About Me

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Mumbai, Maharashtra, India
Besides being a CHARTERED ACCOUNTANT from Institute of Chartered Accountants of India,SAP certified consultant(FICO) and A Director in an advertising Company,I am a BSE certified stock analyst(technical) and I trade regularly on Bombay stock exchange.Do you like to have some free reliable stock trading tips ??? Visit my blog daily and follow my research.

FANS

FOR THE NEW USERS

THIS BLOG IS A FRIENDLY EFFORT TO ENABLE USERS TO MAKE PROFIT BY PUTTING MY KNOWLEDGE TO THEIR USE. STOCK PICKS GIVEN HERE ARE FOR TRADING, THEY ARE REAL TIME AND MOMENTUM STOCKS I.E. THEY WILL RISE / FALL VERY FAST GIVING QUICK PROFITS. USERS SHOULD MAKE THEIR TRADING STRATEGY AND ENTER THE STOCK IMMEDIATELY AND EXIT AS PER THEIR PRUDENCE WHEN TRADE FETCHES 15-20% RETURN.

Before using the blog,I advise viewers to read my very first few posts which I wrote when I started this blog.

Thursday, September 17, 2009

Good Morning

Chlorophyll is responsible for the green color...Image via Wikipedia

Hi Friends,

It should be a very good morning today. Global cues are very positive and all the markets in green. We should have a gap up morning today on our market, however, profit booking is expected. Market is trading in overbought zone on daily basis and may decline but overall trend is positive. Inverted head and shoulder pattern is about to be completed on index charts and may take index up to 19000 if it is broken out upwards with great volume. Let us be positive and wait for the break out.

It is adviced not to open short positions and hold on to longs or buys. New buyers should not enter at this level as they will get chance to buy at little lower levels.Market will achieve new highs this festival season along with the support of global markets.

Today's picks:
Banks:
federal bank
Dena bank
Allahabad bank
PNB
OBC
IT:
Hcl techno
Steel:
Sesa Goa
Sail
Hotels:
Hotel Leela
Asian hotel
Others:
LIC HSNG
Chennai Petro
Hinduja Vent
Tata Chemical
LITL
Prakash Ind
Orchid Chem

Have a Great trading day with great number of scripes,

Regards,
Jagruti.
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