Open Trade Strategy - 25th Aug

For me Initial hour trade it is like Playing Power play in Cricket. Even it is not advised by most experts that trading in this crucial hour, we can't omit opening hour in this kind of range bound market; Because out of 70% range for the day meet by in this hours'. (For Example.. Tatamotors High 1026 / Low 1007.10 - First hour High n Low was high 1026 / Low 1010)

If you missed this hour you may miss the whole day, Intraday Trading is taking chance.. Taking chance in opening hours is too risky but that same time your reward and exit time also advantages for you..

Lets see few levels how it will be in tomo's opening hours:

Reliance: 986 / 981 / 977 / 967 / 962
Tatamotors : 1028 / 1018 / 1008 / 1001 / 991
TataSteel: 526 / 523 / 517 / 513 / 510
AxisBank: 1356 / 1362 / 1373 / 1382 / 1398

Kindly check these noes representation in tomo market, Trading Strategy will be update in coming days...

Happy Trading!!!

Rajesh V Ravanapan

Stock Ideas 20th Aug

intra levels 19th Aug

My Pick:

Buy ICICIBank & DLF above R1 for Tgt R3 Sl S1

Levels for Aug18

HOW TO USE IT:

RANGE BOUND AROUND 20 POINTS:

• R2 / S2 WILL BE THE REVESAL POINTS
• IF NIFTY OR STOCK KEPT HIGH BETWEEN R2 & R3 SELL WITH R4 / R3 AS SL FO RTHE TARGET OF S1 (Vise versa For Buying)
• IF S1 HAS NOT BROKEN TILL MID DAY, BUY WITH S1 AS SL FOR THE TARGET OF R3 (Vise versa For Buying)
  
  

TREND MARKET:

• BUY ABOVE R1 WITH SL OF S1 TGT R3 & ABOVE
• DON'T DO AGAINST TRNED BEYOND R3 & S3

Intra Levels For Aug 17

INTRA CALLS - AUG 16

STOCKS FOR THE WEEK AUG 09

stock levels 13 Aug

Daily Levels Aug 11

STOCK IDEAS AUG 10

BUY HINDUNILVR @ 256 LVLS WITH SL 253 TGT 264
BUY RANBAXY @ 449 LVLS WITH SL 446 TGT 460
BUY DCHL @WITH SL 131 TGT 142

DAILY LEVELS 10 AUG

WEEKLY CALLS - 09 AUG

*Tulip Tgt 1 - 184

Close abv TGT1 strong bulls' sign, hold till TGT2; SL keep closing Base..
Happy Trading..

WEEKLY STOCK IDEAS - AUG 09

SS - STRONG SUPPORT
SR - STRONG RESISTANCE

Stock closed above SAR:
Buy near SS with S1 as SL for the targets of SR / R1 / TGT
Stock Closed Below SAR:
Sell Near SR with R1 as SL for the targets of SS / S1 / TGT

MARKET WATCH AUG 06

Reliance:
Below 1025 weaken him;
One can buy @ 1003 levels with sl 998 (only 5rs risk) - tgt 1025 (Risky call)

TataSteel:
Last week Close: 537 / last two days lows are 537.10 /537.05
Close below 532 will be worry for bulls;
Buy around 532 - 537 levels with SL 527 (537 if not broken in Intra, then it will get ready for further rally above 543)

Tatamotors:
He took exact support @ 836 (835 Yesterday low) and closed above 856 signals his further rally;
One can buy again around 856 for tgt of 890

AxisBank:
Weaken of Week: Lower side may test 1280 Keep sl @ 1329 for your positional Short.
Sell around 1323 range with Sl 1332

DLF:
Last 5 days ascending lows ( 300 -302.15 - 304 - 305.60 - 310):
Closed above 307 shows some interest in Bulls:
close above 307 will take him 327 (*Last twos days flash take him consider)

ICICIBank:
If opens below 961 sell with sl 969 tgts 953 - 946

Ster:
Below 175 will be worry for Bulls; (174.85 las week low)
But one can add in portfolio @ 175 level for tgt of 185

Hindalco:
Last 9 days forms ascending Lows;
Hold this stock; 162 will be right place to add him in portfolio

HDIL:
SAR @ 263;

Nifty Spot:
Close above 5460 will be sign for bull run; Before strong close we can expect small correction or stagnant with HIM

NF SAR @ 5410

Intraday levels:

MARKET WATCH AUG 5

MARKET WATCH AUG 04

TATASTEEL :
Last 2 days closed above 543 (Above Resistance) - One can buy with Sl of 543 (Close base)

STER :
last two days closed above 177 (Above Resistance) - Once can buy with SL of 177 (Close Base)

HINDALCO:
closed abv 162 and meet 166.95 (Our tgt 168)

Reliance:
Trading at 23% retrace from Swing low (1010); close above 1025 is good sign for Bulls, watch above 1025

DLF:
Only Close above 307 , will think of BULL

Tatamotors:
836 is strong support, close below 836 will take him to 820 - 810

Axisbank:
Trading @ 38% retrace level from swing High (1396). & last 5 days low managing around 1340 levels; strong resistance facing @ 1358 (close base)
Close below 1342 leads to further corrective mode

Hdil:
Strong Support @ 264 levels, watch this level on Close base

ICICIBANK:
This stock in Wild mood ; Risky traders can sell with SL of 970 levels

NIFTY SPOT:
NIfty Made out Tgt of 5460 ; Fresh buy suggested above 5460 (Close base) or @ 5340 levels

Intra day levels for Aug 04:

Intraday My Choise from above List:

Axis Sell
Tatamotors Sell
HDIL Sell
Dlf Buy

WEEKLY CALLS UPDATE & LEVELS FOR AUG 03

WEEKLY CALLS UPDATE:

Market opened with gap, almost all scrips opened at our TGT1 range..

- Avoid ICICI bank meet our tgt2
- Watch HDIL, Tatasteel, Ster and Hindalco - Buy at intraday dip ( keep S1 SL)
- Breakout levels for Intra purpose

* Correction - It's not Open rate / it's Close rate in Intra Levels

STOCK IDEAS FOR THE WEEK - 02 AUG

How to Enter:

• Buy levels are Scrips' weekly support level.
• Close below Buy level indicates Scrip's weakness / keep Strict SL (close base advisable).
• Close above Tgt 1 shows Scrip's bull strength, Hold till tgt2 with cost SL.
• Always take support of Nifty levels for Entry & Exit.
  

NIFTY SPOT LEVELS (CLOSE BASE):

WEAK BELOW - 5341 / TGT 5282
STRONG ABOVE - 5394 / TGT 5460