June 2014
monthly levels for june 2014
|
POSN TRADING |
daily close trigger |
JUNE 2014 |
|
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
7120 |
7040/6960/880/800/720/640 |
7200 |
|
long |
7280 |
7360/440/520/600 |
7200 |
|
|
sensex spot |
short |
24000 |
23700/400/100/22800/500/200 |
24300 |
|
long |
24600 |
24900/25200/500/800 |
24300 |
|
|
BANK NIFTY |
short |
14650 |
14350/050/13750/450/150/12850/550 |
14800 |
|
long |
14950 |
15100/250/400/550/700 |
14800 |
|
|
CNX IT |
short |
8960 |
8880/800/720/640/560/480/400 |
9040 |
|
long |
9120 |
9200/280/360/440/520/600 |
9040 |
|
|
axis bank |
short |
1820 |
1775/30/1685/40/1595/50 |
1865 |
|
long |
1865 |
1910/55/2000 |
1820 |
|
|
aurobindo |
short |
657 |
541/25/09/593/77/61 |
673 |
|
long |
673 |
689/705/21 |
657 |
|
|
bajaj auto |
short |
1920 |
1896/72/48/24/1800/1776/52 |
1944 |
|
long |
1968 |
1992/2016/40/64/88 |
1944 |
|
|
BHARTI |
short |
342 |
334/26/18/10/02 |
350 |
|
long |
350 |
358/66/74/82/90 |
342 |
|
|
CIPLA |
short |
377.5 |
372/66.5/61/55.5/50/44.5/39 |
383 |
|
long |
388.5 |
394/99.5/405/10.5/16 |
383 |
|
|
DR REDDYS |
short |
2473 |
2441/09/2377/45/13/281/49 |
2515 |
|
long |
2547 |
2579/611/43/75/607/39 |
2515 |
|
|
HCL TECH |
short |
1381 |
1358/35/12/1289/66/43/20 |
1404 |
|
long |
1427 |
1450/73/96/1519/42/65 |
1404 |
|
|
HDFC |
short |
870 |
855/40/25/10 |
885 |
|
long |
885 |
900/15/30/45/60 |
870 |
|
|
hdfc bank |
short |
787 |
772/57/42/27/12/697/82 |
802 |
|
long |
802 |
817/32/47/62 |
787 |
|
|
HUL |
short |
593 |
578/63/48/33/18/03 |
608 |
|
long |
608 |
623/38/53/68 |
593 |
|
|
ICICI |
short |
1405 |
1375/45/15/1285/55 |
1435 |
|
long |
1435 |
1465/95/1525/55/85 |
1405 |
|
|
IDEA |
short |
135 |
129.5/24/18.5/13 |
137.75 |
|
long |
140.5 |
146/51.5/57/62.5/68 |
137.75 |
|
|
IDFC |
short |
124 |
118.5/13/07.5/02 |
126.75 |
|
long |
129.5 |
135/40.5/46/51.5 |
126.75 |
|
|
INFY |
short |
2940 |
2870/800/730/660/590 |
2975 |
|
long |
3010 |
3080/150/220/290 |
2975 |
|
|
ITC |
short |
339 |
329/19/09/299 |
344 |
|
long |
349 |
359/69/79 |
344 |
|
|
LIC HSG FIN |
short |
315 |
305/295/85/75/65 |
320 |
|
long |
325 |
335/45/55/65 |
320 |
|
|
LT |
short |
1569 |
1518/1484/50/16/1382/48/14 |
1552 |
|
long |
1535 |
1586/1620/54/88 |
1552 |
|
|
M&M |
short |
1222.5 |
1210/1185/60/35/10/1085/60 |
1235 |
|
long |
1247.5 |
1260/85/1310/35 |
1235 |
|
|
MARUTI |
short |
2255 |
2220/2185/50/15/2080/45/10/1975/40 |
2290 |
|
long |
2325 |
2360/95/2430/65/2500 |
2290 |
|
|
REC |
short |
318 |
312/06/300/294/88/82/76/70 |
324 |
|
long |
324 |
330/36/42/48 |
318 |
|
|
RELIANCE |
short |
1055 |
1039/23/07/991/75/59/43 |
1071 |
|
long |
1071 |
1087/1103/19/35/51 |
1055 |
|
|
SUN PHARMA |
short |
607 |
593/79/65/51/37/23 |
621 |
|
long |
621 |
635/49/63/77/91 |
607 |
|
|
SBI |
short |
2521 |
2449/2377/05/2233/2161/2089/17 |
2557 |
|
long |
2593 |
2665/737/809/881 |
2557 |
|
|
TATA MOTORS |
short |
411 |
402/393/84/75/66/57 |
420 |
|
long |
420 |
429/38/47/56 |
411 |
|
|
TATASTEEL |
short |
472 |
462/52/42/32/22/12 |
482 |
|
long |
482 |
492/502/12/22 |
472 |
|
|
TCS |
short |
2100 |
2072/44/16/1988/60 |
2128 |
|
