Dabur!

Dabur - Bear Attack!


Rally over in this counter?
Anyways its a risk of 2 points in this counter!
Sell and take a closing stop loss of 103.5 in this counter!

HDFC Ltd

HDFC Ltd:


January Futures! 
Sell in the morning bell and take a small stop loss of 668.
I expect huge crack down in the coming days in this counter!
New year - New Sector to get killed? Will it be Housing Sector??????

Our Counters!

Sun TV- Crashed to 266 from 286.
Waiting for this counter to trade below 261 and it will be the last nail in the coffin.


Gitanjali: Down Move started!
Crashed from 320 to 300 and is poised to crash further!


Videocon: Crashed from 178 to 170


Sobha: We may book profits in this counter or may carry short, depending on the trade tomorrow.


Federal Bank: Closed at 329. We may book profits in this counter.

IRB Infra:


Ready to get killed?
135 is the last support for this counter.
Last close is 136.75
Once trades below the support line, Kill it and take a small stop loss of 137

Accuracy!

Accuracy:


In 8 of the last calls, only call triggered stop loss.
Yes, Welcorp stop loss triggered. We accepted the loss with dignity.
It happens, but we made handsome gains in 90% of our counters...............
Still you are watching blue channels for cues?

Sun TV

Sun TV: Story over?


Previous close 285.
Concentrate on the level of 283.
Once breaks, Short January futures accordinly and take a small stop loss of 286(in cash)

Tata Motors DVR

TATA Motors DVR:


Once again, this counter is trading at the magic level of 86-85.
Previous close 85.95.
Once breaks the level of 85,
Just kill the counter and take the stop loss of 85.7

Positions!!!!!!!!!!!

Enjoying the carnage???


Watch out the positions!
Sobha Developers from 229 to 195
Gitanjali holding shorts from 320
Hexaware: Counter never recovered
Federal Bank: Who killed you baby? Cracked today from 352 to 337.


Positions entered:
Divis long from 766
Videocon, Welcorp: positions entered


In so many positions mentioned above, only one position is long and rest all we are carrying shorts.
Hope you guys understood the direction of the market.........
No charm in the market..........
I expect huge selling in the coming days.........
Again I am repeating, I am not interested about the position of Nifty futures. I am interested about the counters I trade.

Federal Bank

Federal Bank : Avoid long in this counter for now!!!!


Last close 352.65.
Last hope is 350.....
Once trades below this level, this counter will become pool of blood.......
Enjoy the carnage.....

Bhushan Steel

Bhushan Steel:


Previous close 314.
Waiting for this counter to trade near to 318-320 levels.
Once trades,  will take a small closing stop loss of 322 and kill this counter....

Patience Pays!!!!!!!!!

You need to be patient!!!!!!!
There are some days when there will be no trades.......
When there is no planning or script not in your levels
and still you want to trade, then it will not be called trading. It is gambling.......


Just wait for your prey!
Once the script comes into your territory, Just kill it. No regrets........


As of today, Divis Lab & Videocon has not entered the trades
Hexaware was killed as expected..........

Welspun Gujarat

Welspun Gujarat!


Was this stock sold at 85 levels with heavy volume by insiders?????????
Previous close 82.7.
Any rise, we will sell this counter with the stop loss of 86..............
Sell January futures in this counter........

Hexaware

Hexaware : Ripe for a short!


After a week of confusion in this counter, the stock gave a solid negative closing........
Just remember only level. 80.......
Carry short in this counter, as long as this level is not breached........
Sell December futures accordingly

Divis Lab

Divis Lab - Ready for a blast????


Wait for this counter to trade above 766.
Hold longs in this counter above this level....... 
Catch Dec futures for quick gains.
Target 820 above this level......

Videocon

Videocon: 
Will it be able to cling to 179-180 levels????
Once trades below 177, take a small stop loss of 179 and kill this counter......
Sell January futures in this counter...........

Short counters!!!!!!

