April 2016
|
pl trade in the direction of NIFTY |
||||
|
intra levels |
|
DATE |
4th april 2016 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
7735 |
7713/7691/69 |
7757 |
|
long |
7757 |
7779/7801 |
7735 |
|
|
bank nifty |
short |
16210 |
14140/070/16000 |
16280 |
|
long |
16280 |
16350/420 |
16210 |
|
|
rel infra |
short |
558 |
554/50 |
562 |
|
long |
562 |
566/70/74 |
558 |
|
|
gruh finance |
short |
247.5 |
246/44.5/43 |
249 |
|
long |
249 |
250.5/52/53.5/55/56.5/58 |
247.5 |
|
|
yes bank |
short |
854 |
848/42/36/30 |
860 |
|
long |
860 |
866/72/78/84/90 |
854 |
|
|
eid parry |
short |
220 |
217.5/15 |
222.5 |
|
long |
222.5 |
225/27.5/30 |
215.5 |
|
|
concor |
short |
1260 |
1252/45/37/30 |
1267 |
|
long |
1267 |
1275/82/90 |
1260 |
|
|
POSN TRADING |
weekly |
DATE |
4th / 8th april 2016 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
7740 |
7680/620/560/500 |
7800 |
|
long |
7800 |
7860/920/980/8040 |
7740 |
|
|
bse sensex |
short |
25225 |
25000/24775/550/325 |
25450 |
|
long |
25450 |
25675/900/26125 |
25225 |
|
|
BANK NIFTY |
Short |
16130 |
16010/15890/770/650/530/410 |
16250 |
|
Long |
16370 |
16490/610/730/850/970 |
16250 |
|
|
CNX IT |
short |
11215 |
11130/045/10960/875 |
11300 |
|
long |
11300 |
11385/470/555/640/725/810 |
11215 |
|
|
POSN TRADING |
weekly |
DATE |
4th / 8th april 2016 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
7740 |
7680/620/560/500 |
7800 |
|
long |
7800 |
7860/920/980/8040 |
7740 |
|
|
bse sensex |
short |
25225 |
25000/24775/550/325 |
25450 |
|
long |
25450 |
25675/900/26125 |
25225 |
|
|
BANK NIFTY |
Short |
16130 |
16010/15890/770/650/530/410 |
16250 |
|
Long |
16370 |
16490/610/730/850/970 |
16250 |
|
|
CNX IT |
short |
11215 |
11130/045/10960/875 |
11300 |
|
long |
11300 |
11385/470/555/640/725/810 |
11215 |
|
|
AMARA RAJA |
Short |
892 |
885/78/71/64/57/50 |
899 |
|
Long |
899 |
906/13/20/27/34 |
892 |
|
|
axis bank |
Short |
452 |
447/42/37/32/27/22 |
457 |
|
Long |
462 |
467/72/77/82 |
457 |
|
|
BHARAT FORGE |
Short |
862 |
854/46/38/30/22/14 |
870 |
|
Long |
870 |
878/86/94/902/10 |
862 |
|
|
BOB |
Short |
151.5 |
149/46.5/44/41.5/39 |
154 |
|
Long |
156.5 |
159/61.5/64/66.5/69 |
154 |
|
|
COAL INDIA |
Short |
289 |
286.5/84/81.5/79/76.5/74 |
291.5 |
|
Long |
294 |
296.5/99 |
291.5 |
|
|
HDFC |
Short |
1117 |
1104/1091/78/65/52/39 |
1130 |
|
Long |
1143 |
1156/69/82/95 |
1130 |
|
|
hdfc bank |
Short |
1063 |
1050/37/24/11/998 |
1076 |
|
Long |
1089 |
1102/15/28/41 |
1076 |
|
|
HUL |
Short |
864 |
853/42/31/20 |
875 |
|
Long |
875 |
886/97/908 |
864 |
|
|
ICICI BANK |
Short |
239 |
234/29/24/19 |
241.5 |
|
Long |
244 |
249/54/59 |
241.5 |
|
|
INFOSYS |
Short |
1210 |
1198/86/74/62/50 |
1222 |
|
long |
1222 |
1234/46/58/70 |
1210 |
|
|
INDUSIND |
Short |
955 |
944/33/22/11/900 |
966 |
