Welcome to SUMAMURA

April 2013

Monday, April 8 2013

UNITED SPIRITS ...

some have asked me how i can be bearish on USL when all brokerages hv given lofty targets from 2000 to 2700 ....

pl note that it is a short term / med term sell .... can be a long term buy ..... what does that mean ? ....  no need to jump and grab the stocksince there is a 200 rupee correction .... good chance that u wl get the stock even cheaper in coming one or two months ....

moreover .... i hv written what the charts are telling me .... brokerages take a fundamental view .... but IF  U CAN PUT BOTH TOGETHER .... IT IS POSSIBLE THAT U WL GET A MUCH BETTER ENTRY POINT ....  people who hv entered around 2000 ... must be ruing their luck by now ...  SINCE WHO DOES NOT LIKE A HIGHER RETURN ???????

 


Monday, April 8 2013 TO Friday, April 12 2013
weekly   DATE 8th / 12th april  2013    
commodity go entry Target Stoploss  
gold short 1582 1567/52/37/22 1597 US$ / T ounce
long 1597 1612/27/42 1582  
silver short  27.15 26.9/26.65/26.4/26.15 27.4 US$ / T ounce
long 27.65 27.9/28.15/28.4/28.65 27.4  
crude short 92.5 91.5/90.5/89.5/88.5 93.5 US$ / barrel
long 93.5 94.5/95.5/96.5/97.5 92.5  
nat gas  short 4.09 4.04/3.99/3.94/3.89 4.14 US$ / 10K MMBTU
long 4.14 4.19/4.24/4.29/4.34 4.09  
copper short 3.335 3.31/3.285/3.26/3.235/3.21 3.36 US$ / pound
long 3.36 3.385/3.41/3.435/3.46 3.335  
sugar short 502.5 499/95.5/92/88.5/85 509.5 US$ / tonne
long 509.5 513/16.5/20/23.5 502.5  

Monday, April 8 2013 TO Friday, April 12 2013
  •  
weekly   DATE 8th / 12th april  2013  
world indices go entry Target Stoploss
S & P short 1555 1539/23/07 1571
long 1571 1587/1603 1555
nasdaq comp short  3218 3178/30/3098 3258
long 3258 3298/3338/78 3218
dow jones short 14525 14450/375/300/225/150 14600
long 14600 14675/750/825/900 14525
FTSE short 6240 6170/100/030/5960/890 6310
long 6310 6380/450/520 6240
nikkei short 12750 12650/550/450 12850
long 12850 12950/13050/150/250 12750
australian ord short 4900 4870/840/810/780 4930
long 4960 4990/5020/50 4930
hangseng short 21880 21710/540/370/200 22050
long 22050 22220/390/560 21880
shanghai short 2230 2205/180/155/130 2255
long 2255 2280/305/330/355 2255

Monday, April 8 2013
NIFTY SPOT INTRA ....
 
go short / long – 5524 / 5550
 
stoploss - 5537 for both
 
long targets – 5563/76/89/602
 
short targets – 5511/598/75/62
 

Monday, April 8 2013
    DATE 8th april 2013  
stocks / indices go entry Target Stoploss
PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .
BANK NIFTY SPOT short 11100 11040/10980/920/860/800 11160
long 11160 11220/280/340/400 11100
RELIANCE short  780 776/72/68 784
long 784 788/92/96/800 780
ICICI BANK short 999 991/83/75 1007
long 1007 1015/23/31 999
SBI short 2063 2048/33/18 2078
long 2078 2093/108/23 2063
LT short 1348 1340/32/24/16 1356
long 1356 1364/72/80/88 1348
TATA MOTORS short  254.00 252.25/50.5/48.75/47 255.75
long 257.5 259.25/61/62.75 255.75
IGL short 302 297.5/93/88.5/84 304.25
long 306.5 311/15.5/20 304.25
REC short 210 208/06/04/02/200 212
long 212 214/16/18 210
hdfc short 769 763/57/51/45 772
long 775 781/87/93 772
usl short 1760 1746/32/18/04/1690 1774
long 1774 1788/1802/16/30 1760
IDEA short 101 100.25/99.5/98.75/98/97.25/96.5 101.75
long 101.75 102.5/03.25/04 101