January 2015
|
PREFER TO TRADE IN THE DIRECTION OF NIFTY |
||||
|
intra levels |
|
DATE |
5th january 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
8386 |
8365/44/23/02 |
8407 |
|
long |
8407 |
8428/49/70 |
8386 |
|
|
bank nifty |
short |
18875 |
18760/645/530/415/300 |
19090 |
|
long |
19090 |
19205/320/435 |
18875 |
|
|
bajaj corp |
short |
396.5 |
391/85.5/80/74.5/69/63.5/58 |
402 |
|
long |
402 |
407.5/13/18.5/24 |
396.5 |
|
|
axis bank |
short |
512.5 |
508.5/04.5/500.5 |
516.5 |
|
long |
516.5 |
520.5/24.5/28.5 |
512.5 |
|
|
persistant |
short |
1874 |
1859/44/29/14 |
1889 |
|
long |
1889 |
1901/16/31/46 |
1874 |
|
|
lic hsg fin |
short |
466 |
462/58/54/50 |
470 |
|
long |
470 |
474/78/82 |
466 |
|
|
PREFER TO TRADE IN THE DIRECTION OF NIFTY |
||||
|
intra levels |
|
DATE |
5th january 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
8386 |
8365/44/23/02 |
8407 |
|
long |
8407 |
8428/49/70 |
8386 |
|
|
bank nifty |
short |
18875 |
18760/645/530/415/300 |
19090 |
|
long |
19090 |
19205/320/435 |
18875 |
|
|
bajaj corp |
short |
396.5 |
391/85.5/80/74.5/69/63.5/58 |
402 |
|
long |
402 |
407.5/13/18.5/24 |
396.5 |
|
|
axis bank |
short |
512.5 |
508.5/04.5/500.5 |
516.5 |
|
long |
516.5 |
520.5/24.5/28.5 |
512.5 |
|
|
persistant |
short |
1874 |
1859/44/29/14 |
1889 |
|
long |
1889 |
1901/16/31/46 |
1874 |
|
|
lic hsg fin |
short |
466 |
462/58/54/50 |
470 |
|
long |
470 |
474/78/82 |
466 |
|
|
POSN TRADING |
weekly |
DATE |
5th / 9th january 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
8395 |
8305/215/125 |
8485 |
|
long |
8485 |
8575/8665 |
8395 |
|
|
bse sensex |
short |
27860 |
27540/220/26900 |
28180 |
|
long |
28180 |
28500/820 |
27860 |
|
|
BANK NIFTY |
Short |
18800 |
18540/280/020/17760/17500 |
18930 |
|
Long |
19060 |
19320/580 |
18930 |
|
|
CNX IT |
short |
11380 |
11295/210/125/040/10955 |
11465 |
|
long |
11465 |
11550/635/720 |
11380 |
|
|
aurobindo |
Short |
1125 |
1112/1099/86/73/60 |
1138 |
|
Long |
1138 |
1151/64 |
1125 |
|
|
axis bank |
Short |
509 |
501/493/85/77/69/61 |
513 |
|
Long |
517 |
525/33 |
513 |
|
|
BOB |
Short |
1091 |
1082/73/64/55/46/37/28/19/10 |
1100 |
|
Long |
1100 |
1109/18/27/36 |
1091 |
|
|
BHARAT FORGE |
Short |
941 |
934/27/20/13/06/899/92/85 |
948 |
|
Long |
948 |
955/62 |
941 |
|
|
BHARTI |
Short |
366 |
363/60/57/54/51/48/45/42 |
369 |
|
Long |
369 |
372/75/78 |
366 |
|
|
CIPLA |
Short |
629 |
622.5/16/09.5/03 |
636.5 |
|
Long |
636.5 |
644/50.5 |
629 |
|
|
COAL INDIA |
Short |
381 |
376.5/72/67.5/63/58.5/54 |
385.5 |
|
Long |
385.5 |
390/94.5/99 |
381 |
|
|
dr reddys |
Short |
3187 |
3144/01/3058/15 |
3230 |
|
Long |
3230 |
3273/316 |
3187 |
|
|
glenmark pharma |
Short |
769 |
760/52/43/35/26/18 |
777 |
|
Long |
777 |
786/94 |
769 |
|
|
HCL TECH |
Short |
1610 |
1595/80/65/50/35/20/05 |
1625 |
|
long |
1625 |
1640/55 |
1610 |
|
|
HDFC |
Short |
1164 |
1154/44/34/24/14/04/1094/84/74/64 |
1174 |
|
Long |
1174 |
1184/94 |
1164 |
|
|
hdfc bank |
Short |
960 |
952/44/36/28/20/12/04 |
968 |
|
Long |
968 |
976/84/92 |
960 |
|
|
HUL |
Short |
753 |
746/39/32/25/18/11 |
760 |
|
Long |
760 |
767/74/81/88 |
753 |
|
|
