STERLINBIO
GENERAL: - No one can predict market correctly all the time and most of the time market surprises i.e.
When people think it will go up, it goes down.
SHORTING: - What I found that one can consistently make profit by short selling stocks in Bull and Bear Market, but in practice, short selling is one of the most difficult skills to master. However if one master’s this fine art of short selling, one can make good money.
HOW TO SHORT? : - 1] Spot a weak stock, check its graph for confirmation.
2] Find out its resistance level & support level.
3] In the beginning just write it down in your diary that I will short stock A at Rs. xxx & will buy back it at Rs. xxx, do this exercise for 15 day’s to find out how many times you proved right and wrong. This exercise will expel your Fear of shorting.
4] DO NOT FORGET TO CHECK CIRCUIT LIMIT.
WEAK STOCK: - I found that following stocks weak as per their graph.
Arvind mill, Dhampur sugar, Maruti, TVS motor (As on 10th November 2006).
STERLINBIO : - This stock is in delivery call, targets for 2 day 149,151,152.10, 158.40.
One should enter into this if he/she is ready to take delivery if targets are not achieved.
ACC has resistance at 1024 but may cross it to touch 1035 in intraday.
No comments:
Post a Comment