Intraday Trades for 06/11/2012

8 Comments
06/11/2012 10:55  Buy PNB near 757-760, Target: 770, SL: 753
06/11/2012 15:15 Exit near cost.


  1. Technically, its not triggered yet. The sudden fall in banks is credited to the results of Canara Bank and Dena Bank. We may likely see an exit near cost.

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  2. Hi Sunil,

    I've a generic question?

    "What are the realistic indicators that can rely on for Intraday assuming we'll trade highly liquid stock/index (with less spread between bid/offer)?"

    Based on your experience please share your views.

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  3. You may use SMA, EMA, MACD, Stochastics, RSI, Bolinger Bands etc. But none of the indicators can give perfect results as there are various time-frames always in consideration. As such, its better to trade with SL.

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  4. Okay Thanks.

    PNB got up to 760 again as you said.

    Good work.

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