September 2015
|
PREFER TO TRADE IN THE DIRECTION OF NIFTY |
||||
|
intra levels |
|
DATE |
7th september 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
7659 |
7626/7593/60 |
7692 |
|
long |
7692 |
7725/58/91 |
7659 |
|
|
bank nifty |
short |
16130 |
16040/15950/860/770/680 |
16220 |
|
long |
16220 |
16310/400/490/580 |
16130 |
|
|
cnx it |
short |
11420 |
11370/320/270/220 |
11470 |
|
long |
11470 |
11520/570/620/670 |
11420 |
|
|
axis bank |
short |
470 |
465.5/61/56.5/52 |
474.5 |
|
long |
474.5 |
479/83.5/88 |
470 |
|
|
SUN PHARMA |
short |
859 |
853/47/41/35 |
865 |
|
long |
865 |
871/77/83/89 |
859 |
|
|
REC |
short |
237 |
234/31/28 |
238.5 |
|
long |
240 |
243/46 |
238.5 |
|
|
GAIL |
short |
281 |
279/77/75/73/71/69 |
283 |
|
long |
283 |
285/87 |
281 |
|
|
POSN TRADING |
weekly |
DATE |
7th / 11th september 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
7675 |
7570/465/360/255 |
7780 |
|
long |
7780 |
7885/7890/7995/8100 |
7675 |
|
|
bse sensex |
short |
25270 |
24930/590/250/23910 |
25610 |
|
long |
25610 |
25950/26290/630/970 |
25270 |
|
|
BANK NIFTY |
Short |
16090 |
15870/650/430/210/14990 |
16310 |
|
Long |
16310 |
16530/750/970 |
16090 |
|
|
CNX IT |
short |
11375 |
11225/075/10925 |
11525 |
|
long |
11525 |
11675/825 |
11375 |
|
|
POSN TRADING |
weekly |
DATE |
7th / 11th september 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
7675 |
7570/465/360/255 |
7780 |
|
long |
7780 |
7885/7890/7995/8100 |
7675 |
|
|
bse sensex |
short |
25270 |
24930/590/250/23910 |
25610 |
|
long |
25610 |
25950/26290/630/970 |
25270 |
|
|
BANK NIFTY |
Short |
16090 |
15870/650/430/210/14990 |
16310 |
|
Long |
16310 |
16530/750/970 |
16090 |
|
|
CNX IT |
short |
11375 |
11225/075/10925 |
11525 |
|
long |
11525 |
11675/825 |
11375 |
|
|
aurobindo |
Short |
721 |
712/03/694/85/76/67 |
730 |
|
Long |
730 |
739/48/57/66 |
721 |
|
|
axis bank |
Short |
467.5 |
462/56.5/51/45.5/40/34.5/29 |
472 |
|
Long |
472 |
477.5/83/88.5/94 |
467.5 |
|
|
BHARAT FORGE |
Short |
1082 |
1070/58/46/34/22/10 |
1094 |
|
Long |
1094 |
1106/18/30/42 |
1082 |
|
|
BOB |
Short |
174 |
172/70/68/66/64/62/60 |
176 |
|
Long |
176 |
178/80/82/84/86/88 |
174 |
|
|
BHARTI |
Short |
349 |
344.5/40/35.5/31/26.5/22 |
353.5 |
|
Long |
353.5 |
358/62.5/67 |
349 |
|
|
canara bank |
Short |
255 |
252/49.5/46.5/44/41/38.5/35.4/33 |
257.5 |
|
Long |
257.5 |
260.5/63/65.5/68.5/71/74 |
255 |
|
|
CIPLA |
Short |
647 |
641/35/29/23/17/11 |
653 |
|
Long |
653 |
659/65/71/77/83/89 |
647 |
|
|
COAL INDIA |
Short |
347.5 |
343.5/39.5/35.4/31.5/27.5/23.5/19.5 |
351.5 |
|
Long |
351.5 |
