I have given the following recommendations to you:
DLF - Sell @ 209, Also asked to Cover @ 206
Lot size = 1000
Profit = 3 points
Actual profit for 1 lot = Rs.3,000/-
Buy Nifty @ 5680 (spot levels)
And if it comes near 5650 add more positions and exit all longs today if market moves up.
Later seeing the market sentiments i have asked to move out of longs, But if you have Nifty Future, you
can exit tomorrow or wednesday when market trades around 5700 - 5720.
I do not see much upmove possible as i have stated in my posts earlier. But since there are quite got amount of shorts built up and the gap 5650-5665 has still not be broken, you can expect a short covering rally coming. This has to be used to exit from long positions and short positions can be built at higher levels.
Market cannot come down drastically because there are multiple supports and the market sentiments is still Bullish. It is advisable to trade in intraday until market moves in clear direction. Market is still range bound and you can see movements only in specific stocks.
Professional traders can make money and others only loose money in these kind of markets. Keep your positions low and avoid trading in Index. Once the gap is filled, you can see weakness in the market. Until then the market will still keep on trying to go up.
Today with Just one trade (FREE Call), you could have made Rs.3,000/- for a margin of around Rs.30,000/-, which is almost 10% return.
We offer personalised services where you can take advantage of our calls and other benefits. For details email nsebsestocktradingcalls@gmail.com
DLF - Sell @ 209, Also asked to Cover @ 206
Lot size = 1000
Profit = 3 points
Actual profit for 1 lot = Rs.3,000/-
Buy Nifty @ 5680 (spot levels)
And if it comes near 5650 add more positions and exit all longs today if market moves up.
Later seeing the market sentiments i have asked to move out of longs, But if you have Nifty Future, you
can exit tomorrow or wednesday when market trades around 5700 - 5720.
I do not see much upmove possible as i have stated in my posts earlier. But since there are quite got amount of shorts built up and the gap 5650-5665 has still not be broken, you can expect a short covering rally coming. This has to be used to exit from long positions and short positions can be built at higher levels.
Market cannot come down drastically because there are multiple supports and the market sentiments is still Bullish. It is advisable to trade in intraday until market moves in clear direction. Market is still range bound and you can see movements only in specific stocks.
Professional traders can make money and others only loose money in these kind of markets. Keep your positions low and avoid trading in Index. Once the gap is filled, you can see weakness in the market. Until then the market will still keep on trying to go up.
Today with Just one trade (FREE Call), you could have made Rs.3,000/- for a margin of around Rs.30,000/-, which is almost 10% return.
We offer personalised services where you can take advantage of our calls and other benefits. For details email nsebsestocktradingcalls@gmail.com
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