Nifty Update: 30th April 2012

As expected the box pattern is still impact but intraday the nifty is testing below the box. Monsoon has already south India and trend can be confirmed in next 10-15 days. Now, only two major concerns rising deficit due to crude prices and growth being eaten by inflation. Lets wait what all is in store.

REC LTD

REC Ltd

Rec is bottoming out. Accumulate with a stoploss of 192 for decent gains.

Nifty: 27th April 2012

NSE NIFTY

Nifty is getting the support in the box formation but will it able to hold these???

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Rpower: 27th April 2012

Rpower Ltd
Previous update: Click here

As expected the stock is moving down and hit the tgts given on 24th April The down turn is likely to continue one can hold the current shorts with the sl of 102.5

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks. 

HDIL: 27th April 2012

HDIL
Previous update: Click here

As expected the stock is down and likely to test 79.3 if closed below that sellers will make the killing in the stock.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Coal India: 27th April 2012

Coal India Ltd
Previous post: Click here

The previous breakout appears to be fake but the stock is giving respect to its previous resistance of 349 and post touch low of around 346 another support of the stock it bounced back. The up current is not likely to die down soon. Hold your positions as even the company's fundamentals are strong and in the much talked FSA's with power companies the company already talked about passing on all the costs and penalty clause for the name sake.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

JP Associates Ltd: 27th April 2012

Jaiprakash Associates Ltd:
Previous update: Click here

As expected the stock took intermediate support @ 71.45 once broken will look for 67.35. Keep trailing sl for  all your positions. Trailing sl ensures that once a trade is in profit it will always remain that way irrespective of the quantum of the profits.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Gitanjali Gems update: 27th April 2012

Gitanjali Gems Ltd
Previous update: Click here

As expected the stock is not able to sustain above the trend line and now the sharp down move can take the stock to 313.5 and 300.1. Fundamentally the company is not doing great with poor RoE of 10% thus not even having the PE of 7 where in the market leader Titan with RoE of 55% is enjoying the premium valuation of 35 PE. The current business model of the company is highly dependent on diamond sales but despite of full page advertisement it is not able to generate the expected level of business.
Only hope for the stock is some premium valuations for the stake sale post restructuring and continuous support of buying from the promoters.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Indusind Bank Update: 27th April 2012

Indusind Bank Ltd
Previous update: Click here

Hopefully all of you made good money the trailing sl was due to sudden increase in prices. Any case the main purpose of trading or investment is to take home profit and not to convert the profitable position in to loss and later book the loss. If the stocks open high short it again at the higher levels @ 335-337 as it is facing lots of resistance and not likely to show a up move in the near future. Happy investing.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Gitanjali Gems: Really a GEM ?

Gitanjali Gems Ltd:

Face Value Rs 10 Dividend 30%

The stock gave a break down from the current up trend and is about to touch the medium term trend line. Even the promoters buying from the open market was not helpful to sustain the recent price movements. But the positive sign is that the promoters like last time have come for rescuing of the stock. Stock movement for next couple of days will be interesting to watch. In absence of any major trigger and prices falling below 321 on closing basis coupled with lack of further buying of promoters from the open markets can make stock test the levels of 300-260 might be lower as well.

Nifty Update: 26th April 2012

Nifty is currently trading in a box will it able to break is yet to be seen.

Vikas Wsp Update: 26th April 2012

Vikas Wsp Ltd
Previous update: Click here

The stock made a double top at 75-76 and was not able to close above the resistance of 74.95 based on which we short sold the stock and covered today after looking at the trade pattern. As expected today itself it gave us high returns bought at 62 and sold at 66 with in 30 mins. The uptrend in stock is intact provided the current run is sustained. Its a high risk trade and I recommend a BUY for testing 74.95 again obviously subject to speed breakers @ 69 and 70.55. Will the double top become triple top only time knows the answer.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Indusind Bank Update: 26th April 2012

Indusind Bank Ltd
Previous update: Click here

As expected the stock was not able to cross 336.5 on the closing basis and fell by more than 4 rs compared to yesterdays trade thus now a profitable trade keep a trailing sl and hold your positions.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Nifty Update: 25th April 2012

The nifty is expected to get support at 5186 and face resistance at 5272 levels

Caplin Point: BSE CODE 524742 (High risk)

Caplin Point Ltd

Face Value: Rs 10 Dividend 15%

The stock is giving dividend @ 10% and 15% for last two years and expected to perform in a similar manner going forward. The scrip is not very liquid so avoid taking large exposures. With a eps of Rs 5 I think it deserves the PE multiple of 10-15 which translates in to the price tgts between 50-75 but subject to successful crossing of 34.4.