|
Long |
977 |
988/99/1010/21 |
966 |
|
|
ITC |
Short |
336 |
331.5/27/22.5/18/13.5/09 |
340.5 |
|
Long |
340.5 |
345/49.5/54 |
336 |
|
|
LT |
Short |
1244 |
1229/14/1199/84/69/54 |
1259 |
|
Long |
1259 |
1274/89/1304/19 |
1244 |
|
|
M SUMI |
Short |
261 |
257.5/54/50.5/47/43.5/40 |
264.5 |
|
long |
264.5 |
268/71.5/75 |
261 |
|
|
M&M |
Short |
1199 |
1184/69/54/39/24 |
1214 |
|
Long |
1214 |
1229/44/59 |
1199 |
|
|
MARUTI |
Short |
3732 |
3706/680/54/28/02 |
3758 |
|
Long |
3784 |
3810/36/62 |
3758 |
|
|
NBCC |
Short |
946 |
931/16/01/886 |
953.5 |
|
Long |
961 |
976/91/1006/21 |
953.5 |
|
|
ONGC |
Short |
208.5 |
206/03.5/201 |
211 |
|
long |
211 |
213.5/16/18.5/21 |
208.5 |
|
|
PNB |
Short |
87.75 |
87/86.25/85.5/84.75/84 |
88.5 |
|
Long |
89.25 |
90/90.75/91.5/92.25/93/93.75/94.5 |
88.5 |
|
|
RELIANCE |
Short |
1035 |
1026/17/08/999/90 |
1044 |
|
long |
1044 |
1053/62/71/80 |
1035 |
|
|
SBI |
Short |
195 |
193.5/92/90.5/89 |
196.5 |
|
Long |
198 |
199.5/201/202.5/04/05.5/07 |
196.5 |
|
|
sun pharma |
Short |
814 |
808/02/796/90/84/78/72/66/60 |
820 |
|
Long |
826 |
832/38/44/50/56/62 |
820 |
|
|
TATAMOTORS |
Short |
318 |
315/12/09/06/03/300 |
321 |
|
Long |
324 |
327/30/33/36 |
321 |
|
|
tata steel |
Short |
298 |
295/92/89/86/83/80 |
301 |
|
Long |
304 |
307/10/13/16 |
301 |
|
|
TCS |
Short |
2445 |
2424/03/2382/61/40 |
2466 |
|
Long |
2466 |
2487/2508/29/50 |
2445 |
|
|
VOLTAS |
Short |
284 |
281.5/79/76.5/74/71.5/69/66.5/64 |
286.5 |
|
Long |
289 |
291.5/94/96.5/99 |
286.5 |
|
|
YES BANK |
Short |
854 |
845/36/27/18/09/800 |
863 |
|
Long |
872 |
881/90/99/908/17/26/35 |
863 |
|
|
ULTRATECH |
Short |
3216 |
3179/52/15/3078/41/04 |
3253 |
|
Long |
3253 |
3290/327/74 |
3216 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
8060 |
x |
8130 |
|
long |
8130 |
x |
8060 |
|
|
CNX ENERGY |
short |
8360 |
x |
8420 |
|
long |
8420 |
x |
8360 |
|
|
CNX FMCG |
short |
19920 |
x |
20060 |
|
long |
20060 |
x |
19920 |
|
|
CNX INFRA |
short |
2565 |
x |
2600 |
|
long |
2600 |
x |
2565 |
|
|
CNX METAL |
short |
1898 |
x |
1920 |
|
long |
1920 |
x |
1898 |
|
|
NIFTY MID100 |
short |
12750 |
x |
12870 |
|
long |
12870 |
x |
12750 |
|
|
CNX PHARMA |
short |
10975 |
x |
11100 |
|
long |
11100 |
x |
10975 |
|
|
CNX PSU BANKS |
short |
2495 |
x |
2530 |
|
long |
2530 |
x |
2495 |
|
|
CNX REALTY |
short |
161 |
x |
163 |
|
long |
163 |
x |
161 |
|
|
POSN TRADING |
weekly |
DATE |
4th / 8th april 2016 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
7740 |
7680/620/560/500 |
7800 |
|
long |
7800 |
7860/920/980/8040 |
7740 |
|
|
bse sensex |
short |
25225 |
25000/24775/550/325 |
25450 |
|
long |
25450 |
25675/900/26125 |
25225 |
|
|
BANK NIFTY |
Short |
16130 |
16010/15890/770/650/530/410 |
16250 |
|
Long |
16370 |
16490/610/730/850/970 |
16250 |
|
|
CNX IT |
