What to Trade Next Week...

Again coming week is going to be very interesting week. Election is about to start. Opinion Polls may change the mood of the market. RBI Policy can be game changer. Bias is still positive however I would suggest to play carefully and keep your 50% position on Short Side. Here is few of the trending stocks to follow.

S.No	Stock	Date	CMP	Buy SL	Short SL	Trade Type
1	Bharti	28-03-2014	317.4	300		Long
2	CIPLA	28-03-2014	386.95	380		Long
3	DLF	28-03-2014	175.85		180	Short
4	Exide	28-03-2014	123.1	116		Long
5	ICICI	28-03-2014	1259.2		1290	Short
6	LT	28-03-2014	1288.15		1300	Short
7	Lupin	28-03-2014	947.25		960	Short
8	Maruti	30-03-2014	1931.4		1970	Short
9	PNB	28-03-2014	750.25	687		Long
10	RCOM	28-03-2014	129.55	120		Long
11	SSLT	28-03-2014	182.95	178		Long
12	SAIL	28-03-2014	64.7	62.8		Long
13	SBIN	28-03-2014	1901.95	1805		Long
14	Gail	28-03-2014	381.2	370		Long
15	Tata Motors	28-03-2014	397.3		405	Short

Learning Section - What is Intraday Trading?

It has been seen that most of the Trader, especially new comers come to share market to make fast money through very short term trading (Intraday). The truth is intraday trading is neither based on hot tips nor it is fast money making method.


What Stock Market is not for:

1. It is not fast money making method.
2. It is not based on hot tips.
3. It can’t be learned in single day.
4. It is not just buying and selling of shares.
5. It is not daily profit making strategy so don’t calculate your profit on daily basis. (Calculate profit/loss monthly basis).

Strategies for Intraday trading

The primary strategy of Intraday trading is to earn consistent money on daily basis.    

Analyzing stock price movements - Stock price movements like Open, High, Low and finally close are very important know for any Day Trader.

One more important factor to watch is stock price fluctuations. Stock price fluctuations means by how many rupees or paise the stock is moving (either 
up or down). This gives you an idea on what price to buy and at what price to sell (or first sell and then buy).

Keep a close eye on volumes - Supply and demand means how many buyers are willing to buy (this indicates the demand) and how many sellers are aggressive to sell (this indicates the supply). Always remember the stock price movement depends on supply and demand. Simple thing to remember (not only in stock market or day trading but also in general life) that more demand and less supply means price is going to move up and if more supply and less demand then price is going to come down. 
Overall if you study this strategy carefully then you will come to know whether the people are interested to buy or sell the stock and hence the price moves accordingly that is if see more buyers then the price is going to move up and if you see more sellers then price is going to fall down.

Lets start with the last week follow up calls...

Last week was good week for the all the longs which we have initiated. None of SL triggered for all the Long calls and all the SL triggered for the short calls. Currently I would suggest take more of the position on Long Side instead of Short Side. 

S.No	Stock	Date	Last Week Price	Buy SL	Short SL	Trade Type	HighV/S Low
1	ACC	21-03-2014	1270.1	1245		Long	1372.30/1250
3	Ambuja	21-03-2014	184.5	179		Long	201/182.55
4	Asian Paint	21-03-2014	510.1	494	520	Both	544/506.5
6	Bajaj Auto	21-03-2014	1977.85	1949		Long	2096.80/1979.50
7	BOB	21-03-2014	656.15		672	Short	740/658.15
8	Bata	21-03-2014	1102.35		1140	Short	1153.30/1102.90
10	BHEL	21-03-2014	187.75		190	Short	202.15/186.30
13	DLF	21-03-2014	171.1		175.5	Short	181.45/170
14	Exide	21-03-2014	116.05		120	Short	123.80/114.60
15	HCL Tech	21-03-2014	1426.3	1390		Long	1450/1382
16	HDFC	21-03-2014	843.25		860	Short	880/841
18	ICICI	21-03-2014	1199.55		1230	Short	1276/1204
20	LT	21-03-2014	1216.6	1209	1250	Both	1296.10/1216.85
23	RCOM	21-03-2014	121.85	117.5		Long	131/119.80
24	RIL	21-03-2014	885.8		915	Short	919.55/872.50
25	SSLT	21-03-2014	175.9	169.9		Long	184.70/174.50
26	SAIL	21-03-2014	58.35	56		Long	66.10/58.05
28	Gail	21-03-2014	353.05	347		Long	388/350.85
29	Tata Motors	21-03-2014	389.15	379		Long	404.95/386.50
30	Tata Power	21-03-2014	79.85	77.2		Long	86.95/79.65
31	Tata Steel	21-03-2014	363.85	346		Long	383.75/356.15