TECHM: Brave hearts can utilize this buying opportunity.

Hi friends, here is another IT out performer TECHM is showing good opportunity to buy. 1813-1820 is a good buying range with a stop loss below 1800, short term target will be 1900, 1980.

                    Nifty for 10/03/2014

NIITTECH: A good opportunity to buy

Nifty has made a new life high on last 7/3/14 lead by capital goods and banks, and surprisingly IT and Pharma has came down. But as per technical, I think we have got some buying opportunity in some counter. Here is NIITTECH, a good buying opportunity is there with a stop loss below 403, it closed at 413.6 buying can be done between the range of 405-411, short term targets are 442, 454.


                                                                   Nifty for 10/03/2014

ALBK: time to be greedy

Hi friends, ALBK is now trading at demand zone of 75.5-78.2, cmp 78.1, a stop loss below 75.5 may give a good return in very short term. Have a happy trading.

BANKBARODA: Another good opportunity to buy

Hi friends, after a long correction BANKBARODA is trading in a good demand area of 530-543, a stop loss below 530 will be good enough for long, in one month time frame it may reach 606, 649.
Have a happy trading...

BATAINDIA good opportunity to take an entry

Hi friends, BATAINDIA is trading at good demand zone (907-930) cmp 930, a stop loss below 907 is required, target will be 982, 1012, 1084.

Be greedy while everyone is in fear :) happy trading

TECHM: Is looking good to go long fora short period

Hi friends, TECHM  is trading in a good demand zone of 1718-1743, cmp 1741, stop loss below 1715, tgt 1825, 1855... have a happy trading

MINDTREE, good opportunity to buy

Hi friends, it a good opportunity for take a long position on MINDTREE @ CMP  1438, with a stop loss below 1382, have a happy trading.

Market Trend Till Positive even more

Hi friends, after a long time I am updating my blog, as almost all my friends are connected through messenger, hope people in my messenger have made good return in past few months and begin to believe traders have taken the steering of the market in their hand. By the way, for past few days some friends are asking me whether market may comedown or not? As they are getting short call on NIFTY from different places. Well my view is little different, I am not a fool who will ask to short an Index which has made life time high a few days ego. Rather than I would like to wait for a reasonable correction and take a long entry. Well see the chart left side, it looks nothing clear, isn't it? Today it has touched short term down trend line (Pardon me line is there but personally I am not willing to say it is short term down trend) lower high formation is there but now lower low!!!! So how can I say NIFTY may come down? One more thing watch carefully, RSI trend line and Price trend line. Yeah, hope is there, technically it is more possible that Nifty will move up than it come down, so friends don't go short Nifty right now, well one more thing fundamentally we see after many months Real Rate of Return in India has gone Positive as WPI is 6.16% & Repo Rate is at 7.75%. Though we must not read much into this at this moment but if it is sustained then it will Place India at a very sweet spot for Investment for Long Term.