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

Friday, 31 August 2012

Axis Bank

Axis Bank:
Tested the crucial level of 1000.
Below 998 (Cash level) , Sell with a stop loss of 1008 for a target of 920.
Please wait for the counter to break 998,.

Thursday, 30 August 2012

hindalco


hindalco: previous close 103.8. Will be maintaining short in this counter with a stop loss of 106. Will be repeating trades if required.

Tuesday, 28 August 2012

Is Volatility going to play a spoil sport???

Above is the volatility Index of NSE India.
Do you find any co-relation between our Nifty and this Chart?
If you clearly observe, they both are indirectly proportional.........
VIX is taking strong support at 16 levels and if it starts moving up then, It is naturally going to kill our market for the short term.....
All the banks SBI, PNB, Bank Baroda have broken down below their strong supports...... Will they continue their down trend or just bounce back today? Today's trading is crucial. 
Its all a game going on.....
4 to 5 heavy counters are sufficient to hold the market and rest all can go down the drain easily........
Be cautious bro! Trade with strict levels and go counterwise..........

Monday, 27 August 2012

PNB- Short it!

PNB:
August Futures:
CMP: 708.
Sell with a stop loss of 713.
Repeat trades if required.

Wednesday, 22 August 2012

Jindal Steel and power


Jindal Steel and Power:
August futures:
CMP 401.5
Sell with a small and strict stop loss of 404.5

Tuesday, 21 August 2012

Videocon-

Videocon-
August futures:
CMP 176.3
Inititate fresh longs with a stop loss of 175

Nifty Futures



Nifty Futures:
Current Price 5405.
Sell with a small stop loss of 5415.

Renuka Sugars!!!!!

Shree Renuka Sugars:
Ready for a rally??????
August futures previous close 33.9.
Hold longs in this counter as long as 33.5 is respected.......
One positive close and this rally easily to 40 levels in the coming days.........

Thursday, 16 August 2012

NHPC: Worst is over?

NHPC:
Previous close 18.55
Will wait for this counter to cross 18.7
If crosses, will go long and take a small stop loss of 18.5
Will be repeating the trades if required accordingly.......

IBreal estate: Is everything fine????

India Bulls real estate:
Previous close 52.6
Wait for this counter to trade below 52.
If trades, short it and take a stop loss of 52.5
Will be repeating the trades if required.

Fortis Health - catch it for long

Fortis Health Care:
Previous close 101.3
Will rally to touch 105-106 levels.
This will be the last and final hurdle. 
Will it able to cross? If yes, a new rally will take place in this counter.
Catch August futures accordingly

Tuesday, 14 August 2012

Opto Circuits - Have you earned or remained a spectator??

Opto Circuits:
My target was 130.
The cash counter crashed to 132.6 and futures crashed to 131.3 in the intraday itself.
After gaining more than 15 % in intraday, if you had waited all the way only that your counter goes back to your shorted price, then I can't help it bro!

Happy tradings!!!!!!!!!!!

Opto Circuits- Ready for downward journey?

Opto Circuits:
Is this getting ready to reach 130??
Previous close 150.
Will be maintaining short in this counter with a stop loss of 152.
Will be repeating trades if required.

Monday, 13 August 2012

Thursday, 9 August 2012

Wednesday, 8 August 2012

ACC Ltd


ACC:
CMP 1345.
Buy and hold with  a stop loss of 1335.
Will be repeating the trades if required.
Once trades positively, Ist target will be 1450 for this counter

Tuesday, 7 August 2012

McDowells - Shorted Yesterday



Mc Dowells:
Yesterday tweeted to short McDowells futures at 869 with a stop loss of 876.
It triggered once, today it resumed its journey.........
Crashed to 840 today.................
Patience pays.......

REC

REC:
Call not yet entered,
Levels remain same for tomorrow.

REC

REC Ltd
August Futures:
CMP 209
Above 210, maintain longs with a stop loss of 208.
Wait for your turn and stick to levels

HDFC Bank

HDFC Bank:
Aug Futures:
CMP 601
Sell with a stop loss of 603

Friday, 3 August 2012

HPCL- Will it survive???

HPCL:
After witnessing crash in BPCL (still looking weak),
Its the time for HPCL to follow the path.
August Futures:
Previous close 324.5
Sell with a stop loss of 327.......

Karnataka Bank

Karnataka Bank:
Looking tired..........
Previous close 95.15.
Sell with a stop loss of 97..
August Futures trading in discount.
No Problem, Sell accordingly........

Colgate Palmolive

Colgate Palmolive:
Whether its drought or recession, no way you can leave brushing your teeth..
August futures:
Previous close 1179.
Waiting for this counter to trade above 1190.
Once crosses, go long with a stop loss of 1175

Thursday, 2 August 2012

Videocon - Grab and Hold for this series


Videocon Inds:
A lot of consolidation took place in this counter......
Will be buying August futures and holding for this series with a stop loss of 170.....
will be repeating trades if required.......

When feeling uncomfortable, wait for your turn!



Many a times it happen that the market becomes range bound and some sort of inactivity creeps in, the best strategy of trading is not to trade. It is not essential that you should be into the trades all the time. When we place a trade in these scenarios, there's always a chance of losing your bets. When the opportunity comes, we may be short of money to take the call.... So please maintain your cash and your confidence........