Minting Money - Both ways

We have given only 17 calls. Of which only 1 Stop Loss hit and 16 targets achieved many much beyond the target price. Madras Aluminium 2 upper circuits hit and still holding for few more. Akruti city gave us 860 to 947 and then again in the reverse to 761.

Monday, 26th Jan

Happy Republic day!

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Tuesday - 27th Jan

Buy Balrampur abv 52.9 tgt 54.55 sl 50
Buy Cipla blw 190 sl 181 tgt 194..197
Buy Risky Dish TV arnd 19 SL 17.9 TGT 20..20.5
Nifty to open positive arnd 2700 and could jump a bit before it decides path. Today RBI policy as well. Exit on every rise.

Results

Balrampur high was 54.90 (tgt 54.55)
Cipla high was 192.90 (tgt 194)
Dish TV opened high
Nifty opened above 2700 & RBI policy was non event

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Wednesday - 28th Jan

Buy AKRUTI CITY arnd 860 SL 839 tgt 899/915
Sell EDUCOMP SOLUTIONS at 1720 SL 1741 tgt 1665
Buy Adlab Films at 165 tgt 173/175
Nifty to open Positive and due to F&O expiry could remain positive. Do profit booking @ 2800 levels. Resistance 2830 SL 2740

Results

AKRUTI CITY touched 921 (tgt 899/915) 7.09%
EDUCOMP was above our sell price
Adlab Films 164 to 169.80
Nifty was positive as expected

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Thursday - 29th Jan

Buy MIC Electronics tgt 20% few days
Buy Madras Aluminium arnd 75 and hold for few days tgt 90/100/150
Buy Aban Offshore blw 475 tgt 482/485
Today F&O expiry. Expect volatility. Nifty to touch 2900+
Buy Akruti again blw 882 SL 868 tgt 935/945

Results

MIC Electronics 14.65%
Madras Aluminium 5% upper circuit
Aban Offshore 474.85 to 483
Akruti City opened high but crossed 947 (tgt 935/945)

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Friday - 30th Jan

Sell AKRUTI CITY 875 SL 900 tgt 850/826/810
GLENMARK PHARMA BUY 138 SL 134 tgt 146
Sell Maruti 545 SL 560 tgt 525
After F&O, Nifty is weak
Buy IVCRL Infra around 103 tgt 110 SL 99
Madras Aluminium is out of circuit now. Buy & hold. TGT 90+ in few days

Results

AKRUTI CITY low of 761(tgt 810)
GLENMARK PHARMA touched 143.80 (tgt 146)
Maruti Opened low and hit SL
Madras Aluminium 2nd day 5% circuit
IVRCL Infra touched 110.8 (tgt 110) 7%:-)

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Happy Trading!
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