How to make money trading stocks/Commodities
(a) Identify the reason for the trade
(b) A Stop Loss
(c) A profit target or trailing stop mechanism
(d) The point at which you accept that the trade is not working even if the stop did not hit.
(e) Number of shares / contracts that you will hold. Keep in mind that your loss on a single trade should not be more than x% of your capital (you decide the x%)
(f) maintain a trading journal in which you write every evening, without fail.
As a sportsman(So too as a …

BEML
BEML has given a breakout yesterday at 1042 levels which is its 200 DMA also. MACD has also given a buy Signal.

We can see a blow off rally and can see a move of another 5-8% on the stock if volume supports

Buy above 1066 Tgt 1080,1100 and 1135

Core Projects
Core Projects is moving to its trend line resistance as shown in charts. MACD has given a buy signal.Stock needs to be seen how it behaves near its trend line resistance whether it breaks or hold to it.

Buy above 283 Tgt 287 …

Happy Janmashtmi to all Blog readers.
Jai Shree Krishna

ACC
ACC is forming upper trend line resistance at 893 levels as seen in the chart above. Stock needs more than average volume to break out of the range.Indicator are moving in Bullish region.

Buy above 893 Tgt 900 and 912

AREVA  T&D Limited

Areva is taking support at 50 DMA and facing a trendline resistance as shown in charts,Indicators point towards an up move for a move till 300+

Buy above 293.7 Tgt 294,296.10 and 300.2

The State Trading Corporation

STC showed a huge move today with good volumes …

Clutch Auto

Clutch is near its 200 DMA and can give a bounce as stock is oversold Indicators Oversold.Ripe Conditions for a Relief Rally
Stock has already moved as i am posting this due to some problem was not able to post the same,But I want all readers to understand such scenarios where stock is near its 200 DMA and bounce back 10% on a trought.

As per current move Buy it only above 72 for a tgt of 74.

Oriental Bank Of Commerce

OBC is taking support at its channel and trendline …

The Following Article will give more clarity in term either you are Investor or Trader Or Trader turned Investor after your stock goes 10% from your  buying Price
Technical analysis and fundamental analysis are the two main schools of thought in the financial markets. As we’ve mentioned,

Technical analysis looks at the price movement of a security and uses this data to predict its future price movements.
Fundamental analysis, on the other hand, looks at economic factors, known as fundamentals.

Let’s get into the details of how these two approaches differ, the criticisms against …

Even though Nifty corrected severely in the week gone by, it is yet to break the previous bottom of 5372 as shown in the daily chart below. The view will turn bearish only if 5372 is breached decisively.

Nifty Daily Charts with Fibo Levels

Move from the bottom of 4786 to the top of 5550. The 38.2%, 50% and 61.8% retracement levels of this up move are
placed at 5258, 5168 and 5078 respectively and will serve as the support levels on the downside.As shown in Charts
Nifty Option Open Interest Charts
If we see …

Indraprastha Gas Limited

IGL has been moving is moving in a channel  and taking  support at lower channel as shown in chart. STOC is showing a positive divergence and stock can move upwards and move to upper channel on daily charts

Buy above 333 Tgt 337 and 341 Sl 324.

Orient Ceramics and Industries Limited

Orient Ceramics has been in a bull market from a rally of 50 to 98 and is trading at all time highs.Stock is trading at PE of 6 and gave a good results.Volumes are on higher side and …

Nifty Daily Chart

As can be seen from Nifty’s Daily Chart 20 DMA has been a strong support in past 3 months and now again we are at the crucial juncture of 20 DMA.
If 20 DMA is held we are in for a new high and if not we can move down till 50 DMA at 5350 levels.
Will it Support this time remains a question which will be unfolded in coming few trading sessions?
RELIANCE
Taking support at rs 960 and if held for few more trading sessions can lead a rally upto …