Trading Ideas (April '14 Series - Article 2)

CIPLA:-CMP Rs.396 on 7.4.2014

Sell now or on the rise with a stop-loss of Rs.407=00 or sell below Rs.392=00 with a stop-loss Rs.397=00 for a target of Rs.386 / 379/ 373 / 366/ 364.

ACC:-CMP Rs.1377=75 on 7.4.2014

Sell below 1371 only with a stop-loss of Rs.1380=00 for a target of Rs.1336-40.

ICICI BANK:-CMP Rs.1206.15 on 7.4.2014

Sell below 1202 only with a stop-loss of Rs.1208=00 for a target of Rs.1191/ 1188 / 1182,below 1182 it can go in for bigger fall.

TITAN COMPANY:-CMP Rs.262=50  on 7.4.2014

Sell at current market rate with a stop-loss of Rs.271  or sell  below Rs.260 with a stop-loss of Rs.264/ ,for a target of Rs.254/ , 246,below 246 it will go for deeper down correction.

NOTE:-1.PRICE STATED HERE IS OF SPOT MARKET.

          2.RECOMMENDATIONS ARE VALID TILL THE STOP LOSS IS TRIGGERED.

          3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN. 

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Tata Motors Looks Fatigued

The stock is looking little bit technically tired ,its CMP is 405.50,it made an all time high of  420.70  on 4.3.2014 and tried to cross this high on 4.4.2014 but could not.this show some weakness in the stock, it may go in for down correction.

REMARKS: Trend is still up but avoid long position now,in fact short  call can be taken with a stop-loss 423.Take long call  if it stays above 420.70 for 3-4 days or after a reasonable downside correction

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Some Trading Ideas

APOLLO  HOSPITAL: CMP on 4.4.2014 Rs.900.05

Sell below 898 with a stoploss of Rs.903   for a target of 890/ 881/873 . Please trail your stoplosses always to get maximum gain..


HDFC BANK : CMP on 4.4.2014 Rs.725.45

Sell at current rate of 725.45 with  a stoploss of 730 or sell  below 720 with a stoploss of  726 for target of  703 .Please trail your stoplosses always to get maximum gain..



NOTE:- RECOMMENDATIONS ARE VALID TILL THE STOP LOSS IS TRIGGERED.

 Contact me for strategic guidance to enter and exit the trade