Saturday, October 13, 2007

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.