34 Pairs to Watch Out for

4 years, 4 months agoComments closed

pairs-trading tips

At techpaisa, you can analyse a pair of stocks to see the pairs trading strategy results here. We continue our effort to provide you valuable information of which pairs to follow. We analysed over 3,000 pairs to find out profitable pairs. Here is a list of 34 pairs which have been chosen among thousandsof pairs. These pairs contian stocks which are traded in futures. As number of stocks traded in futures have gone down considerably, number of cointegrated pairs which have stocks traded in futures has also decreased.

If you want to receive real time daily pairs trading recommendations in your inbox, contact us: feedback@techpaisa.com

View our previous list of chosen pairs here.

Stay tuned for latest updates:

Happy Investing!

Techpaisa Team.

93 Pairs to Follow

4 years, 6 months ago0 Comments

pairs-trading tips

At techpaisa, you can analyse a pair of stocks to see the pairs trading strategy results here. We continue our effort to provide you valuable information of which pairs to follow. We analysed over 3,000 pairs to find out profitable pairs. Here is a list of 93 pairs which have been chosen among thousandsof pairs.

If you want to receive real time daily pairs trading recommendations in your inbox, contact us: feedback@techpaisa.com

View our previous list of chosen pairs here.

Stay tuned for latest updates:

Happy Investing!

Techpaisa Team.

Chosen Pair of Stocks for Pairs Trading Strategy

4 years, 10 months ago1 Comment

pairs-trading tips

At techpaisa, you can analyse a pair of stocks to see the pairs trading strategy results here. We analysed over 3,000 pairs to find out profitable pairs. Here is a list of 45 pairs which have been chosen among thousands of pairs.

Stay tuned for latest updates:

Happy Investing!

Techpaisa Team.

Sell ABAN, INTRADAY Target: 427.

4 years, 12 months agoComments closed

aban stock-recommendations tips stock-of-the-day technical-analysis intraday

Today’s recommendation is ABAN. ABAN March Futures are trading at Rs. 433 and underlying stock is trading at Rs 431 at 12:10PM today (Mar 27, 2012).

ABAN is technically weak. ABAN’s undetrlying has resistance at 433 & 435 and support at 426. Sell March future at Rs. 433 and put your stop loss when underlying goes to 435 and target is when underlying goes to 426. Cut the positions at end-of-day whatever may the profit or loss be.

We always recommend you to follow stop loss to avoid extending unnecessary losses.

Stay tuned for latest updates:

Happy Investing!

Techpaisa Team.

DISCLOSURE: I have no positions in ABAN.

DISCLAIMER: If you trade stocks/derivatives, you do so at your own risk. Trading/Investing in stocks carry high risk. Any trade or action you take in the market is your own responsibility. Techpaisa.com will not be liable for any loss arising out of the use of any information on the website by anybody.

Sell OPTOCIRCUI, INTRADAY Target: 246.

4 years, 12 months ago0 Comments

optocircui stock-recommendations tips stock-of-the-day technical-analysis intraday

Today’s recommendation is OPTOCIRCUI. OPTOCIRCUI March Futures are trading at Rs. 251 and underlying stock is trading at Rs 250 at 12:00 Noon today (Mar 27, 2012).

OPTOCIRCUI has resistance at 254 and support at 245.5. Sell March future at Rs. 251 and put your stop loss when underlying goes to 254 and target is when underlying goes to 245.5. Cut the positions at end-of-day whatever may the profit or loss be.

We always recommend you to follow stop loss to avoid extending unnecessary losses.

Stay tuned for latest updates:

Happy Investing!

Techpaisa Team.

DISCLOSURE: I have no positions in OPTOCIRCUI.

DISCLAIMER: If you trade stocks/derivatives, you do so at your own risk. Trading/Investing in stocks carry high risk. Any trade or action you take in the market is your own responsibility. Techpaisa.com will not be liable for any loss arising out of the use of any information on the website by anybody.

Buy CIPLA: Target Rs.335, Stop Loss Rs.306

5 years, 3 months ago0 Comments

cipla stock-recommendations tips stock-of-the-day technical-analysis

DISCLAIMER: If you trade stocks, you do so at your own risk. Trading/Investing in stocks carry high risk. Any trade or action you take in the market is your own responsibility. Techpaisa.com will not be liable for any loss arising out of the use of any information on the website by anybody.

