Take Our Survey! Nifty Reporter's Live Diary........: July 2011

Friday, 29 July 2011

Nifty Futures

WHERE IS THE SUPPORT?

After bagging more than 200 points we are searching for the support levels and sometimes stoploss triggers. So no problem. There are always stoploss for protecting ourselves.

Now below 5475 where's the support? No Buying till Nifty crosses 5500. Next immediate support is 5450, 5430. Let's see whether we can take U turn from here.Major support is at 5350 only.

Cummins

Bear  Attack:
If trades below 651 sell with stop loss of 657. Below 651 my first target will be 600. Next targets will be revised accordingly.

BANK OF INDIA

Start Accumulating.
Pop-gun formed at lower levels. Now start accumulating this stock. Your closing stop loss will be 389 as long as you hold this stock. Grab August futures if it opens down.

Thursday, 28 July 2011

Nifty Futures

Nifty Intraday Update!
Buy Nifty 5500 Aug Call at 98.

Nifty Futures

Nifty Futures!!!!!!!!
So enjoyed the fall from 5710. Remember I gave the call to sell the Nifty Futures with the stop loss of 5725 on 26th July. That day Nifty futures touched a high 5710. Now what do you call this? Technical analysis or pure speculation? whatever, my motto is you should mint money whether the market is long or short or volatile. 




Now what?
If Nifty comes down don't panic. Buy Nifty around 5505 to 5495 levels. We will take a stop loss of 5485 and carry longs now.

Tuesday, 26 July 2011

Nifty Futures



Nifty Futures!!!!
STOP AT 5725. If opens higher or flat sell with the strict stop loss of 5725.




Monday, 25 July 2011

MTNL

All those who has to go had gone inside! Nothing wrong now.

Start accumulating this stock.  Will carry through out to August.  Hold August futures as long as the stock is trading above 44.25

JP Power

JP POWER VENTURES LTD

Worst is over for this stock. Buy with the closing stop loss of 44.5. Stop loss of 70 paise. Buy and hold August Futures. Will sell in the next month.

Nifty Futures

So what u have done on friday?  U were long in the market or not? I clearly mentioned, the first hour trade will decide the trend for the day! To buy 5800 Aug calls. Bought? Yes it zoomed to 59 from 33. So what else you want? 

Now last hurdle for Nifty is 5655. Above this level gates will open for higher levels. If nifty trades above this level, don't remain short in any counter of the market.



How many of you bought Allahabad bank on friday? I advised to buy. 209 to 218 in single session. Still you want to watch blue channels??????????????????/

Friday, 22 July 2011

Nifty Futures

Now what? There was no charm in the market for the last 6 sessions. I was mentioning only 3 levels 5545, 5490 and 5665. Today I expect a movement of around 70 points in nifty. Which direction? Direction will be determined in first hour of the trade itself. So if trading positive buy Aug 5800 call in small quantity. Yesterday closed at 33. If the Nifty is trading below the open price Sell Nifty Futures taking open price as stoploss. Now the Nifty has become double edged knife for the day!

Allahabad Bank

Last hurdle 212.  Will see explosive move beyond this level. Remember we need a positive close above this level. Catch July Futures for quick gains.

Thursday, 21 July 2011

pharma counters!

Some bad news expected in pharma sector. Stay away from pharma stocks Cipla, Ranbaxy, Lupin, Glenmark pharma. All stocks will collapse in the coming days.......................

Nifty Futures

As mentioned, Nifty was bleeding. Next 2 days is very crucial. Nifty may decide future course of action for the whole year. Now the deciding level is 5665. Yes, if nifty crosses this level then don't be short in any counters.Till then no guessing. Trade with the direction. Only one level I was mentioning from the last 5 days. 5550. Remember? If trades below this level will short this market. Below 5490 will go full fledged short in this market..................

Wednesday, 20 July 2011

Nifty Futures

Today the Nifty futures gave a positive close. But it doesn't means that you should go into the market like a warrior. Now 5665 is a resistance. I will advice not to buy nifty futures heavily in this scenario. Let the market move 100 points more. If the market crosses 5730 and closes above it, then the nifty will go to new highs. But don't become a sacred goat for the sake of 100 points. Be stock specific at this moment and this is what i was advising for the last 5 sessions............If you want excitement, then please don't trade in the market, better watch thriller movies.

Tuesday, 19 July 2011

Biocon

DONT ARGUE!

Advised to go long in this counter at 355 price levels. Now it touched high of 380 and the whole world is running to buy this stock! Have patience with the stocks advised on this blog!

CESC

Honeymoon over! Sell it. Sell July futures in the morning trade. I expect the stock to correct heavily in the coming days.

Nifty Futures

Writing from the last 4 sessions only one line, NOT TO TRADE. You have seen the results why I was giving such advice. Now today and tomorrow tradings are crucial. Nifty may try to find its way. The levels remain same. 5450 is the immediate support and last hope for bulls at 5490. Yes if nifty opens flat you can sell the nifty futures with the stop loss of 5605. Again I am writing short in small position. Add more shorts below 5490 only.

Monday, 18 July 2011

ASHOK LEYLAND

                                                       SOMETHING COOKING!

 Watch the level of 52.1 carefully. Above this level the stock will blast. Grab July futures above this level. But remember it should close above the mentioned level.

Zeel

TARGET ACHIEVED. Kuch yaad aaya? Boldy written on 04 July to sell this stock's July futures with an initial target of 120. Still a long way to go for this futures expiry. If you forgot then click here.Have patience with the stocks mentioned in this blog. PATIENCE REWARDS. Yes today our subscribers will book profits in this counter.

