Small Caps Rallying — Be disciplined !

TECHNICAL ANALYSIS TRAINING SESSION ---- MUMBAI

 

APRIL 10-11    ( 2-3 seats left )

 

APRIL 17-18  

 

Call Kazim 09821237002 for confirmations or more.

The small cap index has started rallying with so many midcaps/smallcaps showing 10-20% moves daily.

In such a scenario it becomes very difficult to pick stocks. As many over sold stocks suddenly jump 20% and some continue with the move. Also in the process one cannot lose discipline and buy junk just because it looks in momentum.

From here on i would strictly advise that all the small caps advised be taken with care and very strict stoplosses. At no point of time the stoploss be deeper then 10%. So be ready for the risk and reward and do your research as now the normal retail investors are getting gung ho about the markets.

I have been liking many stocks for extreme short term but controlling myself as if quite a lot of them work people may start chasing ! higher levels which are speculative.

Some of the technical picks ---- 

Indiacements

IFCI

 

PrakashInds

Goacarbons

 

Regards,

Nooresh

5 Comments

  1. Narendra
    April 8, 2010

    Dear Sir,

    Can you please share your views on the following stocks:
    1. SpiceJet
    2. Mangalore Chemicals and Fertilizers
    3. ABB Ltd
    4. Voltas
    5. Rathi Steel and Power
    6. Man Industries
    7. HOV Services
    8. Indo Borax
    9. Eastern Silk
    10. Daawat (LT Foods)

    I have all these shares which I had bought when BSE had touched 22,000.
    So, can you please suggest me what to do with each of these?

    Regards,
    Narendra

    Reply
  2. amish
    April 8, 2010

    nooreshji

    i have purchased india cement at 138 any time frame for your tgt 150.

    as u informed ador fontech is good longterm defensive stock , at present can it touch 220 so that i can sell and purchase at lower levels when mrkt falls.

    thanking you in advance for ur reply
    Amish

    Reply
    1. Admin
      April 8, 2010

      amish: It should be 6-8 trading sessions. Keep a 134 stop now.

      Reply
  3. Amish
    April 10, 2010

    nooreshji

    i have purchased Goa Carbon @114 any time frame for ur target

    thanking you in advance for ur reply
    Amish

    Reply
    1. nooresh
      April 10, 2010

      Goa Carbon closing stop 109-110 tgt 130 in 1 mth

      Lets c how it goes risk reward is good.

      Nooresh

      Reply

Leave a Reply

Your email address will not be published. Required fields are marked *


This site uses Akismet to reduce spam. Learn how your comment data is processed.