High risk investors can take exposure to the counter with the expectation of rewarding returns for next 3 months.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Yes Bank: Update 25th April 2012

Yes Bank Ltd
Previous post: Click here

As expected below the closing of 363.5 the stock hit lows of 356-357, if this one is not able close above 363.5 than look for 349.9 and 340 before the bounce back.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Indusind: 25th April 2012

Indusind Bank Ltd
Previous post: Click here

As expected after initial hitch the stock moved down to find the support at the trend line. Will it be able to get the support ? I am little optimist and expect the stock to test 318 levels only if it closes below 236.5 today as well.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

JP Associates: Update 25th April 2012

JP Associates:

Previous post: Click here

Stock has broken from the box formation and likely to test lower levels of 71-66 in the coming days keep a sl of 75.3 on the closing basis.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

HDIL Update: 25th April 2012

HDIL Ltd:
Previous post: Click here

The stock is not able to show strength and likely to fall down to lower levels due to lack of support from the markets.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

JPA- Dual opportunity

JPAssociates

Face Value: Rs 2 Dividend 40%

Today again the stock took the support at 75.3.. Wait before jumping in to the trade. If the markets open negative and remains negative sell this stock with a sl of 75.3 same way if markets trades positive than buy this stock with a same sl... the sl is on the closing basis of the stock (WAP will be good indicator of the day end movement of the stock.)

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

HDIL- Sell call

HDIL

Face Value Rs 10 Dividend Nil

The stock has again broken the trend line. Sell this below 82 for possible tgts of 79-72 and 67

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

RPOWER - Sell

RPOWER (FV - 10/-, Dividend - Nil)

Sell around yesterday's close price for target of 102.50 with  stop loss of 112

Nifty Update - 24th April 2012

Nifty - what a day we had. No movement across 5342 we mentioned could be bad & bad it becomes.

We had a big black candle coming back into wedge. Confirming that trendline (TL) breakout was a false one.

Levels to cover shorts or keep eye on 5110 (to be read as support) on downside. Below those levels we may be looking for another 80-100 odd points in Nifty. 

On upside TL will become resistance. Paper stocks are showing new strength whereas Infosys had another bad day post flat results. TCS came up with good set of numbers after HCL Tech.

IFCI Update

IFCI -  Came back behind the trendline, likely case of false breakout

People holding IFCI can keep a tight stop loss of 40 on closing basis

Old calls - Update - 23rd April 2012

BBL - Holding
Jayshree Tea - Holding
BPCL - Holding
M&M - Holding
CIL - Holding

IOC- Oil marketing companies are hot

IOC: Face Value Rs 10 Dividend 95%

The stock above 268 can touch 272, 278 and 282

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

IFCI - Positional

IFCI (FV - 10/-, Dividend - 10%)

Breakout happened last Friday, one can buy around 42.50 for 46.25 as first stop / target and then 48

Expecting a good movement in this counter this week (IDBI and IFCI are old financial counters of market)

Nifty Update - 23rd April 2012

Nifty still not able to cross 5342. Positive side trade only above this level.

Above 5342, one can look for 5440 - 5460 levels. Levels to watch out for downside 5261 >> 5213.

Seems like market not going to run anywhere soon, so may be it is time for some stock specific movement.

Happy Weekend

If someone wants to ask about a specific stock... Please put that in comment!

Valid only for the weekend. Happy weekend and happy trading

Nifty Update - 20th April 2012

Nifty - 2 consecutive days not able to cross 5342 on closing basis, good thing is we are still trading above the trend line / falling wedge

keep eye on this level, if crossed and trades above these levels, one can go long for 5400+ levels.

Positive candidates - M&M, GE Shipping, Pharma pack

CIPLA - Pharma Again

CIPLA (FV - 2/-, Dividend - 100%)

all pharma pack stocks seems to move in tandem on upside. Cipla, Cadialla, Dr Reddy seems to follow Pfizer, Ranbaxy

336 seems coming in this one, keep stop loss of 315

M&M - Positional

M&M (FV - 5/-, Dividend - 230% Incosistent)

Heading for a breakout for possible 760 levels stop loss 693. Seems to be a slow and consistent mover

Yes Bank- Update

Yes Bank Ltd
Face value Rs 10 Dividend 25%
Last Update: Click here

The stock is currently trading in a box one can try to go long @ 363.5 with a sharp sl below 362.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Indusind Bank- Update

Indusind Bank Ltd
Face value Rs 10 Dividend 22%
Last update: Click here

The stock is not able to cross the resistance as per the trend line and might consolidate at the current levels. Traders can book the position and investor can still be long on the stock.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Old calls - Update

Wyeth - Exited at 940
REC - stop loss triggered
Jayshree Tea - Holding
BPCL - Holding
Vikas WSP: The stock is highly volatile and still not able to cross 74.95. The results could be a big trigger for the stock. Hold your long positions with a sl of 69. Previous update: Link

Coal India - Update

Coal India Ltd
Face value Rs 10 Dividend 39%
Last Update: Click here

The stock had given a very good breakout and likely to face first resistance @ 373.5 post that look for 381.5. Hope people long from 338 are already loving the up move.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

REC Ltd- Trading call

REC Ltd
Face Value Rs 10 Dividend 50%

The stock is looking hot for 240 and 251

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Jayshree Tea - Update

Seems to be day of updates today, this time it is Jayshree Tea

Last post is here, latest chart below

People who are holding it can keep holding for immediate targets of 114 / 117

Keeping in mind volumes on this counter and other tea stocks movements, I think we may be looking at more upside post 117 levels.