355.5/59.5/63.5/67.5/71.5 |
347.5 |
|
|
dr reddys |
Short |
4045 |
3990/35/880/825/770 |
4100 |
|
Long |
4100 |
4155/210/265/320 |
4045 |
|
|
HDFC |
Short |
1144 |
1127/10/1093/76/59/42 |
1152 |
|
Long |
1161 |
1178/95/1212 |
1152 |
|
|
hdfc bank |
Short |
991 |
982/73/64/55 |
1000 |
|
Long |
1009 |
1018/27/36 |
1000 |
|
|
HUL |
Short |
831 |
822/13/04/795/86 |
840 |
|
Long |
840 |
849/58/67/76 |
831 |
|
|
ICICI BANK |
Short |
258 |
253/48/43/38/33 |
260.5 |
|
Long |
263 |
268/73/78/83 |
260.5 |
|
|
IDEA |
Short |
148 |
144/40/36/32 |
150 |
|
long |
152 |
156/60/64 |
150 |
|
|
IDFC |
Short |
129 |
126/23/20/17/14 |
130.5 |
|
Long |
132 |
135/38/41/44/47/50 |
130.5 |
|
|
INFOSYS |
Short |
1063 |
1054/44/35/25/16/06 |
1073 |
|
long |
1082 |
11092/1101/11/20 |
1073 |
|
|
ITC |
Short |
315 |
311/07/03/299 |
319 |
|
Long |
319 |
323/27/31/35 |
315 |
|
|
LIC HSG |
Short |
412 |
405/398/91/84/77/70 |
415.5 |
|
long |
419 |
426/33/40/47 |
415.5 |
|
|
LT |
Short |
1529 |
1500/1471/42/13/1384 |
1544 |
|
Long |
1558 |
1587/1616/45 |
1544 |
|
|
M SUMI |
Short |
292 |
284/76/68/60 |
296 |
|
long |
300 |
308/16/24 |
296 |
|
|
M&M |
Short |
1114 |
1095/76/57/38/19/1000 |
1124 |
|
Long |
1133 |
1152/71/90 |
1124 |
|
|
MARUTI |
Short |
4060 |
4016/3972/28/3884/40 |
4104 |
|
Long |
4148 |
4192/236/280 |
4104 |
|
|
ONGC |
Short |
225 |
221/17/13/09/05/01 |
227 |
|
long |
229 |
233/37/41/45/49 |
227 |
|
|
PNB |
Short |
130.5 |
129/27.5/26/24.5/23/21.5/20 |
132 |
|
Long |
133.5 |
135/36.5/38/39.5/41 |
132 |
|
|
RELIANCE |
Short |
829 |
818/07/796/85 |
840 |
|
long |
851 |
862/73/84/95 |
840 |
|
|
SBI |
Short |
225.5 |
223/20.5/18/15.5/13/10.5/08/05.5/03 |
228 |
|
Long |
230.5 |
233/35.5/38/40.5/43 |
228 |
|
|
sun pharma |
Short |
853 |
842/31/20/09/798 |
864 |
|
Long |
864 |
875/86 |
853 |
|
|
TATAMOTORS |
Short |
323 |
317/11/05/299 |
326 |
|
Long |
329 |
335/41/47 |
326 |
|
|
TATASTEEL |
Short |
219 |
215/11/07/03/199 |
221 |
|
Long |
223 |
227/31/35/39 |
221 |
|
|
TCS |
Short |
2558 |
2521/2484/47/10 |
2576 |
|
Long |
2595 |
2632/69/706/43 |
2576 |
|
|
tech mahindra |
Short |
532 |
525/18/11/04/497/90 |
539 |
|
Long |
539 |
546/53/60 |
532 |
|
|
ULTRATECH |
Short |
2902 |
2873/44/15/2786/57/28/2699 |
2931 |
|
Long |
2960 |
2989/028/47/76 |
2931 |
|
|
VOLTAS |
Short |
253.5 |
250.5/48/45 / 42.5/39.5/37 |
256 |
|
Long |
256 |
259/61.5/64.5/67 |
253.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
7585 |
x |
7675 |
|
long |
7675 |
x |
7585 |
|
|
CNX ENERGY |
short |
7325 |
x |
7400 |
|
long |
7400 |
x |
7325 |
|
|
CNX FMCG |
short |
19600 |
x |
19800 |
|
long |
19800 |
x |
19600 |
