Monday 21 October 2013

Nifty & USD/INR are at the important juncture

Nifty & USD/INR are at the important juncture

Time will tell us the whether it will continue the current trend with stronger grip or whether it will take  reversal at this juncture

Below is the study which will tell us probability of reversal.

Nifty Hourly Chart -


Nifty Daily Chart -



USD / INR Daily Chart -





Wednesday 9 October 2013

Sell - Crompton Greaves

Sell Crompton Greaves near or below 93 with SL 94 for the Target - 91.50 / 90.50


1st Target Achieved on Coal India Future - Bingo

On 4 - Oct, We anticipated Coal India Future for Short as per below -

"Sell Coal India Future @ nearby 307 with SL 315 for Target - 297 & then 287"

Today 8 - Oct, Coal India future price made a low of 296.10 and achieved the 1st Target given.
Total Profit - 10 Points * 1000 = Rs. 10,000/- on the 4th trading days.

We can see more weakness on the stock and price will slip more on downwards direction. So Suggest to adopt trail Stop Loss if anyone carried the position further.

Tuesday 8 October 2013

LUPIN Update: - Anticipated & Happened

All Targets has been Achieved after Buy given on LUPIN in a 3 trading sessions.
Please find the details below-

Anticipated on 3 Oct 2013 - 

Current Price - 852.350
Buy Lupin nearby 852 for SL 845, 832(aggressive) for the target 870, 890 and further more..
Happy trading!!! powered by www.wavesmantra.blogspot.in



Happened on 7 Oct 2013 -

LUPIN made a high 898.50 and close 896.
Buy given at 852. Achieved  total 46 Points. Total Gain of 46 * 500 = 23000/- in a 3 trading days.

Good Luck.
Happy trading!!! powered by www.wavesmantra.blogspot.in


Friday 4 October 2013

PFC - Short Call

PFC Spot Price - 134.20

Sell PFC nearby @134 with SL 138, for the target 129, 124 & 119.