ICICI BANK |
Short |
361 |
357/53/49/45/41/37/33/29 |
365 |
|
Long |
365 |
369/73/77 |
361 |
|
|
IDEA |
Short |
160 |
157.5/55/52.5/50 |
161.25 |
|
long |
162.5 |
165/67.5/70 |
161.25 |
|
|
IDFC |
Short |
158.5 |
156.25/55/53.75/52.5 |
159.75 |
|
Long |
159.75 |
161/62.25/63.5 |
158.5 |
|
|
INFOSYS |
Short |
2014 |
1992/70/48/26/04 |
2036 |
|
long |
2036 |
2058/80/2102 |
2014 |
|
|
ITC |
Short |
369 |
365/61/57/53/49/45 |
373 |
|
Long |
373 |
377/81/85/89 |
369 |
|
|
LIC HSG |
Short |
469 |
464.5/460/55.5/51 |
473.5 |
|
long |
473.5 |
478/82.5/87 |
469 |
|
|
LT |
Short |
1526 |
1507/1488/69/50 |
1545 |
|
Long |
1545 |
1564/83 |
1526 |
|
|
M&M |
Short |
1213 |
1195/77/59/41/23/05 |
1222 |
|
Long |
1231 |
1249/67 |
1222 |
|
|
MARUTI |
Short |
3375 |
3335/295/255/215/175/135/095 |
3415 |
|
Long |
3415 |
3455/95 |
3375 |
|
|
ONGC |
Short |
350 |
346.5/43/39.5/36/32.5/29 |
353.5 |
|
long |
353.5 |
357/60.5/64 |
350 |
|
|
RELIANCE |
Short |
891 |
884/77/70/63/56/49/42 |
898 |
|
long |
898 |
905/12/19/26 |
891 |
|
|
SBI |
Short |
317 |
314/11/08/05/02/299/96/93/90/87/84 |
320 |
|
Long |
320 |
323/26/29 |
320 |
|
|
sun pharma |
Short |
824 |
815/06/797/88 |
833 |
|
Long |
833 |
842/51/60 |
824 |
|
|
TATAMOTORS |
Short |
511 |
502/493/84/75/66/57 |
515.5 |
|
Long |
520 |
529/38 |
515.5 |
|
|
TATASTEEL |
Short |
409 |
403.5/398/92.5/87/81.5/76 |
414.5 |
|
Long |
414.5 |
420/25.5/31 |
409 |
|
|
TCS |
Short |
2574 |
2535/496/457/418 |
2593 |
|
Long |
2613 |
2652/91 |
2593 |
|
|
VOLTAS |
Short |
246 |
244/42/40/38/36/34/32/30/28/26/24 |
248 |
|
Long |
248 |
250/52/54/56/58/60 |
246 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
8350 |
x |
8450 |
|
long |
8450 |
x |
8350 |
|
|
CNX ENERGY |
short |
8650 |
x |
8775 |
|
long |
8775 |
x |
8650 |
|
|
CNX FMCG |
short |
20030 |
x |
20280 |
|
long |
20280 |
x |
20030 |
|
|
CNX INFRA |
short |
3100 |
x |
3135 |
|
long |
3135 |
x |
3100 |
|
|
CNX METAL |
short |
2705 |
x |
2725 |
|
long |
2745 |
x |
2725 |
|
|
CNX MIDCAP |
short |
12670 |
x |
12800 |
|
long |
12800 |
x |
12670 |
|
|
CNX PHARMA |
short |
10990 |
x |
11110 |
|
long |
11110 |
x |
10990 |
|
|
CNX PSU BANKS |
short |
4295 |
x |
4335 |
|
long |
4335 |
x |
4295 |
|
|
CNX REALTY |
short |
205.5 |
x |
208.25 |
|
long |
208.25 |
x |
205.5 |
|
|
POSN TRADING |
weekly |
DATE |
5th / 9th january 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
8395 |
8305/215/125 |
8485 |
|
long |
8485 |
8575/8665 |
8395 |
|
|
bse sensex |
short |
27860 |
27540/220/26900 |
28180 |
|
long |
28180 |
28500/820 |
27860 |
|
|
BANK NIFTY |
Short |
18800 |
18540/280/020/17760/17500 |
18930 |
|
Long |
19060 |
19320/580 |
18930 |
|
|
CNX IT |
short |
11380 |
11295/210/125/040/10955 |
11465 |
|
long |
11465 |
11550/635/720 |
11380 |
|
|
aurobindo |
Short |
1125 |
1112/1099/86/73/60 |
1138 |
|
Long |
1138 |
1151/64 |
1125 |
|
|
axis bank |
Short |
509 |
501/493/85/77/69/61 |
513 |
|
Long |
517 |
525/33 |
513 |
|
|
BOB |
Short |
1091 |
1082/73/64/55/46/37/28/19/10 |
1100 |
|
Long |
1100 |
1109/18/27/36 |
1091 |
|
|
BHARAT FORGE |
Short |
941 |
934/27/20/13/06/899/92/85 |
948 |
|
Long |
948 |
955/62 |
941 |
|
|
