There are some variations in the levels of previous close of some stocks. Please check for the correctness of the data and trade accordingly. I Apologize!

TATA Chemicals

TATA Chemicals : Levels for Dec futures


Previous close 348. 
Any rise, take a closing stop loss of 353 and go short in this counter.

GE Shipping

GE Shipping :
Levels for Dec futures.
Previous close 224.
Any rise, take the closing stop loss of 229 and go short!

Petronet LNG

Petronet LNG:


Last close 166.2


Sell around 168 levels with the closing stop loss of 170.

Bata

BATA: Looking tired?


Previous close 638.
Will take a stop loss of 650 and go short in this counter.
Repeat trades if required.

Apollo Tyres

Apollo Tyres: End of the road?


Previous close 65. 
Any rise, take a closing stop loss of 66 and go short in this counter.

Follow up!

No need to trade daily!

For the last 3 days, the trading has become a nightmare. 

Bajaj Auto, Escorts, India Cements, LIC, HDFC... none of the counters entered the trade.

Even 5 correct trades a month is sufficient to top up your accounts.

When there is no trade, its ok.There is no need to trade daily.

Always protect your capital for right opportunities. 

You all have seen what happened with BRFL, Alstom, OIL etc

We are here to trade for a living. We don't gamble....................

Bajaj Auto

Bajaj Auto:


Previous close 1617.
Last hope for this stock is 1600.
Any trade below this level, Kill it.
Respect the level of 1600.
Repeat trades if required.

Tata Communications

Tata Communications: The bell is ringing.


Previous close 192.6!
Will try to kiss 196.
But the million dollar question is whether this counter cross this level or not?
If crosses and trades, the stock will spurt to 200+ levels.

India Cements!

India Cements Ltd:


Previous close 72.75
Will wait for this stock to cross 74.25 and trade above this level.
Once trades, will go long in Dec futures.

GMDC

GMDC:
Previous close 179.25
Trade long in this counter as long as this level is respected. 
No need to carry long below this level.
Repeat trades if required.

Escorts Ltd!!

Escorts Ltd:
Previous close 77.9
Waiting for this counter to trade below 76.
Once trades below this level, will take a stop loss of 77 and go short!

LIC Hsg Finance!

Wait for this counter to trade below 209.

Once trades, Sell and take the stop loss of 212.

HDFC Ltd

HDFC Ltd:


We are already short in this counter with a stop loss of _______.
For new entrants, Wait for this biggie to trade below 605.
Once trades below 605, Sell with the stop loss of 615.

Holding shorts!

Still holding shorts in TCS. As mentioned, will not clear the shorts until unless it trades above the mentioned level. Click here
Hero Corp, HUL, Indian Bank are the few other counters we are still short.

BRFL - Whats this chart?

Below is the daily chart of BRFL futures.

Now if you trade futures of this counter, God only can save.

That's why be cautious while choosing the counters to trade. Not the manipulative stocks like this.

Kotak Bank

Kotak Bank:


Yesterday we booked profits at 445.
Today below 435, fresh wave of selling may start in this counter.
Once trades below 435, Short december futures.
Take stop loss of 440 (in Cash)

Gitanjali Gems

Gitanjali Gems
Will wait for it to trade below 330.
Once trade will take the stop loss of 333 and go short.

Hero Corp

Hero Moto Corp:


Below 2105, don't feel shy to short this scrip.
Juss kill it.

Canara Bank

Canara Bank:
Concentrate on the level of 416.
Once trades below this level, take the stop loss of 420 and sell December futures.

Short counters!!!!!!

All of our short counters are still rocking. 

OIL, Central Bank, BF Utilities, TCS, ONGC, Financial Tech, Indian Bank, ITC, Federal Bank, Tata Power,Alstom, Asian Paints, Aditya Birla Nuvo.

Kotak booked.

You need not to trade daily, but carry the trades going in the right direction. Once these many shorts are still open and the Nifty is not showing any respite, Is there any other good news than this? Think of the traders carrying these positions with calm. Thats the art of trading.


Carrying positions makes money, not the Intraday trades. Remember!

oil

OIL INDIA LTD: who killed this giant from 1260 to 1180?

indian bank

indian bank - enjoying the carnage?

kotak

kotak bank booked profits at 445

Federal Bank

Federal bank:


Previous close 351.5
If trades below 351, Sell with the stop loss of 355.

Tata Power

TATA Power Company:


IF trades below 93, Sell with the stop loss of 94.
If trades below this level, stock may crash to new lows....................

ITC

ITC Ltd:


Last and strong support at 195.
Will it hold that level?
If not able to hold, Sell it. 
Will take decision accordingly.

Kotak Bank

Kotak Bank: Enjoying the fall?

HUL

Hindustan Unilever Ltd Update:
Short HUL Futures CMP 386 with 389 SL

GAIL- Gas Leak

GAIL:


Previous close 472.
Take a small stop loss of 5 points. ie.477 and Sell it.

