Take Our Survey! Nifty Reporter's Live Diary........: June 2012

Friday, 29 June 2012

In the name of GAAR.....

Nifty Futures:
After almost 2 weeks of directionless trade, I am expecting our market to take a direction today.
Everything will be done on the pretext of GAAR.
First one hour trading may decide the direction of the trade for the day.
This trend may decide the future of the market for at least one week.

Thursday, 28 June 2012

Sesa Goa

Sesa Goa:
Previous close 191.4
This counter may rally to the first target of 202.
Buy with a stop loss of 189.5
Buy Jul futures accordingly...

nifty still at cross roads!


nifty is still hesitant to take a direction. The level of 5200 is still resisting the nifty. None of the biggies could hardly cross their resistances. Still caution is advised. Trade with levels only!

TATA Chemicals - Start accumulating now!!!

TATA Chemicals: Worst is over for now.
Previous close 306.
Buy July futures in this counter.
Even if comes down add one more lot at 301 with a stop loss of 299.
I think this counter will out perform for the month of july.

Jet Airways- Alight here?

Jet Airways: Rally exhausted?
Previous close 391.1
If gets an opportunity sell around 393-395 levels with a small stop loss of 398.
Sell July futures accordingly............

Monday, 25 June 2012

Tata Power



TATA Power:
CMP 96.
Buy with a small stop loss of 95

Federal Bank

Federal Bank:
CMP 444.
Has broken strong resistance of 442 and trading positively.
Go long with a small stop loss of 440.

Piramal HealthCare!

Piramal Healthcare: Rally Over????
Jun Futures:
Previous close 517.65.
Remember only two levels in this counter.....
515 and 520.
Once breaks 515, Sell this counter futures and take stop loss of 520.

Hexaware

Hexaware:
Jun Futures:
 A trade above 127 is required for this counter.........
Previous close 125.5
Yes, wait for this counter to cross 127.
Once crosses, maintain longs in this counter with the stop loss of 126.
This counter will try to rally to new highs above this level.

Sunday, 24 June 2012

Nifty needs a final push!

Nifty futures:
Our markets are trying hard to give itself a final push.
Which magic wand will pranab da take out tomorrow????
Will he succeed?
Our market has become news concentric now.....
It is reacting to all sort of dramas. It is not able to get itself free from the clutches of 5100 level....
Bulls and Bears are neck to neck at this point.
By the time, we will be concentrating on our scripts with the levels. Nothing else.............

Friday, 22 June 2012

RaymondsR

Raymonds
Jun futures: CMP 400.
Buy and hold
stop loss 395

Sun TV



Sun TV
CMP 279.
Buy with a stop loss of 277

IDFC- Something big for the day!!!!



IDFC:
I am giving a bracket call for this script.
CMP 131.25.
If breaks 130.5 on the lower side, Sell and take stop loss of 131.5.
If breaks 132.5 on the upper side, Buy and take stop loss of 131.5
This call is valid for the day.
I am expecting huge movement in this stock for the day.
Have patience and respect the levels please......

Wednesday, 20 June 2012

Trading or gambling?



As we have observed the Nifty is moving nowhere for the last one week.
The stocks are moving like mad cows. 
The trading conditions are purely limited to intraday now.
The only mantra for now is "PRESERVE CAPITAL"
When the market takes a direction, you will get plenty of opportunities................

Grasim Industries

Grasim Industries:
Jun Futures:
CMP 2500.
Buy with a stop loss of 2480.

M&M

M&M:
Jun Futures:
CMP 697.
Below 695 sell with a stop loss of 700

Bharat Forge - Will it survive?

Bharat Forge:
Previous close 300.6.
Concentrate on the level of 299.
Once breaks, Sell and take the stop loss of 301.
Sell Jun futures accordingly........

Monday, 18 June 2012

Yes Bank



yes bank:
CMP 326.3
Sell with a small stop loss of 328

TATA Coffee

TATA Coffee:
Previous close 887.
Buy and hold with the stop loss of 870......
Catch Jun futures accordingly....
This stock is set to make new highs now....

M&M

M&M:
Previous close 698.5
Remember only 2 levels to trade.........
705 and 700.
Once crosses 705 go long with the stop loss of 700

What the RBI going to do?

Have you ever thought how the stocks run upto a make or break level and there's always a huge policy waiting to decide the trend of the market? Is this a mere coincidence or game played by big ones? 

Anyhow we really don't know what the RBI is going to do today that will decide the trend of the market for some days.  
On Wednesday the Nifty futures made a high of 5144. The next 2 days the nifty futures traded almost 150 points and on friday the futures closed at 5147. Nov the Nifty has closed a lil above the comfort level of 5120-5125, be cautious for today. Any good news will blast the nifty upwards and at the same time bad news will  kill this market. 

I will be giving some long counters for today, but please trade with exact levels. Any breaks you can reverse your trades also.......................

