Target achieved!!!!!!!!!!!!!!!!!!!

Nifty Futures: Target achieved!

Today morning before opening of the markets, I gave the targets of 5030 - 5050. Today touched the high of 5021, short of 9 points! Many of the subscribers booked profits, some are still carrying and will book profits on friday.

Advice to my subscribers: 

                 Please dont mail me the views of the other web sites or brokerage houses. I am not here to listen to their views nor I need their certification. I have my own trading plans and targets set. Please follow only one view, which you feel better. Following 2 or more views will confuse you and you will not able to trade with clear mind.

M&M- Baby will you cross 743 this time?

M&M: Will it cross 743 this time??????? If yes, then the stock will zoom to new highs Target will be 860. At the same time, it is not able to cross 743????? Then we will kill this stock. We kept our options open.... Will advise accordingly.

Nifty Futures

 Nifty Futures: Rally to continue.....




We have not gone long in any counter except Nifty futures. No Problem!!!  Will exit longs in Nifty around 5030 - 5050 levels.

Dabur: Time to exit?????

Dabur: Sell and celebrate life!

Previous close: 109.65. Sell around 110 to 111. Strict Stop loss of 112. Targets will be updated...

Always first!!!!!!!

 

 

Has any website or brokerage house advised you about "Nifty reversal" or to buy Nifty futures about 4785???????? If so! I would be happy to know about them.  Its a million dollar question. I would be happy to receive your comments regarding this post. Yesterday i.e., on 28 Aug 11, posted in my blog " Nifty any trade above 4785 will result in huge short covering". You have seen the result.

Dont believe? .......................click here

Nifty Futures!! Enjoyed??

 Nifty Futures!! - Time for Reversal

Today my first sms message:

Above 4785, no short in any of the counter!! Will square of all shorts including Nifty and go long in Nifty!

Kotak Mahindra Bank: Ready for free fall!!!!!!!!!

 

Kotak Mahindra Bank: Below 411 Sell with the Stop loss of 418. Kill it! Will run to touch 400. If conquered and closes below that next target 360.

Biocon - To resume fall.

Biocon- If market trades negative. Will re-enter shorts today!! Any rise, a good opportunity to sell! Carry shorts below 317.

Tata Chem - Desh ka namak!

Tata Chem!!!!!

Last close 335.5. Wait for the trade below 333. Magic figure. Below this level sell with the closing stop loss of 337. My first target for this stock will be 300. And targets will be revised further.

Cement Sector- Manipulation over!!

Cement Sector: Back to godown!!

What ever the manipulation has to be done is done now. Sector will start moving down.

Ambuja Cements, Ultratech and ACC will start moving down.

Follow up!!

HDFC Brothers!!!!

HDFC and HDFC Bank: Our darling stocks!! They have started their downward journeys. In no time our targets will be achieved.
HDFC : 622. Ist Target: 580
HDFC Bank: 438: Ist Target 400.

Nifty Futures ------Time for reversal???????????

Nifty Futures !
Time for reversal?????????????

Not breaking Fridays low and trading above 4785 will create huge short covering. Avoid fresh shortings in Nifty. Be stock specific. If these conditions are fulfilled, short term rally in Nifty will be possible. Breaking 4720 will take Nifty to 4650. That will be the last hope for bulls. Will update accordingly more by sms tomorrow morning.

No Problem!

Today some of our shorts behaved entirely different with the markets. GAIL not moved down and stood firm. Was not breaking 410. All fertilizer counters were bleeding. Some of them were trading more than 5% down. But Uniphos traded entirely opposite to the market. It doesn't mean that they are good or worst is over for them. NO! NOT AT ALL! Have patience with them. The day these stocks starts moving, the moves will be fast and furious. HPCL practically never traded below 374. So there's no point of trade in it. Advised not to take position in that counter, as the September futures were trading already at Rs.10 discount. You can understand what will be the position of HPCL next month. Next week is deciding for the stocks shorted. Will review our positions if needed and divert cash to some other counters. We are still holding shorts in GAIL & Uniphos. Today shorted Chambal Fertilizers at 103.5. Already running on huge profits on that counter. 

Kill them please!!!!!!!!!!!!!!!

HPCL & IOC

Forget about crude prices. Nothing will help these stocks. Will start bleeding from today onwards. Will carry shorts for september. 

HPCL:

 Below 374, Kill and forget. Take closing stop loss of 380.

IOC

Take closing stop loss of 313. Kill it.

Chambal Fertilizers- Time to pack up!

Chambal Fertilizers! Exit all longs in this counter. 107 is lakshman rekha for this counter. Sell around 104 with the stop loss of 107.

Follow up!

Today We have entered shorts in Uniphos. Sold september futures at 138. Today re-entered in favourite HDFC Bank at 450, HAD NOT entered LIC Housing and Sun Pharma yet!!!!!!!!! Still holding shorts in GAIL.

Sun Pharma

Sun Pharma: Last close 465.Its a matter of Rs. 9. Will wait for the stock to trade below 456. Any close below below this level, Sun pharma will try to reach 400 in no time.

Uniphos - Will enter shorts!!!!!

