Monday, 21 July 2014

BLOCKBUSTER CALL OF THE MONTH: MCX




MCX HAS BEEN A MONEY PROTING MACHINE FOR THE SUBSCRIBERS AND FOLLOWERS OF OUR BLOG......

 BLOCKBUSTER CALL OF THE MONTH :MCX
MEGA MONEY 55,750 RS WOOOWW--- MOVED UP ALMOST 225 RS .. AFTER OUR BUY CALL
ON JUNE 18 TH --- TOLD TO BUY 250 SHARES @ 620-635  WOOOWW WAT A MOVE

THIS WAS OUR MAIL
From: MARKET TRENDZ <trendzofmarket@gmail.com>
Date: Wed, Jun 18, 2014 at 12:22 PM
Subject: MCX HEADING TOWARD 800- 850



MCX IS   SHOWING  A CUP AND HANDLE BREAKOUT FORMATION ON CHARTS
BUY 250 MCX 620-635 SL 575 TGT 800-850+



POSITIONAL BUY : WILL BHARAT ELECTRONICS HEAD BACK TO 2000?

Bharat Electronics stock managed a stunning move from 923 to 2252 – Previous all time high – all in span of 5 months between Feb 2014 and June 2014.  After such a strong move and resistance at all time high – the stock witnessed some selling and pulled back to 50 dma. Does this present an attractive trading opportunity? The answer seems to be yes

TRADING STRATEGY : BUY BHARAT ELECTRONICS BETWEEN 1750-1850   WITH A CLOSING STP LOSS AT 1700 FOR TGT 2000-2200-2500.. IN FEW MONTHS TIME ( ONLY FOR PATIENT TRADERS)

Here’s the BEL daily chart

 As you can see in the chart above: Bharat Electronics has taken a double dip support at 50 dma. One can make an assumption that stock will rally back to PD High of 2252 if it does not break down below 1700. The closing stop loss should be placed below 1700