BHARTI |
Short |
366 |
363/60/57/54/51/48/45/42 |
369 |
|
Long |
369 |
372/75/78 |
366 |
|
|
CIPLA |
Short |
629 |
622.5/16/09.5/03 |
636.5 |
|
Long |
636.5 |
644/50.5 |
629 |
|
|
COAL INDIA |
Short |
381 |
376.5/72/67.5/63/58.5/54 |
385.5 |
|
Long |
385.5 |
390/94.5/99 |
381 |
|
|
dr reddys |
Short |
3187 |
3144/01/3058/15 |
3230 |
|
Long |
3230 |
3273/316 |
3187 |
|
|
glenmark pharma |
Short |
769 |
760/52/43/35/26/18 |
777 |
|
Long |
777 |
786/94 |
769 |
|
|
HCL TECH |
Short |
1610 |
1595/80/65/50/35/20/05 |
1625 |
|
long |
1625 |
1640/55 |
1610 |
|
|
HDFC |
Short |
1164 |
1154/44/34/24/14/04/1094/84/74/64 |
1174 |
|
Long |
1174 |
1184/94 |
1164 |
|
|
hdfc bank |
Short |
960 |
952/44/36/28/20/12/04 |
968 |
|
Long |
968 |
976/84/92 |
960 |
|
|
HUL |
Short |
753 |
746/39/32/25/18/11 |
760 |
|
Long |
760 |
767/74/81/88 |
753 |
|
|
ICICI BANK |
Short |
361 |
357/53/49/45/41/37/33/29 |
365 |
|
Long |
365 |
369/73/77 |
361 |
|
|
IDEA |
Short |
160 |
157.5/55/52.5/50 |
161.25 |
|
long |
162.5 |
165/67.5/70 |
161.25 |
|
|
IDFC |
Short |
158.5 |
156.25/55/53.75/52.5 |
159.75 |
|
Long |
159.75 |
161/62.25/63.5 |
158.5 |
|
|
INFOSYS |
Short |
2014 |
1992/70/48/26/04 |
2036 |
|
long |
2036 |
2058/80/2102 |
2014 |
|
|
ITC |
Short |
369 |
365/61/57/53/49/45 |
373 |
|
Long |
373 |
377/81/85/89 |
369 |
|
|
LIC HSG |
Short |
469 |
464.5/460/55.5/51 |
473.5 |
|
long |
473.5 |
478/82.5/87 |
469 |
|
|
LT |
Short |
1526 |
1507/1488/69/50 |
1545 |
|
Long |
1545 |
1564/83 |
1526 |
|
|
M&M |
Short |
1213 |
1195/77/59/41/23/05 |
1222 |
|
Long |
1231 |
1249/67 |
1222 |
|
|
MARUTI |
Short |
3375 |
3335/295/255/215/175/135/095 |
3415 |
|
Long |
3415 |
3455/95 |
3375 |
|
|
ONGC |
Short |
350 |
346.5/43/39.5/36/32.5/29 |
353.5 |
|
long |
353.5 |
357/60.5/64 |
350 |
|
|
RELIANCE |
Short |
891 |
884/77/70/63/56/49/42 |
898 |
|
long |
898 |
905/12/19/26 |
891 |
|
|
SBI |
Short |
317 |
314/11/08/05/02/299/96/93/90/87/84 |
320 |
|
Long |
320 |
323/26/29 |
320 |
|
|
sun pharma |
Short |
824 |
815/06/797/88 |
833 |
|
Long |
833 |
842/51/60 |
824 |
|
|
TATAMOTORS |
Short |
511 |
502/493/84/75/66/57 |
515.5 |
|
Long |
520 |
529/38 |
515.5 |
|
|
TATASTEEL |
Short |
409 |
403.5/398/92.5/87/81.5/76 |
414.5 |
|
Long |
414.5 |
420/25.5/31 |
409 |
|
|
TCS |
Short |
2574 |
2535/496/457/418 |
2593 |
|
Long |
2613 |
2652/91 |
2593 |
|
|
VOLTAS |
Short |
246 |
244/42/40/38/36/34/32/30/28/26/24 |
248 |
|
Long |
248 |
250/52/54/56/58/60 |
246 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
8350 |
x |
8450 |
|
long |
8450 |
x |
8350 |
|
|
CNX ENERGY |
short |
8650 |
x |
8775 |
|
long |
8775 |
x |
8650 |
|
|
CNX FMCG |
short |
20030 |
x |
20280 |
|
long |
20280 |
x |
20030 |
|
|
CNX INFRA |
short |
3100 |
x |
3135 |
|
long |
3135 |
x |
3100 |
|
|
CNX METAL |
short |
2705 |
x |
2725 |
|
long |
2745 |
x |
2725 |
|
|
CNX MIDCAP |
short |
12670 |
x |
12800 |
|
long |
12800 |
x |
12670 |
|
|
CNX PHARMA |
short |
10990 |
x |
11110 |
|
long |
11110 |
x |
10990 |
|
|
CNX PSU BANKS |
short |
4295 |
x |
4335 |
|
long |
4335 |
x |
4295 |
|
|
CNX REALTY |
short |
205.5 |
x |
208.25 |
|
long |
208.25 |
x |
205.5 |
|
MY WEEEKLY TAKE ....
