September 2014
|
PREFER TO TRADE IN THE DIRECTION OF NIFTY |
||||
|
intra levels |
|
DATE |
29th september 2014 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
7939 |
7923/06/890 |
7956 |
|
long |
7972 |
7989/8005 |
7956 |
|
|
bank nifty |
short |
15560 |
15460/360 |
15660 |
|
long |
15660 |
15760/860 |
15560 |
|
|
GSFC |
short |
92.5 |
91.5/90.5/89.5 |
93.5 |
|
long |
93.5 |
94.5/95.5/96.5 |
92.5 |
|
|
RELIANCE |
short |
928 |
921/14 |
935 |
|
long |
935 |
942/49/56 |
928 |
|
|
IDFC |
short |
141 |
139.5/38 |
142.5 |
|
long |
142.5 |
144/45.5/47 |
141 |
|
|
coal india |
short |
346 |
343/40 |
349 |
|
long |
349 |
352/55 |
346 |
|
|
PREFER TO TRADE IN THE DIRECTION OF NIFTY |
||||
|
intra levels |
|
DATE |
29th september 2014 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
7939 |
7923/06/890 |
7956 |
|
long |
7972 |
7989/8005 |
7956 |
|
|
bank nifty |
short |
15560 |
15460/360 |
15660 |
|
long |
15660 |
15760/860 |
15560 |
|
|
GSFC |
short |
92.5 |
91.5/90.5/89.5 |
93.5 |
|
long |
93.5 |
94.5/95.5/96.5 |
92.5 |
|
|
RELIANCE |
short |
928 |
921/14 |
935 |
|
long |
935 |
942/49/56 |
928 |
|
|
IDFC |
short |
141 |
139.5/38 |
142.5 |
|
long |
142.5 |
144/45.5/47 |
141 |
|
|
coal india |
short |
346 |
343/40 |
349 |
|
long |
349 |
352/55 |
346 |
|
|
POSN TRADING |
weekly |
DATE |
29th september / 1st october 2014 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
7980 |
7920/860/800/740/680 |
8040 |
|
long |
8040 |
8100/160/220/280 |
7980 |
|
|
bse sensex |
short |
26660 |
26460/260/060/25860/660 |
26860 |
|
long |
26860 |
27060/260/460 |
26660 |
|
|
BANK NIFTY |
Short |
15590 |
15400/210/020 |
15780 |
|
Long |
15780 |
15970/16160/350 |
15590 |
|
|
CNX IT |
short |
11130 |
11000/10870/740 |
11260 |
|
long |
11260 |
11390/520/650 |
11130 |
|
|
aurobindo |
Short |
875 |
765/54/44/33/23/12/02 |
886 |
|
Long |
886 |
896/907/17 |
875 |
|
|
axis bank |
Short |
388.5 |
385/81.5/78/74.5/71 |
392 |
|
Long |
392 |
395.5/99 |
388.5 |
|
|
BOB |
Short |
898 |
888/78/68/58/48 |
908 |
|
Long |
908 |
918/28/38/48 |
898 |
|
|
BHARTI |
Short |
408 |
403/398/93/88 |
413 |
|
Long |
413 |
418/23/28 |
408 |
|
|
CIPLA |
Short |
614 |
608/02/596/90 |
620 |
|
Long |
620 |
626/32/38 |
614 |
|
|
COAL INDIA |
Short |
347 |
342/37/32 |
349.5 |
|
Long |
352 |
357/62/67 |
349 |
|
|
dr reddys |
Short |
3217 |
3180/43/06 |
3254 |
|
Long |
3254 |
3291/3328/65 |
3217 |
|
|
glenmark pharma |
Short |
691 |
681/71/61/51 |
696 |
|
Long |
701 |
711/21/31 |
696 |
|
|
HCL TECH |
Short |
1710 |
1697/84/71/58/45 |
1723 |
|
long |
1723 |
1736/49/62 |
1710 |
|
|
HDFC |
Short |
1034 |
1022/10/998/86 |
1046 |
|
Long |
1046 |
1058/70/82 |