Shorts still open:


Gitanjali Gems & Sobha Developers!
As mentioned we have not initiated any long positions for the day.
In fact we covered some shorts.


Even tomorrow, if counters permit, we will open fresh positions.
Otherwise we will be starting Christmas Celebrations!!!!!!!

Watch our positions!

Concentrate on your counters. Not Nifty!

This line I repeated many times.

Today Nifty was up by 150 points!

But How many of you have observed that the counters we trade we still killed in this rally?

Sobha Developers, Gitanjali Gems, Exide Industries, Apollo Tyres,

All these counters were bleeding in the rising market.

India cements!

India Cements: Ready for a new low?


Previous close at 65.95.
Concentrate on the level of 65.
Once this counter breaks this level, Kill it and take a small stop loss of 65.5

Bajaj Auto

Bajaj Auto: Will it hold this level or get killed????


Dec futures:
Last Close at 1604.
Waiting for this counter to trade below 1590.
Once trades, enter short and take a small stop loss of 1610.

TATA Motos DVR

Tata Motors DVR


Last hope for this counter is 86.
Previous close 87.4
Once trades below this counter, be short.
Respect the trendline guys!

Whats Next?

VIEWS!


VWhile writing this blog, DOW futures are trading 275+ and Nasdaq is trading 70+ points.
It is suggesting some turnaround or positive movement in Nifty.
But still, I am not interested to give long calls.
I will be still giving short counters for tomorrow.
If they dont enter the trade, its not a problem.
Tomorrow for time being, we may cover some shorts................... 


Auto Sector!


All the Auto stocks are trading near to their last support levels,
The key point is "whether these stocks hold their supports or gets killed?"
We have witnessed huge carnage in the banking sector. 
How different is Auto sector from Banking?????????
I am not impressed.
Next Sector to get killed may be the AUTO

bharat Forge

BHARAT FORGE

Book profits
CMP 237

TATA Communications

TATA Communications:


Present CMP 212.
Book profits

jsw steel

jsw steel! Enjoying the crash? From 536 to 480........ Exide crashed as expected, bleeding at 104

Gitanjali Gems

Gitanjali Gems:


Last hope for this counter is 320.
Just concentrate on this level.
Once trades below this level, take a small stop loss of 323 and sell it.

Exide!

Exide Dec Futures!


Last hope for this counter - 109.
Previous close at 111.
Once trades below 109, Sell and take the stop loss of 111.

Counters closed!

Christmas in Advance for our subscribers!

We are not interested about the position of the Nifty.
We are pretty much interested in the counters we trade.
As mentioned, we closed some of the counters from our side 
and once again, we booked huge profits.


Counters closed:
Hind Zinc booked at 115 (Sold at 128)
Petronet booked at 159 ( Sold at 168)
Escorts booked at 65 ( Sold at 76)
Jain Irrigation booked at 83 ( Sold at 112)
Tata Chem booked at 320 ( Sold at 350)


ABAN- Advised to exit the counter.


We are still holding shorts in some other counters........

IndusInd Bank

IndusInd Bank: Dec Futures


Previous closeat 251.45.
Waiting for this counter to trade below 247.
Once trades, take a small stop loss of 249 and kill it...............

GMDC

GMDC:

Previous close 165.45.
Last hope for this counter is 162.
Once trades below this level, take a  small stop loss of 164 and Sell Dec futures accordingly.

Nifty Futures!

Nifty Futures:


Fresh shortings below 4600 level only.
Any longs above 4650 only.
4600-4650 levels are trend deciders for the short term.
If Nifty futures trade below 4600, Your stoploss will be 4650 for the target of 4100.
If not breaks 4600 and trades above 4650, Carry longs till 4650 is respected.

Book Profits

Will book profits in some of our counters tomorrow.


Escorts, Jain Irrigation, TATA Chem, Tata Comm, Bharat Forge, Hind Zinc and Petronet!

Aban Offshore

Aban Offshore: Ready to sink?


