July 2014
|
always suggest to trade in the direction of nifty |
||||
|
intra levels |
|
DATE |
7th july 2014 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
7753 |
7726/699/672/45/18 |
7780 |
|
long |
7780 |
7807/34/61 |
7753 |
|
|
bank nifty |
short |
15550 |
15485/420/355/290 |
15615 |
|
long |
15615 |
15680/745/810 |
15550 |
|
|
HDFC BANK |
short |
858 |
852/46/40/34/28/22 |
864 |
|
long |
864 |
870/76/82 |
858 |
|
|
reliance |
short |
1031 |
1027/23/19/15/11/07 |
1035 |
|
long |
1039 |
1043/47/51/55 |
1035 |
|
|
BHEL |
short |
263.5 |
261.5/59.5/57.5/55.5 |
265.5 |
|
long |
265.5 |
267.5/69.5/71.5/73.5/75.5 |
263.5 |
|
|
dr reddys |
short |
602 |
598.5/95/91.5/88 |
605.5 |
|
long |
605.5 |
609/12.5/16/19.5/23 |
605.5 |
|
|
POSN TRADING |
weekly |
DATE |
7th / 11th july 2014 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
7711 |
7664/17/7570/23/7476/29/382/335 |
7758 |
|
long |
7805 |
7852/99/946/993/8040/87 |
7758 |
|
|
bse sensex |
short |
25830 |
25670/510/350/190/030/24970/810 |
25990 |
|
long |
26150 |
26310/470/630/790/950/27110 |
25990 |
|
|
BANK NIFTY |
Short |
15430 |
15290/150/010/14870/730/590/450/310 |
15570 |
|
Long |
15570 |
15710/850/990 |
15430 |
|
|
CNX IT |
short |
9790 |
9705/620/535/450 |
9875 |
|
long |
9960 |
10045/130/215/300/385/470/555/640 |
9875 |
|
|
aurobindo |
Short |
756 |
746/36/26/16/06/696 |
766 |
|
Long |
766 |
776/86/96/806 |
756 |
|
|
axis bank |
Short |
1948 |
1922/1896/70/44/18/1792/66/40 |
1974 |
|
Long |
1974 |
2000/26/52/78 |
1948 |
|
|
BOB |
Short |
878 |
869/60/51/42/33/24/15/06/797/88 |
887 |
|
Long |
887 |
896/905/14/23 |
878 |
|
|
BHARTI |
Short |
337 |
331.5/26/20.5/15 |
342.5 |
|
Long |
342.5 |
348/53.5/59 |
337 |
|
|
COAL INDIA |
Short |
392 |
386.5/81/75.5/70/64.5/59 |
397.5 |
|
Long |
397.5 |
403/08.5/14/19.5/25 |
392 |
|
|
dr reddys |
Short |
2678 |
2651/24/597/70/43 |
2705 |
|
Long |
2705 |
2732/59/86 |
2678 |
|
|
glenmark pharma |
Short |
601 |
594/87/80/73/66 |
608 |
|
Long |
608 |
615/22/29 |
601 |
|
|
HCL TECH |
Short |
1484 |
1464/44/24/04 |
1504 |
|
long |
1504 |
1524/44/64/84/1604 |
1484 |
|
|
HDFC |
Short |
1004 |
994/84/74/64/54/44 |
1014 |
|
Long |
1024 |
1034/44/54/64 |
1014 |
|
|
hdfc bank |
Short |
856 |
848/40/32/24/16/08/800 |
864 |
|
Long |
864 |
872/80/88/96 |
856 |
|
|
HUL |
Short |
622 |
613/04/595 |
631 |
|
Long |
631 |
640/49/58 |
622 |
|
|
ICICI BANK |
Short |
1454 |
1434/14/1394/74/54/34/14 |
1474 |
|
Long |
1474 |
1494/1514/34/54 |
1454 |
|
|
IDEA |
Short |
135 |
133/31/29/27/25 |
137 |
|
long |
137 |
139/41/43/45/47/49 |
135 |
|
|
IDFC |
Short |
134 |
131.5/29/26.5/24/21.5/19 |
136.5 |
|
Long |
136.5 |
139/41.5/44/46.5/49/51.5/54 |