DISCLOSURE: I have no positions in CIPLA and no plans to initiate any positions in next 72 hours.

Today’s recommendation is CIPLA. CIPLA December Futures are trading at Rs.324 and underlying stock is trading at Rs 323.9 at 01:10 PM today (Nov 28, 2011).

CIPLA is showing technical strength and we suggest buying in short term (1-2 weeks).

CIPLA has support at Rs.306 which is 200-DAY Simple Moving Average which we suggest you also use as a stop loss.

We always recommend you to follow stop loss to avoid extending unnecessary losses.

Buy CIPLA (December Futures) with a target of Rs. 335.

Come back here to see revised target and stop loss daily depending on the current market price.

Update 1 (Dec 16th 2011 End-Of-Day): Cipla reached target price of Rs. 335, exiting positions with a profit of Rs. 11000.

Stay tuned for latest updates:

Techpaisa Team.

Sell PATNI: Target Rs.382, Stop Loss Rs.460

5 years, 3 months ago0 Comments

patni stock-recommendations tips stock-of-the-day technical-analysis

DISCLAIMER: If you trade stocks, you do so at your own risk. Trading/Investing in stocks carry high risk. Any trade or action you take in the market is your own responsibility. Techpaisa.com will not be liable for any loss arising out of the use of any information on the website by anybody.

DISCLOSURE: I have no positions in PATNI and no plans to initiate any positions in next 72 hours.

Today’s recommendation is PATNI. PATNI December Futures are trading at Rs.439.15 and underlying stock is trading at Rs 444.15 at 01:00 PM today (Nov 28, 2011).

Given the current rupee weekness against dollar, software stocks have gone up. PATNI rose to Rs. 445 showing a 28% rise in last month.

Now the volumes are drying and ADX is showing that trend is ending soon. RSI is about to become oversold. We suggest selling PATNI in short term (1 month).

PATNI has support at Rs.382 which is 200-DAY Simple Moving Average which we suggest to use as target price. On the upside, there are no technial resistances but we suggest Rs. 460 as stop loss as we are seeing a lot of build up in open interest in Rs.460 Call option strikes.

We always recommend you to follow stop loss to avoid extending unnecessary losses.

Sell PATNI (December Futures) with a target of Rs. 382 and stop loss of Rs. 460.

Come back here to see revised target and stop loss daily depending on the current market price.

Update (30-Nov-2011 End-of-Day): Underlying moved above Rs.460, so take stop loss and exit futures positions at Rs. 455. (Future is going at a discount).

Stay tuned for latest updates:

Techpaisa Team.

Buy TATACHEM: Target Rs.360, Stop Loss Rs.346

5 years, 3 months ago0 Comments

tatachem stock-recommendations tips stock-of-the-day technical-analysis

DISCLAIMER: If you trade stocks, you do so at your own risk. Trading/Investing in stocks carry high risk. Any trade or action you take in the market is your own responsibility. Techpaisa.com will not be liable for any loss arising out of the use of any information on the website by anybody.

DISCLOSURE: I have no positions in TATACHEM and no plans to initiate any positions in next 72 hours.

Today’s recommendation is TATACHEM. TATACHEM December Futures are trading at Rs.349 and underlying stock is trading at Rs 345.85 at 12:45 PM today (Nov 28, 2011).

TATACHEM is showing technical strength and we suggest buying in short term (1-2 weeks).

Bollinger Bands also show technical strength. A squeeze is happening and a breakout above the upper band has happened which is a positive signal.

TATACHEM faces support at Rs.346 which is 200-DAY Simple Moving Average which we suggest you also use as a stop loss.

We always recommend you to follow stop loss to avoid extending unnecessary losses.

Buy TATACHEM (December Futures) with a target of Rs. 360.

Come back here to see revised target and stop loss daily depending on the current market price.

Stay tuned for latest updates:

Techpaisa Team.

Sell VIDEOIND: Target Rs.164, Stop Loss Rs.171.6

5 years, 3 months ago0 Comments

videoind stock-recommendations tips stock-of-the-day technical-analysis

DISCLAIMER: If you trade stocks, you do so at your own risk. Trading/Investing in stocks carry high risk. Any trade or action you take in the market is your own responsibility. Techpaisa.com will not be liable for any loss arising out of the use of any information on the website by anybody.

