September 2013
|
intraday |
|
DATE |
11th september 2013 |
|
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
|
PREFER TO TRADE IN THE DIRECTION OF NIFTY . . . |
|||||
|
BANK NIFTY SPOT |
short |
10190 |
10100/10010/9920 |
10280 |
↑ |
|
long |
10280 |
10370/460 |
10190 |
||
|
RELIANCE |
short |
886 |
880/74/68 |
892 |
↑ |
|
long |
892 |
898/904/10 |
886 |
||
|
ICICI BANK |
short |
963 |
957/51/45/39 |
969 |
↑ |
|
long |
969 |
975/81/87 |
969 |
||
|
SBI |
short |
1634 |
1624/14/04/1594/84 |
1644 |
↑ |
|
long |
1644 |
1654/64/74/84 |
1634 |
||
|
LT |
short |
800 |
794/88/82 |
806 |
↑ |
|
long |
812 |
818/24/30 |
806 |
||
|
TATA MOTORS |
short |
347.50 |
345/42.5/40/37.5/35 |
350 |
↑ |
|
long |
350 |
352.5/55/57.5/60 |
347.5 |
||
|
M&M |
short |
807 |
802/797/92 |
812 |
↑ |
|
long |
812 |
817/22/27/32 |
807 |
||
|
biocon |
short |
340 |
337/34/31/28/25 |
343 |
↓ |
|
long |
343 |
346/49/52 |
34089 |
||
|
bajaj corp |
short |
270 |
266.5/63/59.5 |
271.75 |
↑ |
|
long |
273.5 |
277/80.5/84 |
271.75 |
||
|
infy |
short |
3139 |
3125/11/097/083/69 |
3153 |
↑ |
|
long |
3167 |
3181/95/209/23 |
3153 |
||
|
hdfc |
short |
806 |
801/796/91/86 |
811 |
↑ |
|
long |
811 |
816/21/26/31 |
806 |
||
|
intraday |
|
DATE |
10th september 2013 |
|
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
|
PREFER TO TRADE IN THE DIRECTION OF NIFTY . . . |
|||||
|
BANK NIFTY SPOT |
short |
10100 |
10050/1000/9950/9900/850/800 |
10150 |
↑ |
|
long |
10200 |
10250/300/350/400 |
10150 |
||
|
RELIANCE |
short |
872 |
867/62/57/52 |
877 |
↑ |
|
long |
877 |
882/87/92 |
872 |
||
|
ICICI BANK |
short |
967 |
958/49/40 |
976 |
↑ |
|
long |
976 |
985/94 |
967 |
||
|
SBI |
short |
1648 |
1635/22/09 |
1661 |
↑ |
|
long |
1661 |
1674/87/1700 |
1648 |
||
|
LT |
short |
765 |
759/53/47/41 |
771 |
↑ |
|
long |
771 |
777/83/89 |
765 |
||
|
TATA MOTORS |
short |
321.50 |
319/16.5/14 |
324 |
↑ |
|
long |
324 |
326.5/29/31.5/34 |
321.5 |
||
|
maruti |
short |
1290 |
1283/76/69/62 |
1297 |
↑ |
|
long |
1304 |
1311/18/25/32 |
1297 |
||
|
crompton greaves |
short |
89 |
88.25/87.5 |
89.75 |
↑ |
|
long |
89.75 |
90.5/91.25/92/92.75/93.5 |
89 |
||
|
cipla |
short |
437 |
434/31/28 |
440 |
↑ |
|
long |
440 |
443/46/49 |
437 |
||
|
tech mahindra |
short |
1359 |
1350/41/32/23/14 |
1368 |
↓ |
|
long |
1368 |
1377/86/95/1404 |
1359 |
||
|
axis bank |
short |
961 |
952/43/34/25 |
970 |
↑ |
|
long |
970 |
979/88/97 |
961 |
||
|
POSN TRADING |
weekly |
DATE |
9th / 13th sept 2013 |
|
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
|||||
|
cnx nifty |
short |
5646 |
5592/538/484/430 |
5700 |
↑ |
|
long |
5700 |
5754/808/862/916 |
5646 |
||
|
bse sensex |
short |
19230 |
19060/18880/710/530 |
19410 |
↑ |
|
long |
19410 |
19580/760/930/20110 |
19230 |
||
|
BANK NIFTY |
Short |
9970 |
9880/790/700/610 |
10060 |
↑ |
|
Long |
10060 |
10150/240/330/420 |
9970 |
||
|
CNX IT |
Short |
8200 |
8130/060/7990/920 |
8270 |
↑ |
|
Long |
8270 |
8340/410/480 |
8200 |
||
|
axis bank |
Short |
958 |
947/36/25/14 |
969 |
↑ |
|
Long |
980 |
991/1002/13/24 |
969 |
||
|
BHARTI |
Short |
315.5 |
312/08/04.5/300.5/297/93 |
319.5 |
↓ |
|
Long |
319.5 |
323/27/30.5 |
315.5 |
||
|
CIPLA |
Short |
439 |
435/31/27/23/19/15 |
443 |
↑ |
|
Long |
447 |
451/55/59/63 |
443 |
||
|
dr reddys |
Short |
2292 |
2272/52/32/12/192/72 |
2312 |
↑ |
|
Long |
2332 |
2352/72/92 |
2312 |
||
|
HDFC |
Short |
757 |
748/38/29/19 |
767 |
↑ |
|
Long |
767 |
776/86/95 |
757 |
||
|
hdfc bank |
Short |
623 |
613/03/593/83 |
633 |
↑ |
|
Long |
633 |
643/53/63 |
623 |
||
|
HUL |
Short |
621 |
611/01/591/81 |
631 |
↓ |
|
Long |
631 |
641/51/61 |
621 |
||
|
INFOSYS |
Short |
3054 |
3017/2980/43/06 |
3091 |
↓ |
|
long |
3091 |
3128/65 |
3054 |
||
|
ICICI BANK |
Short |
958 |
948/38/28/18/08 |
968 |
↑ |
|
Long |
978 |
988/98/1008/18 |
968 |
||
|
IDEA |
Short |
159 |
156/53/50 |
162 |
↓ |
|
long |