134 |
|
|
INFOSYS |
Short |
3230 |
3208/186/64/42/20/3098/76/54 |
3252 |
|
long |
3274 |
3296/318/340 |
3252 |
|
|
ITC |
Short |
332 |
326/20/14/08/02/296/90 |
335 |
|
Long |
338 |
344/50/56/62 |
335 |
|
|
LT |
Short |
1740 |
1724/08/1692/76/60/44/28/12 |
1756 |
|
Long |
1756 |
1772/88/1804/20/36/52 |
1740 |
|
|
M&M |
Short |
1230 |
1217/04/1191/78/65/52/39/26 |
1243 |
|
Long |
1243 |
1256/69/82/95 |
1230 |
|
|
MARUTI |
Short |
2621 |
2593/65/37/09/2481/53/25/2397/69/41 |
2649 |
|
Long |
2649 |
2677/2705/33/61 |
2621 |
|
|
ONGC |
Short |
422 |
415/08/01/394/87/80 |
425.5 |
|
long |
429 |
436/43/50/57 |
425.5 |
|
|
RELIANCE |
Short |
1031 |
1018/05/992/79/66 |
1044 |
|
long |
1044 |
1057/70/83 |
1031 |
|
|
SESA |
Short |
306 |
303/300/297/94/91/88/85/82/79/76 |
309 |
|
Long |
309 |
312/15/18/21/24 |
306 |
|
|
SBI |
Short |
2697 |
2665/33/01/2569/37/05/2473/41/09 |
2729 |
|
Long |
2729 |
2761/93 |
2697 |
|
|
sun pharma |
Short |
707 |
698/89/80/71/62 |
716 |
|
Long |
716 |
725/34/43 |
707 |
|
|
TATAMOTORS |
Short |
471 |
465/59/53/47/41/35/29/23/17/11 |
477 |
|
Long |
477 |
483/89/95 |
471 |
|
|
TATASTEEL |
Short |
530 |
515/500/485/470 |
537.5 |
|
Long |
545 |
560/75/90 |
537.5 |
|
|
TCS |
Short |
2407 |
2368/50/32/14/296/78 |
2442 |
|
Long |
2442 |
2477/2512/47/82 |
2407 |
|
|
tech mahindra |
Short |
2103 |
2078/53/28/03/1978/53 |
2128 |
|
Long |
2128 |
2153/78/2203/28 |
2103 |
|
|
ULTRATECH |
Short |
2606 |
2584/62/40/18/2496/74/52/30/08 |
2628 |
|
Long |
2628 |
2650/72/94/2716/38/60 |
2606 |
|
|
VOLTAS |
Short |
217 |
214/11/08/05/02/199/96/93/90 |
220 |
|
Long |
220 |
223/26/29/32/35/ |
217 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
7100 |
x |
7175 |
|
long |
7175 |
x |
7100 |
|
|
CNX ENERGY |
short |
10030 |
x |
10140 |
|
long |
10140 |
x |
10030 |
|
|
CNX FMCG |
short |
17790 |
x |
17980 |
|
long |
17980 |
x |
17790 |
|
|
CNX INFRA |
short |
3450 |
x |
3490 |
|
long |
3490 |
x |
3450 |
|
|
CNX METAL |
short |
3340 |
x |
3385 |
|
long |
3385 |
x |
3340 |
|
|
CNX MIDCAP |
short |
11340 |
x |
11460 |
|
long |
11460 |
x |
11340 |
|
|
CNX PHARMA |
short |
8740 |
x |
8790 |
|
long |
8790 |
x |
8740 |
|
|
CNX PSU BANKS |
short |
3874 |
x |
3907 |
|
long |
3907 |
x |
3874 |
|
|
CNX REALTY |
short |
266 |
x |
268 |
|
long |
270 |
x |
268 |
|
|
POSN TRADING |
weekly |
DATE |
7th / 11th july 2014 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
7711 |
7664/17/7570/23/7476/29/382/335 |
7758 |
|
long |
7805 |
7852/99/946/993/8040/87 |
7758 |
|
|
bse sensex |
short |
25830 |
25670/510/350/190/030/24970/810 |
25990 |
|
long |
26150 |
26310/470/630/790/950/27110 |
25990 |
|
|
BANK NIFTY |
Short |
15430 |