|
|
CNX INFRA |
short |
2826 |
x |
2848 |
|
long |
2848 |
x |
2826 |
|
|
CNX METAL |
short |
1743 |
x |
1762 |
|
long |
1762 |
x |
1743 |
|
|
CNX MIDCAP |
short |
12560 |
x |
12640 |
|
long |
12720 |
x |
12640 |
|
|
CNX PHARMA |
short |
12490 |
x |
12600 |
|
long |
12600 |
x |
12490 |
|
|
CNX PSU BANKS |
short |
2915 |
x |
2955 |
|
long |
2955 |
x |
2915 |
|
|
CNX REALTY |
short |
158 |
x |
160 |
|
long |
162 |
x |
160 |
|
|
POSN TRADING |
weekly |
DATE |
7th / 11th september 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
7675 |
7570/465/360/255 |
7780 |
|
long |
7780 |
7885/7890/7995/8100 |
7675 |
|
|
bse sensex |
short |
25270 |
24930/590/250/23910 |
25610 |
|
long |
25610 |
25950/26290/630/970 |
25270 |
|
|
BANK NIFTY |
Short |
16090 |
15870/650/430/210/14990 |
16310 |
|
Long |
16310 |
16530/750/970 |
16090 |
|
|
CNX IT |
short |
11375 |
11225/075/10925 |
11525 |
|
long |
11525 |
11675/825 |
11375 |
|
|
aurobindo |
Short |
721 |
712/03/694/85/76/67 |
730 |
|
Long |
730 |
739/48/57/66 |
721 |
|
|
axis bank |
Short |
467.5 |
462/56.5/51/45.5/40/34.5/29 |
472 |
|
Long |
472 |
477.5/83/88.5/94 |
467.5 |
|
|
BHARAT FORGE |
Short |
1082 |
1070/58/46/34/22/10 |
1094 |
|
Long |
1094 |
1106/18/30/42 |
1082 |
|
|
BOB |
Short |
174 |
172/70/68/66/64/62/60 |
176 |
|
Long |
176 |
178/80/82/84/86/88 |
174 |
|
|
BHARTI |
Short |
349 |
344.5/40/35.5/31/26.5/22 |
353.5 |
|
Long |
353.5 |
358/62.5/67 |
349 |
|
|
canara bank |
Short |
255 |
252/49.5/46.5/44/41/38.5/35.4/33 |
257.5 |
|
Long |
257.5 |
260.5/63/65.5/68.5/71/74 |
255 |
|
|
CIPLA |
Short |
647 |
641/35/29/23/17/11 |
653 |
|
Long |
653 |
659/65/71/77/83/89 |
647 |
|
|
COAL INDIA |
Short |
347.5 |
343.5/39.5/35.4/31.5/27.5/23.5/19.5 |
351.5 |
|
Long |
351.5 |
355.5/59.5/63.5/67.5/71.5 |
347.5 |
|
|
dr reddys |
Short |
4045 |
3990/35/880/825/770 |
4100 |
|
Long |
4100 |
4155/210/265/320 |
4045 |
|
|
HDFC |
Short |
1144 |
1127/10/1093/76/59/42 |
1152 |
|
Long |
1161 |
1178/95/1212 |
1152 |
|
|
hdfc bank |
Short |
991 |
982/73/64/55 |
1000 |
|
Long |
1009 |
1018/27/36 |
1000 |
|
|
HUL |
Short |
831 |
822/13/04/795/86 |
840 |
|
Long |
840 |
849/58/67/76 |
831 |
|
|
ICICI BANK |
Short |
258 |
253/48/43/38/33 |
260.5 |
|
Long |
263 |
268/73/78/83 |
260.5 |
|
|
IDEA |
Short |
148 |
144/40/36/32 |
150 |
|
long |
152 |
156/60/64 |
150 |
|
|
IDFC |
Short |
129 |
126/23/20/17/14 |
130.5 |
|
Long |
132 |
135/38/41/44/47/50 |
130.5 |
|
|
INFOSYS |
Short |
1063 |
1054/44/35/25/16/06 |
1073 |
|
long |
1082 |
11092/1101/11/20 |
1073 |
|
|
ITC |
Short |
315 |
311/07/03/299 |
319 |
|
Long |
319 |
323/27/31/35 |
315 |
|