short |
11215 |
11130/045/10960/875 |
11300 |
|
long |
11300 |
11385/470/555/640/725/810 |
11215 |
|
|
AMARA RAJA |
Short |
892 |
885/78/71/64/57/50 |
899 |
|
Long |
899 |
906/13/20/27/34 |
892 |
|
|
axis bank |
Short |
452 |
447/42/37/32/27/22 |
457 |
|
Long |
462 |
467/72/77/82 |
457 |
|
|
BHARAT FORGE |
Short |
862 |
854/46/38/30/22/14 |
870 |
|
Long |
870 |
878/86/94/902/10 |
862 |
|
|
BOB |
Short |
151.5 |
149/46.5/44/41.5/39 |
154 |
|
Long |
156.5 |
159/61.5/64/66.5/69 |
154 |
|
|
COAL INDIA |
Short |
289 |
286.5/84/81.5/79/76.5/74 |
291.5 |
|
Long |
294 |
296.5/99 |
291.5 |
|
|
HDFC |
Short |
1117 |
1104/1091/78/65/52/39 |
1130 |
|
Long |
1143 |
1156/69/82/95 |
1130 |
|
|
hdfc bank |
Short |
1063 |
1050/37/24/11/998 |
1076 |
|
Long |
1089 |
1102/15/28/41 |
1076 |
|
|
HUL |
Short |
864 |
853/42/31/20 |
875 |
|
Long |
875 |
886/97/908 |
864 |
|
|
ICICI BANK |
Short |
239 |
234/29/24/19 |
241.5 |
|
Long |
244 |
249/54/59 |
241.5 |
|
|
INFOSYS |
Short |
1210 |
1198/86/74/62/50 |
1222 |
|
long |
1222 |
1234/46/58/70 |
1210 |
|
|
INDUSIND |
Short |
955 |
944/33/22/11/900 |
966 |
|
Long |
977 |
988/99/1010/21 |
966 |
|
|
ITC |
Short |
336 |
331.5/27/22.5/18/13.5/09 |
340.5 |
|
Long |
340.5 |
345/49.5/54 |
336 |
|
|
LT |
Short |
1244 |
1229/14/1199/84/69/54 |
1259 |
|
Long |
1259 |
1274/89/1304/19 |
1244 |
|
|
M SUMI |
Short |
261 |
257.5/54/50.5/47/43.5/40 |
264.5 |
|
long |
264.5 |
268/71.5/75 |
261 |
|
|
M&M |
Short |
1199 |
1184/69/54/39/24 |
1214 |
|
Long |
1214 |
1229/44/59 |
1199 |
|
|
MARUTI |
Short |
3732 |
3706/680/54/28/02 |
3758 |
|
Long |
3784 |
3810/36/62 |
3758 |
|
|
NBCC |
Short |
946 |
931/16/01/886 |
953.5 |
|
Long |
961 |
976/91/1006/21 |
953.5 |
|
|
ONGC |
Short |
208.5 |
206/03.5/201 |
211 |
|
long |
211 |
213.5/16/18.5/21 |
208.5 |
|
|
PNB |
Short |
87.75 |
87/86.25/85.5/84.75/84 |
88.5 |
|
Long |
89.25 |
90/90.75/91.5/92.25/93/93.75/94.5 |
88.5 |
|
|
RELIANCE |
Short |
1035 |
1026/17/08/999/90 |
1044 |
|
long |
1044 |
1053/62/71/80 |
1035 |
|
|
SBI |
Short |
195 |
193.5/92/90.5/89 |
196.5 |
|
Long |
198 |
199.5/201/202.5/04/05.5/07 |
196.5 |
|
|
sun pharma |
Short |
814 |
808/02/796/90/84/78/72/66/60 |
820 |
|
Long |
826 |
832/38/44/50/56/62 |
820 |
|
|
TATAMOTORS |
Short |
318 |
315/12/09/06/03/300 |
321 |
|
Long |
324 |
327/30/33/36 |
321 |
|
|
tata steel |
Short |
298 |
295/92/89/86/83/80 |
301 |
|
Long |
304 |
307/10/13/16 |
301 |
|
|
TCS |
Short |
2445 |
2424/03/2382/61/40 |
2466 |
|
Long |
2466 |
2487/2508/29/50 |
2445 |
|
|
VOLTAS |
Short |
284 |
281.5/79/76.5/74/71.5/69/66.5/64 |
286.5 |
|
Long |
289 |
291.5/94/96.5/99 |
286.5 |
|
|
YES BANK |
Short |
854 |
845/36/27/18/09/800 |
863 |
|
Long |
872 |
881/90/99/908/17/26/35 |
863 |
|
|
ULTRATECH |
Short |
3216 |
3179/52/15/3078/41/04 |
3253 |
|
Long |
3253 |
3290/327/74 |
