Saturday, October 17, 2009

Day Trading Tips : Mahurat Trading

Be prepared for some surprises this Diwali Mahurat Trading. You will need to be careful of sharp volatility. I will be recommending October Futures of few scrips for trading today. But in case you find that your buy position remains open by the end of Mahurat Trading, then you can keep the position for next trading session. What I mean is that you need not panic with your buy positions taken today at my recommended price, in case you cannot exit in profit. Hold them as BTST positions. Here are your trading tips for today:-

Nagarconst. You can buy Nagarconst Oct Fut at 170.5 for taking quick profit of Rs 3/4. The next entry buy point will be 165/166 which you can keep holding for a gain of Rs 10/12.

HDIL. Buy HDIL Oct Fut at 378/382.5 for a target of 390. There is a strong possibility that you may not get the buy price in trade today, but then it is better to be safe than sorry especially while dealing with Futures.

LITL. Buy LITL Oct Fut at 526/530 for an upside profit of Rs 15/20. While going down you can again re-enter at 502/506 and keep it for 2/3 days. Of course you may decide to quit if such a position gives you profit of Rs 30/- plus.

ICSA. You can buy ISCA Oct Fut at 203/207 for a gain of Rs 8/10/-.

Century Textiles. Buy Centurytex Oct Fut at 511/514 for profit of Rs 15/20.

Relcapital. You can buy Relcapital Oct Fut between 907/915 for a profit of Rs 20/25.

Punjlloyd. Buy Punjloyd Oct Fut at 280/282 for profit of Rs 7/10.