/* October 2010 | Archives

Sunday, October 17, 2010

Sure Shot Commodity Kedia


NIFTY :
Choppy Market....crossover 5766 over all buying in the market may test 5800-5830-5850, thereafter reversal can not be ruled out....
Overall market is still holding 200 DMA which is near to 5600 level... Trading range 5580-5620 watch, as remain hold short term positive bias. On the higher side resistance 5750-5830-5910 levels for the ensuing week. Trend Decider 5690

.BSE INDEX
Yesterday BSE SENSEX showing some strength and it closes positively. The next important level to watch out for tomorrow intraday trading in BSE support would be 19035-18919, while the resistance would be 19231-19311. Today RBI policy so a lot of volatility in the market. ICICI Bank, SBI, looks hot and go long.
We may consider down side major support 18700 and 18500 as hold this level up move continue, higher level resistance should watch 1270-19500 and 19816 in ensuing week. 

CNX BANK NIFTY
Yesterday BANK NIFTY showing good strength and close positively. The next important level to watch out for tomorrow intraday trading in BANK NIFTY support would be 10984-10816, while the resistance would be 11248-11345. Higher level do not trapped please...

Now consider resistance 11000-11150... Successfully crossover over all buying in banking stocks... Otherwise reversal to sell for big profit... Just follow levels and play....

ICICI BANK
Today support 1050.......Resistance exit 1095-1110, thereafter see what happened today....but one thing is sure... do not remain open your short...... 

IDBI
Excellent result on the card......... Today trading range 150 to 155.. break out in either side, one side movement....... 

BGR ENERY
Yesterday first sign of trend reversal and closed above 650........so what next, decide your trading strategy. 

TISCO
Yesterday closed near to resistance level..... now today watch ...650-656, whether it will cross successfully or not... If so short term up side. 

LT
Time to accumulate at current level... with consider support 1650 -1633-1600 mark... resistance exit 1700.. 

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Friday, October 15, 2010

Get Sure Shot mcx, commodity Tips Free Trial

                   Choose those stocks where there is huge volatility , which means look for stocks which are sensitive to the price volatility , thus the movement of up and down of a share price should be high , they should not be slow moving stocks and momentum should be there every time. 
                   Such stocks are very sensitive to the daily rumours and to the news, these are the most traded stock but it may not be necessary that they belong to the blue chip companies only, you can find such stocks in the mid cap section too. Some penny stocks also have big price fluctuation range. An investor need to be cautious that there are many stocks which are quiet for some time on the market and suddenly they gain momentum and will come into limelight, be away from such stocks they do not have any volatility only once in a year or so they become active, such stocks have volatility of only few minutes, again they will disappear.
  
Once you comfortable and gains confidence than no one can stop day traders and investors from earning profit from the stock market.
Have confidence and trade without emotions and see how things changes for you in short while.