Aban December futures
Previous close 313.
Wait for this counter to trade below 308.
Once trades, Sell and take the stop loss of 312.
Repeat trades if required.

Mphasis

Mphasis : Ready  to roar??????


December Futures:
Previous close 343.
Waiting for the counter to cross 346.
Hold longs in this counter as long as this level is respected.

Objection!!!!!!!

Concentrate on your trading guys!


I receive a lot of comments questioning my way of trading.
I am not here to prove any point!
I have my own style of trading and I have my own viewers.
I am happy with that.
I don't need your suggestions 
nor I am interested to take your critics.
I would neither publish your comments.
If you are so confident of your way of trading, 
please concentrate on that and make your living!
Don't waste time sitting outside the trade and issuing free advice!


Once again " NO PREACHING PLEASE"

JSW Steel!

JSW Steel:


Previous close 543.
Waiting for this counter to trade below 535.
Once trades below this level, take a small stop loss of 538 and kill it.
Show no mercy!

Bank of India

Bank of India: Bye Bye baby!


BOI December futures:
Previous close 319.
Last hope 316.
Once trades below this level, take a small stop loss of 319 and sell.

Short counters!!!!!!

How many of you holding the shorts?????
You need nerves of steel to trade the shorts!
Jain Irrigation from 112 to 97
Escorts from 76 to 70
Apollo tyres from 66 to 59
Tatachemicals from 351 to 337
Sobha from 230 to 218
Bharat Forge from 268 to 255
Petronet from 168 to 155
Hind Zinc from 128 to 118
and the list goes on...............


In this falling market
TATA Communications blasted ...............


Need anything more????????????????????

jain irrigation

JAIN IRRIGATION: who killed you baby? from 112 to 97 in 3 trading sessions! Hope you guys are enjoying the crash!

Canara Bank

Canara Bank:


Previous close 413.
Concentrate on the level of 409.
Once trades below this level, take a small stop loss of 412 and kill it.
Repeat trades if required.

LIC Hsg Finance

LIC Hsg Fin:


Once again touched the magic level of 215 and closed at 218.
Will it hold this level this time?
Once trades below 214, take the small stop loss of 217 and sell it.
Please stick to the levels and repeat trades if required.

Tata Communications

TATA Communications:


Previous close 190.9
Wait for this counter to trade above 193.
Once traded, go long with the stop loss of 191.
Accordingly catch Decfutures. Please stick to levels

Hexaware

Hexaware: Dec futures!


Last close 82.7.
Wait for this counter to trade below 81.
Once traded kill it and take the stop loss of 81.75

Kotak Bank

Kotak Mahindra Bank: Ready for a big fall?


Concentrate on the level of 480. Any trade below this level, 
Sell Dec futures and take the stop loss of 485

Stick your plan!

Patience plays a vital role in trading!
When you are predetermined to take a position at certain levels,
just take them. Don't clear your positions until you are proved wrong by the market,
not by some jokers.......


Hope you guys have enjoyed positions in
ACC, Bata, Bharat forge, petronet LNG, Hindustan zinc, HDIL, Escorts, TATA chem, Jain Irrigation, Apollo Tyres etc,,

book profits

ACC: 1132 book profits. Sell given at 1200 BATA :587 book profits. Sell given at 638

TTK Prestige

TTK Prestige: 


Will it be able to cross 2790 this time?
Previous close 2723.
If opens around 2750 levels sell this stock around 2775 with the small stop loss of 2790.
Repeat trades if required.

TATA Chemicals

TATA Chemicals: Something wrong baby?


Just concentrate the level of  350.
Once trades below this level, will take a small stop loss of 353 and kill it.
Show no mercy!

Godrej Industries

Godrej Industries: Rally over?
Will sell around 199 to 200 with the small stop loss of 202

Escorts Ltd!!

Escorts Ltd:
Once again it is trading near to the magic level of 76.
Watch the level of 76.25 carefully,
Once traded below this level, just kill it and the take the stop loss of 76.75.