Nifty & Educomp - Two winners

Last week intraday calls details are placed below. We have two winners Nifty call 35.59% and Educomp 31.74%

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Monday - 19th Jan

Buy RCOM abv 184 SL 179 tgt 5-10% up
Buy NFL blw 16.6 tgt 5-10% up sl 15.5
Buy Reliance tgt 1240..1260 sl 1160
Buy Akruti sl 608 tgt 665

Results
RCOM gained 3.38%
Nagarjuna Fert gained 5.59%
Reliance touched 1249 (abv our tgt 1240)
Akruti gained 12.02%
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Tuesday - 20th Jan

State Bank of Trav BUY @ 225..230 SL 210 TGT 238..244.250
Tata Steel BUY SL 198 TGT 215..218..
Sell Mundra Port blw 364 SL 369 TGT 357..348
Stay Away from Educomp Solutions. Another fudged accounting.
Very Risky Traders can short it or buy its put and keep it for expiry

Results

State Bank of Trav Opened 5% up. One can hold it.
Tata Steel & Mundra Port hit stop loss
Educomp Solutions if anyone shorted have made 6.74
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Wednesday - 21st Jan
Buy GSS America on open TGT 5-10%up
Buy Tata Power @ 750 SL 718 tgt 770..785
Sell Reliance blw 1167 tgt 1140..1128
Sell ICICI Bank blw 392 SL 400 tgt 387..384
Nifty to open low but one can buy Nifty 2800 calls arnd 45 for 10-20% gain SL 37

Results

GSS America 120 or 15% up
Tata Power SL hit
Reliance touched 1110(our tgt 1128)
ICICI Bank hit 360(our tgt 384)
Nifty 2800 call gave 35.59%
Educomp gave another 25%. Total 31.74%
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Thursday - 22nd Jan

Market to open positive today and one can buy Nifty 2700 call at market open for intraday to get 10-20% gain SL 55.
Reliance below 1097 sell tgt 1080..1070,,1040 If stay abv 1127 then buy tgt 1145...1150..
Buy ICICI Bank arnd 370 tgt 375..382 sl 360
Reliance results may not be good and hence could hit the market hard today and in the coming days. be careful in any long position :-)


Results

ICICI Bank touched 381.25 (our 2nd target was 382)
Nifty 2700 Call hit SL
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Friday - 23rd Jan

Avoid Intraday Trading today. Global cues are weak but Reliance results came better than expected. Mixed situation = High Volatility.
Sell Praj Ind around 51 SL 53.30 tgt 49..47..
Sell Kotak Bank below 275 SL 287 tgt 269..265..255..

Results
Praj Ind hit our first target 49
Kotak Bank hit 248 i.e 7.5%
Reliance was positive as suggested

Happy Trading!
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