26.08.2015.

Good Morning.

UBL [United Breweries] – I will buy above 853.20 and at 842.40 – 837, SL 830. Target 869.40/891/901.

India Infoline News Service | Mumbai | August 25, 2015 15:59 IST

Foreign investment partner Heineken NV is looking to raise its stake in the company, in order to gain full management control.

Regards

This is only for information and study purpose.

25.08.2015.

Good Morning.

Yesterdays fall though very bad was not ordinary. Global market witnessed sell-off. More than $5 trillion has been wiped off global stocks since Aug 11.

I think it will take very long time for market to stabilize. Best thing is to keep quiet and watch.

Regards.

NB - Lone three from my data bank survived in yesterday’s quake – ASTRAMICRO, EMAMIINFRA, and NMDC

24-08-2015

Good Morning.

AARTIIND – looks good to me as long as it trades above 422, weak below 410. Below 410 it has good support at 389/384. First target 435.40 and above it 448.20.

RELAXO – looks good above 551, weak below 539. Target 558.45/565.00.

CADILAHC – look good above 1950.30 and below 1912 support at 1881.00. First target 1964/1983.

IFBIND – weak 538.00. R 547.20. 554.40. 567.20. 580.00. Target 532.00.

This is only for information and study purpose.

Regards.

23-08-2015. SHORTING.

Good Morning.

There is belief that those who opt for shorting makes more in the market.

Shorting is an art. A shorter has to identify a stock that has given negative breakout.

After selecting stock for shorting, shorter must further identify its support and possible 4 to 5 resistance levels.

For example –

If one feels that a stock will fall further below 253.80 and may touch 249, then shorter has to find out how up it can go above 253.80.

Let us assume that the stock above 253.80 can go up to 258.75. 261.10. 267.50. 273.90.

If shorter had shorted 10 qty at 253 then he/she must short 20 at 258.75, 60 at 261.10,120 at 267.50 and 240 at 273.90.

In the process shorter has to predetermine where to put stop loss.

Reason for this post is normally shorter do not visualise 4/5 resistance levels.

Try this method of shorting in double qty at every resistance level, to gain confidence one may short in small qty say – 1,2,6,12,24 etc.

Lastly if in profit cover it without waiting for 249.00.

Regards