Stocks for Intraday trading for today's session (23 feb 2015) will be HDIL, DLF, JSWENERGY and LUPIN. Analysis on HDIL: We are looking for buying opportunities in hdil around 115, with intraday target of 120 and stop loss at 113. Here risk reward ration is good and in favor of trading risk. Also stochastic indicator has give a strong and healthy buy signal. Analysis on DLF: We will wait for ... [Continue Reading]
Right Time to Buy HDIL December Series Future, Price Action Testing Support of 62.65 Level
Today we have another trade setup for a stock that was in downtrend, its HDIL. We have seen this stock making the series of lower tops and lower bottom, Today what we have seen is it was trading at 62.65 level which is very strong support for this stock (Low that was made on 3 March 2009). So we expect this stock to bounce from that support level towards 71 zone. Our advice is to accumulate HDIL ... [Continue Reading]
Intraday Stock Trading For Today: Short Sell HDIL Near 135 for Target 130, Technical Analysis
Why HDIL is trading down : Today's intraday trading stock recommendation is on HDIL, as the stock has broken below its support level of 135 so we are seeing huge selling in the stock. So near term trend for this stock will be bearish and we are trading in the direction of the trend, so we will look for selling opportunities as long as the stock is below 136 level. For intraday trading traders can ... [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 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]