMS Alerts, no more page refreshes required
450 Responses
{ ADD YOUR OWN }Leave a Reply
Subscribe to Comments feedLatest Query
- by Sam
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
Kartik Says:
June 7th, 2014
Posted at: 1:21 pm
Hi Vikas Shrotriya, Good afternoon. not sure of entering these now as they have already rallied quite a bit. would advice to wait for some dip
sheeja Says:
June 7th, 2014
Posted at: 1:39 pm
Hi Kartik
Can you please suggest on MMTC. I am long on this @100 levels.
What should be the possible target and SL I should maintain. Thanks.
divyesh Says:
June 7th, 2014
Posted at: 3:44 pm
hello karthik & cb what is target seen on monday in PNB
kartick Says:
June 7th, 2014
Posted at: 3:48 pm
CB.. What is the upside for suzlon? Holding at 19. Should I book profit? I can hold it for long term.
jaikumar Says:
June 7th, 2014
Posted at: 4:23 pm
Hi Sir
Monday i planning to enter lt 1600pe. plz give me entire level.
CB Says:
June 7th, 2014
Posted at: 5:12 pm
Hi sheeja, it can head upto 112-115 in coming days
Hi divyesh, can test 1045
Hi kartick, yes, book partial profits for now. can hold rest for long term
Hi jaikumar, LT pe? can enter it if nifty starts to see some profit booking. it does look overbought.
TradeWarrior Says:
June 7th, 2014
Posted at: 5:14 pm
Hi ND, 0.20%, i think they have something called AMC plan to get your brokerage reduced.
abhishek Says:
June 7th, 2014
Posted at: 5:22 pm
Hi TradeWarrior, Nice one. 10% minus from profit!!!!. That can be done. Sometime, you see, you don't know, what would be the minimum price for a share to sell if you buy that at Rs 100. As per you calculation it should be Rs 110 for no loss, no gain. Right.
Anyway, I am sharing my excel sheet. Just have look. Here is the link
https://www.dropbox.com/s/vnprzlkpoiv08fp/Calculation.xlsx
Suggest me about Reliance Power and ICICI bank. What would be the target for next week. Do you think Reliance Power will close around 120 and ICICI Bank around 1520 by the end of coming week.
Regards
TradeWarrior Says:
June 7th, 2014
Posted at: 5:50 pm
Hi abhishek, Saw your excel that will confuse every one so can not maintain that.
Correction on your example : Buy 100 @ 100 | Sell 100 @ 110 | Profit = 1000
Now on profit its 10% i.e., 1000*10% = 100 Rupees (Brokerage + Other charges)
Final Profit is 1000-100 = 900 Rupees.
PCS Says:
June 7th, 2014
Posted at: 6:02 pm
CB Sir, What is view on MCLEODRUSS. Shall I enter.
ND Says:
June 7th, 2014
Posted at: 6:12 pm
Hi abhishek,
I have gone through your excel sheet. Considering all the trades in delivery, i calculated with my Zerodha brokerage and observed you could get net profit of 8143 rs instead of 6341(Ur current profit) because u paid 1800 extra brokerage for those trades. You can calculate your total monthly loss that would be very high.
Ask your broker to minimize the brokerage or try to open account with zerodha.Also,u can reach me at [email protected] to open account with zerodha.
Thanks ...!
ND Says:
June 7th, 2014
Posted at: 6:20 pm
Hi TradeWarrior,
Thanks for reply :-)
Today i calculated my total brokerage paid to sharekhan was 14400 in May month only. Shocked to see that. For F&O i used to trade in zerodha but now onwards will do equity as well.
ND Says:
June 7th, 2014
Posted at: 6:22 pm
Hi CB,
Good evening Sir,
Please suggest Idea target for 3-4 days.
CB Says:
June 7th, 2014
Posted at: 6:44 pm
Hi ND, Good evening. not really sure of entering it yet. has been moving in the 137-145 zone since long
Hi PCS, not yet. has resistance at 300-305
PCS Says:
June 7th, 2014
Posted at: 6:49 pm
Thanks Sir.
TradeWarrior Says:
June 7th, 2014
Posted at: 6:55 pm
Hi abhishek, Can not comment on ICICI Bank & Reliance they will move along with nifty and nifty is volatile.