15290/150/010/14870/730/590/450/310 |
15570 |
|
Long |
15570 |
15710/850/990 |
15430 |
|
|
CNX IT |
short |
9790 |
9705/620/535/450 |
9875 |
|
long |
9960 |
10045/130/215/300/385/470/555/640 |
9875 |
|
|
aurobindo |
Short |
756 |
746/36/26/16/06/696 |
766 |
|
Long |
766 |
776/86/96/806 |
756 |
|
|
axis bank |
Short |
1948 |
1922/1896/70/44/18/1792/66/40 |
1974 |
|
Long |
1974 |
2000/26/52/78 |
1948 |
|
|
BOB |
Short |
878 |
869/60/51/42/33/24/15/06/797/88 |
887 |
|
Long |
887 |
896/905/14/23 |
878 |
|
|
BHARTI |
Short |
337 |
331.5/26/20.5/15 |
342.5 |
|
Long |
342.5 |
348/53.5/59 |
337 |
|
|
COAL INDIA |
Short |
392 |
386.5/81/75.5/70/64.5/59 |
397.5 |
|
Long |
397.5 |
403/08.5/14/19.5/25 |
392 |
|
|
dr reddys |
Short |
2678 |
2651/24/597/70/43 |
2705 |
|
Long |
2705 |
2732/59/86 |
2678 |
|
|
glenmark pharma |
Short |
601 |
594/87/80/73/66 |
608 |
|
Long |
608 |
615/22/29 |
601 |
|
|
HCL TECH |
Short |
1484 |
1464/44/24/04 |
1504 |
|
long |
1504 |
1524/44/64/84/1604 |
1484 |
|
|
HDFC |
Short |
1004 |
994/84/74/64/54/44 |
1014 |
|
Long |
1024 |
1034/44/54/64 |
1014 |
|
|
hdfc bank |
Short |
856 |
848/40/32/24/16/08/800 |
864 |
|
Long |
864 |
872/80/88/96 |
856 |
|
|
HUL |
Short |
622 |
613/04/595 |
631 |
|
Long |
631 |
640/49/58 |
622 |
|
|
ICICI BANK |
Short |
1454 |
1434/14/1394/74/54/34/14 |
1474 |
|
Long |
1474 |
1494/1514/34/54 |
1454 |
|
|
IDEA |
Short |
135 |
133/31/29/27/25 |
137 |
|
long |
137 |
139/41/43/45/47/49 |
135 |
|
|
IDFC |
Short |
134 |
131.5/29/26.5/24/21.5/19 |
136.5 |
|
Long |
136.5 |
139/41.5/44/46.5/49/51.5/54 |
134 |
|
|
INFOSYS |
Short |
3230 |
3208/186/64/42/20/3098/76/54 |
3252 |
|
long |
3274 |
3296/318/340 |
3252 |
|
|
ITC |
Short |
332 |
326/20/14/08/02/296/90 |
335 |
|
Long |
338 |
344/50/56/62 |
335 |
|
|
LT |
Short |
1740 |
1724/08/1692/76/60/44/28/12 |
1756 |
|
Long |
1756 |
1772/88/1804/20/36/52 |
1740 |
|
|
M&M |
Short |
1230 |
1217/04/1191/78/65/52/39/26 |
1243 |
|
Long |
1243 |
1256/69/82/95 |
1230 |
|
|
MARUTI |
Short |
2621 |
2593/65/37/09/2481/53/25/2397/69/41 |
2649 |
|
Long |
2649 |
2677/2705/33/61 |
2621 |
|
|
ONGC |
Short |
422 |
415/08/01/394/87/80 |
425.5 |
|
long |
429 |
436/43/50/57 |
425.5 |
|
|
RELIANCE |
Short |
1031 |
1018/05/992/79/66 |
1044 |
|
long |
1044 |
1057/70/83 |
1031 |
|
|
SESA |
Short |
306 |
303/300/297/94/91/88/85/82/79/76 |
309 |
|
Long |
309 |
312/15/18/21/24 |
306 |
|
|
SBI |
Short |
2697 |
2665/33/01/2569/37/05/2473/41/09 |
2729 |
|
Long |
2729 |
2761/93 |
2697 |
|
|
sun pharma |
Short |
707 |
698/89/80/71/62 |
716 |
|
Long |
716 |
725/34/43 |
707 |
|
|
TATAMOTORS |
Short |
471 |
465/59/53/47/41/35/29/23/17/11 |
477 |
|
Long |
477 |
483/89/95 |
471 |
|
|
TATASTEEL |
