day trader ...

TRADING STRATEGY :15th November'07

NIFTY FUTURE : Above 5950.....will take to 6012 level , if 6012 crosses buy nifty spot with target 6076 level for intraday. sell nifty at higher level with sl 6080 level for intraday. if market opens with high open sell nifty with sl 6080 level , i expect nifty to correct intraday and expect recovery on course . TOP PICKS OF THE DAY ::::: ( 3 stocks) GNFC : Once trade and sustained above 172 expected one side move and it will touch 175 AND 179 mark in a day .... stock has formed double top and double bottom buy 101 % true buy... HINDALCO : buy with sl 214 , with target 223.50 , 225 in a day... this stock is likely to kiss 250 in coming days (in next week so...) long term target 400 level ...( not joke , trading @ 8 p/e , whereas sterlite trades with 50 p/e .. stock is too cheap compared to sectorwise...) PNB : buy with sl 595 , with target 627.75 , 631 in a day... this stock is likely to kiss 850 LEVEL in december 2007.. ON PANIC SELLING BUY GNFC & HINDALCO AVIOD SHORT IN THIS SCRIP , SCRIP MAY EXPLODE ANY TIME.... BULL CALL : IDFC : break above 204 , buy with target 216.5 rs with huge volumes is expected... HIND UNILEVER : buy above 202 with target 208 level. REL : break above 1962 , will stock to 1992 , 2064 level. SELL CALL : BANK OF INDIA : break below 367 , will stock to 360 , 355 level. sell this stock on panic level. P F C : sell @ higher level with sl 295 with target 285, if breaks 283 with volumes will take to 280 , 271 level on panic... Disclaimer :tradingcallonline.blogspot.com an independent publisher of Trading and Investment advice provided for the education of traders and investors.The newsletter is an information service only..Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved.The information provided herein is not to be construed as an offer to buy or sell securities of any kind.We do not assume any responsibility or liability resulting from the use of such information, judgements and opinions for Trading or Iinvestment purposes.