Will wait to trade below 135. Any trade below this level, Sell September futures with stop loss of Rs.3/- ie 138. First target 125... and will be updated accordingly

LIC HSG FINANCE------READY FOR 150?

 

LIC HSG FINANCE: Housing Sector Ready for a free fall?????????

US Hsg sector is experiencing huge contrast. Indian Hsg sector is nothing different. Home loan rates are increasing, many jobs will be lost in the coming days!!!! Just wait and watch. It will be fortune for september month. Mark my words. Any trade below 197 levels, Sell september futures with the closing stop loss of 202!!!!! If sustains below 195 levels, will square off at 150 levels only.

Today is expiry!

We will be closing many of the positions opened this month. Will take decisions today whether to rollover the shorts or square off!!!!! This month my subscribers got fortunes in their accounts. Will update performance sheets for this month. Just check it and decide, why you would like to trade with us!!!!!!!

No Fresh positions today!

We have not opened any fresh positions today! Carrying short in GAIL. Waiting for it to break 410 and trade below it.

MEMORIES

How did one survive growing up in the 70's, 80's and 90's?
We had no seatbelts, no airbags..

Cycling was like a breath of fresh air…

No safety helmets, knee pads or elbow pads, with plenty of cardboards
between spokes to make it sound like a motorbike…

When thirsty we only drank tap water, bottled water was still a mystery…

We kept busy collecting bits & pieces so we could build all sort of things
and we were fearless on our bicycles even when the brakes failed going
downhill…

We were showing off how tough we are, by how high we could climb trees
& then jumping down….It was great fun….

We could stay out to play for hours, as long as we got back before dark, in
time for dinner…

We walked to school, or sometimes we even rode our bicycle.

We had no mobile phones, but we always managed to find each other….
How?

We lost teeth, broke arms & legs, we got cuts and bruises and bloody
noses…. nobody complained as we had so much fun, it wasn't anybody's
fault, only ours

We ate everything in sight, cakes, bread, chocolate, ice-cream, sweet
sugary drinks, fruits..yet, we stayed skinny by fooling around.

And if one of us was lucky to find a 1 litre coca cola bottle we all had a
swig from it & guess what? Nobody picked up any germs...

We did not have Play Stations, MP3, Nintendo's, I-Pods, Video games,
99 Cable TV channels, DVD's, Home Cinema, Home Computers,Laptops,
Chat-rooms, Internet, etc ...

BUT, we had REAL FRIENDS!!!!

We called on friends to come out to play, never rang the doorbell, just
went around the backdoor…

We played with sticks and stones, played cowboys and Indians, doctors
and  nurses, hide and seek, soccer games, over and over again…

When we failed our exams we were given a second chance by simply
repeating the same grade…without visiting psychiatrists, psychologists or counselors…

Such were the days…

We had freedom, success, disappointments and responsibilities. ..

Most of all, we learned to respect others…

The chart!!!!

The reason why we exited shorts in Banking stocks!

See the volume at low level! 9280. That was the level where we got  volume! The strong movement from here made us to exit shorts! You can save this chart and use the technique! Now the million dollar question is " will the bank nifty cross 9520? If so, Heavy movement will be there in banking stocks!

Follow up!!!

Booked Profits:

Bank of Baroda at 725

Follow up!!!

M&M:

We booked profits at 701.

HDFC Bank:

We booked profits at 450.

Belief!!!!!!!!

Believe in you!

This is what I always mention! Yesterday lot of my subscribers were feeling tensed that their profits may run away, as there was a dead cat bounce in nifty! They were enquiring about Bank of Baroda, HDFC Bank, HDFC, M&M, etc....... whether to book profits! I said strict NO!!!!!!!! Today they are thanking me! I always advise one thing. Have belief! whether in you or the system you trade!

GAIL- Gas leak

GAIL: Is evertyhing ok?

Last close 415! Some thing wrong. Sell september futures. Stop loss of Rs. 10/-. Keep a stop loss of 425 (in cash)..........

Never Traded below our level- BHIL

BHIL-

Not traded below 710. So where is the trade? Please read the posts carefully!

Why do want to jump and book profits?

HDFC Bank!!

Have patience! why do want to book profits? Don't over trade the counter. Wait and see.......

BHIL- Come out baby!!!

BHIL: Waiting for a trade below 710. Will shoot you.

If any trade below 710, Shoot it. Take closing stop loss of 725. It will be a one time opportunity guys! wait for your turn.

M&M - A big trap!!!!!!!!

M&M: A big trap ahead. Beware!!

Any rise in this stock is a good opportunity for sell!! Take the closing stop loss of 740.Previous close at 718. If gets an opportunity sell around 730. Thats a good level to sell.

Are you wrong????????????

Is your trade a wrong one?

Who will decide that your trade is a wrong one? Many viewers say many ideas about the scrips you take position. Whom you should follow? When I take a position in  a script, either long or short, I never listen to any analyst on blue channels or someone else. I dont need anyone's certificate. Let the market prove that I was wrong. I never try to trade against charts.....In fact I follow charts!!!