Short |
530 |
515/500/485/470 |
537.5 |
|
Long |
545 |
560/75/90 |
537.5 |
|
|
TCS |
Short |
2407 |
2368/50/32/14/296/78 |
2442 |
|
Long |
2442 |
2477/2512/47/82 |
2407 |
|
|
tech mahindra |
Short |
2103 |
2078/53/28/03/1978/53 |
2128 |
|
Long |
2128 |
2153/78/2203/28 |
2103 |
|
|
ULTRATECH |
Short |
2606 |
2584/62/40/18/2496/74/52/30/08 |
2628 |
|
Long |
2628 |
2650/72/94/2716/38/60 |
2606 |
|
|
VOLTAS |
Short |
217 |
214/11/08/05/02/199/96/93/90 |
220 |
|
Long |
220 |
223/26/29/32/35/ |
217 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
7100 |
x |
7175 |
|
long |
7175 |
x |
7100 |
|
|
CNX ENERGY |
short |
10030 |
x |
10140 |
|
long |
10140 |
x |
10030 |
|
|
CNX FMCG |
short |
17790 |
x |
17980 |
|
long |
17980 |
x |
17790 |
|
|
CNX INFRA |
short |
3450 |
x |
3490 |
|
long |
3490 |
x |
3450 |
|
|
CNX METAL |
short |
3340 |
x |
3385 |
|
long |
3385 |
x |
3340 |
|
|
CNX MIDCAP |
short |
11340 |
x |
11460 |
|
long |
11460 |
x |
11340 |
|
|
CNX PHARMA |
short |
8740 |
x |
8790 |
|
long |
8790 |
x |
8740 |
|
|
CNX PSU BANKS |
short |
3874 |
x |
3907 |
|
long |
3907 |
x |
3874 |
|
|
CNX REALTY |
short |
266 |
x |
268 |
|
long |
270 |
x |
268 |
|
MY WEEKLY TAKE ....
Trading levels --- 7th / 11th July 2014
FII flows gushed last week and in real gusto …. FIIs brought in over 5000 crores and that kept the market hitting all time highs day after day. As usual FII focus was on quality stocks and major index contributors while the operator and HNI crowd concentrated on BETA – that is momentum midcaps. So – overall market was in cheerful mood thru out the week.
Now budget 2014 is just 4 trading sessions away and at most we may have a mild profit booking correction of 100 odd NIFTY points before the event.
Personally, I am not very hopeful about the budget from market point of view as there will be more misses than hits. That means we will be most probably pegged back to lows hit week before last. If there are some crucial misses like IT exemption limit hike to Rupees 5 lacs etc … we may go even lower. If concrete GST time frame is not announced, even that will be a big setback.
At this juncture the market risk / reward is tilted towards risk and it may be prudent to cover your back with OTM puts around 7500. If you find that they are too expensive, you may make a bear spread – 7500/7200 – to reduce the cost.
For July series, people with money should make 7500 / 7200 bear spreads and 7700 / 8000 bull spreads. Punters who don’t want to give margin money, can buy 7500 put and 8000 call. I think spread holders will make money in two days after the budget by liquidating calls and puts separately and selectively – not at the same time.
