Friday, November 13, 2009

Some technical buy rates

Given below are some of the technical buy rates for some scrips traded in the Indian markets. Not more than one fifth of capital should be committed in to technical buys. Split the amount intended for a single scrip in to five and make the first buy at the price given below.

LICHSGFIN - 690-700
SESAGOA - 270-275
IVRCLINFRA - 290-300
IOB - 90-100

For example say your total capital for equities in 5 lakhs. Then commit not more than one lakh for technical trading. If you are intending to buy LIC for 25000.00 in then buy 7 shares for 700 ie approximately Rs4200.00

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1 comment:

  1. y2January 30, 2010 at 11:44 PM

    Many of the stocks in the above list were available at or near the recommended range on 29-01-10. A buy could be initiated by utilizing 2/5th of the capital intended for trading. Buy the stocks for the first 2/5th amount at the above rates.

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