Srisai's Instinct Stock Calls
This(Srisai's Instinct Stock Calls) will be a New Initiative of this blog to Publish Blog Author's Own Investment/Trading Calls for Short-Medium Term perspective. But All these Calls are not given on Purely Technical perspective. Most of these Calls are given by Blog Author from His past Investment/Trading experiences. So Do not expect More depth in Calls. Author has tried his best to give some calls for the benefit of Investors/Traders from his experience and from some media/web/news based call. So author request all the investors/traders to take/try these Calls as RISK CALLS. And Keep Strict Stop Loss Own (or) Keep Resi,Supp levels As Stop Loss for their Trading(or) Trade/Invest @ your Own Financial Risk. All type of Comments are Welcome about this New Initiative. Dont Forget to Keep Stop Loss and Again Author Remembering you that he is giving calls only from his past trading experience...
Date: 26.10.2009
Nifty Future: cmp 5007
NFut little weak below 5063 levels... Upside only above 5063-5087 levels.... So keep watch on this... Downside supports are at 4970-4957-4930 levels.
Reliance Industries: cmp 2046
RIL stocks down 4% on Friday as Hardy Oil abondons KG-D9 block process.
But In my point of view Market has Over-reacted on this announcement... From the Media sources, I came to know some facts.... RIL Exploration Success Ratio is ( 60%) Bigger than Global Success Ratio of 40%... So No need to worry about this Abandon. And KG D9 Block as not as much important as KG-D6 block...
So If RIL falls below 2000, Use that lows as Buying opportunity for short term..
Supports are at 1970-1927-1906 levels...
BajajHindustan: cmp 233
Year high nearly comoing around 240 levels.... So if it breaks that levels with Huge volumes, then it could move 252-265 levels soon... Supports at 227-215 levels....
Polaris: cmp 170
Polaris is trying very hard to cross levels 173-175 in last two sessions... and also not going below of Rs 165 levels.... So decision is yours whether to short/go Long...
Supp: 165-160 levels. Resi: 173-175 levels.
EssDee Aluminium: cmp 373
I have tried this stock continuously while crossing 375-385 levels... some thing there in that range...That is stock struggles in that range... So risk traders watch this stock and make SHORT/LONG with Strict Own Stoploss... Supports may be 348-355 levels...
Amtek Auto : cmp 189
Stock has corrected nearly 20-25 % in last few sessions.... Buy this at further correction in Small/Medium quantities.... Stock's 50 simple moving avg is at 185 levels... S try this stock in small qty with own stop loss... Other supports are: 177-172 levels....
Again Says Keep Strict Given StopLoss/Own StopLoss in All Trades.....
Srisai