PATEL ENGINEERING

Have an on eye on 153. Any trade above this level grab july futures for quick gains. Technically worst is over for this stock.........

Nifty Futures

Writing from the last 3 sessions not to trade in nifty futures. As mentioned Nifty is directionless. We will wait for the direction breakout. Always remember 5550 is the immediate support for the Nifty futures. There is no uptrend for this market until unless it closes above 5745 level. If trades below 5550 levels go short in small positions, Add more shorts below 5490 only.

Friday, 15 July 2011

Oriental Bank


Will try to kiss 349 today. Any trade above this level carry July futures for quick gains. Remember the stock should close above 349 today for further heavy movements. For time being Worst is over for this stock........................

We love to carry long in Syndicate Bank too

Tata Chemicals

Enjoyed blast in Chambal Fertilizers yesterday? Now get ready for blast in this stock. Grab July futures of this stock above 377. It will show fireworks above this level. First it was Nagarjuna Fert, Yesterday it was Chambal Fert, Today it will be Tata Chemicals!!!! Buy with a closing a stoploss of 377 in july futures.

Nifty Futures

120 points moved but closed at nowhere. Yesterday mentioned to avoid any long positions in Nifty. As mentioned there was heavy volatility in Nifty. In the morning it was 5546, In afternoon it flared up to 5667 and closed without any change. Dont you call this volatility? Today's trading may decide the future trend of nifty.Expecting some heavy movement today. Nifty may try to trade in direction today. Its a directionless market. So again advising to avoid trading in Nifty futures.Yes if trades low buy with a stoploss of 5545. But avoid heavy positions. Dont trade because you are feeling bored. Its a bad habit...........

Thursday, 14 July 2011

Chambal Fertilizers

  

Remember Nagarjuna Fertilizers? Same way this stock will also move up. Worst is over. Grab July futures with closing stop loss of 82.75 in futures. Hold long positions as long this level is held.

Nifty Futures

NOT TO TRADE IS ALSO AN ART OF TRADING. As mentioned Nifty tried to find support in the morning itself. But For today dont add any long positions in Nifty Futures. The nifty will will have a volatile session today........

Wednesday, 13 July 2011

Nifty Futures

"5765"      Do you remember this level? Mentioned on Friday. This would be the trend decider. Never touched it. 250 points clean shave in 3 sessions. Still you want to watch Blue channels for guidance? We boldly wrote that the movement at high levels is just a trap! Kuch yaad aaya? Now Nifty will try to find its feet at 5500-5490 levels. Next leg down will be below this level only!!!!!!!!!!! So avoid going fresh shorts at this level. Wait for your turn...... Fresh shorts will be below 5490 only.

Tuesday, 12 July 2011

Nifty Futures

As mentioned, Nifty is bleeding. No need to cover, will carry shorts and will add more shorts below 5600....

Money all the way!

It was money all the way for our subscribers. Hindalco Just crashed..............From 189 to 179 in a single session. We booked some quick profits too. Nifty, Aurobindo lost their grounds. Yes we are carrying shorts in Dabur too......

Monday, 11 July 2011

Hindalco

Sell any metal stock. All metals stocks will bleed this week. Sell Hindalco with closing stoploss of 190. Hindustan Zinc, Sterlitewill all crash this week.............

Dabur

Last close 111.65. Now Below 111 Sell July futures and celebrate life. Take the closing stop loss of 112.5(in cash). If it trades below 111, possibly Dabur may not be able to regain this level in the next six months.........

Hind Zinc


Yes! The stock is dead now. This stock was my first post on this blog. Wrote to sell this stock below 130.
Last close 131.1. Sell in the morning trade and wait till closing. Will it hold 130 level? I doubt. I expect this stock to crash in this week.

AUROBINDO PHARMA


Aurobindo pharma. Last Hope 169. Any trade below this level go short with stoploss of 170(in cash). 1 Rupee makes all the difference.

Nifty Futures





We already sold Nifty futures at 5750 levels and holding shorts. Will it be able to regain 5765 levels? If you are so confident of climbing that level ignore this post..... We ride the charts, not emotions!

Saturday, 9 July 2011

Chart is the king!!!






CHART IS THE KING. Forget Blue channels, pink papers. They are always on the long side of the crashing market. I wonder does any so called analysts on the blue channels ever advice to sell the market at top? But remember the level 5765 of Nifty futures? Already mentioned on 8th July in my Nifty call. 5765 would be the trend decider. It never crossed that level. It touched 5760 and stooped to the low of 5661 and closed at 5672. Repeatedly I mentioned this is a trap at higher levels. So which side you are? Bullish or Bearish. Our subscribers went short in the morning trade and already bagged more than 80 points in a single session. This is just a trailor.....................

Friday, 8 July 2011

Nifty Futures

One positive close and the blue channels are jubiliant about this market.Does our market worth this move? Do Nifty futures close above 5765? I already mentioned, it may be a trap at higher levels. Watch closely 5765 level. This is the trend decider for nifty. So once again be cautious. Dont trade with out levels.

Thursday, 7 July 2011

Nifty Futures

Nifty Futures! No need to change levels daily. Four days passed, Nifty Futures not able to cross Friday's high. On monday already mentioned, Nifty topped out on Friday. We can expected movement of 70 to 100 points of nifty. Will it happen today or tomorrow? Which side you are, long or short? We are already carrying shorts from 5685 levels.

Wednesday, 6 July 2011

BATA


Honeymoon over! No need to hold this stock. DUMP IT. My immediate target is 550.