Carrying long in NTPC, Power Grid
Monday, 30 April 2012
Friday, 27 April 2012
No positions now!
PNB- closed at 830, Sold at 890
Yes bank closed at 349, Sold at 360
BOB- closed at 760, Sold at 770
Allahabad Bank closed at 161, Sold at 176
Yes bank closed at 349, Sold at 360
BOB- closed at 760, Sold at 770
Allahabad Bank closed at 161, Sold at 176
book all counters
closing all counters. Booking profits in all counters. Will take fresh positions on monday.
yes bank
how many of you shorted yes bank yesterday? Will it trade below 350 or will it take support?
Thursday, 26 April 2012
Today is expiry- see the volume game
Above images are of Nifty Futures of April and May respectively.
As you can see, there is no volume in May futures, all the game is being played in April series.
This is purely for intraday....
No rollovers in Nifty positions till now..........
Something unexpected will happen in May series..........
As you can see, there is no volume in May futures, all the game is being played in April series.
This is purely for intraday....
No rollovers in Nifty positions till now..........
Something unexpected will happen in May series..........
Bank of India - Book profits
Bank of India CMP 329
Sell given at 339.
Book profits.
Position closed.
Sell given at 339.
Book profits.
Position closed.
Wednesday, 25 April 2012
Tuesday, 24 April 2012
Yes Bank
Yes Bank:
Previous close 358.
Will fall sharply to reach 350.
Yes a strong support exists at this level.
This will be the last and final support for this counter.
Will it break it or take support?
Still you have 8 points in hand to decide............
Previous close 358.
Will fall sharply to reach 350.
Yes a strong support exists at this level.
This will be the last and final support for this counter.
Will it break it or take support?
Still you have 8 points in hand to decide............
PNB - Over and out!
PNB: Over and out!
Already broken the support level of 905.
Previous close 888.
Once trades below 885, will take a small stop loss of 895 and go short in this counter.
Already broken the support level of 905.
Previous close 888.
Once trades below 885, will take a small stop loss of 895 and go short in this counter.
Allahabad Bank
Allahabad Bank:
Last and final support 176.
Once trades below this counter,
take a small stop loss of 177.5 and go short in this counter.
Last and final support 176.
Once trades below this counter,
take a small stop loss of 177.5 and go short in this counter.
Monday, 23 April 2012
ICICI BANK
ICICI Bank:
Will it survive the level of 850?
This counter has a strong support at 850 level.
This will be last support for this counter.
Will maintain short below this level.....
Will it survive the level of 850?
This counter has a strong support at 850 level.
This will be last support for this counter.
Will maintain short below this level.....
BHEL
BHEL:
This counter has a strong support at 240.
Previous close 245.
We will buy this counter at 244-242 levels with the closing stop loss of 240.
This counter has a strong support at 240.
Previous close 245.
We will buy this counter at 244-242 levels with the closing stop loss of 240.
TATA Steel
TATA Steel:
Once again the counter is trading near to its final resistance of 475.
Will it cross this time?
If it crosses, we will be long taking 470 as the closing stop loss........
Remember, this will be the final hurdle for this counter.
Once again the counter is trading near to its final resistance of 475.
Will it cross this time?
If it crosses, we will be long taking 470 as the closing stop loss........
Remember, this will be the final hurdle for this counter.
Sunday, 22 April 2012
Nifty Flash Crash - Any T, D and H can sell off Indian Markets
Any Tom, Dick and Harry can create panic in our index.
On Friday, Nifty Futures crashed from 5320 to 5000 in a span of one minute.
This shows the so called resilience, strength, durability of our index.
If Nifty futures can crash by 7% in a minute, where does our system stand?
According to newspapers, NSE officials cleared that all the trades are actually traded
and there is no error in the system.
Everything is fair in Indian trading...........
Friday, 20 April 2012
TATA Chemicals - Desh ki namak
Tata Chemicals:
Last and final hurdle is 355.