With 60 % probability of draught, it looks that we are destined to go below 7,200 – towards 6,800 before we hit 8,000. SO PLAN YOUR PORTFOLIO STRATEGY ACCORDINGLY. Don’t become suckers in the hand of brokers / AMCs and business channels.
I still maintain my BANK NIFTY target of 14300 which will be probably met when NIFTY will go to 7200.
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 ? ? ?
JULY 2014 TRADING LEVELS are out on 2nd JULY . 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 |
7th / 11th july 2014 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
bse sensex |
short |
25830 |
25670/510/350/190/030/24970/810 |
25990 |
|
long |
26150 |
26310/470/630/790/950/27110 |
25990 |
|
|
CNX IT |
short |
9790 |
9705/620/535/450 |
9875 |
|
long |
9960 |
10045/130/215/300/385/470/555/640 |
9875 |
|
|
CNX AUTO |
short |
7100 |
x |
7175 |
|
long |
7175 |
x |
7100 |
|
|
CNX ENERGY |
short |
10030 |
x |
10140 |
|
long |
10140 |
x |
10030 |
|
|
CNX FMCG |
short |
17790 |
x |
17980 |
|
long |
17980 |
x |
17790 |
|
|
CNX INFRA |
short |
3450 |
x |
3490 |
|
long |
3490 |
x |
3450 |
|
|
CNX METAL |
short |
3340 |
x |
3385 |
|
long |
3385 |
x |
3340 |
|
|
CNX MIDCAP |
short |
11340 |
x |
11460 |
|
long |
11460 |
x |
11340 |
|
|
CNX PHARMA |
short |
8740 |
x |
8790 |
|
long |
8790 |
x |
8740 |
|
|
CNX PSU BANKS |
short |
3874 |
x |
3907 |
|
long |
3907 |
x |
3874 |
|
|
CNX REALTY |
short |
266 |
x |
268 |
|
long |
270 |
x |
268 |
World Commodities
|
weekly |
|
DATE |
7th / 11th july 2014 |
|
|
|
commodity |
go |
entry |
Target |
Stoploss |
|
|
gold |
short |
1316 |
1305/1295/84 |
1326 |
US$ / T ounce |
|
long |
1326 |
1337/47/58 |
1316 |
||
|
silver |
short |
21.11 |
20.9/20.69/20.48/20.27/20.06 |
21.32 |
US$ / T ounce |
|
long |
21.32 |
21.53/21.74/21.95 |
21.11 |
||
|
crude |
short |
103.4 |
102/100.6/99.2 |
104.8 |
US$ / barrel |
|
long |
104.8 |
106.2/107.6/09 |
103.4 |
||
|
nat gas |
short |
4.37 |
4.32/4.27/4.22 |
4.42 |
US$ / 10K MMBTU |
|
long |
4.42 |
4.47/4.52 |
4.37 |
||
|
copper |
short |
3.25 |
3.225/3.2/3.175/3.15 |
3.275 |
US$ / pound |
|
long |
3.275 |
3.3/3.325/3.35 |
3.25 |
||
|
sugar |
short |
470 |
466/62/58/54/50 |
474 |
US$ / tonne |
|
long |
474 |
478/82/86/90 |
470 |
|
always suggest to trade in the direction of nifty |
||||
|
intra levels |
|
DATE |
4th july 2014 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
7743 |
7722/017/7680/59/38 |
7764 |
|
long |
7764 |
7785/7806/7827 |
7743 |
|
|
bank nifty |
short |
15490 |
15440/390/340/290/240/190 |
15540 |
|
long |
15540 |
15590/640/690 |
15490 |
|
|
NTPC |
short |
157 |
156/55/54/53 |
158 |
|
long |
158 |
159/60/61/62 |
157 |
|
|
reliance |
short |
1005 |
998/91/84 |
1012 |
|
long |
1012 |
1019/26 |
1005 |
|
|
dabur |
short |
191.5 |
190/88.5 |
193 |
|
long |
193 |
194.5/96/97.5/99 |
191.5 |
|
|
glenmark |
short |
604 |
597/90 |
611 |
|
long |
611 |
618/25/32/39 |
604 |
|
