Sunday, 2 June 2013

Weekly trades for 3 June-7 June 2013



script B/S Pattern cmp target stoploss
coalindia buy weekly double botton  324.7 330/338/341 314.65
hdfcbank sell channel breakdown 700.5 689/677/661 714
icicibank sell channel breakdown 1154.45 1130/1117/1086 1208
idfc buy weekly support 144.7 146/149 139
infy buy range breakout 2411.7 2430/2450/2470 2365
jpass sell h&s  65.65 60/52/47.3 72
powergrid sell  bearish piercing 113.3 112.5/111.75/110.85 115
relinfra sell cup & handle 361.35 352/324/305 390
tatasteel sell range breakdown 291.75 282/272 300


UPDATE 8th JUNE 2013
All Trades closed. One lot of each script is traded. Profit booked at first target by me. For trades where neither target nor stop loss hit Friday closing is considered. The entry price is price around 9.30 am for all trades. (Infy not traded as opened above all targets & Powergrid the risk reward was unfavorable at entry point.)


script B/S entry targets stop loss
reached Amount
coalindia buy 326.45 330/338/341 314.65 tgt1 330.65 3550
hdfcbank sell 697.9 689/677/661 714 tgt2 673 4450
icicibank sell 1153.2 1130/1117/1086 1208 tgt1 1121 5800
idfc buy 144.9 146/149 139 tgt2 150.3 2200
infy buy No trade 2430/2450/2470 2365 tgt3 2625 0
jpass sell 66.3 60/52/47.3 72 64.4 63.9 7600
powergrid sell  No trade 112.5/111.75/110.85 115 tgt3 110.65 0
relinfra sell 357.4 352/324/305 390 377.3 355.3 -9950
tatasteel sell 291.8 282/272 300 sl
-4100
            net 9550




























































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