Tuesday, April 6, 2010

Zignals Trading Strategies That Work; UK Election Next Month

The FTSE took a positive spin on the announced election for next month where polls point to a hung parliament. Has the market intrepreted the likely election result as a positive i.e. a reduced risk for extreme policy making? Irrespective of the market reaction once the election results are announced, today's gain pushed prices to resistance of the channel dating back to late February. Whether the market can push on (or hold the gain by the close of business) is a going to be a challenge.   

Zignals Chart Image

You can use anyone of our 110 trading strategies created by our members to keep you informed of the latest and best trades to take for rising and falling markets.

BSE Zignals

New Long Target and Stop for UNBK (Mumbai) at INR306.3 (EoD): Target INR337.5, Stop INR276.1
Long Confirmation Entry for ZEE (Mumbai) at INR270.5
Long Entry for HROH (Mumbai) at INR1963.9
Long Entry for KOTAK (Mumbai) at INR751.5

BSE Zignals 1 mil Rupee

Long Entry for HROH (Mumbai) at INR1963.9

Developing a Strategy

Long Confirmation Entry for SBUX (Nasdaq) at $24.16
Long Unacted Entry for IP (NYSE) at $25.42 (EoD): Entry signal given, but exited position on same stock too recently (4) days ago.

India Oak

Short Entry for GRSM (Mumbai) at INR2837.2
Short Exit at Trailing Stop for BSES (Mumbai) at INR1059.5
Short Exit at Stop for GLXO (Mumbai) at INR1794.0

Indian Golden Brown

Long Entry for KOTAK (Mumbai) at INR751.5
Long Confirmation Entry for ZEE (Mumbai) at INR270.5
Long Entry for ESRO (Mumbai) at INR141.7
Long Exit at Profit Target for BAJAU (Mumbai) at INR2005.0

Indian High Winners

New Long Target and Stop for SBI (Mumbai) at INR2121.7 (EoD): Target INR2355.1, Stop INR2034.0
Long Confirmation Entry for PGRID (Mumbai) at INR107.3
Long Confirmation Entry for ESRO (Mumbai) at INR141.7
Long Entry for ZEE (Mumbai) at INR270.5
Long Unacted Entry for KOTAK (Mumbai) at INR751.5 (EoD): Entry signal given, but exited position on same stock too recently (2) days ago.
Long Unacted Entry for HDIL (Mumbai) at INR292.2 (EoD): Entry signal given, but exited position on same stock too recently (8) days ago.

Indian Strength

New Long Target and Stop for BSES (Mumbai) at INR1058.1 (EoD): Target INR1179.2, Stop INR986.2

My First Subscribed Strategy

Long Confirmation Entry for CSCO (Nasdaq) at $25.93

US High Winners

Long Entry for SBUX (Nasdaq) at $24.16
Long Unacted Entry for IP (NYSE) at $25.42 (EoD): Entry signal given, but exited position on same stock too recently (6) days ago.

US Strength

Long Confirmation Entry for CSCO (Nasdaq) at $25.93 (EoD) on 05 Apr 10

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Dr. Declan Fallon, Senior Market Technician for Zignals.com, offers a range of stock trading strategies for global markets under the user id: ‘Fallond’, ‘ETFTrader’ and ‘Z_Strategy’ available through the latest rich internet application for finance, the Zignals MarketPortal or the Zignals Trading Strategy MarketPlace.

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