Intraday Trades (offline) -- 18th May

Arvind Mills Buy above 48.50 Stop of 47.75 tgt of 51

India cement Buy 190.10 Stop of 187 tgt of 196

IVRCL Buy above 327 SL of 323 tgt of 339

Larsen & Toubro Buy at 1722 SL of 1705 tgt of 1758

NDTV Sell at 410 SL of 415 tgt of 395

Tata Motors Buy above 756 SL of 750 tgt of 770

Offline Intraday trades -- 17th may

Amtek auto 399.75 Buy above 403 SL of 398 tgt of 415

Bharti airtel 847.15 Buy above 850 SL of 844 tgt of 874

HCL Tech 337.35 Buy 337.35 SL of 334 tgt of 349

Moser bear 408.30 Sell below 406 SL of 412 tgt of 390

Sesa Goa 1717.90 Sell on rise upto 1731 SL of 1745 tgt of 1690.

Offline trades -- 15th May

ACC Buy above 871 SL of 864 tgt of 885

Bank of India Buy above 203 SL of 200 tgt of 211

Guj Alkali Buy at 142 SL of 137 tgt of 149

India Infoline Buy 436 SL of 431 tgt of 448

ONGC Sell at 907 SL of 912 tgt of 890

Offline trades -- 14th May

Aban Lloyd Buy above 2330 SL of 2310 tgt of 2385

Adlabs Buy above 465 SL of 458 tgt of 481

Bank of Baroda Buy above 259 SL of 254 tgt of 269

Mah&Mah Buy above 728 SL of 722 tgt of 742

Rel Comm Buy above 481 SL of 476 tgt of 497

Sesa goa Sell on rise upto 1715 SL of 1735 tgt of 1650

Today's Offline trades -:

Zee Sell below 276 SL of 282 tgt of 267

GMR Infra Buy near 423 SL of 416 tgt of 439

India cem Buy above 187 SL of 183 tgt of 196

Offline trades -- 9th May

Suzlon buy above 1220 SL of 1205 -- t1 1240 t2 1259

ABB Sell below 4190 SL of 4220 -- t1 4160 t2 4120

Larsen Buy above 1701 SL of 1690 -- t1 1720 t2 1735

UTI Bank Buy above 512 SL of 507 -- t1 521 t2 534

Satyam Sell below 456 SL of 461 -- t1 451 t2 446

Parsvanath Buy above 312 SL of 307 -- t1 318 t2 324

Renuka sugar sell below 465 SL of 471 -- t1 459 t2 453

Sensex moved yesterday as per our expectations and landed near the channel support of 13860(see the chart posted yesterday). I expect the sensex to hit a low of 13810--13820 in the opening trades of Tuesday and then recover back. Below 13810, the major support is at 13685. Immediate resistance are at 14040 and 14120-14130.

Traders are advised to focus on midcap stocks where the big moves are coming in these days. Do keep checking www.tradingcall.blogspot.com for the live trades given during the day to the clients.
Given below are the offline trades for Tuesday 8th May. Trade starts when the stock moves above/below the "Trigger Price".

Buy Ranbaxy (closing of 389.70) above 389.70 for target 401 stoploss of 384.

Buy Bajaj Auto (closing of 2567 ) above 2567 for target 2625 stoploss of 2535.

Sell Satyam Comp (closing of 460.35 ) below 457 for target 446 stoploss of 461.

Sensex has taken support on friday, near the expected gap support of 13900. Bulls are going to face tough time till the level of 14230 is not taken off. On the intraday charts (posted above), one can see the rising trendline (starting 2nd april) was broken on last friday and since the trend has turned sideways. The immediate support lies at 13810--13820 and at 13685. The current rally is intact as long as sensex keeps itself above 13600.