DISCLOSURE: I have no positions in VIDEOIND and no plans to initiate any positions in next 72 hours.

Today’s recommendation is VIDEOIND. VIDEOIND December Futures are trading at Rs. 170.1 and underlying stock is trading at Rs168.35 at 12:30 PM today (Nov 28, 2011).

VIDEOIND is showing technical weakness and we suggest selling in short term (1-2 weeks). RSI is 34.2 which is indicating technical weakness.

Bollinger Bands also show technical weakness. A squeeze has just ended and a breakout below the lower band has happened which is indicating a decline in price further.

VIDEOIND faces resistance at Rs.171.6 which is 20-DAY Simple Moving Average which we suggest you also use as a stop loss.

We always recommend you to follow stop loss to avoid extending unnecessary losses.

Sell VIDEOIND (December Futures) with a target of Rs. 164.

Come back here to see revised target and stop loss daily depending on the current market price.

Stay tuned for latest updates:

Techpaisa Team.

Long AXISBANK Short NIFTY

5 years, 4 months ago0 Comments

pairs-trading tips nifty axisbank

DISCLAIMER: If you trade stocks, you do so at your own risk. Trading/Investing in stocks carry high risk. Any trade or action you take in the market is your own responsibility. Techpaisa.com will not be liable for any loss arising out of the use of any information on the website by anybody.

DISCLOSURE: I have no positions in NIFTY & AXISBANK and no plans to initiate any positions in next 72 hours.

Today’s recommendation is Short NIFTY - Long AXISBANK.

According to our analysis, for every 2 futures lot of AXISBANK, trade 3 futures lot of NIFTY. Use DECEMBER Expiry Futures.

NIFTY December Futures is trading at Rs. 4751.4 and AXISBANK December Futures is priced at Rs. 969.5 on Nov 25 2011 at 11:25PM.

Keep you stop loss when divergence becomes -1.5. Divergence right now is -0.6. Book your profits when divergence becomes 0.

Watch this blog for future updates.

Stay tuned for latest updates:

Techpaisa Team.

Long JSWSTEEL Short JINDALSTEL

5 years, 4 months ago0 Comments

pairs-trading tips jindalstel jswsteel

DISCLAIMER: If you trade stocks, you do so at your own risk. Trading/Investing in stocks carry high risk. Any trade or action you take in the market is your own responsibility. Techpaisa.com will not be liable for any loss arising out of the use of any information on the website by anybody.

DISCLOSURE: I am Short JINDALSTEL & Long JSWSTEEL.

Today’s recommendation is Short JINDALSTEL - Long JSWSTEEL.

According to our analysis, for every 1 futures lot of JSWSTEEL, trade 1 futures lot of JINDALSTEL. Use NOVEMBER Expiry Futures.

JINDALSTEL November Futures is trading at Rs. 547.75 and JSWSTEEL October Futures is priced at Rs. 666.25 on Nov 17 2011.

Keep you stop loss when divergence becomes -1.5. Divergence right now is -0.83. Book your profits when divergence becomes 0.

Watch this blog for future updates.

Update 1 (23rd Nov 2011 End-of-Day): Exited today as tomorrow is expiry day and don’t want to remain in the position on expiry day. Exited JSWSTEEL at Rs. 547 and JINDALSTEL at Rs. 490.5 today. Total loss Rs. 1187.5 (Brokerage & Taxes Extra)

Stay tuned for latest updates:

Techpaisa Team.

MUNDRAPORT and GVKPIL

5 years, 4 months ago0 Comments

mundraport gvkpil tips

DISCLAIMER: If you trade stocks, you do so at your own risk. Trading/Investing in stocks carry high risk. Any trade or action you take in the market is your own responsibility. Techpaisa.com will not be liable for any loss arising out of the use of any information on the website by anybody.

DISCLOSURE: I have no positions in MUNDRAPORT & GVKPIL and no plans to initiate any positions in next 72 hours.

A user has a query and asks us following:

I have some shares of MUNDRA PORT AND GVK POWER IS IT WORTH TO RETAIN IN THE PRESENT ECONOMIC CONDITIONS?

