March 2016
BANKNIFTY --- sell 14700 put and 15700 call ..... wait till expiry .... u wl hv to pay margin ..... but trade has 99 % chance of winning ....
YES BANK ... BUY 840 CALL around 10/10.5 ..... target 15 to 17 .... lot size 700 ... sl 6.5/7 ....
buy NIFTY ---- 7100 put and 7800 call .... shud be giving u double the money when market makes a move either way ..... total cost approx 32/33 rupees .... stoploss 15 .... target 65/70 .....
cheersssssssssssss ......
CONSOLIDATION TIME …. MAY BE FOR ANOTHER ONE WEEK . . .
Trading levels – 14th / 18th March 2016
The US markets seem to have settled at higher levels – probably in response to favourable vibes from the US economy ….. but EUROPE still seems to be in some trouble. The world was expecting SUPER MARIO to deliver and he did - but it seems that his contention that he is using his last bullets seem to have disturbed the markets. INDIRECTLY, HE HAS HINTED THAT ECB‘s CAPACITY TO STIMULATE EUROPEAN ECONOMIES FURTHER IS COMING TO AN END.
It seems that we may be making one more dash towards 7600/7650 when we will come across some huge resistance. FIIs have been buyers now for last 8 trading sessions …. mostly both in cash and index futures …. But in spite of that market is not able to make further substantial headway and that should be causing some worry to the bulls.
It is now clear that the rural economy is not going to improve in a hurry. This should be negative for FMCG companies and it is likely that their P/E multiples may have to come down by a few notches resulting in 10/12 % correction in price from current exalted levels.
FM has made a U turn on tax on EPF – which is a good thing. Now we have to watch what he does on excise on jewellery. Jewellers are on strike now for 12 days. If Jaitley gives in to their demand, it will expose government’s soft underbelly.
ECB meet is over. Looks like this rally will have legs upto 7650 level – where 100 DMA will pose resistance. On the downside 7380 will be a reasonable support.
Some stocks given below have done wonderfully well over last two weeks. We must allow them to cool a bit before entering. The one’s which have not yet moved significantly can be bought immediately.
ELECON / DHFL / AMARA RAJA / NBCC / IDFC BANK / RELIANCE / TATA MOTORS / MARUTI / BHARTI INFRATEL / PSU BANK BEES. Please study fundamentals yourself to be doubly sure.
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 ? ? ?
FEBRUARY 2016 TRADING LEVELS ARE posted over the weekend 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 |
14th / 18th march 2016 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
bse sensex |
short |
24690 |
14540/390/240/24090 |
24840 |
|
long |
24990 |
25140/290/440 |
24840 |
|
|
CNX IT |
short |
10800 |
10715/630/545/460 |
10885 |
|
long |
10970 |
11055/11140/225/310/395 |
10885 |
|
|
CNX AUTO |
short |
7700 |
x |
7780 |
|
long |
7780 |
x |
7700 |
|
|
CNX ENERGY |
short |
8110 |
x |
8175 |
|
long |
8175 |
x |
8110 |
|
|
CNX FMCG |
short |
19310 |
x |
19460 |
|
long |
19460 |
x |
19310 |
|
|
CNX INFRA |
short |
2458 |
x |
2492 |
|
long |
2492 |
x |
2458 |
|
|
CNX METAL |
short |
1856 |
x |
1875 |
|
long |
1875 |
x |
1856 |
|
|
CNX MIDCAP |
short |
11340 |
x |
11470 |
|
long |
11470 |
x |
11340 |
|
|
CNX PHARMA |
short |
11715 |
x |
11835 |
|
long |
11835 |
x |
11715 |
|
|
CNX PSU BANKS |
short |
2285 |
x |
2315 |
|
long |
2315 |
x |
2285 |
|
|
CNX REALTY |
short |
149 |
x |
151 |
|
long |
151 |
x |
149 |
|
pl trade in the direction of NIFTY |
||||
|
intra levels |
|
DATE |
11th march 2016 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
7435 |
7415/395/375/355 |
7455 |
|
long |
7475 |
7495/515/535 |
7455 |
|
|
bank nifty |
short |
15175 |
15075/14975/875 |
15275 |
|
long |
15275 |
15375/475 |
15175 |
|
|
LT |
short |
1187 |
1178/69/60 |
1196 |
|
long |
1196 |
1205/14/23 |
1187 |
|
|
torrent power |
short |
243 |
241.5/40/38.5/37 |
244.5 |
|
long |
244.5 |
246/47.5/49 |
243 |
|
|
dewan housing |
short |
180.5 |
179.25/78 |
181.75 |
|
long |
181.75 |
183/84.25/85.5 |
180.5 |
|
|
just dial |
short |
672 |
665/58/51/44/37/30 |
679 |
|
long |
679 |
686/93/700 |
672 |
|
|
strides |
short |
1028 |
1016/03/991/978 |
1041 |
|
long |
1041 |
1053/66/78 |
1028 |
|
