What to trade Next Week....

Market is still not appears to be convincingly short..However I still suggest to trade on short side. We can still avoid holding overnight long position to minimize the Risk. Below stock you can use to trade on short side but do not forgot to follow strict stop losses.

S.No	Stock	Date	CMP	Buy SL	Short SL	Trade Type
1	ACC	17-04-2014	1358.35		1380/1400	Short
2	Albk	17-04-2014	94.7		96/97.20	Short
3	Asian Paint	17-04-2014	543.75		550	Short
4	BOB	17-04-2014	771.3		785	Short
5	Coal India	17-04-2014	290.9		296	Short
6	Dish	17-04-2014	48.25	47		Long
7	Exide	17-04-2014	125.95		130	Short
8	HDFC	17-04-2014	879.8		894	Short
9	ICICI	17-04-2014	1262.85		1280	Short
10	JPAss	17-04-2014	57.4		60.2	Short
11	LT	17-04-2014	1268.95		1300/1310	Short
12	Petronet	17-04-2014	140.6		150	Short
13	RCOM	17-04-2014	131.4		134	Short
14	RIL	17-04-2014	959.1		968	Short
15	Rpower	17-04-2014	72.95		75.5	Short
16	SAIL	17-04-2014	71.1		72	Short
17	SBIN	17-04-2014	2017.3		2040	Short
18	Tata Power	17-04-2014	83.95		85.2	Short
19	Yes Bank	17-04-2014	417.1		425	Short

Learning Section - What should be the strategies to be successful Trader?

There is no fix strategy to be successful trader. However we can follow some basic principles to be successful in stock market.

First question you should ask to yourself that how much Risk you can take before trading in stock market.

Successful ways for doing trading:

• Analyze, Wait, Watch and then Trade
• Act accordingly
• Analyze specific share
• Wait and Watch
• Final step is to act and trade

We will discuss all above in detail in coming weeks..Hope you would like it...

Last week follow up...

Last week was not very good week. Most the SL gets triggered. It clearly indicates we still have some rally left in the market.  Since market is at all time high profit booking is highly advisable. Keep your SL very tight while shorting in such Bull Market.

S.No	Stock	Date	Last Week Price	Buy SL	Short SL	Trade Type	HighV/S Low
1	Albk	04-04-2014	92.65		94.50/96.50	Short	97.30/90.65
2	Ambuja	04-04-2014	203.35		206	Short	217.80/202.65
3	Asian Paint	04-04-2014	530.7		550	Short	550/526.50
4	Axis	04-04-2014	1428.15		1470	Short	1517.60/1410.10
5	Bajaj Auto	04-04-2014	2028.9		2080	Short	2057.59/1990.65
6	BOB	04-04-2014	755.75		770	Short	798.10/739
7	Bata	04-04-2014	1097.6		1147	Short	1108.90/1065.55
8	BHEL	04-04-2014	183.5		190	Short	187.90/176
9	Exide	04-04-2014	122.9		125	Short	126.75/121.45
10	HDFC	04-04-2014	895.1		910	Short	934.40/880.80
11	ICICI	04-04-2014	1230.45		1260/1275	Short	1269.85/1202.45
12	LT	04-04-2014	1277.1		1300/1310	Short	1327.25/1267.20
13	Lupin	04-04-2014	977.1		995	Short	986.80/945.30
14	RCOM	04-04-2014	129.1		131.10/133.1	Short	138.40/126.55
15	RIL	04-04-2014	944.25		965	Short	973.90/934.35
16	SSLT	04-04-2014	190.1		194	Short	202.40/189.40
17	SAIL	04-04-2014	64.7		73.5	Short	76.10/69.65
18	Tata Power	04-04-2014	83.35		85	Short	87.90/82.30