Anmol Calls
B/13, Vishal Commercial Center,
B/s Dinesh Hall, IncomeTax,
Ahmedabad-380009, Gujarat, India
Email: vaibhav.gandhi@gmail.com
Web: http://www.anmolcalls.com
Phone: +91-79-40070019

MARKET COMMENTARY

Nifty is in UpTrend. The Trend will change if it closes below 5230.

INTRADAY TRADES FOR

SCRIP

BUY ABOVE

SELL BELOW

BOOK 50%

REST 50%

SUZLON

73.50

72.60

75

HOLD TILL 3.25

JINDALSTEL

714

703

729

HOLD TILL 3.25

SESAGOA

456.30

449.20

465

HOLD TILL 3.25

TRADING STRATEGY FOR ABOVE TRADES

KINDLY READ DISCLAIMERS ON WWW.ANMOLCALLS.COM BEFORE TRADING.

Terminology:

This is a strategy for intraday trading. Here we get the trade details before market opens.

We take it columnwise to understand. First is Scrip, it is the name of the stock on NSE.

Second is Buy Above, It means if the stock trades above that Buy Above Price then it should be bought. Practically a buy stop can be placed above that price.

Third, Sell Below means if the stock trades below that Sell Below Price then it should be sold. Practically a sell stop can be placed below that price.

Book 50%, here at this price one should book 50 % of shares profit.

Rest 50%, here it is time bound. The positions are intraday so needs to be squared off before 3.25 PM. So in rest of 50% we take a chance to book more profits without any target.

How to trade:

Place this orders after 15 mins of market opening. If the prices is above or below the Price Range (Range of Buy Above and Sell Below), then the trade should be avoided. At 9.15, after checking the price, the Buy and Sell Stops are to be placed.

Stop Loss Rules:

Once any of the Stop Trade Triggers, The other Stop Limit behaves as a Stop loss for the positions. So no need to place a different stop loss.

The limit to book 50% is to be placed as soon as the trade triggers.

Money Management Rules:

Here it is preferred that one should first finalize the risk per trade in rupees term. For example, if one decides to take a risk of Rs 2000.00 (Rupees two thousand only) then the quantity of shares should be calculated according to the risk amount.

Example:

SCRIP NAME: XYZ

BUY ABOVE: 102.00

SELL BELOW: 98

BOOK 50%: 104 , 96

REST 50%: HOLD TILL 3.25PM

Trade is to be placed after 9.15 AM only.

Here the risk amount is 102 – 98 = 4.00 per share.

So no of shares is 2000/4 = 500 shares. (No of shares = Rs Risk decided / Risk per share)

In above case, a buy stop above 102 and a sell stop below 98 is to be placed for 500 shares.

Now if Buy Stop triggers, then you will be in buy of 500 shares of XYZ. The Sell Stop will be there to protect your position.

Place a limit to book 50% profit @ 104 for 250 shares. And for rest 50% wait till 3.25.

Square up all the positions buy 3.25. As all of above recommendations are for intraday trading only.

KINDLY READ DISCLAIMERS ON WWW.ANMOLCALLS.COM BEFORE TRADING.