Tuesday, June 28, 2011

Tech view 29 june 2011

NIFTY closed near 5550, marginally up in today's session. It was a volatile trading session as we discussed y'day.
Our call BHEL and Apollo Tyre have been initiated today, and both are closed above our buying price.
Idea looks very strong in uptrend, as we discussed some days ago that one can buy this counter in pullback, we have given buy call in this stock y'day only to our clients, we seek a target for Idea somewhere near 84.50 and 90.

Our buy calls Bharti Airtel, Sun Pharma, Apollo Tyre and Idea are open, trader should not have more than 3-4 positions at one time, and we feel let these calls achieves their respective targets or trigger stop losses first then only we will have next call on our list.
And one more thing, trader should always ready to take small losses comes from stop loss system.

Happy trading ....


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