June 2014
|
POSN TRADING |
weekly |
DATE |
23rd / 27th june 2014 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
7524 |
7460/396/332/268 |
7588 |
|
long |
7588 |
7652/716/780 |
7524 |
|
|
bse sensex |
short |
25120 |
24920/720/520/320 |
25320 |
|
long |
25320 |
25520/720/920 |
25120 |
|
|
BANK NIFTY |
Short |
15000 |
14890/780/670/560/450/340 |
15110 |
|
Long |
15220 |
15330/440/550/660 |
15110 |
|
|
CNX IT |
short |
9610 |
9520/430/340/250 |
9700 |
|
long |
9700 |
9790/880/970/10060 |
9610 |
|
|
aurobindo |
Short |
690 |
683/75/68/60/53/45 |
698 |
|
Long |
698 |
705/13/20/28/35 |
690 |
|
|
axis bank |
Short |
1853 |
1826/1799/72/45 |
1866 |
|
Long |
1880 |
1907/34/61 |
1866 |
|
|
BOB |
Short |
828 |
822/15/09/02/796/87/81/74 |
834 |
|
Long |
841 |
848/54/61/67 |
834 |
|
|
BHARTI |
Short |
337.5 |
333/28.5/24/19.5/15/10.5 |
342 |
|
Long |
342 |
346.5/51/55.5/60 |
337.5 |
|
|
COAL INDIA |
Short |
383.5 |
378/72.5/67/61.5 |
389 |
|
Long |
389 |
394.5/400 |
383.5 |
|
|
dr reddys |
Short |
2438 |
24182378/48 |
2468 |
|
Long |
2468 |
2498/2528/58 |
2438 |
|
|
glenmark pharma |
Short |
579 |
573.5/68/62.5/57/52.5 |
584.5 |
|
Long |
584.5 |
590/95.5/601/06.5 |
579 |
|
|
HCL TECH |
Short |
1438 |
1426/14/02/1390 |
1450 |
|
long |
1450 |
1462/74/86/98/1510 |
1438 |
|
|
HDFC |
Short |
972 |
964/56/48/40 |
980 |
|
Long |
980 |
988/96/1004/12/20 |
972 |
|
|
hdfc bank |
Short |
817 |
804/791/78/65 |
823.5 |
|
Long |
830 |
843/56 |
823.5 |
|
|
HUL |
Short |
624 |
618/12/06/600 |
630 |
|
Long |
630 |
636/42/48/54/60 |
624 |
|
|
ICICI BANK |
Short |
1395 |
1383/71/59/47/35 |
1407 |
|
Long |
1419 |
1431/43/55/67 |
1407 |
|
|
IDFC |
Short |
129 |
127.75/26.5/25.25/24 |
130.25 |
|
Long |
130.25 |
131.5/32.75/34/35.25/36.5 |
129 |
|
|
INFOSYS |
Short |
3291 |
3265/39/13/3187/61 |
3317 |
|
long |
3317 |
3343/69/95 |
3291 |
|
|
ITC |
Short |
336 |
331/26/21/16 |
338.5 |
|
Long |
341 |
346/51/56/61 |
38.5 |
|
|
LT |
Short |
1640 |
1615/1590/65 |
1652 |
|
Long |
1665 |
1690/1715/40 |
1652 |
|
|
M&M |
Short |
1147 |
1137/27/17/07/1097 |
1157 |
|
Long |
1157 |
1167/77/87 |
1147 |
|
|
MARUTI |
Short |
2375 |
2357/39/21/05 |
2393 |
|
Long |
2393 |
2411/29 |
2375 |
|
|
ONGC |
Short |
418 |
411/04/397/90/83 |
421.5 |
|
long |
425 |
432/39/46/53/60 |
421.5 |
|
|
RELIANCE |
Short |
1035 |
1025/15/05/995/85 |
1045 |
|
long |
1045 |
1055/65/75 |
1035 |
|
|
SESA |
Short |
292 |
288/84/80/76/72/68 |
296 |
|
long |
296 |
300/304/08/12/16/20 |
292 |
|
|
sun pharma |
Short |
625 |
620/15/10/05/600/595/90 |
630 |
|
Long |
635 |
640/45/50/55/60/65 |
630 |
|
|
SBI |
Short |
2574 |
2539/04/2469/34/2399 |
2609 |
|
Long |
2609 |
2634/69/2704/39 |
2574 |
|
|
TATAMOTORS |
Short |
437 |
431/25/19/13/07/01 |
443 |
|
Long |
443 |
449/55/61/67 |
437 |
|
|
TATASTEEL |
Short |
521.5 |
516/10.5/05/499.5 |
527 |
|
Long |
527 |
532.5/39/44.5/50 |
521.5 |
|
|
TCS |
Short |
2296 |
2276/56/36/16/2196/76/56 |
2316 |
|
Long |
2316 |
2336/56/76 |
2296 |
|
|
tech mahindra |
Short |
1981 |
1958/35/12/1889/66/43/20/1797 |
2004 |
|
Long |
2004 |
2027/50/73/96 |
1981 |
|
|
ULTRATECH |
Short |
2722 |
2692/62/32/02 |
2752 |
|
Long |