162 |
165/68 |
159 |
||
|
ITC |
Short |
315 |
310/05/300 |
320 |
↑ |
|
Long |
325 |
330/35/40 |
320 |
||
|
LIC HSG FIN |
Short |
177 |
174/71/68/65/62 |
180 |
↑ |
|
Long |
180 |
183/86/89/92 |
177 |
||
|
LT |
Short |
759 |
747/34/22/09 |
772 |
↑ |
|
Long |
772 |
784/97/809 |
759 |
||
|
M&M |
Short |
771 |
764/57/50/43/36 |
778 |
↓ |
|
Long |
785 |
792/99/806 |
778 |
||
|
MARUTI |
Short |
1290 |
1274/58/42/26/10 |
1306 |
↑ |
|
Long |
1322 |
1338/54/70 |
1306 |
||
|
ONGC |
Short |
289.5 |
286/82.5/79/75.5/72 |
293 |
↑ |
|
long |
296.5 |
300/03.5/07/10.5 |
293 |
||
|
PNB |
Short |
450 |
443.5/37/30.5 |
456.5 |
↑ |
|
Long |
456.5 |
463/69.5/76/82.5/89 |
450 |
||
|
RCOM |
Short |
142 |
140.5/39/37.5/36/34.5/33 |
143.5 |
↑ |
|
Long |
143.5 |
145/46.5/48 |
142 |
||
|
RELIANCE |
Short |
871 |
862/53/44/35 |
880 |
↑ |
|
long |
889 |
898/907/16 |
880 |
||
|
SBI |
Short |
1633 |
1613/1593/73 |
1653 |
↑ |
|
Long |
1653 |
1673/93/1703 |
1633 |
||
|
TATAMOTORS |
Short |
323 |
318/13/08/03 |
328 |
↑ |
|
Long |
328 |
333/38/43 |
323 |
||
|
TATASTEEL |
Short |
292 |
286/80/74/68 |
295 |
↑ |
|
Long |
298 |
304/10/16 |
295 |
||
|
TCS |
Short |
2006 |
1973/40/07 |
2039 |
↑ |
|
Long |
2039 |
2072/2105 |
2006 |
||
|
ultratech |
Short |
1624 |
1606/1588/70/52 |
1642 |
↑ |
|
Long |
1642 |
1660/78/96 |
1624 |
||
|
|
|
|
|
|
|
|
|
|
|
|
||
|
CNX AUTO |
short |
4410 |
x |
4460 |
↑ |
|
long |
4460 |
x |
4410 |
||
|
CNX ENERGY |
short |
7620 |
x |
7710 |
↑ |
|
long |
7710 |
x |
7620 |
||
|
CNX FMCG |
short |
16520 |
x |
16700 |
↑ |
|
long |
16700 |
x |
16520 |
||
|
CNX INFRA |
short |
2020 |
x |
2040 |
↑ |
|
long |
2040 |
x |
2020 |
||
|
CNX METAL |
short |
2006 |
x |
2027 |
↑ |
|
long |
2027 |
x |
2006 |
||
|
CNX MIDCAP |
short |
6720 |
x |
6763 |
↑ |
|
long |
6763 |
x |
6720 |
||
|
CNX PHARMA |
short |
7082 |
x |
7130 |
↑ |
|
long |
7130 |
x |
7082 |
||
|
CNX PSU BANKS |
short |
2106 |
x |
2128 |
↑ |
|
long |
2128 |
x |
2106 |
||
|
CNX REALTY |
short |
154 |
x |
156 |
↑ |
|
long |
156 |
x |
154 |
||
Trading levels --- 9th / 13th September 2013
We closed last week nearly 230 points positive – in spite of a huge 250 point down day on Tuesday. That shows the strength of the rally. Actually we have had 6 positive days out of last 7 trading sessions. This has mainly nullified all the bearish bias in the market mood ( for the time being ) and bulls have become euphoric.
However, not much has changed at the ground level and macros are still as bad as two weeks ago. The new RBI governor has put out some innovative ideas particularly for banking sector. These stocks were so badly beaten down that many have bounced up 20 odd percent after getting the elixir. This has led the rally in NIFTY.
Energy sector has also moved up hoping for some stiff diesel price increase announcement. This is slated to happen sometime during next week. The future of the rally will depend upon the extent of price increase in diesel as well as LPG and kerosene ( if at all ).
I believe this rally has limited scope to continue and will terminate between 5700 / 5770. I will pull out another 20 % from large cap stocks at that point. I will let the midcaps run for a few days more since the money made by the bull operators will partly flow to select midcaps.
I am a bit un-nerved by the under-performance of PSU banks compared to private banks – particularly in last 3 days. This indicates to me that something is seriously wrong with the economy which will hit these PSU banks below the belt in coming 6/8 weeks. THIS MAKES ME EXTRA CAUTIOUS.
I have released monthly trading levels for SEPTEMBER 2013 on my website – http://www.sumamura.com/sumamura-messages/. You can have a look at the same before entering fresh trades.
My monthly trading levels are out and paid members have them. At 3,000 rupees a year, they provide tremendous value for money proposition.
