Nifty, Bank Index & Stocks Ideas - 5 March 2010

7 comments:

  1. Hi all,
    I have replaced DLF with Unitech in the market calls table...as I received this request from Manu
    I will update SAR for DLF till it is reversed
    So for tomorrow SAR for longs is 294.

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  2. Hi Ramesh
    Good that you made profits
    What made you sell at 905? Weekend nervousness or tempting profits?...if you further trade in ICICI Bank...keep buying the dips as long as SAR level hold....Its a good one to trade than NFL ...Large cap ..liquid... with good trend
    Cheers

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  3. Hi,Anuj
    I am following your nifty,bank index & stock ideas under Label: Indian Market Calls.This has been very useful and i have beneifited from this.
    My humble request can you add few more stocks like JP Associates,Suzlon, Renuka etc.

    Thanks in advance

    raichand shah

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  4. Hello Raichand
    Thanks for feedback...
    I would love to add all the stocks...but the way I put up levels is very time consuming
    First I take download data in excel,check the ranges for few days ...compare with its atr...then go back to chart to see rsi moving average and price patterns on 2 time frames..then put it back in excel in the form of table ,load it in paint,upload in blog,....it takes around 1 hrs to do that....
    Earlier I used to upload US,uk,china japanese markets ,Gold and oil as well....then I have stopped ...as it was affecting my personal life...I was not able to do my research about new ideas...
    I want people to find their own trading style...the reason I put market calls is that people should have some idea about the markets and some sector leaders and in meanwhile they can develop their own system or trade in the direction of trend.
    If i am able to reduce my time in some way I will surly add new markets and stocks....but I dont want to lose the quality to quantity
    I will surely consider your request...Renuka will be good one...nice trending stock
    Good luck cheers

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  5. Dear Anuj..
    Initially i thought of closing at end of of the day because of week end(You know that i will not carry position on week ends unless i am very sure shot..) and later i saw some weakness in market after 20 mins of opening iand then booked profit and then it gave again oppurtunity to re-enter near my buy price but did not trade due to week end..

    Yes as you sad ICICI good liquid stock and will follow index most of the time....

    Thanks,
    Ramesh.

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  6. Hi,Anuj
    Thanks for prompt reply.I never realised that you have to put up so much hard work.Sorry for the request .Please continue your good work to best of your ability.
    Thanks

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