2752 |
2782/2812/42/72 |
2722 |
|
|
VOLTAS |
Short |
215 |
212/09/06/03/200/197/94 |
218 |
|
Long |
218 |
221/24/27/30 |
215 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
6580 |
x |
6640 |
|
long |
6640 |
x |
6580 |
|
|
CNX ENERGY |
short |
9870 |
x |
9955 |
|
long |
9955 |
x |
9870 |
|
|
CNX FMCG |
short |
17720 |
x |
17870 |
|
long |
17870 |
x |
17720 |
|
|
CNX INFRA |
short |
3226 |
x |
3268 |
|
long |
3268 |
x |
3226 |
|
|
CNX METAL |
short |
3280 |
x |
3310 |
|
long |
3310 |
x |
3280 |
|
|
CNX MIDCAP |
short |
10620 |
x |
10730 |
|
long |
10730 |
x |
10620 |
|
|
CNX PHARMA |
short |
7970 |
x |
8050 |
|
long |
8050 |
x |
7970 |
|
|
CNX PSU BANKS |
short |
3663 |
x |
3695 |
|
long |
3695 |
x |
3663 |
|
|
CNX REALTY |
short |
257 |
x |
260.5 |
|
long |
260.5 |
x |
257 |
|
|
POSN TRADING |
weekly |
DATE |
23rd / 27th june 2014 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
7524 |
7460/396/332/268 |
7588 |
|
long |
7588 |
7652/716/780 |
7524 |
|
|
bse sensex |
short |
25120 |
24920/720/520/320 |
25320 |
|
long |
25320 |
25520/720/920 |
25120 |
|
|
BANK NIFTY |
Short |
15000 |
14890/780/670/560/450/340 |
15110 |
|
Long |
15220 |
15330/440/550/660 |
15110 |
|
|
CNX IT |
short |
9610 |
9520/430/340/250 |
9700 |
|
long |
9700 |
9790/880/970/10060 |
9610 |
|
|
aurobindo |
Short |
690 |
683/75/68/60/53/45 |
698 |
|
Long |
698 |
705/13/20/28/35 |
690 |
|
|
axis bank |
Short |
1853 |
1826/1799/72/45 |
1866 |
|
Long |
1880 |
1907/34/61 |
1866 |
|
|
BOB |
Short |
828 |
822/15/09/02/796/87/81/74 |
834 |
|
Long |
841 |
848/54/61/67 |
834 |
|
|
BHARTI |
Short |
337.5 |
333/28.5/24/19.5/15/10.5 |
342 |
|
Long |
342 |
346.5/51/55.5/60 |
337.5 |
|
|
COAL INDIA |
Short |
383.5 |
378/72.5/67/61.5 |
389 |
|
Long |
389 |
394.5/400 |
383.5 |
|
|
dr reddys |
Short |
2438 |
24182378/48 |
2468 |
|
Long |
2468 |
2498/2528/58 |
2438 |
|
|
glenmark pharma |
Short |
579 |
573.5/68/62.5/57/52.5 |
584.5 |
|
Long |
584.5 |
590/95.5/601/06.5 |
579 |
|
|
HCL TECH |
Short |
1438 |
1426/14/02/1390 |
1450 |
|
long |
1450 |
1462/74/86/98/1510 |
1438 |
|
|
HDFC |
Short |
972 |
964/56/48/40 |
980 |
|
Long |
980 |
988/96/1004/12/20 |
972 |
|
|
hdfc bank |
Short |
817 |
804/791/78/65 |
823.5 |
|
Long |
830 |
843/56 |
823.5 |
|
|
HUL |
Short |
624 |
618/12/06/600 |
630 |
|
Long |
630 |
636/42/48/54/60 |
624 |
|
|
ICICI BANK |
Short |
1395 |
1383/71/59/47/35 |
1407 |
|
Long |
1419 |
1431/43/55/67 |
1407 |
|
|
IDFC |
Short |
129 |
127.75/26.5/25.25/24 |
130.25 |
|
Long |
130.25 |
131.5/32.75/34/35.25/36.5 |
129 |
|
|
INFOSYS |
Short |
3291 |
3265/39/13/3187/61 |
3317 |
|
long |
3317 |
3343/69/95 |
3291 |
|
|
ITC |
Short |
336 |
331/26/21/16 |
338.5 |
|
Long |
341 |
346/51/56/61 |
38.5 |
|
|
LT |
Short |
1640 |
1615/1590/65 |
1652 |
|
Long |
1665 |
1690/1715/40 |
1652 |
|
|
M&M |
Short |
1147 |
1137/27/17/07/1097 |
1157 |
|
Long |
1157 |
1167/77/87 |
1147 |
|
|
MARUTI |
Short |
2375 |
2357/39/21/05 |
2393 |
|
Long |
2393 |
2411/29 |
2375 |
|
|
ONGC |
Short |
418 |
411/04/397/90/83 |
421.5 |
|
long |
425 |
432/39/46/53/60 |
421.5 |
|
|
RELIANCE |
Short |
1035 |
1025/15/05/995/85 |
1045 |
|
long |
1045 |