Thursday, 14 June 2012

Syndicate Bank

Syndicate Bank:
Jun Futures: Major hurdle at 104.
Previous close 102.75.
Sell around 103-103.5 with a stop loss of 104.
Dont be short above 104

Chambal Fertilizers!

Chambal Fertilizers:
June futures: Previous close 76.75
Concentrate on only one level. 77.1
Go long above this level with a stop loss of 76.5
Repeat trades if required.....

Keep your positions light bro!



Nifty futures is still hovering around the dangerous level of 5120.
Its still not giving a convincing breakout.......
Our markets may take a huge move after the announcement of inflation data today.


Now a days our markets are waiting for unnecessary and useless data....
They need a data to cash on the sentiments of the crowd..
The move may be rapid....so better keep your positions light and wait for direction.....
If the Nifty breaks 5120 and falls rapidly it will be the end of the upmove and vice versa....

Wednesday, 13 June 2012

ICICI BANK

ICICI Bank:
Jun futures.......
Only one level I am interested in.... 840.
Be long above this level.........
Don't be reluctant to cut position below 835.....

ABB

ABB: 
June Futures:
Previous close 775.
Concentrate on the level of 785.
Go long above this level.
Maintain long respecting the support of 785.............

Ultratech Cement-!!!

UltraTech Cements:
Only one level  I am interested in.............
Jun futures Previous close 1418.
Above 1418, Be long in this counter.........
No if and but, respect the trend

Nifty futures love for 5120........

Nifty Futures once again reversed intraday......
Closed at the magic level of 5120.
What is it going to do tomorrow?
Option1: Opens flat, cross this hurdle and go long without breaking is first trade low.
Option2: Opens a little higher and immediately comes down without breaking its first trade high..
Any other option you have? Lets see.....


Anyhow I am giving some calls for long.
Please respect the levels. Don't hesitate to cut the positions if stop loss triggers as we are trading at very crucial resistance level.

Monday, 11 June 2012

Be cautious guys!!!!!


Nifty Futures:
Watch out the above chart. 
Its the beauty of the trend lines.
I was repeatedly mentioning only one level 5120...
I was mentioning 2220 in case of SBI. It made a high of 2218 and crashed.


At 11 in the morning, I tweeted SBI is having huge and final resistance at 2220.
Any longs will be above that level only.....


At 2 pm I tweeted that in case of banks, todays top will be crucial. Not crossing that level, banks may get killed.


In the mean time, European indices has given all their gains and closed flat......


I am not saying everything has changed now and we will go down.
But if it happens, we should not be the scapegoats...........


Any longs will be above 5120 only.................

icici bank


icici bank cmp 845. Go long with a stop loss of 838

GE Shipping

GE Ship:
Previous close 252.7.
Concentrate on only one level, 251.
Be long in this counters as long as this level is respected.

Nifty Futures

Nifty Futures:
In the last 4 trading sessions, Nifty made a move of 320 points.
Today and tomorrows trading is crucial.
Nifty will be testing the huge resistance of 5120..
CNX Bank Nifty will be facing huge resistance at 10100. 
Will it be able to cross this hurdle????
No guessings, lets wait for our trades. 
We will respect the trend. If not able to cross these levels, we will go fresh shorts
at these resistances.

Sunday, 10 June 2012

Last week trade!

As you all observed, the Nifty has traded with huge swings in the intraday.
In the last 4 trading sessions, trading has become purely for intra day traders.
I avoided giving calls as I need a direction to trade. I avoid shifting directions of positions
intraday. 

Thursday, 7 June 2012

max india

max india: cmp 195. Buy with a stoploss of 193

idfc


idfc: cmp 129. Sell with stop loss of 131

What a trade!!!

The world markets are on fire today.
Our Nifty skyrocketed more than 100 points.
Has everything changed now????
How much run at the most is left in our Nifty???
May be a 50 to 100 points more.
What about the stocks?????????????
Remember, all the counters will be reaching their strong 
resistances today morning or tomorrow. 
So Please cautious at these levels guys.
After todays trade, there will more risk in entering longs
until unless they crosses their resistances.
Plan and trade counters as per levels.
I will not initiate long below these levels, but i will try to 
enter shorts today or tomorrow counter wise, respecting the levels..............

Wednesday, 6 June 2012

Monday, 4 June 2012

Bhushan Steel

Bhushan Steel: Scary movie to come??????????
Concentrate on the level of 430.
Sell below 430 and take the stop loss of 435.
All about 5 points....
It will be a free fall below this level.
Please respect the levels.............

GE Shipping

GE Ship:
Previous close 240.
Concentrate on the level of 236.
Once breaks this level, sell this counter and take a small stop loss of 238.
Repeat trades if required........

Federal Bank

Federal Bank: Rally over
Previous close 413.5.
Sell this counter at the opening bell only if you get a chance to sell above 410.........
The first target for this counter will be 380 in the coming days

Friday, 1 June 2012

unusual trading!


unusual volumes traded on yesterday in reliance, bank of baroda, cairn and hindalco. Diversified counters. I want to judge its effect on our market before taking calls