Why JSWSTEEL is trading down : Today's stock advice for intraday trading is on JSWSTEEL, as the stock has been in news that the company was engaged in illegal mining and we have seen huge selling in the stock since last Thursday the JSWSTEEL stock has corrected by more than 18% since last week. So near term trend for this stock will be bearish and we are trading in the direction of the trend, so ... [Continue Reading]
Stock Trading For Intraday Traders 4 July 2011: Buy HDIL At 168 for target 172
High beta stock for intraday trading: Buy HDIL @ 168 for target 170.1 and 172 place protective stop loss at 166.4 At CMP of 168 the stock is trading positive by more than 2%, but we are expecting further buying into the stock, and looking the charts we feel that the trend is more likely to be bullish for today, So it seems to attract more buyers on every pull back in this stock. The volume is also ... [Continue Reading]
Intraday Stock Trading For 1 July 2011: Sell JUBLFOOD At 872, Target 851
Stock for intraday trading: Sell JUBLFOOD @ 872 for target 861 and 851 place protective stop loss at 880 At CMP of 873 it is trading negative by more than 8%, but we are expecting further sell off the stock has entered the bubble and in terms of valuation it is very expensive stock, so trend is more likely to be bearish today, So it seems to attract more sellers on every up move in this stock. The ... [Continue Reading]
Intraday Stock Trading For 3 June 2011: Sell SUNTV At 290, Target 280
Bearish Stock for intraday trading: Sell SUNTV @ 290 for target 280 and 275 place protective stop loss at 295 At CMP of 290 it is trading positive by more than 6%, but we are expecting yesterdays sell off the stock has entered the strong down trend and is more likely to be bearish today, So it seems to attract more sellers on every up move in this stock. The volume was also very high with The ... [Continue Reading]
Intraday Trading Stock For 23 May 2011: Sell HDIL At 172.3, Target 144
Stock for intraday trading: Sell HDIL @ 148.2 for target 146.3 and 144.7 place protective stop loss at 149.6 At CMP of 148.2 it is already trading negative by more than 2%, and is more likely to be bearish today, So it seems to attract more sellers in this stock. The volume is also high with entire reality sector trading in red on NSE. Technical indicators like RSI is also confirming the downward ... [Continue Reading]
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