1055/65/75 |
1035 |
|
|
SESA |
Short |
292 |
288/84/80/76/72/68 |
296 |
|
long |
296 |
300/304/08/12/16/20 |
292 |
|
|
sun pharma |
Short |
625 |
620/15/10/05/600/595/90 |
630 |
|
Long |
635 |
640/45/50/55/60/65 |
630 |
|
|
SBI |
Short |
2574 |
2539/04/2469/34/2399 |
2609 |
|
Long |
2609 |
2634/69/2704/39 |
2574 |
|
|
TATAMOTORS |
Short |
437 |
431/25/19/13/07/01 |
443 |
|
Long |
443 |
449/55/61/67 |
437 |
|
|
TATASTEEL |
Short |
521.5 |
516/10.5/05/499.5 |
527 |
|
Long |
527 |
532.5/39/44.5/50 |
521.5 |
|
|
TCS |
Short |
2296 |
2276/56/36/16/2196/76/56 |
2316 |
|
Long |
2316 |
2336/56/76 |
2296 |
|
|
tech mahindra |
Short |
1981 |
1958/35/12/1889/66/43/20/1797 |
2004 |
|
Long |
2004 |
2027/50/73/96 |
1981 |
|
|
ULTRATECH |
Short |
2722 |
2692/62/32/02 |
2752 |
|
Long |
2752 |
2782/2812/42/72 |
2722 |
|
|
VOLTAS |
Short |
215 |
212/09/06/03/200/197/94 |
218 |
|
Long |
218 |
221/24/27/30 |
215 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
6580 |
x |
6640 |
|
long |
6640 |
x |
6580 |
|
|
CNX ENERGY |
short |
9870 |
x |
9955 |
|
long |
9955 |
x |
9870 |
|
|
CNX FMCG |
short |
17720 |
x |
17870 |
|
long |
17870 |
x |
17720 |
|
|
CNX INFRA |
short |
3226 |
x |
3268 |
|
long |
3268 |
x |
3226 |
|
|
CNX METAL |
short |
3280 |
x |
3310 |
|
long |
3310 |
x |
3280 |
|
|
CNX MIDCAP |
short |
10620 |
x |
10730 |
|
long |
10730 |
x |
10620 |
|
|
CNX PHARMA |
short |
7970 |
x |
8050 |
|
long |
8050 |
x |
7970 |
|
|
CNX PSU BANKS |
short |
3663 |
x |
3695 |
|
long |
3695 |
x |
3663 |
|
|
CNX REALTY |
short |
257 |
x |
260.5 |
|
long |
260.5 |
x |
257 |
|
Trading levels --- 23rd / 27th June 2014
Important feature of last week was dwindling FII flows. On Tuesday, local HNIs and operators put their might together to catapult NIFTY beyond 7650 with a hope that FIIs will follow. But that did not happen and FIIs continued their muted presence. However, operators used this opportunity to distribute NIFTY stocks at higher level. I feel that more than Rupees 5,000 crores worth of distribution happened on Wednesday morning when NIFTY continued to trade around 7650.
The next and important pit-stop for NIFTY is 7458 – 7479 zone . This should offer sizeable support but the break will open flood gates for 7200.
As expected major nifty components – except INFY / TCS and HDFC twins are significantly down from their peak values hit in last 4 weeks. Strength in above 4 stocks has ensured that slide in NIFTY is extremely gradual. However, mid-cap panic will set in when - if we break 7450 level. Pease be alert for good entry opportunities and they could be as much as 30 / 35 % lower in midcap momentum stocks.
My last weeks recommendation to buy OTM puts has rewarded generously to people who took that action. I had said this was swimming against the tide …. But only then u get good returns - isn’t it ? ? ?
Even if we go down to 7200 NIFTY level …. Which may be possible, that is just a 500 odd point correction from NIFTY high of 7700 hit on 11th June. Main point is that retail crowd was never told about this possibility by important brokerages and AMCs as this was going against their business interests.
