Welcome to SUMAMURA

November 2013

Monday, November 11 2013 TO Friday, November 15 2013

 

weekly

 

DATE

11th / 15th  nov 2013

 

world indices

go

entry

Target

Stoploss

S & P

short

1761

1752/43/34/25/16.07

1770

long

1770

1779/88/97/1806

1761

nasdaq comp

short

3920

3890/60/30/3800/3770/40/10

3950

long

3950

3980/4010/40/70/4100

3920

dow jones

short

15630

15480/330/180/030

15780

long

15780

15930/16080

15630

FTSE

short

6690

6610/530/450

6770

long

6770

6850/930/7010

6690

nikkei

short

14060

13930/800/670/540

14190

long

14190

14320/450/580/710

14060

australian ord

short

5370

530/290/250/210

5410

long

5410

5450/490/530

5370

hangseng

short

22750

22600/450/300/150/22000

22900

long

22900

23050/200/350/500

22750

shanghai

short

2110

2085/60/35/10

2135

long

2135

2160/85/210/235

2110


Monday, November 11 2013 TO Friday, November 15 2013

 

POSN TRADING

weekly

DATE

11TH / 15TH NOVEMBER 2013

 

stocks / indices

go

entry

Target

Stoploss

ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY

cnx nifty

short

6112

6068/24/5980/36

6156

long

6200

6244/88/332/376

6156

bse sensex

short

20600

20450/300/150/20000

20750

long

20900

21050/200/350/500

20750

 BANK NIFTY

Short

10900

10825/750/675/600/525/450

10975

Long

11050

11125/200/275/350

10975

CNX IT

Short

8925

8850/775/700/625/550

9000

Long

9000

9075/150/225/300

8925

axis bank

Short

1113

1102/1091/80/69/58

1124

Long

1135

1146/57/68

1124

BHARTI

Short

344

340/36/32/28/24/20

348

Long

348

352/56/60/64

348

CIPLA

Short

422

419/16/13/10/07/04

425

Long

425

428/31/34/37/40

422

dr reddys

Short

2397

2378/59/40/21/02

2416

Long

2416

2435/54/73/92

2397

HDFC

Short

804

798/92/86/80

810

Long

816

822/28/34/40

810

hdfc bank

Short

647.5

643/38.5/34/29.5/25

652

Long

656.5

661/65.5/70

652

HUL

Short

585.5

577/68.5/60

590

Long

594

602.5/11

590

INFOSYS

Short

3315

3295/75/55/35/15

3335

long

3355

3375/95/3415/35/55/75

3335

ICICI BANK

Short

1044

1034/24/14/04

1054

Long

1064

1074/84/94/1104

1054

IDEA

Short

164

162.75/61.5/60.25/59/57.75/56.5

165.25

long

166.5

167.75/69/70.25

165.25

IDFC

Short

105

103.5/02/100.5/99/97.5/96

106.5

Long

106.5

108/09.5/11/12.5/14

105

ITC

Short

318

315/12/09/06/03/300

321

Long

321

324/27/30/33

318

LT

Short

960

949/37/26/14/03

972

Long

972

983/95/1006

960

M&M

Short

875

868.5/62/55.5/49/42.5/36

881.5

Long

888

894.5/901/07.5/14

881.5

MARUTI

Short

1560

1543/25/08/1490

1578

Long

1578

1595/1613/30/48/65

1560

ONGC

Short

276.5

274.5/72.5/70.5/68.5/66.5

278.5

long

280.5

282.5/84.5/86.5/88.5/90.5

278.5

RELIANCE

Short

877

868/59/50/41

886

long

886

895/904/13

877

SBI

Short

1750

1731/12/1693/74/55

1769

Long

1769

1788/1807/26/45

1750

TATAMOTORS

Short

387

380/73/66/59/52

394

Long

394

401/08/15/22/29

387

TATASTEEL

Short

351

347/43/39/35/31/27

355

Long

355

359/63/67/71

351

TCS

Short

2091

2077/63/49/35/21/07

2105

Long

2119

2133/47/61/75

2105

ultratech

Short

1927

1906/1885/64/43/22/01/1780

1948

Long

1948

1969/90

1927

 

 

 

 

 

 

 

 

 

CNX AUTO

short

5120

x

5175

long

5175

x

5120

CNX ENERGY

short

7820

x

7880

long

7880

x

7820

CNX FMCG

short

16840

x

16950

long

16950

x

16840

CNX INFRA

short

2355

x

2380

long

2380

x

2355

CNX METAL

short

2305

x

2326

long

2326

x

2305

CNX MIDCAP

short

7570

x

7640

long

7640

x

7570

CNX PHARMA

short

7450

x

7540

long

7540

x

7450

CNX PSU BANKS

short

2405

x

2435

long

2435

x

2405

CNX REALTY

short

170

x

172.25

long

172.25

x

170


Saturday, November 9 2013

 the stock is looking strong on daily as well as weekly charts. buying is recommended.

 

buy around  146/47 ( agressive traders ) or 143/46 zone ( cautious traders ) with a posn trading stoploss of 139.5 for target of 153.5 /158.5 in 3 to 5 trading sessions.

 

posn trading stoploss means decisive break of the level for 15 to 20 mins 


Friday, November 8 2013

 TITAN

 

TITAN ..... 
 
i understand that local ( unorganised ) goldsmiths are undercutting titan by good 3 to 5 % ... this diwali season ... they hv taken away atleast 20 % of titan business by offering cheaper rates .... they achieve this by putting lower making charges / festive discounts etc .......
 
this is possible since import thru smuggling is on the rise and small goldsmiths hv the flexibility to source gold from all sources ....
 
i expect  titan to slide further to closer to 220 levels ..... better to buy 220 put around 2.5 / 2.75 .... this is a low risk trade and returns could be 100 % easily .... holding period 5 trading sessions ...... till next friday .......
 
cheersssssssssssssssssssssssssssss .....

Friday, November 8 2013

 both tatamotors and tatasteel are showing big divergence on daily charts ..... as such there is more than 80 % probability of 5 to 7 % correction from CMP of 385 and 353 respectively ....

 
agressive traders can buy at the money puts and sell 20/25 rupee lower strike puts ...... this will reduce their riskin case the stocks move sharply higher ...... holding period will be 3 to 5 trading sessions .......
 
punters who r averse to risl can simply buy 20/25 rupees strike OTM puts .... can double their money easily ..... holding period same ... 3 to 5 trading sessions .......