Trading Ideas for Short Term

By | April 18, 2010

Educomp Solution:


The top five holdings for Goldman Sachs Invest Mauritius were LIC Housing Finance , Lanco Infra, CESC, United Phosphorus and Educomp Solutions.

GoldMan Sachs was in news for Wrong Reason and we can see a selling on the Scripts Held by the Company.

Educomp Solutuion is showing good support at 100SMA,which i belive will be taken out tomorrow in opening trade and stock will touch 50 SMA after that need to see Price and Volume Action

Short @ 725 Tgt 713 and 692 Sl 742

Jindal Steel and Power:

JSPL is shown the  formation of Double Top (Read More) which should act as a resistance pertaining to 2 factors,First Volumes are declining and sencond market looks weak for coming Week

Trading Oppurtunity exsits in 2 Scenarios

Buy JSPL above 736 Tgt  747 and 763

Short JSPL with a Sl of 736 Tgt 723 712 and 685

Taj GVK Hotel

Stock has broken out of range and overcame the critical resistance of 161-163 and is now heading for higher levels,Keep a Sl of 161.

Buy in range of 167  for a target of 181 and 188

10 thoughts on “Trading Ideas for Short Term

  1. bramesh Post author

    JSW Steel matched with the levels Sell below 1215 for a tgt of 1205 and 1189

  2. Dipak

    Hi Bramesh,

    The JSW Steel Chart is showing a triple peak like pattern. Does this indicate a downslide?

    Regards
    Dipak

  3. Dipak

    Hi Bramesh,

    What is your latest on JSW Steel? Are there any chances of recovery?

    Regards
    Dipak

  4. bramesh Post author

    Hi Dipank,

    Thanks I am not a wizard it is what a chart shows and how i interpret.Sometimes right or some occasion sl gets triggred .

  5. Dipak

    Hi,

    Your TAJ GVK Hotel call was so correct. 5.9% rise so far in intra-day and still rising !

    You are a wizard !!

    Dipak

  6. mahesh shet

    Sir,

    You are educating people, which help many people, Very few people (like you) doing this kind of work ( I mean free of cost). God bless you, I wish you bright future.

    mahesh

  7. Sachin

    Sir,

    Thank you for the updates on these stocks.
    If you could comment on Tech Mahindra that would be of great help as I got stuck in this.Please update on trading levels in this stock to exit.
    Once again thank you

  8. bramesh Post author

    Thanks a Lot for appreciating my work

  9. SONIA

    Hi Bramesh
    Yr views and insights are a great help to people like me who r learning.thamks once again.

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