Previous close 352.
Once crosses the level of 355, go long in this counter,
First target will be 370.....
Last and final hurdle is 355.
Previous close 352.
Once crosses the level of 355, go long in this counter,
First target will be 370.....
Bank of Baroda - Will it survive?
Bank of Baroda!
Once again it is trading near the magic level of 770?
If not able to sustain this level?
If trades below, go short in this counter..........
All we need is a comprehensive trade and close below this level..
Once again it is trading near the magic level of 770?
If not able to sustain this level?
If trades below, go short in this counter..........
All we need is a comprehensive trade and close below this level..
IFCI
IFCI: Waiting is over.
Above 43.1, no looking back for this counter.
Go long above this level, with a stop loss of 42.5.
Targets will be updated accordingly....
Above 43.1, no looking back for this counter.
Go long above this level, with a stop loss of 42.5.
Targets will be updated accordingly....
HPCL - Crossed final hurdle
Hind Petro
Trading near the final hurdle of 298.....
We will be long in this counter above this level.
Repeat trades if required.
Trading near the final hurdle of 298.....
We will be long in this counter above this level.
Repeat trades if required.
Havells
Havells:
Above 591 will create fire works......
Be long in this counter above this level....
Respect the level. Wait for your trade...
Once crosses this level, first target will be 610
Above 591 will create fire works......
Be long in this counter above this level....
Respect the level. Wait for your trade...
Once crosses this level, first target will be 610
Nifty Futures - Trend Decider 5370
Nifty Futures: 5370 is the trend decider....
Today is friday....
We expect one way movement in Nifty....
First half an hour trade will decide the trade for the day.
Just concentrate on the level of 5370....
Once crosses this level, a new short term rally will be there in Nifty for the next week.
Grab and be long in Nifty futures above this level....
Thursday, 19 April 2012
Wednesday, 18 April 2012
Divis Lab - Looking Tired!
DIVIS Lab:
Previous close 809.
Will it cross 818?
Just sell it. A small stop loss of 10 points is sufficient for this counter......
Previous close 809.
Will it cross 818?
Just sell it. A small stop loss of 10 points is sufficient for this counter......
Tuesday, 17 April 2012
Bharat Electronics - Ready for a slide?
Bharat Electronics:
Previous close 1487.
We are waiting for this counter to trade below 1475.
This will be the last support for this counter.
Once trades below this level, We will go short in this counter...........
Previous close 1487.
We are waiting for this counter to trade below 1475.
This will be the last support for this counter.
Once trades below this level, We will go short in this counter...........
Jet Airways- Ready to fly !
Jet Airways:
Nothing wrong with the counter....
Previous close 360.5
Buy and hold with the stop loss of 354 in this counter.
Once this counter makes a positive move, the immediate target will be 390....
Nothing wrong with the counter....
Previous close 360.5
Buy and hold with the stop loss of 354 in this counter.
Once this counter makes a positive move, the immediate target will be 390....
Credit Policy!
Today RBI will be announcing its Credit Policy!
As we all know, the moment the news is out on Blue Channels,
the drama unfolds. If you were caught on the wrong foot whether in Bank
Stocks or Infra stocks, God can only save you.
The best mantra for the day :
AVOID BANK & INFRA STOCKS BEFORE THE NEWS IS OUT.
Always remember, Smart Money has the access to the news first.
The news on the Blue Channels will be discounted ones...........
As we all know, the moment the news is out on Blue Channels,
the drama unfolds. If you were caught on the wrong foot whether in Bank
Stocks or Infra stocks, God can only save you.
The best mantra for the day :
AVOID BANK & INFRA STOCKS BEFORE THE NEWS IS OUT.
Always remember, Smart Money has the access to the news first.
The news on the Blue Channels will be discounted ones...........
Monday, 16 April 2012
IDEA
Idea:
April Futures Previous close at 96.9
Waiting for this counter to trade below 96.
