Equity Trading Tips, Intraday Trading Tips, Equity Nifty tips, Equity STBT Tips, Nifty Option Strangle Tips

EquityTrading Tips, Intraday Trading Tips, Equity Nifty tips, Equity STBTTips, Nifty Option 

Strangle Tips

05/01/2012 Equity Trading calls 06/01/2012 book full profit

Que:- Sell Raymond CMP 314.5 BFP 300 SL 320 1-2 days (For disclaimer visit 

www.devangvisaria.com )

Ans :- Raymanod fut CMP---309.45 Take full profits on our Short call initiated @ 314.5 

levels.Profit per lot Rs 5050/-

05/01/2012 Equity STBT calls 06/01/2012 book full profit

Que:- STBT (Sell today Buy tomorrow) Vip InD Jan Fut CMP---79.90 Sl --82.50 (For disclaimer 

visit www.devangvisaria.com)

Ans :- Vip Ind Fut CMP---78.2 Take full profits on our STBT call initiated @ 79.9 levels. Profit 

per lot Rs 2125/-

06/01/2012 Equity nifty future calls 06/01/2012 book full profit

Que:- Intraday Buy Nifty Fut CMP 4708 BPP 4750 BFP 4772 Sl 4678 (For disclaimer visit 

www.devangvisaria.com)

Ans :- Nifty fut CMP---4744 Take part profits on our Intraday Long call initiated @ 4708 levels. 

Trail stop to cost.

Ans :- Nifty fut CMP---4777 Take full profits on our Intraday Long call initiated @ 4708 

levels.bpp done @ 4744 levels.

06/01/2012 Equity Intraday calls 06/01/2012 book full profit

Que:- Intraday Buy LT CMP 1069 BFP 1095 SL 1055 (For disclaimer visit 

www.devangvisaria.com)

Ans :- LT CMP---1095 target Take full profits on our Intraday Long call initiated @ 1069 levels. 

Profit per lot Rs 6500/-

05/01/2012 Equity Nifty Strangle Calls 05/01/2012 book full profit

Que:-Sell NIFTY 4400 put Jan cmp--43 and NIFTY 4900 call cmp---33.50 Total Inflow 

Rs.76--78, sl---92.50 Targets 50 3-5 days (Disclaimer Visit www.de3vangvisaria.com 

Ans :- NIFTY (4400 put+4900 call)CMP - 61.20 Take part profits on our Trading Short

call initiated @ 77 levels.trail stop to 66.50.

TRADING RECOMMENDATIONS Patni Computer Systems

Patni Computer Systems Ltd. CMP—Rs 336.00

Technical Outlook & Trading Strategy:-

The share price of Patni Computer Systems has taken support & seems to be making a Triple bottom at Rs 322 levels .It has shown a reversal bar at this level, suggesting that the bottom is in place. We expect the stock price to continue its upward movement and believe that it could test levels of Rs 348 / Rs 355 shortly.
We recommend a buy at current price and on pullback to the level of Rs 331 --Rs 329 with stop loss placed below Rs 324.70 levels.

TRADING RECOMMENDATIONS Balrampur Chini Mills Ltd.

Balrampur Chini Mills Ltd. CMP - Rs 65.05

Technical Outlook & Trading Strategy:-

The Share price of Balrampur Chini Mills has registered a breakout from its crucial resistance level of Rs 64 and has simultaneously closed above its cluster of moving averages. The momentum indicator has already given a buy signal with a bullish crossover suggesting build up on the upside. We believe that these breakouts suggest strength and indicate a possible price upmove to the levels of Rs 68 / Rs 71 in the near future.
We recommend traders to buy 50% now and again in the range of  Rs64- Rs 63 levels with a stop loss placed below Rs 61.90

TRADING RECOMMENDATIONS 27th June

Patel Engineering Ltd. CMP—RS 136.60

Technical Outlook & Trading Strategy:-

The share price of Patel Engineering has taken support & seems to be making a triple bottom at the support levels of Rs 131--132 levels.

It has shown a reversal bar at this level, suggesting that the bottom is in place.We expect the stock price to continue its upward movement and believe that it could test levels of Rs 144 /Rs 48 shortly.

We recommend a buy at current price and on pullback to the level of Rs 134--Rs 133 with stop loss placed below Rs 131.Everest Kanto Cylinder Ltd. CMP - Rs 80.05

Technical Outlook & Trading Strategy:-

The EKC has seen a sharp fall from a high of Rs 139.95 on 5th Nov 2010 to a low of Rs 63 on 10th Feb 2011.

Then the stock has retraced 38.2% of the previous fall to a high of Rs 95.15 on 15th June 2011.
The recent pullback has formed the shape of a Rising channel albeit with a slightly longer time frame of twenty odd weeks.

On the daily chart the stock has broken the lower rising trend line of the channel. The momentum indicators on the daily chart are also in a bearish zone suggesting more downside in the stock.

