OUR SHORT TERM PICKS in falling market....

IDBI BANK  bought at 138   target 147

IDFC at  148 target 160-170

Unitech at 49  target 55-56

Jpassociate at 87  target 96-100

RCF at 79 rs target 105

Nifty at 5474   target 5840, 5900 and 6100  stoploss is 5474 below closing....

Nifty calls 5500 at 138 and 5600 at  88 rs

ALL POSITION WITH 3% STOPLOSS..NIFTY 5474 BELOW CLOSING STOPLOSS....

AS POSTED YESTERDAY 5474 CAME.. now 5500 Support for 5840 5900 6100 target.....

As posted on blog Yesterday... India VIX is shown positive breakout 19.5 upward n 21.5 upward it touch 22.74 almost 20% in 3 days....

.... so Nifty was expecting to touch 5474 which was Trend line point... Nifty open negative traded at 5560... avoided to take position traded in put ...

      Nifty touch 5474... and then 5459..bt sharply came to 5474 n shown bounce back to 5524 ... WE had Call bought at 5474 , for target of 5840 , 5900 and 6100....

 Though NIFTy is trading below 200dma and 5624 level.. bt in last 1 hourly chart shiown good green candle.. n touched the 5474 point of trend line.. n came up.. so expecting 5500 support market will take with upward bias...

DOW JONES as expected faling.. for our long position given in chatroom a closing below 5474 is stoploss..that may trigger to 5200.. bt 5500 is
 Bt 5500 is going to act good support for 5840, 5900 and 6100 target...

We have M&m and icicibank given By vishal ...

and Unitec we taken at 49 for target of 55 & Lic housing finance for target of 181 and idbi bank for target of 147..  and long position in nifty call..

.. DONT FOLLOW this recomendation without ur own stoploss... 

Last message received on 1/29 at 12:11 AM