Indian Markets Stock Futures Trend Update - 19 August 2010

11 comments:

  1. Hi
    If it is not a bother to you .. can you give some targets and SAR for tata motors
    Thanks
    Shazia

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  2. Hi Shazia
    Nice to see your comment after a long time
    How are you?

    Tatamotors Futures levels
    Trend UP
    SAR 1005
    LRE 1025
    Target 1058

    Its going up like crazy.Right from 840 levels.Currently overbought.Wait for a pull back to enter longs.These are short term levels as always.Keep a trailing stop loss and hold longs.
    Hope it helps

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  3. Hello Anuj, As usual i am confused again. As per your call NF is down for tomorrow and target is 5489 and low risk entry is 5423. If entry is around 5423 for target of 5489 then NF swing should be UP instead of down? I think i have misunderstood something.

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  4. Hi ravi
    Thanks for correcting, made the necessary changes.
    Yes you are right...I forgot to change the swing column from down to up
    Sorry for inconvenience and confusion
    Cheers :)

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  5. Hi Anuj,
    yeah long time but i keep checking in !!
    i am good thanks!!
    thanks for your target on tata motors.. actually was checking if it matched with my target which was 1060.. pretty close i must say :)
    Shazia

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  6. @Shazia
    Target and low risk entry is just the "expected range" for tomorrow...so even 1060 can come or any other number as well
    Important thing is that we should know the trend and LRE if we have missed the entry earlier..Target can be use to part book...and a re-entry to be made at LRE level
    Cheers

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  7. @creation
    One of the best and easiest way to find a target is to use trend channels
    This target is based on expected range and volatility of the stock futures and has no relation with the actual target.
    I use this "target" zone to judge the underlying momentum of a stock wrt SAR.

    Check this post as well for more details

    http://financeandtradingmadeeasy.blogspot.com/2010/01/how-to-use-market-calls-table.html

    To answer in short....use trend channels to calculate targets to book profits
    Hope it helps
    cheers

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  8. thanx anuj jee.... i am trying my level best to learn trading...

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  9. Earned 130000 during last 7 days Thanks to the SAR positional trading system 2 lots for each following script.

    HCL Tech,
    HDFC Bank,
    ONGC
    Infosys,
    Ranbaxy,
    Suzlon

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  10. i sent short on Bank Nifty 4 days back and now badly trapped - in a big loss. What should I do?

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