3216 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
8060 |
x |
8130 |
|
long |
8130 |
x |
8060 |
|
|
CNX ENERGY |
short |
8360 |
x |
8420 |
|
long |
8420 |
x |
8360 |
|
|
CNX FMCG |
short |
19920 |
x |
20060 |
|
long |
20060 |
x |
19920 |
|
|
CNX INFRA |
short |
2565 |
x |
2600 |
|
long |
2600 |
x |
2565 |
|
|
CNX METAL |
short |
1898 |
x |
1920 |
|
long |
1920 |
x |
1898 |
|
|
NIFTY MID100 |
short |
12750 |
x |
12870 |
|
long |
12870 |
x |
12750 |
|
|
CNX PHARMA |
short |
10975 |
x |
11100 |
|
long |
11100 |
x |
10975 |
|
|
CNX PSU BANKS |
short |
2495 |
x |
2530 |
|
long |
2530 |
x |
2495 |
|
|
CNX REALTY |
short |
161 |
x |
163 |
|
long |
163 |
x |
161 |
|
MARKET ANXIOUSLY WAITING FOR RBI CREDIT POLICY . . .
Trading levels – 4th / 8th April 2016
We have an event – RBI credit policy on 5th April - which should decide future course of the market. If we get 50 basis point rate cut with dovish commentary, we have a chance to move towards 8000 NIFTY while a 25 basis point rate cut will disappoint the market and we will move towards 7500 NIFTY.
IT MAY BE WORTHWHILE TO SELL A STRANGLE OF 7400 PUT AND 8100 CALL. You will get approx 55 rupees for that which you can square off for 35 after the RBI policy announcement and pocket 20 rupees.
FIIs have pumped in 6000+ crores in last 5 days and still the market has not moved much. THIS IS REALLY INTRIGUING. This is giving me some indication that market has become TOP HEAVY and will come down under its own weight as soon as the FII flow dwindles. This indication is also available from IVs of the puts which are higher than the call IVs.
I will wait for credit policy event to be over and then short the NIFTY futures and sell OTM puts.
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 ? ? ?
APRIL 2016 TRADING LEVELS WILL BE POSTED over the next 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 |
4th / 8th april 2016 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
bse sensex |
short |
25225 |
25000/24775/550/325 |
25450 |
|
long |
25450 |
25675/900/26125 |
25225 |
|
|
CNX IT |
short |
11215 |
11130/045/10960/875 |
11300 |
|
long |
11300 |
11385/470/555/640/725/810 |
11215 |
|
|
CNX AUTO |
short |
8060 |
x |
8130 |
|
long |
8130 |
x |
8060 |
|
|
CNX ENERGY |
short |
8360 |
x |
8420 |
|
long |
8420 |
x |
8360 |
|
|
CNX FMCG |
short |
19920 |
x |
20060 |
|
long |
20060 |
x |
19920 |
|
|
CNX INFRA |
short |
2565 |
x |
2600 |
|
long |
2600 |
x |
2565 |
|
|
CNX METAL |
short |
1898 |
x |
1920 |
|
long |
1920 |
x |
1898 |
|
|
NIFTY MID100 |
short |
12750 |
x |
12870 |
|
long |
12870 |
x |
12750 |
|
|
CNX PHARMA |
short |
10975 |
x |
11100 |
|
long |
11100 |
x |
10975 |
|
|
CNX PSU BANKS |
short |
2495 |
x |
2530 |
|
long |
2530 |
x |
2495 |
|
|
CNX REALTY |
short |
161 |
x |
163 |
|
long |
163 |
x |
161 |
