Tracks and recommends Indian Stocks traded in National Stock Exchange NSE and Bombay Stock Exchange BSE based on Technical Analysis

Photobucket
Photobucket

Monday, July 30, 2007

Buy NTPC Above 166 TGT 200 sl 156


Hai, Markets are in a flux, not knowing the direction.The best is to stick to PSU's that have huge assets that cannot be matched( not talking about Bipasha !!!) by any private operators.One such company is NTPC.The latest Q1 2007-08 is very exciting with a vertical increase in profits.One can buy(only if you have holding power,because sl may be triggered due to market conditions), with a target of about 200 plus in December 2007.( i have one lot purchased @169!).

Bye

IMPORTANT DISCLAIMER:THESE RESULTS ARE BASED ON SIMULATED OR HYPOTHETICAL PERFORMANCE RESULTS THAT HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE THE RESULTS SHOWN IN AN ACTUAL PERFORMANCE RECORD, THESE RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, BECAUSE THESE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THESE RESULTS MAY HAVE UNDER-OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED OR HYPOTHETICAL TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THESE BEING SHOWN. THE TESTIMONIAL MAY NOT BE REPRESENTATIVE OF THE EXPERIENCE OF OTHER CLIENTS AND THE TESTIMONIAL IS NO GUARANTEE OF FUTURE PERFORMANCE OR SUCCESS. THE AUTHOR BASICALLY BEING A TRADER MAY HAVE POSITIONS IN VARIOUS STOCKS RECOMMENDED