1034 |
|
|
hdfc bank |
Short |
865 |
853/41/29 |
871 |
|
Long |
877 |
889/901 |
871 |
|
|
HUL |
Short |
751 |
742/33/24/15 |
760 |
|
Long |
760 |
769/78/87 |
751 |
|
|
ICICI BANK |
Short |
1479 |
1457/35/13/1391/69 |
1490 |
|
Long |
1501 |
1523/45/67/89 |
1490 |
|
|
IDEA |
Short |
166 |
164/62/60/58/56 |
168 |
|
long |
168 |
170/72/74/76 |
166 |
|
|
IDFC |
Short |
142.5 |
140.75/39/37.25/35.5 |
144.25 |
|
Long |
144.25 |
146/47.75/49.5 |
142.5 |
|
|
INFOSYS |
Short |
3684 |
3652/20/3588/56/24 |
3716 |
|
long |
3716 |
3748/80/812 |
3684 |
|
|
ITC |
Short |
372 |
369/66/63/60/57/54/51/48 |
375 |
|
Long |
375 |
378/81/84 |
372 |
|
|
LT |
Short |
1470 |
1448/26/04 |
1481 |
|
Long |
1492 |
1514/36/58/80 |
1481 |
|
|
M&M |
Short |
1398 |
1384/70/56/42 |
1412 |
|
Long |
1412 |
1426/40 |
1398 |
|
|
MARUTI |
Short |
3035 |
3108/080/053/025/2998/2970 |
3063 |
|
Long |
3063 |
3090/118/145 |
3035 |
|
|
ONGC |
Short |
413.5 |
410/06.5/03/399.5/96 |
417 |
|
long |
417 |
520.5/24/27.5/31 |
413.5 |
|
|
RELIANCE |
Short |
935 |
922/09 |
941.5 |
|
long |
948 |
961/74 |
941.5 |
|
|
SESA |
Short |
275 |
272.5/70/67.5/65/62.5/60 |
277.5 |
|
Long |
277.5 |
280/82.5/85 |
275 |
|
|
SBI |
Short |
2440 |
2420/2400/2380/60/40/20 |
2460 |
|
Long |
2480 |
2500/2520/40/60 |
2460 |
|
|
sun pharma |
Short |
807 |
797/87/77/67/57/47 |
817 |
|
Long |
817 |
827/37/47 |
807 |
|
|
TATAMOTORS |
Short |
514 |
509.5/05/500.5/496/91.5/87 |
518.5 |
|
Long |
518.5 |
523/27.5/32/36.5/41 |
514 |
|
|
TATASTEEL |
Short |
473.5 |
468/62.5/57/51.5/46/40.5 |
479 |
|
Long |
479 |
484.5/90/95.5/501 |
473.5 |
|
|
TCS |
Short |
2688 |
2664/40/16/592/68/44 |
2712 |
|
Long |
2712 |
2736/60/84 |
2688 |
|
|
tech mahindra |
Short |
2474 |
2451/28/05/2372/49/26/03 |
2485 |
|
Long |
2497 |
2520/43/66 |
2485 |
|
|
ULTRATECH |
Short |
2631 |
2592/53/14/475/36 |
2651 |
|
Long |
2670 |
2709/48 |
2651 |
|
|
VOLTAS |
Short |
235 |
232/29/26/23/20/17/14/11 |
238 |
|
Long |
238 |
241/44/47/50 |
235 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
7960 |
x |
8030 |
|
long |
8030 |
x |
7960 |
|
|
CNX ENERGY |
short |
9245 |
x |
9330 |
|
long |
9330 |
x |
9245 |
|
|
CNX FMCG |
short |
19810 |
x |
19990 |
|
long |
19990 |
x |
19810 |
|
|
CNX INFRA |
short |
3044 |
x |
3082 |
|
long |
3082 |
x |
3044 |
|
|
CNX METAL |
short |
2920 |
x |
2940 |
|
long |
2960 |
x |
2940 |
|
|
CNX MIDCAP |
short |
11350 |
x |
11475 |
|
long |
11475 |
x |
11350 |
|
|
CNX PHARMA |
short |
10520 |
x |
10610 |
|
long |
10610 |
x |
10520 |
|
|
CNX PSU BANKS |
short |
3410 |
x |
3445 |
|
long |
3445 |
x |
3410 |
|
|
CNX REALTY |
short |
210 |
x |
212 |
|
long |
214 |
x |
212 |
|
MY WEEKLY TAKE ....