I still maintain my BANK NIFTY target of 14300 which will be probably met when NIFTY will go to 7200.
I expect that Monday will be interesting trading day as RAIL freight hike will hit cement / steel / power sector and Coal India. However, it is possible that FIIs may take a positive view of this development.
I look at this railway freight hike as an indicator of two important things – 1… gas price hike is not likely to happen immediately and 2…. EXCISE sops given to auto companies will be withdrawn. BOTH THESE ARE NEGATIVE FOR NIFTY.
As I always say, we have to play percentages to make money. Bold bravado or blind following does not help. I HAVE JUST GIVEN YOU SOME FOOD FOR YOUR GREY CELLS. WHAT DO YOU SAY ? ? ?
JUNE 2014 TRADING LEVELS are out on 2nd JUNE . 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.
Indices weekly levels
|
TER POSN TRADING |
weekly |
DATE |
23rd / 27th june 2014 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
bse sensex |
short |
25120 |
24920/720/520/320 |
25320 |
|
long |
25320 |
25520/720/920 |
25120 |
|
|
CNX IT |
short |
9610 |
9520/430/340/250 |
9700 |
|
long |
9700 |
9790/880/970/10060 |
9610 |
|
|
CNX AUTO |
short |
6580 |
x |
6640 |
|
long |
6640 |
x |
6580 |
|
|
CNX ENERGY |
short |
9870 |
x |
9955 |
|
long |
9955 |
x |
9870 |
|
|
CNX FMCG |
short |
17720 |
x |
17870 |
|
long |
17870 |
x |
17720 |
|
|
CNX INFRA |
short |
3226 |
x |
3268 |
|
long |
3268 |
x |
3226 |
|
|
CNX METAL |
short |
3280 |
x |
3310 |
|
long |
3310 |
x |
3280 |
|
|
CNX MIDCAP |
short |
10620 |
x |
10730 |
|
long |
10730 |
x |
10620 |
|
|
CNX PHARMA |
short |
7970 |
x |
8050 |
|
long |
8050 |
x |
7970 |
|
|
CNX PSU BANKS |
short |
3663 |
x |
3695 |
|
long |
3695 |
x |
3663 |
|
|
CNX REALTY |
short |
257 |
x |
260.5 |
|
long |
260.5 |
x |
257 |
World Commodities
|
weekly |
|
DATE |
23rd / 27th june 2014 |
|
|
|
commodity |
go |
entry |
Target |
Stoploss |
|
|
gold |
short |
1297 |
1280/63/46/29/12/1195 |
1314 |
US$ / T ounce |
|
long |
1314 |
1331/48/65 |
1297 |
||
|
silver |
short |
20.8 |
20.53/20/26/19.99/19.72 |
21.07 |
US$ / T ounce |
|
long |
21.07 |
21.34/21.61/21.88 |
20.8 |
||
|
crude |
short |
106 |
104.9/03.8/02.7/01.6 |
107.1 |
US$ / barrel |
|
long |
107.1 |
108.2/09.3/10.4/11.5 |
106 |
||
|
nat gas |
short |
4.45 |
4.385/4.32 |
4.515 |
US$ / 10K MMBTU |
|
long |
4.515 |
4.58/4.645/4.71 |
4.45 |
||
|
copper |
short |
3.09 |
3.045/3.00 |
3.135 |
US$ / pound |
|
long |
3.135 |
3.18/3.225/3.27 |
3.09 |
||
|
sugar |
short |
488 |
484/80/76/72/68/64/60 |
492 |
US$ / tonne |
|
long |
492 |
496/500/04/08/1216/20 |
488 |
|
POSN TRADING |
weekly |
DATE |
23rd / 27th june 2014 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
7524 |
7460/396/332/268 |
7588 |
|
long |
7588 |
7652/716/780 |
7524 |
|
|
bse sensex |
short |
25120 |
24920/720/520/320 |
25320 |
|
long |
25320 |
25520/720/920 |
25120 |
|
|
BANK NIFTY |
Short |
15000 |
14890/780/670/560/450/340 |
15110 |
|
Long |
15220 |
15330/440/550/660 |
15110 |
|
|
POSN TRADING |
weekly |
DATE |
23rd / 27th june 2014 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
7524 |
7460/396/332/268 |
7588 |
|
long |
7588 |
7652/716/780 |
7524 |
|
|
bse sensex |
short |
25120 |
24920/720/520/320 |
25320 |
|
long |
25320 |
25520/720/920 |
25120 |
|
|
BANK NIFTY |
Short |
15000 |
14890/780/670/560/450/340 |
15110 |
|
Long |
15220 |
15330/440/550/660 |
15110 |
|
