Friday, October 30, 2009

Act on what you believe in..

The one success formula in the stock market is "Believe in what you see and act on it on time having faith in your own views".
Whenever market is above its 200DMA and you see a continuous 5 days of fall, you buy there, then you are likely to get very good short term gains. While Nifty trading above its 200DMA(3930) fell for 8 days with a small pause in one day in between had offered such an opportunity. And it may offer again too.
The following stocks were recommended to buy @ the mentioned levels yesterday in "Stockwealth" blog and all of them except Aban got bought at those levels. The selling of the same can be done at more higher levels as world cues are positive.
Tata Steel: 461-475++.........503--
Suzlon: ....69-70++...........75--
RCapital : 720-735++.........795--
RCom : 185-195++.........204--
Essar Oil: 130-132...........145--
Cairn : .262-265...........276--
Icici Bk : 770-780...........826--
Aban : 1285++...........1400--

4 comments:

satya said...

Sir can you send me this excel sheet and if you have any other useful things.

if and only you feel comfortable.

warm regards

Ilango said...

Hi..satya,

Absolutely alright..

Best regards.

ilango

Ilango said...

I don't find your email id..BTW, it is just a simple excel sheet with basic formulas in it..

DKG said...

HI Sir,

What abu nifty today, long or short?

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