1.Recap:Both the recommended stocks TCS and Gitanjali Gems hit bulls eye in the market and both the stocks hit high in the initial part of day.So it becomes all the more important for day traders to be timely positioned before the screen to gain daily.NTPC recommended as a delivery has sky rocketed.
2.Indian Stock Market Update:Market is showing a cautious approach and thus sideways trading trend is being seen.Book profit always if available.Watch Support and resistances as give previously.key world indices tracked by world to be follwed to gain:
SENSEX 15465.40(+43.35)
NIFTY 4479.25(+4.50)
FTSE 6327.90(+0.39%)
NASDAQ 2596.36(+1.21%)
DOW JONES13357.74(+0.90%)
NIKKEI 16524.90(-0.27%)
3.Strong Future Stocks
Nagar Fert
Triveni
Chambal Fert
Escorts
Rajesh Exports
Ind Cements
Lanco Infratech
IDBI Ltd
Peninsula Land
Jaiprakash Hydro
4.Weak Future stocks
EKC
Divi Lab
Sterling Bioitech
Sobha
Gateway Distripa
Adlab Films
Hero Honda
VSNL
Bharti Airtel
Bharat Petro
5.Day trading:Sell Century textile<778.9,773,770,760 Stop loss 785.7
6.Day trading cum delivery Stock:Buy reliance energy limited as it has a final target of a figure greater than 1000+ and for short term a target of 900.One can hold this stock to get these returns.One can day trade with following parametres:
Buy REL>830.1,839,849,855 Sl 823.7
7.Watch:balaji telefilms near recommended entry level as given in previous posts.
TIPS FOR INDIAN SHARES FOR BROKERS AND DAY TRADERS:06 SEPT
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