Once trades, will sell and take a stop loss of 97.
Below 96, it will be a free fall in this counter.
Bharti Airtel:
April Futures: Previous close 324.9.
Will it survive the level of 320?
Will maintain short below this level......
Crompton Greaves
Crompton Greaves:
April Futures 134.4
133 will be the last and final support in this counter.
Maintain short below this level....
Once traded, take the stop loss of 134.5.
Repeat trades if required............
April Futures 134.4
133 will be the last and final support in this counter.
Maintain short below this level....
Once traded, take the stop loss of 134.5.
Repeat trades if required............
Tata Power
Tata Power- Power less.
Previous close 103.2
Sell this counter with a stop loss of 105.
First target will be 96.
Will revive position around 97 level only,,,,,,,
Sell April futures accordingly
Previous close 103.2
Sell this counter with a stop loss of 105.
First target will be 96.
Will revive position around 97 level only,,,,,,,
Sell April futures accordingly
Nifty - Where are we heading guys??????????????
Nifty:
Topped out for time being in the last trade...........
Most of the stocks closed in a dangerous pattern.
Remember what happened to Infy on friday?
For the time being, the out look for Nifty has turned extremely bearish.
This is a market for bears now!
Next target for Nifty Futures will be 5100.
Remember, this will be the last support. If Nifty can take support there, well and fine,
otherwise will be eventually killled........
Topped out for time being in the last trade...........
Most of the stocks closed in a dangerous pattern.
Remember what happened to Infy on friday?
For the time being, the out look for Nifty has turned extremely bearish.
This is a market for bears now!
Next target for Nifty Futures will be 5100.
Remember, this will be the last support. If Nifty can take support there, well and fine,
otherwise will be eventually killled........
Friday, 13 April 2012
IT Sector!
Today IT giant Infy will be declaring its results!
These results will be having repercussions on the other counters too..........
Infy formed a pop gun, which I always mention.
This is a bearish sign
It appears as if some body is knowing the result and already exited their shares.......
Mean time concentrate on TCS too...
Previous close 1131.
Last and final support at 1125.
Go short in this counter below 1125 and maintain short below that level............
Previous close 156.8
Below 154 maintain short with a stop loss of 156..
These results will be having repercussions on the other counters too..........
Infy formed a pop gun, which I always mention.
This is a bearish sign
It appears as if some body is knowing the result and already exited their shares.......
Mean time concentrate on TCS too...
Previous close 1131.
Last and final support at 1125.
Go short in this counter below 1125 and maintain short below that level............
Previous close 156.8
Below 154 maintain short with a stop loss of 156..
Welspun Gujarat
WelCorp!
Previous close 140.
Will rally to touch 145.
A resistance is placed at this level.
It has to cross this hurdle for a new rally!!!!!!!!!!!
Previous close 140.
Will rally to touch 145.
A resistance is placed at this level.
It has to cross this hurdle for a new rally!!!!!!!!!!!
Thursday, 12 April 2012
Ultratech Cement- Something wrong?
Ultratech Cement:
A minor support exists at 1460.
This will be the last hope for this counter.
Once trades below this level, go short and take the stop loss of 1480.
It seems someone sold off this counter yesterday
A minor support exists at 1460.
This will be the last hope for this counter.
Once trades below this level, go short and take the stop loss of 1480.
It seems someone sold off this counter yesterday
HDFC Ltd - Worst is over?????
HDFC Ltd: Some good news for Housing sector????
Previous close 675.
A stop loss of 10 points is sufficient for this whole month till expiry.
Yes take the stop loss of 665 and go long in this counter.
Will revive targets accordingly.......
Previous close 675.
A stop loss of 10 points is sufficient for this whole month till expiry.
Yes take the stop loss of 665 and go long in this counter.
Will revive targets accordingly.......
Federal Bank
Federal Bank:
There was a good rally from 320 to 450 levels.
Now the stock is struggling to cross this level and facing huge resistance at 450.
