s.aradhye

s.aradhye

Book Profit 590-595 in AXISBANK ( SHORTED AT 636)

s.aradhye Updated 

Short Axisbank 636 . Its highly overbought I would ideally short in Options rather than future . Over next 1 week or so it should stabalise around 620 Levels where one can do profit booking in options . also time decay will also fetch good money. Its a risky trade. Against the trend. Sell Axis bank 620 CA at 28 Rs Trade with caution.

s.aradhye

JET AIRWAYS IS MAKING MULTIPLE BOTTOMS IN RANGE OF 520-530 AND BOUNCING BACK. I EXPECT IT TO BREAK OUT OUT OF DESCENDING TRIANGLE. WORD OF CAUTION : NIFTY IS TRADING AROUND 8970 IN FUTURES SO WE CAN HAVE CORRECTION . SO I WOULD GO LONG IN JET AIRWAYS AND HEDGE IT BY SELLING NIFTY CALLS OR FUTURES

s.aradhye Updated 

JUST DIAL might give a positive breakout. Its a low risk trade with better profit opportunity......

s.aradhye

Just dial recommended yesterday at 480 has given fantastic returns . Todays top made is 511 so far. and there is still steam left for upside. However intraday traders can book profits.