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Dear Esteemed readers,
1.I am writing this post to quell the doubts about delivery and day trading calls.I have to write this post as I received a comment where one of our esteemed reader utilised delivery call for day trading.
2.It is to be understood that the delivery call is with a minimum time horizon of 3 months and incase intraday profit is available that is incidental and one must book it being in a volatile market and it is also aptly said that a bird in hand is better than two in bush.
3.Our esteemed reader used delivery call of ITC as an intraday call which was given at stock trading tips site.
4.Dear Gaurav,Its of no problem in case you have bought ITC erroneously as a day trading stock instead as a delivery,just sit on it for three months as its like a fixed deposit and you will gain without any doubt.Intraday volatility and rumours are the part and parcel of stock market.ITC is a fundamental stock with its echoupal initiative ,it is racing ahead in retail segment and beating its cigarette business where stagnation is coming.
5.Always follow the Person giving recommendations in totality and do not try to change the entry price and stop loss price to get the killing.These calls by me are researched calls and these intraday calls stand even if that particular day has passed without that call being executed as those are based on technical analysis and support and resistances of the stocks.Before utilising any old call be sure to understand the trend of the market and do not try to fight the trend as no body has been ever able to beat the trend until and unless you have deep pockets.For eg Infosys call was given much before that the day it breaks 1900 it will touch 1873 and it did the same only a few days back as it had a fundamental support of 1900 which bears were finding it hard to break and it will not commence its bull run unless it breaches 2040 decisively.When this breach occurs decisively as per the demand and supply gap we may be able to project its final target as 2540.Similarly BILT call is being regiven as it is again at its support level.Hope I have been able to clarify the utilisation of calls to gain effectively and these recommendations do hold for all other analysts also who might be also giving the same based on
technical analysis,but be sure to check back the same from the originator.
6.Hope my detailed post will enable every user to take a informed decision and benefit from it.
