More action on 29th October'07

POSITION TRADING

IOC - 1M - FUTURE : As long it stays below 461.00, go short with stoploss 474.15. Set profit target 444.25, 438.45, 428.50 and 423.50. But, if it goes above 461 and stays there sometime with upward bias, then go long with stoploss 434.85 and set profit target 471.75, 492.50, 498.75 and 507.45.

TRACK FUTURE MARKET ON 29/10/07

INFOSYSTCH - 1M - FUTURE : Go long, if tech sector improves further, with stoploss 1848.75 and profit target 1898.25, 1918.75 in case of intraday trading. For position trading, hold with stoploss 1824.75 and profit target 1918.75, 1946.25.

Action for 23rd October'2007

TRIVENI : Go long with TRIVENI as long as it stays above 107 with stoploss 105.95 and set profit target 114.95, 118.95, 121.2 and 124.5. If it opens with negative bias i.e < 113.8, go short immediately with stoploss 115.10, set profit target 110.25, 108.10, 105.20 and 103.50.

INFOSYSTCH - I M FUTURE : As long as it stays below 1879.75, go short with stoploss 1890.05 and set profit target 1865.75, 1858.15, 1841.25 and 1834. But, if it trades with positive bias i.e above 1887.15, go long with stoploss 1864.25 and set profit target 1898, 1908.75, 1919.15 and 1929.85.

In both of the above cases, instead of booking profit at last target, position may be carried forward for next days.

TRACK FUTURE MARKET ON 22/10/07

INFOSYSTCH FUTURE -OCT'07 : Watch 1st 15 minutes of mondays opening carefully. If IT sector shows strength, then maintain long position with stoploss 1879.75. Set profit target 1909.75, 1919.75. If it crosses 1921, then hold it for few more session for profit target 1950, 1997. But, if follows southward direction and breaks 1880, then reverse position and go short as long as it stays below 1897 with stoploss 1908.75 and set profit target 1858.15, 1841.25. If it breaks 1840, then hold for days with profit target 1808.15, 1798, 1789.

TRACK FUTURE MARKET ON 19/10/07

INFOSYSTCH : Go long with INFOSYSTCH-1M future if it stays above 1869 with stoploss 1854.75 and maintain profit target 1897, 1907, 1919 and 1930. If it trade below 1860, go short with stoploss 1873.15 and set profit target 1841, 1819, 1805 and 1795.

TRACK FUTURE MARKET ON 18/10/07

INFOSYSTCH : Trade this future-1M and go short if it breaks 1860 with stoploss 1870.10 and set profit target 1850, 1840 and 1805. But, if it trades with positive bias and above 1869, then go long with stoploss 1859.75 and set profit target 1897, 1908, 1930.

ANSALINFRA : Go short if it trades below 260 with stoploss 262.10 and keep profit target 254, 247, 241 and 231. But, if it goes above 260, reverse the trade i.e. trade long side with stoploss 253.45 and maintain profit target 267, 272 and 279.

POLARIS : Go long if it goes above 117 in future market with stoploss 114.95 and set profit target 119.75, 121.50 and 125

Action for 17th October'2007

HOTELEELA : Go short with this future of near month with stoploss 48.40 and set profit target 46.50, 45.50 and 44.35

HINDUJATMT : Ad long as it stays below 444.25, take bearish view and go short with stoploss 449.15 and set profit target 437, 432 and 425. May go for position trading if it breaks 432 convincingly with stoploss 456 and profit target 410.

INFOSYSTCH : If it breaks 1850, go for shorting this future with stoploss 1965.15 and set profit target 1822, 1806 and 1798. If tread stays below 1840, then go for position trading with stoploss 1905.25 and profit target 1753.

Shared Items

Trade future market on 16th Oct'07

POLARIS : Go short POLARIS FUTURE with stoploss 121.10 and trade intraday with profit target 115.5. Go for position trading, if trade breaks below 115, reset stoploss 122.15 and set profit target 112, 108.

HOTELEELA : Go short HOTELEELA FUTURE with stoploss 47.75 and trade intraday with profit target 46.50. Go for position trading, if trade breaks below 46.5, reset stoploss 48.50 and set profit target 45.50, 44.25 & 43.45.

INFOSYSTCH : Market as well as IT Sector trading with negative bias, go short, if it stays below 1950 with stoploss 1962.10 and set profit targets 1922 and 1905. If it breaks 1900, take position for days with stoploss 1972 and extend profit target 1853.

TRACK FUTURE MARKET ON 15/10/07

ANSALINFRA : Market showing negative bias, go short if it trades below 272 with stoploss 275.15 for intraday trading and 281.10 for position trading. Set profit target 269 for intraday and 262 for position trading.

HTMTGLOBAL : Market showing strength and IT sector going in tandem, go for momentum trading and buy HTMTGLOBAL future with stoploss 501.85 and set profit target 514.85. If it goes above 515.10, then go for position trading with stoploss 498.10 and set profit target 532.25.

INFOSYSTCH : If IT sector shows strength, go long with stoploss 1898.25 and profit target 1962. If it breaks above 1970, then go for position trading with stoploss 1848.25 and profit target 2000, 2050.

If IT continues negative bias, go short with stoploss 1940.25 and profit target 1903. If breaks below 1900, then go for position trading with stoploss 1971 and profit target 1850.

Action for 15th October'07

POSITION TRADING

ANSALINFRA : First confirm market environvent with negative bias. Then go short if it trades below 274 with stoploss 280.10. Set 1st profit target 267.9. Optimise profit with placement of suitable stoploss.

MOMENTUM TRADING

HTMTGLOBAL : If it trades above 510 for some time, go long with stoploss 504.95. Set 1st profit target 516.5. If trade goes above 517, then take position with stop loss 499.25 with profit target 534.25.

INTRADAY TRADING

INFOSYSTCH : If it does not go above 1938, go short with stoploss 1950.15. Set profit target 1915, 1908, 1899. If it goes below 1900, go for position trading with profit target 1853.