July 2013
NIFTY SPOT INTRA
|
intraday |
|
DATE |
10th july 2013 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
PREFER TO TRADE IN THE DIRECTION OF NIFTY . . . |
||||
|
BANK NIFTY SPOT |
short |
11465 |
11420/375/330/285/240 |
11510 |
|
long |
11510 |
11555/600/645/690 |
11465 |
|
|
RELIANCE |
short |
872 |
867/62/57 |
877 |
|
long |
877 |
882/87/92 |
872 |
|
|
ICICI BANK |
short |
1035 |
1028/21/14/07 |
1042 |
|
long |
1042 |
1049/56/63 |
1035 |
|
|
SBI |
short |
1895 |
1884/72/61/49 |
1907 |
|
long |
1907 |
1918/30/41 |
1895 |
|
|
LT |
short |
1427 |
1414/02 |
1439 |
|
long |
1439 |
1452/64/77 |
1427 |
|
|
TATA MOTORS |
short |
289.00 |
286.5/84/81.5/79 |
291.5 |
|
long |
291.5 |
294/96.5/99 |
289 |
|
|
FT |
short |
783 |
779/75/71/67/63 |
787 |
|
long |
791 |
795/99/803/07/11 |
787 |
|
|
cadila health |
short |
789 |
785/81/77/73/69 |
793 |
|
long |
793 |
797/801/05/09 |
789 |
|
|
IDFC |
short |
127 |
126/25/24 |
128 |
|
long |
128 |
129/30/31/32 |
127 |
|
|
HAVELLS |
short |
779 |
774/69/64/59 |
784 |
|
long |
784 |
789/94/99 |
779 |
|
|
RCOM |
short |
142 |
141/40/39/38/37/36 |
143 |
|
long |
143 |
144/45/46/47 |
142 |
|
NIFTY SPOT INTRA
|
intraday |
|
DATE |
9th july 2013 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
PREFER TO TRADE IN THE DIRECTION OF NIFTY . . . |
||||
|
BANK NIFTY SPOT |
short |
11350 |
11300/250/200 |
11400 |
|
long |
11400 |
11450/500/550/600 |
11350 |
|
|
RELIANCE |
short |
868 |
863.5/59/54.5/50 |
872.5 |
|
long |
872.5 |
877/81.5/86 |
868 |
|
|
ICICI BANK |
short |
1033 |
1029/25/21/17/13 |
1037 |
|
long |
1037 |
1041/45/49/53 |
1033 |
|
|
SBI |
short |
1880 |
1866/52/38/24 |
1894 |
|
long |
1894 |
1908/22/36 |
1880 |
|
|
LT |
short |
1409 |
1403/1397/91/85 |
1415 |
|
long |
1415 |
1421/27/33/39 |
1409 |
|
|
TATA MOTORS |
short |
288.00 |
286/84/82/80 |
290 |
|
long |
290 |
292/94/96 |
288 |
|
|
ITC |
short |
347 |
345.5/44/42.5/41 |
348.5 |
|
long |
348.5 |
350/51.5/53/54.5 |
347 |
|
|
cadila health |
short |
788 |
784/80/76/72/68 |
792 |
|
long |
792 |
796/800/804/08 |
788 |
|
|
IDFC |
short |
127 |
126/25/24 |
128 |
|
long |
128 |
129/30/31/32 |
127 |
|
|
HAVELLS |
short |
749 |
745/41/37/33 |
753 |
|
long |
753 |
757/61/65/69 |
749 |
|
|
RCOM |
short |
144 |
142.75/41.5/40.25/39 |
145.25 |
|
long |
145.25 |
146.5/47.75/49 |
144 |
|
MY WEEKLY TAKE .....
Trading levels --- 8th / 12th July 2013
In-spite of strong momentum of last week, the market could not show enough strength to break 5900/5920 zone. Naturally, now it is going to drift lower.
US 10 year bond yields have gone past 2.7 and that is a bad news for RUPEE and correspondingly for the equity market.
We can see significant weakness on Monday – particularly in banking stocks and rate sensitives as RBI will not cut rates even in July policy if rupee continues to trade above 60 to US Dollar.
Gold made a comeback to 1250 dollar mark but strong dollar index means it will slip again towards 1150 in coming weeks.
All in all, we will have a sideways week with downward bias and weak INFY results on 11th July, can tilt the scale decisively pushing Nifty towards 5600.
I have released monthly trading levels for JULY 2013 on my website – http://www.sumamura.com/sumamura-messages/ . You can have a look at the same before entering fresh trades.