MUNDRAPORT

MUNDRAPORT has a TTM EPS of Rs 5.44 and TTM P/E ratio of 26.6 which means that it is a bit expensive at the current price. In the short term, it just got below it’s 200-day moving average of Rs. 147.65 which is a negative signal. Overall, mundraport is technically weak. Long-term Strong Support is at Rs. 135 and resistance is at Rs. 165. If you can hold it for 3-4 months from here, then watch these long-term supports and resistances. In the short-term, trend looks negative, and we suggest you exit at the current price.

GVKPIL

GVKPIL is in a strong downtrend and it has lost 74% in last one year. Exit at current price.

Stay tuned for latest updates:

Techpaisa Team.

Long UNIONBANK Short BANKNIFTY

5 years, 4 months ago1 Comment

pairs-trading tips

DISCLAIMER: If you trade stocks, you do so at your own risk. Trading/Investing in stocks carry high risk. Any trade or action you take in the market is your own responsibility. Techpaisa.com will not be liable for any loss arising out of the use of any information on the website by anybody.

DISCLOSURE: I have no positions in BANKNIFTY & UNIONBANK and no plans to initiate any positions in next 72 hours.

We are excited to start recommendations based on pairs trading strategy. Today’s recommendation is Short BANKNIFTY - Long UNIONBANK.

According to our analysis, for every 2 futures lot of UNIONBANK, trade 3 futures lot of BANKNIFTY. Use NOVEMBER Expiry Futures.

BANKNIFTY November Futures is trading at Rs. 9339.85 and UNIONBANK October Futures is priced at Rs.221.3 on Nov 11 2011 at around 12:37PM.

Keep you stop loss when divergence becomes -1.5. Divergence right now is -1.1. Book your profits when divergence becomes 0.

Watch this blog for future updates.

Update 1 (Nov 18, 2011 1:54 PM): Booking profit now, UNIONBANK Nov futures trading at Rs 210 and BANKNIFTY Nov futures trading at Rs. 8805. Total profit Rs. 17513 (Brokerage & Taxes extra)

Stay tuned for latest updates:

Techpaisa Team.

Long ESCORTS, Short ASHOKLEY

5 years, 5 months ago0 Comments

pairs-trading tips

DISCLAIMER: If you trade stocks, you do so at your own risk. Trading/Investing in stocks carry high risk. Any trade or action you take in the market is your own responsibility. Techpaisa.com will not be liable for any loss arising out of the use of any information on the website by anybody.

DISCLOSURE: I have no positions in ASHOKLEY & ESCORTS and no plans to initiate any positions in next 72 hours.

We are excited to start recommendations based on pairs trading strategy. Today’s recommendation is Short ASHOKLEY - Short ESCORTS.

According to our analysis, for every 1 futures lot of ESCORTS, trade 2 futures lot of ASHOKLEY. Use OCTOBER Expiry Futures.

ASHOKLEY October Futures closed at Rs.24.45 and ESCORTS October Futures closed at Rs.71.35 on Oct 7 2011.

Keep you stop loss when divergence becomes -2.5. Divergence right now is -1.91. Book your profits when divergence becomes -0.5.

Watch this blog for future updates.

Update 1 (13th Oct 2011 End-of-Day): ASHOKLEY October Futures closed at Rs. 24.55. ESCORTS October Futures closed at Rs. 78.15. If you traded 1 lot of escorts and 2 lots of ashokley, total profit till now is Rs. 12000. Hold these positions till divergence becomes -0.5.

Update 2 (17th Oct 2011 End-of-Day): ASHOKLEY October Futures closed at Rs. 24.3. ESCORTS October Futures closed at Rs. 80. If you traded 1 lot of escorts and 2 lots of ashokley, total profit till now is Rs. 18500. Hold these positions till divergence becomes -0.5 or any further update here.

Update 3 (25th Oct 2011 End-of-Day): ASHOKLEY October Futures expred at Rs. 25.4. ESCORTS October Futures expired at Rs. 83.35. If you traded 1 lot of escorts and 2 lots of ashokley, total profit till is Rs. 8800. Positions closed.

Stay tuned for latest updates:

Techpaisa Team.

