FREE STOCK TRADING TIPS FOR AUG 08,2008

TO TRADE LONG:

1. Buy ANSAL INFRA

Target 1 : Rs 111
Target 2 : Rs 120

Stoploss : Rs 94

2. Buy ASHAPURMIN

Target 1 : Rs 134
Target 2 : Rs 138

Stoploss : Rs 120

3. Buy BAJAUTOFIN

Target 1 : Rs 148
Target 2 : Rs 156

Stoploss: Rs 126

4. Buy ---------------

Target 1 : Rs ----
Target 2 : Rs ----

Stoploss : Rs ----

5. Buy --------------

Target 1 : Rs ---
Target 2 : Rs ---

Stoploss: Rs ---

Rules to be observed for long positions:

1. The stock should open near previous close or above
2. If The stock’s today’s open=low, the script would have strong upbias
3. If the stock’s today’s open=high, Never buy the stock until the high is breached
4. Don’t get into buying, If the stock opens too high from previous close
5. Use trailing stop-loss if your position is in your favour

TO TRADE SHORT:

1. Sell ATLANTA

Target 1 : Rs 184
Target 2 : Rs 178

Stoploss : Rs 204


2.Sell -----------

Target 1 : Rs ---
Target 2 : Rs ---

Stoploss : Rs ---

3. Sell -----------------

Target 1 : Rs ----
Target 2 : Rs ----

Stoploss : Rs ----

4. Sell ==========

Target 1 : Rs ----
Target 2 : Rs -----

Stoploss : Rs -----

5. Sell -----------------

Target 1 : Rs ----
Target 2 : Rs ----

Stoploss : Rs ----

Rules to be observed for short positions:

1. The stock should open near previous close or below
2. If The stock’s today’s open=High, the script would have strong downbias
3. If the stock’s today’s open=low, Never sell the stock until the low is breached
4. Don’t get into selling, If the stock opens too low from previous close
5. Use trailing stop-loss if your position is in your favour

GOLDEN RULES TO FOLLOW WHILE DAYTRADING

1. Enter the trades only after 15 mins since the time market opens
2. Take trade directions as market dictates you
3. Accept the fact that “MARKET IS ALWAYS RIGHT”
4. Trade only with the trend
5. Never add or average to the Losing trades
6. Always use stoplosses depending on your risk exposure limit
7. If the trades are not in your favor evenafter 11.30 p.m Exit or put strict stoplosses
8. Accept the fact that there is always losses in trading. But Aim to have more winning trades than losing trades. Here comes the aid of expert trader or technical analyst by way of TIPS and recommendations
9. If a stock is moving fast contrary to your position, Don’t be panic. Wait and exit at reactions

HAVE A NICE DAY IN TRADING!

DISCLAIMER: We dont have any positions in the stocks we recommend. User should adopt thier own stratergies in applying this tips in real markets. We are not responsible for any losses or risk of capital