Indian Bank

Indian Bank:


Previous close 196.1
Last hope for this stock is 193.
Below this level, Just sell Nov futures and relax.
Hold short with the closing stop loss of 195.

ONGC

ONGC:
Need not to change the level.
Previous close 252.
Sell it with the stop loss of 256.

LIC Hsg Finance

LIC Hsg Finance:


Previous close 216.
Waiting for the stock to trade below 211. Will it?
If yes, Just Kill it. Don't hesitate.
Will carry shorts as long as 211 is not crossed.

HDFC Ltd

HDFC Ltd:


Will this time hold the level of 620-618?
If trades below 618, Sell Nov futures and take the stop loss of 626.

Aditya Birla Nuvo!!!!!!!!!!!!

Aditya Birla Nuvo!


Previous close 898.
Will wait for the stock to trade below 882.
Once trades below this level, show no mercy. Kill it
Will update stop loss as required.

Nifty Spot!

Nifty Spot!
Last close 4778!
What next?
Will it take support at 4740 and bounce back?
Or else will it go down.
Interesting to watch.

Don't get Confused!

Believe your strategy!

I again repeat, never get confused between Nifty futures and Individual stocks.
Today I mentioned about the support level for Nifty at 4860 and closing stop loss of 4845.


I again ask you! Did I mentioned any stock to buy????????
Please look at individual counters with their own perception.


In the last 3 Sessions,
TCS from 1118 to 1067
OIL from 1266 to 1200
BF Utilities from 412 to 362
Alstom from 485 to 430
Kotak Bank from 493 to 460
Sun TV from 262 to 247
Financial tech from 620 to 580




Positions trigerred stop loss:
Polaris, ONGC, Nifty Futures


Now if you say I should send a cheque for you, its not possible.
Please trade the positions with conviction.
Happy Tradings!

Escorts Ltd!!

Escorts Ltd:

Last and final support is 75.

Previous close 76.25.

Will it hold that level?

If not able to hold and trades below 75, Don't be shy to short.

Central Bank of India - Ready for new lows????

Central Bank of India:


Already trading below the strong support of 94.
Below 91, Short and carry with the stop loss of 93.

Sun TV

Sun TV:
What next?
Will it hold the level of 262?
If not and trades below,  then Sell and take the stop loss of 265.

MRPL

MRPL:
Nov Futures:
Will it hold the level of 61???????????
Last close 62.2.
Waiting for it to trade below 61.
Once trades, no mercy. Kill it.
Hold short as long as 61 level is not crossed.

HLL

Hindustan Unilever Ltd: Looking tired!
Avoid longs in this counter.
I am not giving levels in this counter.
Will take short call accordingly as the trade progress..................

Nifty Futures

Nifty Futures:
Has strong support at 4860.
We bought in small quantity at 4860 levels.
Will hold and add positions with the closing stop loss of 4845..........

Follow up!

TCS: Still holding shorts. 
Clearly mentioned that we will not clear the shorts until unless it trades above 1140 levels.
Now what?
Waiting for it to trade and close below 1080. That will be the end for this stock.


OIL:
Yes, We are still holding shorts in this counter. Any rise will be an opportunity to short only.


BF Utilities & Kotak Bank:
Still holding shorts.

Asian Paints

Asian Paints:


Previous close 3042.
Last hope for this stock is 3025.
Once stock trades below this level, sell and relax.
Carry shorts as long as 3025 is respected.

MLL

Mercator Lines Limited:


Will it hold the level of 21.8?
If unable to hold this level, Sell Nov futures.
Closing Stop loss will be 22.3

Financial Tech

Financial Technologies: 


Will it hold 620 level??????
Once the stock trades below this level, Kill it.
Take the stop loss of 630

ONGC

ONGC:


Waiting for this stock to trade below 254. 
Once trades below this level, will short and take the stop loss of 256

We may short!!!

We may short these scrips too for the day.....


Infosys Ltd, HUL, Canara Bank(below 432)...............

BF Utilities

BF Utilities: Over and out!
Last close 415.
Short and forget. Your closing stop loss will be 420.

Follow up!

Tatachem: Call not entered. Stock practically not traded below 325.
Rest all calls shorted. Alstom, Polaris, OIL, TCS and Kotak

Alstom Projects

APIL:
Nov futures Last close: 496
Last hope for this stock 493.
Below 493, sell futures and take stop loss of 496.

TATA Chemicals

TATA Chemicals:


Will wait to trade below 325. 
Once trades below this level, kill it and take the stop loss of 327.5

TCS

TCS: Previous close 1118.
Will take the stop loss of 1138 and go short in this counter.
Need not to clear the short until unless it crosses and closes above 1138-1140.

Kotak Bank

Kotak Mahindra Bank Ltd:


Will it survive the levels of 500-502????
Any rise and if not able to cross this level, the stock will get killed.
Will take decision accordingly...........

Polaris

Polaris - Is everything ok baby?
Previous close 128.7.
If stock trades below 128 , Sell Nov futures and relax!