what is tar of ibrealest and appolohospital tomorrow

where r u seeing nifty in 2 days ................can we 5330 in 2 days again...........?

for long term i should be in short position or long position on nifty ... In a year whats ur vision 6000 soon or 4000 soon ??

HI CB

Is it the right time to buy NMDC as its seeing some bounce, please advice.

Hi suzane, Currently Reliance Money Charges Least Brokerage, dat too on coupon basis, its gud, 0.01% on intraday n 0.1% on delivery basis plus taxes

HI Kartik,
I would like to know ..regarding futures ' which stock is better to trade..or which is more riskier .. the large caps with less numbers in each lot ex-reliance or the lesser priced stocks like ifci , ispat, litl , noida etc..with heavier lot size ...
Also , whenever a stock gets split , how is the lot size calculated in derivatives ...does it continue to remain the same ...Sorry to question u so much regarding this minor mystery called ' Futures ' !!

Hi JAGDISH, Yes, continue to hold onto it for some time.

Hi ajit, no, its looking strong as of now.

Hi nibu, hexaware has support at 63. clutch has some resistance at 65. above this it can see 71

Hi Manish, hold it for short term. likely to bounce back.

Hi rashid, no, not sure yet. lets see how asian markets open

Hi nalini, ib can see 157. apollo around 731

Hi umesh, it can see 96 tomorrow..

Hi keval, no, not sure yet. support is at 5250 and resistance at 5320. maybe remains in this range

Hi suzane, ok thats cheap.. ventura is also cheap.

Hi Sandip, crude is going a bit strong. can see 303 if markets are good.

Hi Sri, yes, for med term one can invest in it. can add 20-25%

Hi svk, its looking good. can see 432

Hi Gitanjali, if a stock is split then futures lot size is doubled. as of now go long on lic. its looking good.

Hi Thomas, has strong resistance at 75-77. dont enter it yet

Hi suzane, I read your strategy and realised I had tried the same six months ago and then stopped using it.

Reason:
This system uses the logic that the scrip is in constant uptrend. (That's the reason you go long on 10 lots and not short on 10 lots to start with). Your returns reduce drastically when the scrip goes in a sideways trend and your returns go negative when the trend changes direction.

What you are actually doing in this system is holding 10 lots for long term and trading with multiples of 2 lots for short term.

Whatever returns you get are with the short term trades and will give good returns both in uptrend and sideways trend but fails in a downtrend (unless you enter and exit @ support and resistance levels).

The initial 10 lots bought will only give returns in long term if the uptrend continues. but would give no returns if the trend becomes sideways and results in huge loss if the trend changes to downtrend.

Since you earn more in short term trades with reduced risk of a change of trend, so my reasoning concludes to trade more lots in short term and keep on repeating the same trades multiple times rather than keep it for long term.

This is the system i follow now:
E.g.: Trades made by me on Tatasteel.
I had bought 100 shares on 23/10/2009 @ 530, after which the price went down.
I again bought 100 shares on 5/11/2009 @ 465 bringing my avg. price to 497.5
I sold 100 shares on 9/11/2009 @ 510, Profit 1250/-, Balance 100 shares @ 497.5 (Selling off 100 shares above my avg. price reduces my risk and also my capital involved.)
Again sold 50 shares on 23/11/2009 @ 575, Profit 3875/-, Balance 50 shares @ 497.5
Again bought 100 shares on 27/11/2009 @ 530, Balance 150 shares @ 519.2
Sold 100 shares on 30/11/2009 @ 580, Profit 6080/-, Balance 50 shares @ 519.2
Again bought 100 shares on 3/12/2009 @ 545, Balance 150 shares @ 536.4
Sold 100 shares on 29/12/2009 @ 625, Profit 8860/-, Balance 50 shares @ 536.4
Sold 50 shares on 8/1/2010 @ 650, Profit 5680/-, Balance Nil.

Again Started a new cycle on 25/1/2010.
Bought 100 shares on 25/1/2010 @ 610.
Added 100 shares on 1/2/2010 @ 565. Balance 200 shares @ 587.5
Sold 100 shares on 3/2/2010 @ 600. Profit 1250/-. Balance 100 shares @ 587.5
Added 100 shares on 6/2/2010 @ 559, Balance 200 shares @ 573.3
Added 100 shares on 9/2/2010 @ 531, Balance 300 shares @ 559.2
Sold 200 shares on 17/2/2010 @ 584, Profit 4960/-. Balance 100 shares @ 559.2
Sold 50 shares on 5/3/2010 @ 625, Profit 3290/-. Balance 50 shares @ 559.2
Sold 50 shares on 29/3/2010 @ 650, Profit 4540/-. Balance Nil

Total Profit in Oct-Mar: 39785/-. Trading Charges: 4500/- (approx.) :)
Avg. Daily Share holding: 125 (approx.)

Campare the same with Long Term Trade from 23/10/2009 to 29/3/2010 for 125 shares.
Profit: 15000/-. Trading Charges: 705/- (approx.). :(

Regards

Sunil Rao.