For last so many days , weeks , months half of the street is waiting for the top and then correction ...............So all u do is go short in expectation of a 300 point fall on Sensex and averaging on the rise till 500-600 points up and feel a winner when they make some points................ But in the process u missed out on so many opportunities... When all these shorters from lower levels cut their positions then is the time to top out........Or when u hear ur paanwaalas or no knowledge people start talking about the sensex..
Simple way to go is be stock specific with STOCK SPECIFIC STOPLOSSES......... If u have stoplosses the risk is always calculated at every step correction or runaway whatever..
Sensex continues to be in momentum and should take a breather between 14950-15200 which will be a good range to lighten yourself from overbought positions in the index stocks...
Skumars boldly written target 115 and 150 ... In less then 4 weeks target of 115 achieved gains = 30% +..
https://nooreshtech.blogspot.com/2007/06/skumars-nationwidesaying-frm-82.html
Pritish Nandy written boldly accumulate this stock for tgts 100-150 touches 100 + in one month gains =30% ..............Patience and power of technicals
https://nooreshtech.blogspot.com/2007/06/pritish-nandy-communications-long-term.html
This was there for everyone ............... Investments in good stocks pays trading haphazardly doesnt , either be equipped with knowledge or pray 🙂 ...
Era construction tgt given 460 at 360 gains = 20% + .........in less then 2 weeks... ds kulkarni 240 to 285=== 15-20% in less then 2 weeks.......
https://nooreshtech.blogspot.com/2007/06/era-constructions-and-ds-kulkarni.html
Stocks to watchout for now :
Investments for 10-30% + gains in 3 mths to 1 yr safe stocks if declines buy more ..
Man Inds ...
SRF ( recommended at 163-168 to clients and add at 177 today for possible huge move in short term )
Lupin ( very hot for short term also )
Venus remedies
Supreme Inds buy 60% now rest on declines....
Aptech Training and SQL Star ( lesser exposure as small cap )
Fundamentals are intact for years in these now technicals will roar ....
Check the link below had u read it well u would have made safe money investing in some of the above stocks and also be comfortable in adding today when i m repeating them ...
https://nooreshtech.blogspot.com/2007/06/markets-down-investments-on-highs.html
Trading Picks :
Mahindra Gesco above 588 and Deccan Aviation are risky picks for 2 days to 10 days period...
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Regards,
Nooresh
09819225396
meraninooresh@yahoo.com noorrock2002@gmail.com