IDBI Bank

Booked Profits at 104

HDFC Update

HDFC Ltd futures sold at 642. Will carry shorts!

HDFC Bank and others, will not cover shorts!

HDFC LTD

HDFC LTD:

Will be lucky enough if you get a chance to sell. If possible sell with a stoploss of 646. Its the end of the story for this script

GUTS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

How many of your carrying shorts in our mentioned stocks????????

Dare to mention:

We always dare to mention our open positions. 

Yes we booked profits in Axis Bank. We never repent. Because we achieved our targets in intraday itself.

We are carrying shorts in Bank of Baroda, HDFC Bank, IDBI, IndusInd Bank and lot more..........

Traders who carry positions overnight makes money..........not the players who book profits for every 2 rupees........

Book profits

Axis Bank:

Sold at 1170. Current price at 1118. Book profits

HDFC Bank

:

Intraday Update :

HDFC BANK: Currently at 472. Stoploss of Rs. 3/- ie 475

. Kill it

Follow up

IDBI BANK: 

Now bleeding at 112. How many of you shorted at 120 levels? Call given on 05 Aug. Kuch yaad aaya? click this link

Axis Bank+ Bank of Baroda

Combo Pack:

Axis Bank + Bank of Baroda

Major Trends broken.... Sell if you can.

Any rise you will be lucky enough to sell. Sell Axis Bank around 1180 with the closing stop loss of 1195.

Sell Bank of Baroda around 800 with the closing stop loss of 809

No arguments!!!!!!!

IndusInd bank: killed

Once it broke 253 no looking back. It was killed mercilessly. It touched the intra day low of 241. what else you want????

Sorry for inconvenience!!

No updates for tomorrow because of some technical issues. Hope you have made good profits in todays nifty call.................Plz take care and preserve your capital.

Biocon

Biocon: Ist target achieved. Book profits

Sold at 341. Do you remember.click here! Now at 323. Book profits at 324

Intraday update

Nifty Future:
Currently at 5112. Sell with the stop loss of 5125. Stop loss of 15 points..

Nifty Futures

Nifty Futures: Not yet ripe for a trade!

From the last four trading sessions, I was not at all amused to trade in Nifty Futures and the same was being mentioned in my posts. Nifty has moved no where........Its only a game for intraday manipulators........Banks have categorically cleared their positions............Interest burdens will be passed on to the customers. So how bullish you are on the rate sensitives like auto, realty and infras?????????? All banks and realty stocks are reeling below their major supports. Under these circumstances any rise of these sectors will be for exit only.

IndusInd Bank

Baby will you hold 253??????????????

Last close 255. Last hope for this stock 253..... Below this level, no mercy! Will sell and relax. Stop loss 258 on the closing basis

Follow up

Apollo Tyres: Crashed vertically!!!!

On 2 nd August I mentioned to kill this stock below 72..... Yes I gave the stoploss of 73.4............But because of some manipulations it touched 74........And crashed.... Now reeling at 60.......... Have patience with the calls I mentioned..................(click here).

Financial Tech

Financial Technologies : Will become toilet stock....

Last close 718. Any rise exit this stock...........This stock will soon become toilet stock...........First target 680..... Any trade below that level......end of the story.

Follow up

Sobha Developers  +  Biocon  +  Uniphos   +   Zinc (MCX)

You all might have seen what happened with these stocks in Yesterday's trade..........None of them could turn green through out the trade....... Will they hold the levels mentioned yesterday...........If they break the levels Biocon (333), Uniphos (145) and sobha already trading below 342...............

How many of you are going long in Zinc? Advised to buy Zinc at 94 with the stop loss of 92.5.............yesterday trading at 99!!!!!!! what else you want?

Combo Pack

Last close: 341......Last Hope 333......Below that sell and forget.......

--

--

--

--

Last close 151.2....Last Hope.147.............If close below that watch blood bath

--

--

--

--

Sobha Developers--- Develop your life!!!

Sobha Developers:

Sell of your life! If you get an opportunity, kill it. No mercy, no repents! First target 225. If conquers and stays below it.............targets will be updated accordingly.........

Control your ego!

Follow up:

In the morning, when I did not send any buy calls except Cipla, many of the followers asked why i was so orthodox and timid in giving buy calls on such a day when all indices are green. I advised only one thing........Don't carry any long positions over night. Even if you are long in Nifty futures, Please close them before closing time. They could not understand...... You can see with your naked eyes whats happening in the world markets tonight. But when I am updating this blog, Dow and European Indices were trading 3% lower. They all are pinging me to know how I could sense the problems....

From the last ten days, I was writing only one thing. We are into bear market and we see volatile movements. Sometimes stoploss trigerrs. Now the whole channels and sites are writing that we are into bear markets..... Thank GOD! Atlast they too could sense it. 

 

I always tell one thing......stop running in a herd. You will be butchered. Don't trade out of curiosity.. Always wait for your turn... These stock markets are going to be here.... Don't run like a mad cow.... When you take positions,  always wait till the markets prove that you are wrong..............

Diamonds are for ever!!!!!!!

Gitanjali Gems

Last hope 285............

Any trade below this level will the sell of your life...........wait for your turn