|
LIC HSG |
Short |
412 |
405/398/91/84/77/70 |
415.5 |
|
long |
419 |
426/33/40/47 |
415.5 |
|
|
LT |
Short |
1529 |
1500/1471/42/13/1384 |
1544 |
|
Long |
1558 |
1587/1616/45 |
1544 |
|
|
M SUMI |
Short |
292 |
284/76/68/60 |
296 |
|
long |
300 |
308/16/24 |
296 |
|
|
M&M |
Short |
1114 |
1095/76/57/38/19/1000 |
1124 |
|
Long |
1133 |
1152/71/90 |
1124 |
|
|
MARUTI |
Short |
4060 |
4016/3972/28/3884/40 |
4104 |
|
Long |
4148 |
4192/236/280 |
4104 |
|
|
ONGC |
Short |
225 |
221/17/13/09/05/01 |
227 |
|
long |
229 |
233/37/41/45/49 |
227 |
|
|
PNB |
Short |
130.5 |
129/27.5/26/24.5/23/21.5/20 |
132 |
|
Long |
133.5 |
135/36.5/38/39.5/41 |
132 |
|
|
RELIANCE |
Short |
829 |
818/07/796/85 |
840 |
|
long |
851 |
862/73/84/95 |
840 |
|
|
SBI |
Short |
225.5 |
223/20.5/18/15.5/13/10.5/08/05.5/03 |
228 |
|
Long |
230.5 |
233/35.5/38/40.5/43 |
228 |
|
|
sun pharma |
Short |
853 |
842/31/20/09/798 |
864 |
|
Long |
864 |
875/86 |
853 |
|
|
TATAMOTORS |
Short |
323 |
317/11/05/299 |
326 |
|
Long |
329 |
335/41/47 |
326 |
|
|
TATASTEEL |
Short |
219 |
215/11/07/03/199 |
221 |
|
Long |
223 |
227/31/35/39 |
221 |
|
|
TCS |
Short |
2558 |
2521/2484/47/10 |
2576 |
|
Long |
2595 |
2632/69/706/43 |
2576 |
|
|
tech mahindra |
Short |
532 |
525/18/11/04/497/90 |
539 |
|
Long |
539 |
546/53/60 |
532 |
|
|
ULTRATECH |
Short |
2902 |
2873/44/15/2786/57/28/2699 |
2931 |
|
Long |
2960 |
2989/028/47/76 |
2931 |
|
|
VOLTAS |
Short |
253.5 |
250.5/48/45 / 42.5/39.5/37 |
256 |
|
Long |
256 |
259/61.5/64.5/67 |
253.5 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
7585 |
x |
7675 |
|
long |
7675 |
x |
7585 |
|
|
CNX ENERGY |
short |
7325 |
x |
7400 |
|
long |
7400 |
x |
7325 |
|
|
CNX FMCG |
short |
19600 |
x |
19800 |
|
long |
19800 |
x |
19600 |
|
|
CNX INFRA |
short |
2826 |
x |
2848 |
|
long |
2848 |
x |
2826 |
|
|
CNX METAL |
short |
1743 |
x |
1762 |
|
long |
1762 |
x |
1743 |
|
|
CNX MIDCAP |
short |
12560 |
x |
12640 |
|
long |
12720 |
x |
12640 |
|
|
CNX PHARMA |
short |
12490 |
x |
12600 |
|
long |
12600 |
x |
12490 |
|
|
CNX PSU BANKS |
short |
2915 |
x |
2955 |
|
long |
2955 |
x |
2915 |
|
|
CNX REALTY |
short |
158 |
x |
160 |
|
long |
162 |
x |
160 |
|
MY WEEKLY TAKE . . .
THE INEVITABLE FALL HAPPENS WITH FURY . . .
Trading levels – 7th / 11th September 2015
Please look at following clues ….
14th May - 50 DMA / 100 DMA cross
15th June - 50 DMA / 200 DMA cross
29th July – 100 DMA / 200 DMA cross
ON ALL THESE OCCASIONS, I HAD SAID THAT THESE ARE OMINOUS SIGNS. The technical analysis does not tell you what is the CAUSE …. But it gives an indication of likely EFFECT.
