GOOD SELLING OPP : TISCO & Mahindra and Mahindra JULY FUTURES

Selling Opp of Tata Steel below 550 for the target of 530 with SL 565
&
Selling Opp of M & M below 650 for the target of 630 with SL 665
Trading suggested if NIFTY breaks & sustains below 5390

Spot prices, pls adjust for future prises.

Happy Trading

New Opportunity in Ranbaxy : Bullish Break Out

Date of Posting : 15.06.2011 Time : 10.39 pm
Trading Idea For 16.06.2011
Ranbaxy July Fut CMP 544.35
Buy July Fut in the range 538-542
July Fut SL 531 Closing basis
Target : 560 & 590

Happy Trading

Updates

IVRCL July Fut Exe @ 75.50
Sl revised to 69 (Closing basis)
UNITECH July Fut @ 34.20
Sl remains unchanged (Closing basis)

Silver executed at 52600 & exited at 53400
CMP # 53200
Liquidate position by booking profits
Buying opp of 1 Micro Silver @ 52500 , 52000 & 50400
Happy Trading

Commodity Trading: Silver Trading Opp

Date : 14.06.11
Time : 11.00 PM IST
I intend to initiate long position @ 52500-52600 for 1 lot silver (30kg)
Silver trading @ 52500-52700
Target : 53500-54200-55000

Strict Stop Loss: 51900

Happy Trading

I Intend to Trade : WATCH OUT : UNITECH JULY FUTURES from 15.06.2011

Time : 10.58 IST
WATCH OUT : UNITECH JULY FUTURES from 15.06.2011
CMP: 34.60/-
Buy @ 33.50- 34.50
SL : 32 Closing basis
TARGET : 37-38
Break out on the cards
Inverted head & shoulder pattern....!
Momentum Indicators +ve

Happy Trading

New Call I intend to Execute :WATCH OUT : IVRCL INFRA JULY FUTURES 2011

Date : 14.06.2011
Time : 10.53 IST
WATCH OUT : IVRCL INFRA JULY FUTURES from 15.06.2011
CMP: 78/-
Buy @76-79
SL : 74 Closing basis
TARGET : 85
Break out on the cards
Inverted head & shoulder pattern....!
Also trading above recent upmove of 77

Call update for CIPLA JULY FUTURES
Order not execute as after the call had been given Cipla July Fut gave a great upmove & traded above 340 on 13.06.11 & today 14.06.11 the closing was at 337.80

Happy Trading

I Intend to trade This Opportunity from 13/06/2011

Date of Posting : 10.06.2011
Time : 10.38 PM IST

Opportunity to trade CIPLA for the Target of 350 & 360 +

CIPLA above 200 DMA with volumes & looking strong

Will be accumulating Cipla @ 325-330 (Futures July Expiry)
& Cash @ 322-328

SL 310 Spot / Cash Closing Basis
SL 312 July Futures Price Closing Basis

Current Price on 10.06.11 Day End
CASH : 332.10
FUTURES : 333.55 July 28.07.2011 Expiry

Happy Trading