PRE-EMPTING BOLD BANKING REFORMS ….
Trading levels --- 5th / 9th JANUARY 2015
HAPPY NEW YEAR 2015
PM Narendra Modi last week announced that he will be attending a 2 day banking conclave being held in Pune on 2nd and 3rd January. That has energized the marketmen no end. The air is pregnant with big bang banking reform announcement which may be made at the end of the conclave.
The reality is that these reforms – like mergers of PSU banks etc if announced will be more like a FDI in retail announcement which happened in September 2012. Still nothing has happened on the ground. Same way, the government will have to overcome so many regulatory hurdles / extremely stiff resistance from one of the strongest unions – which can potentially cripple the nation.
So, Market may catapult by 200 NIFTY points on Monday morning – if the expectations come true --- or may lose 400 points on opening with bank nifty taking a knock of over 5 / 7 %.
All said and done …. The fact remains that the MODI government is getting jittery day by day as 7 months have passed and the economy still seems to be in a deeper rut that BJP economic think tank has thought of. They are running out of ideas and this banking conclave may be one of the last 2/3 major initiatives that will be tried out.
In fact, I only hope that under the mad pressure being applied by industry captains to pump prime the economy, PM and FM should not commit to some hara-kiri - something similar to what the UPA government was blamed for.
BJP has not shown the requisite floor management skills which were required in Rajyasabha and that is why they had to issue 3 important ordinances within days of the expiry of parliament session. President has agreed to play the ball with MODI cabinet this time but he may not do so on every occasion.
I only hope that the outcome of this banking conclave does not repeat the saga of REL-POWER issue when market moved up in a crescendo to peter out subsequently.
BRENT crude has slipped below 60 dollars and indications are that within next 6 / 8 weeks it may go to 50 dollars or even lower. If that level is held for 4 to 6 months, we may have lot of economic trouble for countries which are dependent on CRUDE OIL exports. Some of them may even default on their international commitments which will cause a bout of all round panic in financial world – of much bigger proportion than even LEHMAN crisis. I EXPECT GOLD TO MOVE UP SIGNIFICANTLY FOR ABOVE REASONS.
WE DID FILL THE GAPS I MENTIONEDLAST WEEK. THE REMAINING GAPS WILL TAKE PROBABLY 3 TO 4 WEEKS MORE TO FILL UP – PROBABLY AFTER SOME REALSISATION OF THE ACTUAL MACRO PICTURE.
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 ? ? ?
DECEMBER 2014 TRADING LEVELS are out over 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 - even for Mr Buffet 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 |
5th / 9th january 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
bse sensex |
short |
27860 |
27540/220/26900 |
28180 |
|
long |
28180 |
28500/820 |
27860 |
|
|
CNX IT |
short |
11380 |
11295/210/125/040/10955 |
11465 |
|
long |
11465 |
11550/635/720 |
11380 |
|
|
CNX AUTO |
short |
8350 |
x |
8450 |
|
long |
8450 |
x |
8350 |
|
|
CNX ENERGY |
short |
8650 |
x |
8775 |
|
long |
8775 |
x |
8650 |
|
|
CNX FMCG |
short |
20030 |
x |
20280 |
|
long |
20280 |
x |
20030 |
|
|
CNX INFRA |
short |
3100 |
x |
3135 |
|
long |
3135 |
x |
3100 |
|
|
CNX METAL |
short |
2705 |
x |
2725 |
|
long |
2745 |
x |
2725 |
|
|
CNX MIDCAP |
short |
12670 |
x |
12800 |
|
long |
12800 |
x |
12670 |
|
|
CNX PHARMA |
short |
10990 |
x |
11110 |
|
long |
11110 |
x |
10990 |
|
|
CNX PSU BANKS |
short |
4295 |
x |
4335 |
|
long |
4335 |
x |
4295 |
|
|
CNX REALTY |
short |
205.5 |
x |
208.25 |
|
long |
208.25 |
x |
205.5 |
