PUNTER CALL 24 HRS UPDATE: STRATEGY TO TRADE

TODAY NESTLE INDIA HAS MADE 52 WEEK HIGH OF 4520 AND FALLEN WATCH OUR PUNTER CALL OF 19/07/2011 TARGET ACHIEVED.


ALL PUNTER CALL ARE BASED ON CHART ANALYSIS , MICRO AND MACRO  ECONOMIC FACTORS AND NEWS ON CARDS.

TRY TO TRADE WITH DIFFERENT LEVELS

ACTION	COMPANY	Pivot point	R1(SELL)	R2(STOP)	R3(BULL)	S1(BUY)	S2(STOP)	S3(BEAR)
BUY	RUSHIL DÉCOR	153	175	186	207	142	120	110

 RUSHIL DECOR CHART INDICATE THAT BULLISH SIGN FOR TODAY BUT STOCK HAS FALLEN  BY 13% DUE TO TRADERS HAS BOOKED THE PROFIT.(THIS ALSO INDICATE THAT EVERY HIGHER LEVEL IS GOOD TIME TO SELL THE STOCKS PROVIDED IF TRADE BELOW R1 LEVEL AND SUSTAIN)

STRATEGY IN SUCH SCENARIO:

TODAY STOCK HAS NOT CROSS R1  OF 175  WHICH FIRST TRIGGER TOWARDS DOWN WARDS   TO SELL. AT 12.04 PM STOCK HAS STARTED TO TRADE  AND SUSTAIN BELOW 153 THAT SECOND SIGN TO SELL THE STOCK SEE THE STOCK HAS BROKEN OUR S1.TARGET ACHIEVED.
(SAME STRATEGY CAN APPLIED TO BAJAJ HINDUSTAN STOCK TODAY)

(LESSON TO BE LEARN BY EACH TRADERS :TRADE WITH PATIENCE,KEEP STOP LOSS,UNDERSTAND DIFFERENT RESISTANCE AND SUPPORT LEVELS,CALL FOR THE DAY,TREND AND DIFFERENT R1,R2,PP,S1,S2 ARE YOUR FRIEND WILL MAXIMISE YOUR PROFITS.)