long |
2156 |
2174/2212/40/68/96 |
2128 |
|
|
VOLTAS |
short |
180 |
174.5/69/63.5/58/52.5/47 |
185.5 |
|
long |
185.5 |
191/96.5/202/07.5/13 |
180 |
|
|
POSN TRADING |
daily close trigger |
JUNE 2014 |
|
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
7120 |
7040/6960/880/800/720/640 |
7200 |
|
long |
7280 |
7360/440/520/600 |
7200 |
|
|
sensex spot |
short |
24000 |
23700/400/100/22800/500/200 |
24300 |
|
long |
24600 |
24900/25200/500/800 |
24300 |
|
|
BANK NIFTY |
short |
14650 |
14350/050/13750/450/150/12850/550 |
14800 |
|
long |
14950 |
15100/250/400/550/700 |
14800 |
|
Trading levels --- 2nd / 6th June 2014
The week opened for NIFTY with a crescendo hitting 7500 mark - only for the second time. Bulls tried to consolidate and hold that position around 7450 / 7500 with all their might but could not succeed as the selling pressure continued to mount - finally giving way big time hitting a low of 7269. BANK NIFTY was a major contributor to the fall as it sold of 600 points – nearly 4 % from the top hit early in the morning.
After that, the last 4 days have seen a relatively tepid, range bound market with downside bias.
This Friday we have got a reasonable FII buying figure in cash as well as derivatives segment. That indicates, we may have a positive opening on Monday. BANKNIFTY closed extremely week on Friday. If that weakness continues, this strong opening may be short lived. So we need to watch bank stocks very closely on Monday.
There is lot of froth in banking and I expect levels of 14,300 on BANK NIFTY before some sanity returns. That level generally corresponds to 7025/7050 NIFTY level. SO THESE BECOME CRITICAL LEVELS TO WATCH.
IF WE DO GET 7050 ON NIFTY, WE WILL HAVE A CHANCE TO GET ALL LEADING NIFTY STOCKS ABOUT 8 TO 10 % CHEAPER THAN TODAYS LEVEL. This opportunity should not be missed.
People who are holding decent amount of cash will also have opportunity to invest into HIGH-BETA stocks even at 20 % lower than current prices.
If correction goes deeper than 7000 NIFTY level, we will have to review again. We will do that next week end.
As I always say, we have to play percentages to make money. Bold bravado does not help. 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 |
2nd / 6th june 2014 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
bse sensex |
short |
24100 |
13910/720/530/340/150 |
24290 |
|
long |
24290 |
24480/670/860/25050 |
24100 |
|
|
CNX IT |
short |
8980 |
8910/840/770/700 |
9050 |
|
long |
9050 |
9120/190/260 |
8980 |
|
|
CNX AUTO |
short |
6355 |
x |
6410 |
|
long |
6410 |
x |
6355 |
|
|
CNX ENERGY |
short |
8975 |
x |
9070 |
|
long |
9070 |
x |
8975 |
|
|
CNX FMCG |
short |
17830 |
x |
18020 |
|
long |
18020 |
x |
17830 |
|
|
CNX INFRA |
short |
3150 |
x |
3200 |
|
long |
3200 |
x |
3150 |
|
|
CNX METAL |
short |
3055 |
x |
3110 |
|
long |
3110 |
x |
3055 |
|
|
CNX MIDCAP |
short |
10040 |
x |
10170 |
|
long |
10170 |
x |
10040 |
|
|
CNX PHARMA |
short |
7660 |
x |
7750 |
|
long |
7750 |
x |
7660 |
|
|
CNX PSU BANKS |
short |
3650 |
x |
3705 |
|
long |
3705 |
x |
3650 |
|
|
CNX REALTY |
short |
240 |
x |
244 |
|
long |
244 |
x |
240 |
