This is the End of the day analysis for this trading session and we intend to continue the Morning reports before the trading session to provide the trading ideas and also the EOD analysis to check the performance and also the findings from the trading session.
We feel blessed that the first morning picks performance inline with the expectations and all the calls are closed with profit.
In today's morning picks we provided going short in BHEL,Hindalco and ITC. Fortunately all the calls performed well and provided profit.
BHEL made a high of 140.85 , we suggested shorting in the range of 140-147
The stock made a low of 135.4. It hit the first target of 135.5.
The potential profit as of now assuming the shorting at 140.5, profit is of 5 points,per lot it
would be 2000*5=10,000
Hindalco made a high of 113.85, we suggested shorting in the range of 112-117
The stock made a low of 110.55. It hit the first target of 111.
The potential profit as of now assuming the shorting at 113.5, profit is of 2.5 points,per lot it
would be 4000*2.5=10,000
The stock made a low of 338.35. It hit the first target of 135.5.
The potential profit as of now assuming the shorting at 346, profit is of 7 points,per lot it
would be 1000*7=7,000
Safe Traders can book their profits and risky traders can trail the stop loss for further targets.This calls are of swing trading(1-5 days).We will update the trading calls before market opening tomorrow. We will be providing Intraday trading tips and Option tips very shortly. We request you to provide your valuable feedback and comments to improve the blog and perform better. You can get instant updates using gtalk.
Thanks and Happy Trading,
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