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Sunday, January 20, 2008

21 Jan -3

W4 BOTTOMING
W4 Bottoming means that the stock has corrected upto its first retracement levels and is ready to make new highs ,the trend line is broken and has given a breakout buy .
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BUY CURRENT MONTH CALL/PUT
This is an option call and the sl in f/o is to be considered only at closing,an intraday sl should not be considered
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XTL BREAKOUT
This parameter has a confirmation of closing for the first time above the 12 day weekly moving average.
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SAR
This parameter gives you upper target and reverse target after stoploss
Buy Bharti @ 877 target 893 sl 858 SAR 838
Buy FT @ 2363 target 2425 sl 2310 SAR 2270
BTST

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