MARKET WEAKENS – CHINKS SURFACING - IS IT ?
Trading levels --- 29th September / 1st October 2014
Week opened fairly strong with NIFTY making all time closing high. But the trend reversed completely on following day showing ENGULFING BEAR pattern. Next two days was logical follow-up. Downtrend continued even on Friday till a positive news from S&P lifted spirits of the bulls.
Supreme court delivered coal scam final verdict mid-week and that was like letting cat amongst pigeons as far as metals / midcaps and bank stocks were concerned. Huge falls were seen – which was only expected – and the technicals are now indicating a SHORT TERM DOWNTREND which means sell on rise market instead of buy on dips.
Last week I had said the undertone was extremely bullish but it has significantly moderated in one week. Bulls have come to terms to appreciate that SOMETHINGS CAN GO WRONG.
Most world markets have shown topping out patterns in last two weeks while we continued to march ahead. Last time this happened was in OCTOBER / NOVEMBER 2007 and we know what followed in JANUARY 2008. So, it is prudent to take 30/40 % cash off the table and wait for good investment opportunity again.
I did make a small profit on my 8100 puts during the week and now I am carrying longs in RELIANCE and IDFC which corrected excessively on Thursday and Friday. Even a small bounce on Monday morning will give me a decent return.
Next week is a 3 trading day week followed by a very long – 5 day weekend . Bulls are well advised to trim their positions to minimum since the global markets are dithering.
As I always say, we have to play percentages to make money. Bold bravado or blind consensus following does not help. I HAVE JUST GIVEN YOU SOME FOOD FOR YOUR GREY CELLS. WHAT DO YOU SAY ? ? ?
OCTOBER 2014 TRADING LEVELS will be out over the long weekend. 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 |
29th september / 1st october 2014 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
bse sensex |
short |
26660 |
26460/260/060/25860/660 |
26860 |
|
long |
26860 |
27060/260/460 |
26660 |
|
|
CNX IT |
short |
11130 |
11000/10870/740 |
11260 |
|
long |
11260 |
11390/520/650 |
11130 |
|
|
CNX AUTO |
short |
7960 |
x |
8030 |
|
long |
8030 |
x |
7960 |
|
|
CNX ENERGY |
short |
9245 |
x |
9330 |
|
long |
9330 |
x |
9245 |
|
|
CNX FMCG |
short |
19810 |
x |
19990 |
|
long |
19990 |
x |
19810 |
|
|
CNX INFRA |
short |
3044 |
x |
3082 |
|
long |
3082 |
x |
3044 |
|
|
CNX METAL |
short |
2920 |
x |
2940 |
|
long |
2960 |
x |
2940 |
|
|
CNX MIDCAP |
short |
11350 |
x |
11475 |
|
long |
11475 |
x |
11350 |
|
|
CNX PHARMA |
short |
10520 |
x |
10610 |
|
long |
10610 |
x |
10520 |
|
|
CNX PSU BANKS |
short |
3410 |
x |
3445 |
|
long |
3445 |
x |
3410 |
|
|
CNX REALTY |
short |
210 |
x |
212 |
|
long |
214 |
x |
212 |
|
PREFER TO TRADE IN THE DIRECTION OF NIFTY |
||||
|
intra levels |
|
DATE |
26th september 2014 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
7894 |
7976/60/44/28/12 |
7910 |
|
long |
7926 |
8040/56/72/88 |
7910 |
|
|
bank nifty |
short |
15290 |
15185/080 |
15395 |
|
long |
15395 |
15500/605/710 |
15290 |
|
|
SBI |
short |
2378 |
2358/38/18 |
2398 |
|
long |
2398 |
2418/38 |
2378 |
|
|
RELIANCE |
short |
931 |
927/23/19/15 |
935 |
|
long |
939 |
943/47/51 |
935 |
|
|
TCS |
short |
2699 |
2677/55/33/11 |
2722 |
|
long |
2722 |
2745/68/91 |
2699 |
|
|
tata steel |
short |
459 |
456/53/50/47/44 |
462 |
|
long |
465 |
468/71/74 |
462 |
|
