Sunday, December 30, 2007

Investment pick: auropharma 512-530 sl 490 target 680/740/840/904

AUROPHARMA, :12/28/2007
Close: 536
T1: 543.277 T2: 557.512
T3:580.739 1xR:576.75
Narrowsl: 520.05
WideSl: 502.47
SwingHigh: 548.4 CMP: 536.0
SwingLow: 511.5 SLPivot: 520.0
ImpulseTargetZone :594.975-618.201
2xAtr14Stop: 36.1464
TrailingSL: 530.82
Lower Chan: 521.767 Upper Chan: 557.615
SupportLine: 521.767 ResLine: 532.925

P.S: I might miss yahoo messages since i tend to not be on my pc that much now that I am in Delhi. So the best way to catch me is via email.

Got a 220 fi which needs to be burned in.
Also got my quad core pc with 4gb of ram operational.
Now just need to find something that can stress this pc :)

Trading is going all right.
Last year at one point of time I was up 100% and then I had a nasty 30% drawdown.
Thats when I stopped trading for a few months and came up with my new+improved trading systems with hedging.
The new systems are 100-300% with 10-30% risk. They seem to be working out allright so far. Only been trading them for 2 months (22% earnings with 10% drawdown so far)

So right now trading some new stuff.
Hard to post much on the new systems since they are all live/intraday quick in/out
I think I posted the stats earlier.... thats one of the reasons this blog is so inactive. There is just no way to post the picks live during mkt hours.
So if you want trade setups during mkt hours add my yahoo id: rajak1981@yahoo.com
and i'll pass on any intraday setups i get.
Will post eod/investment type setups on this blog as usual

Auro chart+report later tomorrow.