Thursday, February 11, 2021

List for 12th Feb 2021

Good morning!

Yesterday we had a great run in Reliance and this was accompanied by a surge in volumes. However, there are news pending on this counter as there is a litigation in the SC now as regards the Reliance - Future group merger. The outcome can impact the move going ahead. Having said that, it is looking poised to continue the rally. Lets see how it pans out!

HDFC and HDFC bank were not moving as per expectations and we need to keep these 2 counters on watch as I believe any further up move in the indices need participation from these heavy weights.

Keeping these same counters on watch today as well, namely: Reliance, HDFC, HDFC Bank.

Another counter to watch out for is HUL as and when it breaks 2290/2300 levels.

Happy trading.


Note: A lot any queries to me via DMs that why I dont hold on to the winners and why do I book out so fast.(special mention Reliance yesterday where it rallied 40 points more from where I exited). The simple and honest answer is that there is no way of knowing that how long the rally will last. I do day trading full time and as a full time profession. It is important for me to make money and I will take what ever is there on the table. There have been many instances where I have trailed and the price does a U turn and stops me out. The entire day after that is wasted away thinking I could have taken that money and not be subjected to greed. On the other hand if the price rallies, there is always a feeling of being left out when you take profits very fast....but its better to have a feeling regret with money in the pocket rather than living with the feeling of regret without taking the money that was on the table!

Cheers!

Wednesday, February 10, 2021

List for 11th Feb 2021

Good morning!

Today would be concentrating on HDFC twins and Reliance apart from BNF/NF.

If anything else comes up would be sharing the same on the Telegram channel.

The market is at a very interesting level. Yesterday we saw numerous attempts at 36k in BNF and 15k in NF. These are very important levels in both the indices. If it takes support here, we can see a renewed upmove and a failure to do so would open gateway to a further fall by 2% or more(not intra).

Tuesday, February 9, 2021

List for 10th Feb 2021

Here is the list for the day.

Yesterday we saw a sharp sell off in the second half of the day. Need to see if the selling continues or do we see absorption of selling pressure and another move up!



Sunday, February 7, 2021

List for 8th Feb 2021

Back after the budget moves are done and over! Lets hope things are back to normal in the markets going forwards. The last week saw unprecedented moves in stocks and indices. Hope you all benefitted from the same in some way or the other.

Here are the stocks on my radar today! Will post on my Telegram channel if there is a trade in the same! 




30th Sept 2021