Sell IDEA: Target Rs.85, Stop Loss Rs.93.8

5 years, 5 months ago0 Comments

idea stock-recommendations tips stock-of-the-day technical-analysis

DISCLAIMER: If you trade stocks, you do so at your own risk. Trading/Investing in stocks carry high risk. Any trade or action you take in the market is your own responsibility. Techpaisa.com will not be liable for any loss arising out of the use of any information on the website by anybody.

DISCLOSURE: I have no positions in IDEA and no plans to initiate any positions in next 72 hours.

Today’s recommendation is IDEA. IDEA closed at Rs. 90.25 on 7th October 2011.

IDEA is showing technical weakness and we suggest selling in medium term (2-3 weeks). RSI is 34.6 which is indicating technical weakness.

Bollinger Bands also show technical weakness. A squeeze has just ended and a breakout below the lower band has happened which is indicating a decline in price further.

IDEA faces resistance at Rs.93.8 which is 20-DAY Exponential Moving Average which we suggest you also use as a stop loss.

We always recommend you to follow stop loss to avoid extending unnecessary losses.

Sell IDEA (October Futures) with a target of Rs. 85 where RSI will become oversold.

Come back here to see revised target and stop loss daily depending on the current market price.

Update 1 (10th Oct 2011 End-of-Day): IDEA closed at Rs.92.1 with a high price of Rs.93.1. Stop loss remains Rs.93.8. Target remains Rs. 85.

Update 2 (11th Oct 2011 End-of-Day): IDEA closed at Rs.95.35. Stop loss hit at Rs.93.8. Trade closed with a loss of 3.93%.

Stay tuned for latest updates:

Techpaisa Team.

Sell TATAGLOBAL: Target Rs.80, Stop Loss Rs.91

5 years, 6 months ago0 Comments

tataglobal stock-recommendations tips stock-of-the-day technical-analysis

DISCLAIMER: If you trade stocks, you do so at your own risk. Trading/Investing in stocks carry high risk. Any trade or action you take in the market is your own responsibility. Techpaisa.com will not be liable for any loss arising out of the use of any information on the website by anybody.

DISCLOSURE: I have no positions in TATAGLOBAL and no plans to initiate any positions in next 72 hours.

We are excited to start our recommendation articles. Today’s recommendation is TATAGLOBAL.

TATAGLOBAL is showing technical weakness and we suggest selling in short term (1 week). RSI is 37.9 which is indicating technical weakness.

Bollinger Bands also show technical weakness. A squeeze has just ended and a breakout below the lower band has happened which is indicating a decline in price further.

TATAGLOBAL faces resistance at Rs.91 which is 20-DAY Exponential Moving Average which we suggest you also use as a stop loss.

We always recommend you to follow stop loss to avoid extending unnecessary losses.

Sell TATAGLOBAL (October Futures) with a target of Rs. 80 where RSI will become oversold.

We also recommend a strategy where you revise target and stop loss daily depending on the current market price.

Update 1 (29th Sep 2011 End-of-Day): TATAGLOBAL closed at Rs.85.7. Revising stop loss to Rs.90.3. Target remains Rs.80.

Update 2 (30th Sep 2011 End-of-Day): TATAGLOBAL closed at Rs.85.8. Revising stop loss to Rs.90. Target remains Rs.80.

Update 3 (3rd Oct 2011 End-of-Day): TATAGLOBAL closed at Rs.84. Revising stop loss to Rs.89.3. Target remains Rs.80.

Update 4 (4th Oct 2011 End-of-Day): TATAGLOBAL closed at Rs.82.9. Revising stop loss to Rs.88.7. Target remains Rs.80.

Update 5 (5th Oct 2011 End-of-Day): TATAGLOBAL closed at Rs.81.1. Revising stop loss to Rs.88. Target remains Rs. 80.

Update 6 (7th Oct 2011 End-of-Day): TATAGLOBAL closed at Rs.82.55. Revising stop loss to Rs.87.5. Target remains Rs. 80.

Update 7 (10th Oct 2011 End-of-Day): TATAGLOBAL closed at Rs.85.65 with a high price of Rs.86.45. Revising stop loss to Rs.87.3. Target remains Rs. 80.

Update 8 (11th Oct 2011 End-of-Day): TATAGLOBAL closed at Rs.86.65 with a high price of Rs.88.8. Stop Loss hit at Rs. 87.3. Trade closed with a loss of 0.98%.

Stay tuned for latest updates:

Techpaisa Team.