federal bank undergoing retracement

presently fed bank undergoing retracement.
It may touch 59.8 and start journey upwards to touch 61 and further

Federal bank offering opportunity

federal bank is moving around 58.1 and chance to go to 58.6 very soon

Better strategy

problems with lumsum investing and waiting for a very good price: lot of tension, chances less if we can reach that target or not, hands tied up for buying at opportunities.
better to sell and buy for a minimum profit.

Andhra Bank share, Best bet to gain

Andhra Bank share is climbing a ladder. Good opportunity to gain money. Buy when it falls to the support line and sell near top resistance line.It will come down to 49.8 and goes to 50.6 tomorrow.

lessons learnt

lessons learnt
select and study 10 shares
invest only in two or three shares in a day
wait for opportunity. sure opportunity should only make you invest.
Never trade just into any share , for trading purpose.
some shares like voltas are genuine and hcl is bogus

12May Lessons learnt.

steadily invested.

depended on reliable stock voltas.

hastily entered again into hcl. may be washed out loss caused 2500 loss. never enter into this scrip .

small amounts of 500 shares did not farewell.

could close by 12 noon but for few scrips which yielded paltry profit for lot of effort.

observed diff in trends in bazar.

Recommendations for tomorrow:

BUY: 

ACC

apollotyres

voltas

castrol

centralbk

Sell: 

apollotyres

asian paints

aurobindo

axis bank

cipla

voltas sell to 303

sell voltas at 307 and cover at 300

10May 2016-Lessons learnt

1 Deal with good heavy scrips,

2 Two trends in trading , every day in the market. First half up to 12 noon, good , favorable trend based on yesterday results, and the later one is dragging, risky, based on current day.

3 Enter into trade at 930 and complete before 945, and reap results by 1130. Dragging scrips can be given time till 315 pm.

4. every transaction throws heavy load of brokerage. so calculate and enter 

5.When raising take profit , never wait till another chance , as it quickly reacts back.

6.learnt from wipro short sale, it took time to react.

7.close day with profit.

HindZinc sell, IBRealEstate, IDFC india cements,

hindustan zinc bear grip, sell to cover at 166 easily.

IBReal Estate

IDBI bearish, sell below 66.5 to cover at 64

idea sell

IDFC buy

india cements watch

HCL Technologies to watch

HCL on border, if it crosses down 721 it goes till 715 or it may climb up to 727 as retracement.

HDIL buy at 82

Hexaware: buy at 217.5 expected:222

financetech weka, bearish, sell at 84.5 to buy at 80 . it goes upto 75

GAIL short term weak , bearish, sell current price to cover at 378 and further at 375 levels

Exide very strong

buy at 144.5 and sell at 150

Dabur: wonderful bullish: buy at 288  reaches 297

Good tips for intraday trading 

• 1 selection:.select a good script with uptrend in the daily chart, weekly chart,
• 2.watch for a signal from a trend reversal to buy signal
• 3.catch early, from 10 to 11am,
• 4.ignore 5 mt movements, concentrate on hourly movement.
• 5.keep stoploss below to avoid the false signals generated sporadically.
• 6.Try to close before 230pm.
• 7.dont accumulate more than 3k.
• 8.do not keep more than two scrips to concentrate.
• 9.follow the nifty trend
• 10.Best time to trade from 930 to 1230.
• 11.Book every small profit.
• 12. understand and keep in mind the basic trend behind the share (bullish or bearish) for that day, hour and week.

Chamabal fertilizers: looks good. Buy @61

Coal India: climbing ladder. Buy at 281.5 reaches 282.5

Ceat  buy at 1042 expected 1048

Canara bank tip buy at 188

9th May Stocks recommendations

Bharti airtel buy at 357.3

stock charts tools:

1. Yahoo
2. bazarTrend.com
3. Google
4. Pivot trading
5. stockcharts
6. chart ink
7. today trading
8. Gann square chart
9. AFL code scripts Wise Stock Trader