Monday, March 29, 2010

Short CAIRN Apr futures : Buy PA 300

Stock selection to be done , prior to market opening ,keeping in mind that which scrips are trading near breakout level ..when mkt is in uptrend ..when there is confusion I prefer those stocks which are trading at the over bought zone and already given a break down signal as in cairn india ..stock is trading at overbought zone and bearish engulfing candle is there in my view a nice opportunity to short its futures today at its LTP or above ..Please remember do not go short in intraday trade till market trend is confusing because if u will be trapped short in intra then no way... you will have to book a loss. for sure ..
Short CAIRN Apr Futures @ or below 299.30
Targets 297.10>>><<<295.65>>><<<293.40>>><<<289.70 >>>
Mental sl 312.00
buy pa 300 @ 10.00
Please read the instructions carefully before placing your trade order for nice gains by clicking this link

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