Bajaj Auto still active

Yesterday's call for Bajaj-Auto is still active. If you haven't entered it, you can still do so maintaining the same stop loss.

Trading Calls for March 23

BTST calls for today.

Buy BAJAJ-AUTO above 1860
Stop loss 1839

If bajaj-auto goes below the stop loss level you can go short on this stock. This was true for yesterdays' calls but I forgot to mention.

Also, going forward, on all calls if the call goes below the stop loss you can trade it on the short side.

Trading Calls for March 22

Please note, all of the below are BTST calls.

Buy HCL Tech above 380
Stop loss 371

Buy HCC above 139
Stop loss 136

Buy NIIT above 63
Stop loss 61

Use Trailing Stop losses for these calls to book the most profits.

Trading Calls for March 19

Yesterday's trading call for Jindalstel is still range bound. New Entry points for the stock below.

If Bullish,

Buy at 704
Target 710
Stop loss 699

If Bearish,

Sell at 692
Target 686
Stop loss 697

Titan

If Bullish,

Buy at 1836
Target 1846
Stop Loss 1827

If Bearish,

Sell at 1806
Target 1795
Stop loss 1814

Trading Calls for March 18

If JINDALSTEL is Bullish

Buy above 707
Target 713
Stop Loss 702

If Bearish

Sell below 691
Target 685
Stop Loss 690

Trading Calls for March 16

If TITAN is bullish

Buy @ 1816
Target 1830
SL 1805

If TITAN is bearish

Sell @ 1783
Target 1768
SL 1794

Trailing stop losses are better than Targets

How to trade these calls

You're probably used to trading calls in a particular way. However, it's a bit different on this blog.

Since no one can predict the market with accuracy we need to follow a bunch of ground rules. If you follow these, you have a better chance of making money in the long run. Here they are.

- Trade according to the trend. In other words, don't trade against the market just because your trading signal can never go wrong. The market will always prove you otherwise. If a stock seems bullish, go long, even if your 'indicators' say short and vice versa. That's why the calls I give factor in both sides of the move.

- Stick to the stop losses. The stop losses I provide are not a formality. You should stick to them at all costs. If you try to pull them, then you're bound to have a big loss down the line, if not today.

- Use trailing stop losses. Although I do provide a target price in each call. I would encourage everyone to use trailing stop losses if possible. That will help you maximize your gains. But if you can't or don't know how to trail stop losses, then go ahead and use the targets.

- Trade reversals. If a stop loss is triggered, no problem. Take your loss and get out. If you see the market reversing, don't hesitate to trade with it. Just be sure you aren't over trading

- Over trading. What does it mean? It means trading larger quantities, which in turn means risking more money. It's true, the more you risk, the more you could gain. But as a long term strategy this is not sustainable. Not over trading means, adhering to a proper reward-to-risk ratio with discipline.

- Be emotionally stable. Don't let hope, fear, anxiety, ego, anger, and the likes get the better of you. This is easier said than done, but with practice it is certainly attainable.

I hope these tips help you in your trading journey. I'll add more to this page when needed.

Godspeed!

Trading Calls for March 15

If HCL Tech is bullish,

Buy at 364
Target 368
SL 361

If HCL tech is bearish,

Sell 358
Target 354
SL 361

Points to note

- Don't over trade
- Stick to the stop losses
- Don't be afraid to trade reversals

If possible, take maximum profit by using trailing stop losses. But if you can't, then stick to the targets.

Trading Calls for March 12

Buy LT above 1586

Target 1599

SL - 1577

Buy Ultracemco above 1121

Target 1131

SL- 1113

Sell DLF below 308

Target 305

SL - 310

Trading Calls for March 11

Sell TATA Motors below 775

Target 769

SL 780

Buy Ultracemco above 1115

Target 1124

SL 1107