May 2016
|
pl trade in the direction of NIFTY |
||||
|
intra levels |
|
DATE |
31st may 2016 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
8201 |
8171/41/11 |
8231 |
|
long |
8231 |
8261/91 |
8201 |
|
|
bank nifty |
short |
17540 |
17460/380/300 |
17620 |
|
long |
17620 |
17700/780 |
17540 |
|
|
hindalco |
short |
103.25 |
101.5/99.75/98 |
105 |
|
long |
105 |
106.75/08.5 |
103.25 |
|
|
tata motor |
short |
438 |
433/28/23 |
443 |
|
long |
443 |
448/53 |
438 |
|
|
coal india |
short |
293 |
291/89/87 |
295 |
|
long |
295 |
297/99/301 |
293 |
|
|
crompton |
short |
67.5 |
66/64.5/63 |
69 |
|
long |
69 |
70.5/72/73.5/75 |
67.5 |
|
|
muthoot finance |
short |
235 |
232.5/30/27.5/25 |
237.5 |
|
long |
237.5 |
240/42.5/45 |
235 |
|
|
pl trade in the direction of NIFTY |
||||
|
intra levels |
|
DATE |
31st may 2016 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
8201 |
8171/41/11 |
8231 |
|
long |
8231 |
8261/91 |
8201 |
|
|
bank nifty |
short |
17540 |
17460/380/300 |
17620 |
|
long |
17620 |
17700/780 |
17540 |
|
|
hindalco |
short |
103.25 |
101.5/99.75/98 |
105 |
|
long |
105 |
106.75/08.5 |
103.25 |
|
|
tata motor |
short |
438 |
433/28/23 |
443 |
|
long |
443 |
448/53 |
438 |
|
|
coal india |
short |
293 |
291/89/87 |
295 |
|
long |
295 |
297/99/301 |
293 |
|
|
crompton |
short |
67.5 |
66/64.5/63 |
69 |
|
long |
69 |
70.5/72/73.5/75 |
67.5 |
|
|
muthoot finance |
short |
235 |
232.5/30/27.5/25 |
237.5 |
|
long |
237.5 |
240/42.5/45 |
235 |
|
NIFTY CATAPULTS PAST 8150 . . .
Trading levels – 30th May / 3rd June 2016
After being ranged in 200 points for 25 trading sessions, NIFTY broke out on the back of some good results and bull cartel’s resolve to celebrate second anniversary of Modi’s coronation in a grand style. Since last May, the bulls have been generally on the back-foot and what better occasion than the second anniversary to come out all guns blazing ! ! !
Both FIIs and DIIs have not been big buyers for last 3 sessions ….. but they have not sold any NIFTY majors and THAT HELPS. It helps a long long way – it is WIN WIN for both. Now they have got higher levels to exit – if they wish to exit while bulls have had their way as well.
Technically speaking, we have had a DEATH CROSS - on weekly charts - 50 WMA going below 100 WMA - and that should cap the euphoria to some extent. 8328 can be first resistance for this move. Nothing much has changed fundamentally. PSU banks are going to sulk and private capital is not going to come out so soon. So it will all hinge on government spending - like last many quarters and months.
I am pulling some money out and wait for an opportunity to re-deploy about 400/500 points lower. BANKNIFTY HAS STARTED WEEKLY OPTIONS and that gives punters another opportunity to try their hand with even lesser capital.
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 ? ? ?
JUNE 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 |
30th may / 3rd june 2016 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
bse sensex |
short |
26500 |
26250/26000/25750/500 |
26750 |
|
long |
26750 |
27000/250/500/750/28000 |
26500 |
|
|
CNX IT |
short |
11350 |
11225/100/10975/850 |
11475 |
|
long |
11475 |
11600/725/850 |
11350 |
|
|
CNX AUTO |
short |
8340 |
x |
8420 |
|
long |
8420 |
x |
8340 |
|
|
CNX ENERGY |
short |
8410 |
x |
8475 |
|
long |
8475 |
x |
8410 |
|
|
CNX FMCG |
short |
20800 |
x |
20970 |
|
long |
20970 |
x |
20800 |
|
|
CNX INFRA |
short |
2747 |
x |
2767 |
|
long |
2767 |
x |
2747 |
|
|
CNX METAL |
short |
1959 |
x |
1977 |
|
long |
1977 |
x |
1959 |
|
|
NIFTY MID100 |
short |
13170 |
x |
13270 |
|
long |
13270 |
x |
13170 |
|
|
CNX PHARMA |
short |
11190 |
x |
11270 |
|
long |
11270 |
x |
11190 |
|
|
CNX PSU BANKS |
short |
2390 |
x |
2426 |
|
long |
2426 |
x |
2390 |
|
|
CNX REALTY |
short |
182.5 |
x |
184 |
|
long |
184 |
x |
182.5 |
|
pl trade in the direction of NIFTY |
||||
|
intra levels |
|
DATE |
30th may 2016 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
8194 |
8161/28/8095/62 |
8227 |
|
long |
8227 |
8260/93 |
8194 |
|
|
bank nifty |
short |
17610 |
17530/450/370/290 |
17690 |
|
long |
17690 |
17770/850/930 |
17610 |
|
|
SBI |
short |
198 |
195/92/89/86/83/80 |
201 |
|
long |
201 |
204/07/10 |
198 |
|
|
BPCL |
short |
1013 |
1005/997/89/81 |
1021 |
|
long |
1021 |
1029/37/45 |
1013 |
|
|
RINFRA |
short |
547 |
541/35/29/23 |
553 |
|
long |
553 |
559/65/71/77 |
547 |
|
|
LT |
short |
1480 |
1466/52/38/24/10 |
1494 |
|
long |
1494 |
1508/22/36 |
1480 |
|
|
BIOCON |
short |
703 |
695/87/79/71 |
711 |
|
long |
711 |
719/27/35 |
703 |
|
|
pl trade in the direction of NIFTY |
||||
|
intra levels |
|
DATE |
30th may 2016 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
8194 |
8161/28/8095/62 |
8227 |
|
long |
8227 |
8260/93 |
8194 |
|
|
bank nifty |
short |
17610 |
17530/450/370/290 |
17690 |
|
long |
17690 |
17770/850/930 |
17610 |
|
|
SBI |
short |
198 |
195/92/89/86/83/80 |
201 |
|
long |
201 |
204/07/10 |
198 |
|
|
BPCL |
short |
1013 |
1005/997/89/81 |
1021 |
|
long |
1021 |
1029/37/45 |
1013 |
|
|
RINFRA |
short |
547 |
541/35/29/23 |
553 |
|
long |
553 |
559/65/71/77 |
547 |
|
|
LT |
short |
1480 |
1466/52/38/24/10 |
1494 |
|
long |
1494 |
1508/22/36 |
1480 |
|
|
BIOCON |
short |
703 |
695/87/79/71 |
711 |
|
long |
711 |
719/27/35 |
703 |
|