Nifty Update - 19th April 2012

Nifty traded on positive side and outside the wedge but traded/closed next to the wedge line.

Couple of days outside the wedge close would be good for positive side trades.
Next level to keep eye on is last immediate high - 5378 as nifty did make lower low so will it try to make higher high is yet to be seen.

Time to be stock specific till nifty gives a clear trend. After Pharma stocks, now power stocks giving a good breakouts on charts.

Fundamental - Bharat Bijlee - Update

Last Post on Bharat Bijlee (BBL) is here

Current EOD daily chart of BBL (FV - 10/- , Dividend - 250%) is below 

Last post was on 7th April when price was hovering around 580 levels. Current price is 674, had a nice upmove today with decent volumes

People who bought it can keep holding for immediate targets of 700 >> 745. Ride the tide till it lasts.
At 745, it works out to be clean 28% profit.

Today we had many power stocks flaring - GVK Power, Tata power, bharat bijlee

Vikas Wsp- Update

As expected the stock faced resistance @ 69 and 70.55..

Next tgts 74.95 post this stock will try and kiss 101

Last time Previous update

BPCL- Trading call

BPCL Ltd

Face Value Rs 10 Dividend 140% (inconsistent)

The stock is look good for 710 with sl of 681

Coal India Update

Coal India

Previous link: Last update

Face Value Rs 10 Dividend 39%

The stock is looking good for another Rs 15-20 move post that we will review our position again.

HDIL- Update

Time to hit the SL since the scrip has broken the down trend line..

Wyeth- Update

Book 50% position and keep a trailing sl for the remaining position.

Previous post: Last Post

Nifty Update - 18th April 2012

Nifty - trading in a triangle, let us wait for Breakout round 5300 level.

Immediate support 5255 (50 EMA)

Patience is key after yesterday when we had flat up down flat and then up again swings during same day

Nifty - Daily Update - 17th April 2012

Nifty daily chart

Keep eye on 50 EMA - 5254, above that can have a quick 40 point upmove.

Keep in mind big day today - RBI meeting. No rate cut may lead a drop as 25 basis point cut is already discounted by market.

Prefer watching the day's event to start a fresh trade.

Wyeth - Daily Chart

Another Pharma stock when sector is making big moves

Wyeth (FV - 10/-, Dividend - 70% Incosistend)

TL / Triangle BO happened with volume spike

Good buy around 885 - 890 for possible 940 target and then 980. Stop loss - 876

Indusind Bank- Another Great Day ahead

Indusind Bank Ltd

Face Value Rs 10 Dividend 20%

The stock took the support as per the previous chart and looking good for testing 349 today.
This post is in continuation of our previous post: Previous chart of 4th April 2012

Yes Bank - Still not ripe for the up movement

Yes Bank Ltd

Face Value  Rs 10 Dividend 25%

The stock is not able to close above 381 and facing resistance. Today might be the same day where in it might try to test 381 once again.

Previous post: Yes Bank Ltd

Nifty Update - 16th April 2012

Nifty Daily charts

Closing was above the TL but we did had a break of TL (thanks to IT sector)

Seems like nifty will trade as per wedge pattern. Good to sit idle and out and relax. Let market decide the trend and then trade

Above 5210, we can see some upside (likely to be a relief rally / dead cat bounce in IT stocks)
Else we are good for 5145 levels.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks

HDIL- Golden Sell Call

HDIL

Face Value: Rs 10  Dividend 0%

Sell for 81-72-66.5

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Glenmark- Investment cum trading Idea

Glenmark Pharma Ltd.

Face Value: Re 1 Dividend 40%

Glenmark is good for an immediate target of 334. This stock can also find flavor among investors.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Coal India -Trading Idea

Coal India Ltd

Face Value Rs 10 Dividend 39%

Above 339.5 Coal India is ripe for another up move with the tgts of 343.55 and 349...

Looking forward for another exciting day in the markets.

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.

Nifty Update - 13th April

Nifty touched high of 5306 and then started the down journey.

We mentioned to book profits around 5310 levels, which was expected to be resistance levels.

Relax and enjoy the weekend with Jayshree as delivery.

Will update over the weekend.. please share your views in comments

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks

Ranbaxy Update - 13th April

Ranbaxy moved and booked today, last update here

It touched  519.50 today which is its day's high in both cash and future segment

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks

JPA Positional Update

Update on JPA - booked the losses in the call, trade squarred off due to stop loss of 77

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JPA - Positional - Update

Holding JPA 90 Call for April, having stop loss of 77

A news item for recent drop in cement shares - here

All of the content published on this blog are to be used for informational purposes only and without warranty of any kind. The materials and information in this website are not, and should not be construed as an offer to buy or sell any of the securities named in these materials. Trading of securities may not be suitable for all users of this information. Both day trading stocks and investing in the stock market in general have large potential rewards. However, they both have large potential risks involved in which you can lose all the money. You, the reader, and not cherrypicks001.blogspot.com or cherrypicks or any of the contributors are responsible for any losses, financial or otherwise, as a result of trading stocks.