Buy Banks!!

Bank nifty has given a fresh breakout so now it seems banks will take our markets towards new highs

Buy SBI SL 1700 targets 1850-1900

Buy BOB SL 580 Tgt 650-675

Buy PNB SL 480 Tgt 550-560

Also BUY Lupin SL 875 we can hope results would beat market estimates.

A high risk trade BUY Bombay Dyeing SL 65.5 targets of 75-78-83

Buy Tata Steel SL 318 target 340-350

A strong Conviction buy on M&M SL 780 tgt 950-980
Inverse H&S breakout abv 875 levels confirmed today

Markets in consolidation mode

Sl trigerred in Lupin and Uniphos
For those who exited colgate @ 1290-1300 levels good other wise today SL trigerred.

Nifty might correct upto 6060-6070 before monetary policy tomm becoz it has given break down on hourly charts below 6135-6140 for a potential target of 6040-6050.

If tomm we breach this area on back on a suprise by raghuram den we might test 5950-5980 levels in short term.

Lupin!!!

Lupin is a smart buy @ cmp or lower upto 895 keep SL 880-885 targets of 980-1000
Big move in offing

Buy Century Text

Look at the chart below

Colgate Palmolive

Buy Colgate Palmolive with SL @ 1240 and Targets of 1300,1360

Our modified SL trigerred in all our pending longs.

Also United Phosporus gave breakout from a flag pattern indicating continuation of upward price action.
Buy @ 155 SL 145 tgt 165-175-185

Book profits

Loads of money minted

Tech mahindra book profits @ 1550 for buy @ 1300

Total Profit : 250*250=62500 in just one month!!

Also Eicher facing some resistace around 3970 levels which is its previous high. Hence trade with strict SL @ 3870

Revise SL for Maruti @ 1435 and book profits if reaches 1500, may face some resistance there.

Update on open positions

It is always important to keep and revise SL in order to protect our profits or limit losses.
Hence whenever one trades always keep a SL.

Revise SL to 1460 for Tech Mahindra bought @ 1300
Revise SL to 180 for Idea bought @ 174
Revise SL to 1400 for Maruti bought @ 1400
Revise SL to 3850 for Eicher Motors bought @ 3730-3750

Already made tons of money .....

Buy !!! Maruti Suzuki

http://bigbullindia2025.blogspot.in/2013/09/time-to-again-go-long-on-tech-stocks.html

Click on above link recommended to go long on tech mahindra on 17th Sept,2013

Tech Mahindra call worked like a jackpot.

Bought @ 1300-1320 levels today @ 1440 High risk people can revise SL to 1370 and low risk traders can exit tomm morning around 1460-1480 levels.

Buy Maruti Suzuki tomorrow morning with SL 1375-1380. It has given inverse head n shoulder breakout with targets of 1580.
Good risk reward ratio.

Eicher given breakout above downward sloping resistance line.
Hence tomorrow if sustains above 3800 buy SL 3700 targets of 4100++
One of d best stocks to own for long term

Wat an IDEA sirji !!!

Idea has given range breakout above 174 levels so one can buy it on dip to 172-174 for a short term target of 195-200.
One of d best stocks to own in telecom sector.

Click d below link

http://bigbullindia2025.blogspot.in/2013_08_01_archive.html

On 1st august had suggested to long PVR @ 380 levels now scaling new life time highs @ 550 levels
Return of  close to 50% in 2 months all credit to power of charts

Big Crack on cards for INFOSYS!!!!

Charts of India's second largest IT firm are signalling some sort of distribution pattern in the range of 3000-3060 levels.It can be seen from negative divergence of RSI and Price movement.

A decisive breakdown below 2975 will give us confirmation for targets of 2750-2600 levels.
One needs to watch the price movement closely in run upto the second quarter results that are to be declared on 12th October 2013.
If price remains in this range then one can buy out of money put options of 2600,2700 strikes