Welcome to SUMAMURA

February 2014

Wednesday, February 12 2014

 NIFTY SPOT INTRA

 
go short / long  - 6089 / 6109
 
stop loss –  opposite
 
long targets –  6129/49/69
 
short targets –  6069/49/29

Wednesday, February 12 2014

 NIFTY SPOT INTRA

 
go short / long  - 6089 / 6109
 
stop loss –  opposite
 
long targets –  6129/49/69
 
short targets –  6069/49/29

Wednesday, February 12 2014

 

INTRA

 

DATE

12th february 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

BANK NIFTY SPOT

short

10290

10230/170/110

10350

long

10350

10410/470/530

10290

RELIANCE

short

808

801/794

815

long

815

822/29

808

SBI

short

1524

1514/04/1494

1534

long

1534

1544/54/64

1524

icici bank

short

970

963/56

977

long

977

984/91/98

970

LT

short

992

988/84/80/76/72

996

long

1000

1004/08/12/16/20

996

TATA MOTORS

short

 372.50

368/63.5/59

374.75

long

377

381.5/86/90.5/95

374.75

bombay dyeing

short

58.25

57.5/56.75/56

59

long

59

59.75/60.5/61.25/62

58.25

techmahindra

short

1850

1833/16/1799/82

1867

long

1867

1884/1901/18

1850

tata steel

short

388

383/78/73/68

390.5

long

393

398/403/08

390.5

aurobindo

short

499

495/91/87/83

503

long

507

511/15/19/23

503

astrazeneca

short

849

840/31/22/13

858

long

858

867/76/85

849


Wednesday, February 12 2014

 

INTRA

 

DATE

12th february 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

BANK NIFTY SPOT

short

10290

10230/170/110

10350

long

10350

10410/470/530

10290

RELIANCE

short

808

801/794

815

long

815

822/29

808

SBI

short

1524

1514/04/1494

1534

long

1534

1544/54/64

1524

icici bank

short

970

963/56

977

long

977

984/91/98

970

LT

short

992

988/84/80/76/72

996

long

1000

1004/08/12/16/20

996

TATA MOTORS

short

 372.50

368/63.5/59

374.75

long

377

381.5/86/90.5/95

374.75

bombay dyeing

short

58.25

57.5/56.75/56

59

long

59

59.75/60.5/61.25/62

58.25

techmahindra

short

1850

1833/16/1799/82

1867

long

1867

1884/1901/18

1850

tata steel

short

388

383/78/73/68

390.5

long

393

398/403/08

390.5

aurobindo

short

499

495/91/87/83

503

long

507

511/15/19/23

503

astrazeneca

short

849

840/31/22/13

858

long

858

867/76/85

849


Tuesday, February 11 2014

 TATA MOTORS ....  

both YOY and qoq performance is superb ..... but the market reaction is rather subdued ....

what does that indicate ...... that means the high target prices indicated by most international brokerages - in the range of 425 to 450 - has got substantial downside risk possibility attached to it ......normally these price targets are for 12 months ....
 
if one were to accept these targets as sacrosanct .... then ... we r looking at 15 to 20 % upside from current CMP of around 375 .....  an opportunity which no prudent investor will let go ....... BUT THAT IS NOT HAPPENING ....
 
so .. i suggest buy the stock on dips ..... the market will go down 3 to 5 % sometime in next 2 weeks and stock will then give u an entry point around 350/355 .... that shud not be missed .....