Now some international experts are telling us that due to turmoil in GREECE and sudden weakening of EURO, some carry trade transactions in FX market ( foreign currency market ) started reversing since MAY 2015. May be, to cover those losses, some hedge funds started liquidating their profitable EM ( emerging markets ) positions. That must have started happening in INDIA too.
It is possible that those telltale signals would have been picked up by technicals and indication was passed on by way of these MA ( moving average ) crossovers.
MOST OF THE MARKET PLAYERS WERE SO COMPLACENT THAT THESE SIGNALS WERE ENTIRELY OVERLOOKED.
Actually the menace started from 21st august Friday when market gapped down but strong pullback towards the end of the day softened the impact. On Monday 24th, it hit the market like an earthquake – a big gap down and further losses during the day. WE ARE YET TO GET OVER FROM THAT FALL AND THE AFTERSHOCKS ARE SHAKING US PERIODICALLY FOR LAST TWO WEEKS.
INTERESTINGLY, ALL THE WORLD MARKETS ARE TRADING BELOW 50/100/200 DMA FOR ATLEAST LAST 10/15 TRADING SESSIONS, BUT OUR MARKET EXPERTS ARE MAKING US BELIEVE THAT ”INDIA IS IN A SWEET SPOT AND EVERY FALL IS AN OPPORTUNITY TO BUY.”
I earnestly request you to hold on to whatever little cash that you may have and deploy it only when you see clear sign that this malaise is out of the system. You may have to buy 5 to 7 % higher but at least your money will then have a minimal downside risk. AFTERALL WE HAVE TO PROTECT OUR OWN MONEY WHILE FUND MANGERS ARE ALWAYS PLAYING WITH OTHER’S MONEY AND ARE MORE CONCERNED ABOUT RELATIVE OUT-PERFORMANCE THAN ABSOLUTE GAIN / LOSS.
I am sticking my neck out and say that it is possible that we will get into 7065/7290 zone in next 2/3 weeks. These levels are furher 5 to 8 % away and can result into cuts of 10/15 % on nifty stocks – even more on popular midcaps. Monsoon is bad / GDP is just 7 % and every foreign brokerage is scaling down FY 16 NIFTY / SENSEX earning estimates. THOSE ARE REASON ENOUGH TO SLIDE FURTHER.
No doubt, government will try their hand by announcing a RBI rate cut. But that effect will last, at the most, for a day or two.
I have said many times, I always like to err on the side of caution. If there is no fall, I don’t mind buying at 8000/8100 levels rather than being brave …. Buy now … and repent when we go down to 7200 or even lower.
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 ? ? ?
SEPTEMBER 2015 TRADING LEVELS are posted. You can have a look at the same before entering fresh trades. Keep visiting 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
|
position trading |
weekly |
DATE |
7th / 11th september 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
bse sensex |
short |
25270 |
24930/590/250/23910 |
25610 |
|
long |
25610 |
25950/26290/630/970 |
25270 |
|
|
CNX IT |
short |
11375 |
11225/075/10925 |
11525 |
|
long |
11525 |
11675/825 |
11375 |
|
|
CNX AUTO |
short |
7585 |
x |
7675 |
|
long |
7675 |
x |
7585 |
|
|
CNX ENERGY |
short |
7325 |
x |
7400 |
|
long |
7400 |
x |
7325 |
|
|
CNX FMCG |
short |
19600 |
x |
19800 |
|
long |
19800 |
x |
19600 |
|
|
CNX INFRA |
short |
2826 |
x |
2848 |
|
long |
2848 |
x |
2826 |
|
|
CNX METAL |
short |
1743 |
x |
1762 |
|
long |
1762 |
x |
1743 |
|
|
CNX MIDCAP |
short |
12560 |
x |
12640 |
|
long |
12720 |
x |
12640 |
|
|
CNX PHARMA |
short |
12490 |
x |
12600 |
|
long |
12600 |
x |
12490 |
|
|
CNX PSU BANKS |
short |
2915 |
x |
2955 |
|
long |
2955 |
x |
2915 |
|
|
CNX REALTY |
short |
158 |
x |
160 |
|
long |
162 |
x |
160 |
