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Monday, November 16, 2009


1. Bet high enough to make meaningful profits when you win.
2. Bet low enough so you are ok financially and psychologically when you lose.
3. The Trend Is Your Friend Until It Bends.

PATEL ENG: BUY IF TRADES ABOVE 484.50 TARGET 500...505...511

Tech Mahindra :Below 1012…Don’t hold long !!Will crash to kiss 974-962 level.Today if breaks Friday’s low i.e 995 with volumes then see panic selling to continue.(On Rise exit )

TCS :Just see triangle breakout.Today above 678 if trades….grab it for skyrocket movement.

Tisco :Above 519.50 ,No problem.Will try to kiss 548 ,557.50 level.(Be cautious @ higher level )

Tata Motors /M&M :101% Both looking tired only.(Don’t get trapped @ higher levels )

RELIANCE :Hurdles :2131———2158 level.(Keep a strict stoploss of 2158 ,u can go short )

ONGC :Crossover with volumes above 1205…Nonstop rally upto 1237-1248.

Dear Traders/Readers….Maximum stocks ( 90% ) are highly overbought and with Negative Divergence already in all indicators.

-My Mantra :Be cautious.