Previous close 430.
Wait for this counter to trade below 426.
Once trades, go short and take the stop loss of 431.
There was a good rally from 320 to 450 levels.
Now the stock is struggling to cross this level and facing huge resistance at 450.
Previous close 430.
Wait for this counter to trade below 426.
Once trades, go short and take the stop loss of 431.
Cummins
Cummins: Looking tired
Concentrate on the level of 470
Once trades below this level, go short ad take the stop loss of 475.
Trade April futures accordingly
Concentrate on the level of 470
Once trades below this level, go short ad take the stop loss of 475.
Trade April futures accordingly
Uco Bank
UCO Bank:
Previous close 83.25.
Will rush to touch 86.
Will it cross that level or gets killed?
Will again revive the position at that levels of 86......
Previous close 83.25.
Will rush to touch 86.
Will it cross that level or gets killed?
Will again revive the position at that levels of 86......
Wednesday, 11 April 2012
Alstom T&D
Alstom T&D:
Previous close 179.8
178 is the last hope for this counter.
Once trades below this level, sell and take 180 as the stop loss............
Previous close 179.8
178 is the last hope for this counter.
Once trades below this level, sell and take 180 as the stop loss............
ACC
ACC:
April Futures:
Previous close 1296.
A small stop loss 0f 1310 is sufficient in this counter.
Sell this counter and relax........
April Futures:
Previous close 1296.
A small stop loss 0f 1310 is sufficient in this counter.
Sell this counter and relax........
Reliance Capital
Reliance Capital:
April Futures: 375 is the last hope for this scrip.
Once trades below this level, sell and take 385 as the stop loss...............
Below this level, panic will start in this counter
April Futures: 375 is the last hope for this scrip.
Once trades below this level, sell and take 385 as the stop loss...............
Below this level, panic will start in this counter
Tuesday, 10 April 2012
India Cements!
India Cements:
Previous close 108.65.
Will it survive the crucial level of 108?
If trades below this level, sell this counter below 107.5
Take the stop loss of 108.5
Mphasis
Mphasis:
April Futures:
Last hope exists at 406.
Will it lasts?
If breaks, go short in this counter and take 409 as the stop loss......
Bank of Baroda
Bank of Baroda:
Previous close 793.
First target will be 772 for this counter.
Yes strong support exists at this level,
Below 790 go short in this counter and take 800 as the stop loss.
Will revive the position around 775-770 levels.
Previous close 793.
First target will be 772 for this counter.
Yes strong support exists at this level,
Below 790 go short in this counter and take 800 as the stop loss.
Will revive the position around 775-770 levels.
Ranbaxy
From 395 to 500.
The ongoing rally will be finished today.
Wait for this counter to make the last leap today.
Sell around 508-512 levels with the stop loss of 517.
Monday, 9 April 2012
Jindal saw
Jindal Saw: Wait for your turn!
Previous close 168.
Strong support exits at 162.
Wait for this counter to dip to 164 level.
Once reaches this level, Grab April futures accordingly.
Take 162 as the closing stop loss.
Previous close 168.
Strong support exits at 162.
Wait for this counter to dip to 164 level.
Once reaches this level, Grab April futures accordingly.
Take 162 as the closing stop loss.
Gujarat Fluorochem!
Gujarat FluroChem: Ready for a rally?
We are interested to see this counter crossing 540 level.
Once crosses this level, we will take 530 as the closing stop loss and
go long in this counter.
We are interested to see this counter crossing 540 level.
Once crosses this level, we will take 530 as the closing stop loss and
go long in this counter.
Aurobindo Pharma
Aurobindo Pharma: Worst is over?
Previous close 114.2
Catch this sleeping beauty.
Buy and hold with the closing stop loss of 112.
Grab April Futures accordingly
Previous close 114.2
Catch this sleeping beauty.
Buy and hold with the closing stop loss of 112.
Grab April Futures accordingly
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