Old Calls Update

Educomp - Open with profit of Rs 18
IOC - Booked at 281 with profit of Rs 10
JPA- Booked at 58 with profit of Rs 4
LT - Open with loss of Rs 10
IDFC - Partially booked with profit of Rs 10, holding half for 130 levels

Old Open Calls - 24th May 2012

Educomp - Open with profit of Rs 16
IOC - Open with profit of Rs 2.1
JPA- Open with profit of Rs 1.5
LT - Open with profit of Rs 10
DeltaCorp - stop loss hit

JPA - Short

JPA (FV - Rs 2 , dividend - 20% ) Cash charts on daily timescale

Another one for risk lovers, as this one also have simialr pattern as LT

can be shorted for 59 as immediate level and then 55 with stop loss of 64

Old calls update

BBL - Holding
Jayshree - Holding
BPCL - booked around 700 levels (Profitable)
Rpower - booked at 102.50 (Profitable)
M&M - Holding
JPA - Trailing SL hit (Profitable)
Indusind Bank - Trailing SL hit (Profitable)
Yes Bank - Holding the short position with a strict sl of 351 (Profitable)
HDIL - Trailing SL hit (Profitable)

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.

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.

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.

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.