April 2014

 Trading levels --- 14^th / 18^th April 2014

In the last two weeks, FIIs continued to pump in money – albeit at a slightly slower pace than in March – we just got 4500 odd crores of Rupees in first 10 days and a small negative figure on Friday 11^th April. This negative figure is significant since it is appearing nearly after 25 trading sessions. Slowing of FII inflow has meant that NIFTY has gone up by only 80 odd points in last 2 weeks.

IT has continued to underperform but banking has gone up relentlessly except for last trading session. The momentum in banking stocks when they make an up-move is so great that even the seasoned BEARS are simply scared of going short on any banking stock. ENERGY and PSUs have been chugging along adding to banking strength.

We have hit 6800+ NIFTY levels where some strong resistance is setting in. Bears should take some clues from this and enter short trades at an opportune time as bulls are bound to look at booking some profit under some pretext in next 4/5 sessions. INFY / TCS  results could be one such excuse. IT is looking weak and can pull down nifty by a couple of percentage points.

Global set-up is also looking weak. It will not be out of place to mention  THAT IN OCT/ NOV 2007, MOST GLOBAL MARKETS TOPPED OUT WHEN WE WERE ROARING …. EVERYONE KNOWS WHAT HAPPENED IN JAN  2008. Is there a chance of history repeating ???

I have still not got a chance to deploy my cash but it will come soon… till then sell slowly in counters which are giving worthwhile returns. Finally cash in the bank is what matters.

I want to recommend  12800 / 12300 bank nifty bear spread which will cost u just about 2000 odd rupees and Rs 20,000 margin with possibility of 4,000 rupees gain. BEAR IN MIND THAT IT RESULTS CAN TRIGGER A DOWNSIDE IN NIFTY.

As I always say, we have to play percentages to make money. Bold bravado does not help.  WHAT DO YOU SAY ? ? ?

APRIL 2014 TRADING LEVELS are out on 2^nd April . You can have a look at the same before entering fresh trades. I have also released CY 2014  trading levels  on my website – http://www.sumamura.com/sumamura-messages/. 

Please remember CAPITAL is always scarce and needs to be respected.

My monthly trading levels are out and paid members have them. At 3,000 rupees a year, they provide tremendous value for money proposition.

Keep logged on to yahoo messenger for guidance related to investment levels on specific stocks. I will be putting some of those recommendations on my website also under messages tab as well.

I am available on yahoo messenger on most of the trading days and you can add me on your yahoo messenger. My yahoo id is madhavranade1

Keep watching my website www.sumamura.com closely for further inputs. You need to register and login to see modules section where all the levels for different timeframes are  shown.

You can view individual modules for as little as 3,000 rupees per year. A package for all  8  modules for  just 30,000 rupees  for the full year.

Please call me on 9371002943 for more details.

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