We recommend traders to sell 50% now and again in the range of Rs 81 – Rs 82 levels with a stop loss placed above Rs 83.6 levels for targets of Rs 75.5 – Rs 72 levels, expected to be achieved over the coming few trading sessions.

TRADING RECOMMENDATIONS 25th June

Patel Engineering Ltd. CMP—Rs 136.60

Technical Outlook & Trading Strategy:-
The share price of Patel Engineering has taken support & seems to be making a triple bottom at the support levels of Rs 131--Rs 132 levels.

It has shown a reversal bar at this level, suggesting that the bottom is in place.

We expect the stock price to continue its upward movement and believe that it could test
levels of Rs 144 / Rs 148 shortly.

We recommend a buy at current price and on pullback to the level of Rs 134--Rs 133 with stop loss placed below Rs 131.Everest Kanto Cylinder Ltd. CMP - Rs 80.05

Technical Outlook & Trading Strategy:-
The EKC has seen a sharp fall from a high of Rs 139.95 on 5th Nov 2010 to a low of Rs 63 on 10th Feb 2011.

Then the stock has retraced 38.2% of the previous fall to a high of Rs 95.15 on 15th June 2011.

The recent pullback has formed the shape of a Rising channel albeit with a slightly longer time frame of twenty odd weeks. On the daily chart the stock has broken the lower rising trend line of the channel.

The momentum indicators on the daily chart are also in a bearish zone suggesting more
downside in the stock.

We recommend traders to sell 50% now and again in the range of Rs 81 – Rs 82 levels with a stop loss placed above Rs 83.6 levels for targets of Rs 75.5 – Rs 72 levels, expected to be achieved over the coming few trading sessions.

TRADING RECOMMENDATIONS 24th June

Patel Engineering Ltd. CMP—Rs 136.60

Technical Outlook & Trading Strategy:-
The share price of Patel Engineering has taken support & seems to be making a triple bottom at the support levels of Rs 131--Rs 132 levels.

It has shown a reversal bar at this level, suggesting that the bottom is in place.

We expect the stock price to continue its upward movement and believe that it could test levels of Rs 144 / Rs 148 shortly.

We recommend a buy at current price and on pullback to the level of Rs 134--Rs 133 with stop loss placed below Rs 131.Everest Kanto Cylinder Ltd. CMP - Rs 80.05

Technical Outlook & Trading Strategy:-
The EKC has seen a sharp fall from a high of Rs 139.95 on 5th Nov 2010 to a low of Rs 63 on 10th Feb 2011.

Then the stock has retraced 38.2% of the previous fall to a high of Rs 95.15 on 15th June 2011.

The recent pullback has formed the shape of a Rising channel albeit with a slightly longer time frame of twenty odd weeks.

On the daily chart the stock has broken the lower rising trend line of the channel.
The momentum indicators on the daily chart are also in a bearish zone suggesting more downside in the stock.

We recommend traders to sell 50% now and again in the range of Rs 81 – Rs 82 levels with a stop loss placed above Rs 83.6 levels for targets of Rs 75.5 – Rs 72 levels, expected to be achieved over the coming few trading sessions.

TRADING RECOMMENDATIONS 23rd June

Lupin Ltd. CMP—Rs 425.85

Technical Outlook & Trading Strategy:-
The share price movement of Lupin has registered a breakdown from its Head and Shoulder pattern. This
is a bearish formation and the measuring implications suggest that the stock price could decline to the
levels of  Rs 412.50 / Rs 404 in the near future. On the oscillators front the ADX has already given a sell
signal with bearish crossover suggesting build up on the downside.

Traders can look to sell at current levels with a stop placed above Rs 438.60 for the aforementioned
targets.


Reliance Media Works Ltd. CMP - Rs 115.30

Technical Outlook & Trading Strategy:-
The share price of Reliance Media works appears to have broken down from its downward sloping trendline support. Such a breakdown is likely to have negative implications for the stock price. We expect strong declines to occur in the next few sessions and believe that the technical set up suggests
that the stock price could test the levels of  Rs 111 / Rs 108.  

Short positions can be initiated at current level and again on pullbacks to the levels of  Rs 117- Rs118 with
a stop loss placed above Rs 119.60

TRADING RECOMMENDATIONS 17th June

Grasim Ind. Ltd: (CMP Rs 2610.20)
We recommend going short in this counter.

Technical Outlook:-
The share price movement of Grasim has registered a break down from its Head & shoulder formation. This is a bearish formation
and measuring implications suggest that the stock price could decline to the levels of Rs 2100 / Rs 2050 / Rs 2000 in the near future.
The momentum indicators are placed firmly below their respective trigger lines and are in bearish mode.

Suggested Trading Strategy:-
Traders can look to sell at current levels with a stop placed above Rs 2216.60 for the above mentioned targets.