Tuesday, September 4, 2018

Trades for 4-Sep-2018

Hi,

Network18 Media & Investments Limited 
 
DateSymbolSeriesOpenHighLowLTPCloseVolumeTurnover
(in Lakhs)
03-Sep-2018NETWORK18EQ47.9554.8047.6053.8053.7093,34,5444,937.67
31-Aug-2018NETWORK18EQ45.4048.2544.8048.0047.5522,00,0771,031.44
30-Aug-2018NETWORK18EQ45.2046.5045.0045.0545.104,92,085224.73
29-Aug-2018NETWORK18EQ43.4046.1043.2045.6045.708,75,083392.96
28-Aug-2018NETWORK18EQ44.3044.3043.2543.4543.401,74,84476.49

Stock seems to have given a good bounce with volumes from 43-47 level and it may try to go higher upto its 52 week high of 64.10 made on 15-Jan-18.

Its VWAP on 3rd Sept was 52.89

Trading levels for NETWORK18 :
If the stock opens anywhere between 53 and 54.80
Immediate first trade would be Buy at 55 and Sell 50% qty at 57.4
Sell the rest at / near 59.80-62.3

If the stock opens higher than 54.80
Wait and watch for Buy at 55.10 and Sell 100% qty at 55.80

Warm Regards,
Lawrence Sequeira

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