Jai JALARAM :
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07-02-2010
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KI-TRADE.COM Weekly News Letter Issue -6 , Date 07-02-2010 |
ONLY For PAID MEMBERS
Who have subscribed specially for News Letter.
1500 Per Month. 12000 Per Year
We Feel That Global Stock and Metal Markets will show Positive Trend on Monday and will close in Green. S.Kotak |
Dear Friends,
We dispatched trading ideas about 10 Stocks on Friday evening. However,
Exchanges traded on Saturday also for Software Testing. Though, trading cession was small from 11 to 12.30 and we had Pre appointment, we could not give live calls and updates. However, those holding stocks as delivery or BTST suggested on Friday, were advised not to book profits and hang over to the holding.
We advised holding to all those who contacted us.
We feel that DOW JONES has shown possibilities of Trend Reversal after falling below 10000 and finally surviving and managing close above 10000
Marks. We, therefore advise all to hold and buy the stocks suggested in our Friday email and we send revised levels and calls for few stocks for next week.
Kindly note the details and trade accordingly.
We had suggested Trading on 10 stocks details are given below.
Sr.No | Stock | Close Friday 06-Feb | Pivot rate | Support | Resistance | Close Saturday 07-Feb-2010 | Remark |
1 | IFCI | 50 | 50 | 45-41 | 54-58 | 51 | See Note |
2 | TATA STEEL | 550 | 564 | 527-501 | 589-628 | 559 | do |
3 | TATA MOTOR | 672 | 690 | 640-611 | 722-771 | 680 | do |
4 | JSW STEEL | 965 | 987 | 909-854 | 1041-1117 | 985 | do |
5 | LARSEN | 1424 | 1417 | 1390-1357 | 1457-1490 | 1430 | do |
6 | MCDOWELL | 1241 | 1258 | 1187-1150 | 1303-1365 | 1266 | do |
7 | RELIANCE | 981 | 1011 | 957-927 | 1033-1085 | 993 | do |
8 | REL.CAP | 755 | 774 | 727-695 | 797-837 | 765 | do |
9 | SBI | 1897 | 1971 | 1795-1692 | 2076-2251 | 1912 | do |
10 | HDFC | 2389 | 2427 | 2311-2237 | 2497-2587 | 2396 | do |
Delivery Buy Calls : Friday 06-Feb-2010
IFCI : Hold
JSWENERGY : Hold
Since Exchanges were open for Trading on Saturday, we need to make some changes. We give some details for few stocks which shall be noted and your buying / holding strategy should be changed accordingly.
Regards,
S.Kotak
(1) IFCI : JSW ENERGY ( DELIVERY BUY CALLS )
No Change in Weekly Target. However can buy for Intra day trading on Monday with target 52 -53
JSW ENERGY : Monday Target 112-114
Note :
Whatever stocks you buy – hold for Intra day trading, Can Carry as BTST if Close Above Target-1 and Book profits ( Intra Day ) between T-1 and T-2. You can ask us in Yahoo messenger during market hours )
(2) TATA STEEL
Monday Target 564-570 . Stop Loss -555
(3) TATA MOTOR
Monday Target 683-686. Stop Loss - 679
(4) JSW STEEL
Monday Target 993-1001. Stop Loss -981
(5) LARSEN ( L & T )
Monday Target 1438-1446 . Stop Loss -1427
(6) KCDOWELL
Monday Target 1276-1295. Stop Loss -1263
(7) RELIANCE
Monday Target 999-1004. Stop Loss -990
(8) REL.CAP
Monday Target 770-775. Stop Loss -764
(9) SBI
Monday Target 1925-1937. Stop Loss -1911
(10) HDFC
Monday Target 2412-2427. Stop Loss -2390
(11) REL INFRA
Monday Target 1046-1056. Stop Loss -1035
(12) SAIL ( 206)
Monday Target 208-211. Stop Loss -201
We Expect Steel Sector to shine…
Note : PIVOT level is that level below which, stock turn weak and targeted for short.
Saturday
Weekly Movements of Indices for the week ended 07-2-2010
| 29-01-2009 | 06-02-2009 | + - |
SENSEX | 16357.96 | 15790.93 | -567.03 |
NIFTY | 4882.05 | 4757.25 | -124.80 |
Nifty Close : 4757.25
Monday Resistance : 4824-4801
Monday Support : 4723-4689
Weekly Resistance :
4877 – 5001 – 5127
Weekly Supports :
4677 – 4589 – 4467
Weekly Trend :
Up Till Nifty Trade Above 4712
We Advise as Under :
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Avoid Short. Catch metal Stocks like Tata Steel, JSW Steel, SAIL Etc.
|
WWW.KI-TRADE.COM
Some Weekly Trading Levels
06-02-2010
Sr.No | Stock | Close | Pivot rate | Support | Resistance |
1 | IFCI | 50 | 50 | 45-41 | 54-58 |
2 | TATA STEEL | 550 | 564 | 527-501 | 589-628 |
3 | TATA MOTOR | 672 | 690 | 640-611 | 722-771 |
4 | JSW STEEL | 965 | 987 | 909-854 | 1041-1117 |
5 | LARSEN | 1424 | 1417 | 1390-1357 | 1457-1490 |
6 | MCDOWELL | 1241 | 1258 | 1187-1150 | 1303-1365 |
7 | RELIANCE | 981 | 1011 | 957-927 | 1033-1085 |
8 | REL.CAP | 755 | 774 | 727-695 | 797-837 |
9 | SBI | 1897 | 1971 | 1795-1692 | 2076-2251 |
10 | HDFC | 2389 | 2427 | 2311-2237 | 2497-2587 |
Note : PIVOT level is that level below which, stock turn weak and targetted for short.
Market sentiments are weak. Support levels shall be given more stress and resistance
levels shall be targetted for short . Every rise shall be taken as opportunity to exit
if Nifty Do not survive above 4717
05-Feb.2010
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Today we give Free Call to all.
IFCI
CMP 47-48.
Market is weak.
Still Buy this stcok
and add at every decline....
No STOP LOSS
TARGET - ???
Only Delivery buy.
S.Kotak
9825068211
01-Feb-2010
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Performance of our Free calls
given in
The Economic Revolution
is available on web site. You can log to
www.theeconomicrevolution.com
and check last page
Sock Scane
Link :
http://www.theeconomicrevolution.com/wp-content/uploads/performance-ter-english-01-02-2010.pdf
Performance Of our Calls on The Economic revolution
Last Issue dated 01-Feb-2010
We do not feel comment is needed.
This is first day of the week
Performance For the weekly buy calls
Stock | Cmp | Target Given | Top Today |
Bank Baroda | 575 | 597 | 596.80 |
Titan | 1500 | 1528-1556-1594 | 1727 |
Mundra Port | 595 | 620 | 617.20 |
SCI | 157 | 160-163 | 159.90 |
IGL | 198 | 200-203 | 202.50 |
Asian Paint | 1852 | 1887-1920 | 1935 |
NFL | 124 | 130-133 | 136.30 |
RCF | 103 | 108-113 | 109.35 |
Raymonds | 233 | 240-246 | 242.60 |
Cummins | 450 | 458-467 | 475.40 |
IFCI | 51.70 | 54-56 | 52.40 |
Detailed Trading strategy can be red on the enclosed Page
www.ki-trade.com
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30-01-2010
Market Trend Post Budget
_______________________________________
Removed
-- Sharad Kotak --
( 30-01-2010 )