May 2016
|
POSN TRADING |
weekly |
DATE |
16th / 20th may 2016 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
7822 |
7746/7670 / 7594 |
7898 |
|
long |
7898 |
7974/8050 |
7822 |
|
|
bse sensex |
short |
25450 |
25150/24850/550 |
25750 |
|
long |
25750 |
26050/350/650 |
25450 |
|
|
BANK NIFTY |
Short |
16760 |
16610/460/310/160/010 |
16910 |
|
Long |
16910 |
17060/210 |
16760 |
|
|
CNX IT |
short |
11060 |
10960/860/760 |
11160 |
|
long |
11160 |
11260/360 |
11060 |
|
|
POSN TRADING |
weekly |
DATE |
16th / 20th may 2016 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
7822 |
7746/7670 / 7594 |
7898 |
|
long |
7898 |
7974/8050 |
7822 |
|
|
bse sensex |
short |
25450 |
25150/24850/550 |
25750 |
|
long |
25750 |
26050/350/650 |
25450 |
|
|
BANK NIFTY |
Short |
16760 |
16610/460/310/160/010 |
16910 |
|
Long |
16910 |
17060/210 |
16760 |
|
|
CNX IT |
short |
11060 |
10960/860/760 |
11160 |
|
long |
11160 |
11260/360 |
11060 |
|
|
AMARA RAJA |
Short |
940 |
928/16/04/892/880 |
952 |
|
Long |
952 |
964/76/88/1000 |
994043 |
|
|
axis bank |
Short |
491 |
486/81/76/71/66/61 |
496 |
|
Long |
496 |
501/06/11/16/21 |
491 |
|
|
BHARAT FORGE |
Short |
753 |
745/37/29/21/13/05 |
761 |
|
Long |
761 |
769/77/85/93/801 |
753 |
|
|
BOB |
Short |
120 |
116/12/08/04/100 |
124 |
|
Long |
128 |
132/36/40 |
124 |
|
|
COAL INDIA |
Short |
279 |
276.5/74/71.5/69 |
281.5 |
|
Long |
284 |
286.5/89/91.5/94 |
281.5 |
|
|
HDFC |
Short |
1165 |
1154/43/32 |
1176 |
|
Long |
1176 |
1187/98/1209/20 |
1165 |
|
|
hdfc bank |
Short |
1143 |
1136/29/22/15 |
1150 |
|
Long |
1150 |
1157/64/71/78 |
1143 |
|
|
HUL |
Short |
826 |
816/06/796 |
836 |
|
Long |
836 |
846/56/66 |
826 |
|
|
ICICI BANK |
Short |
226 |
222.5/19/15.5/12 |
229.5 |
|
Long |
229.5 |
233/36.5/40 |
226 |
|
|
INFOSYS |
Short |
1211 |
1200/1188/77 |
1223 |
|
long |
1223 |
1234/46/57 |
1211 |
|
|
INDUSIND |
Short |
1067 |
1058/49/40/31 |
1076 |
|
Long |
1076 |
1085/94/1103 |
1067 |
|
|
ITC |
Short |
318 |
314/10/06 |
322 |
|
Long |
322 |
326/30/34/38 |
318 |
|
|
LT |
Short |
1292 |
1277/62/47/32 |
1307 |
|
Long |
1307 |
1322/37/52 |
1292 |
|
|
M SUMI |
Short |
263 |
261/59/57/55/53/51 |
265 |
|
long |
267 |
269/71/73/75 |
265 |
|
|
M&M |
Short |
1309 |
1301/1292/84 |
1318 |
|
Long |
1318 |
1326/35/43/52 |
1309 |
|
|
MARUTI |
Short |
3840 |
3797/54/11/3668 |
3883 |
|
Long |
3883 |
3926/69/4012 |
3840 |
|
|
NBCC |
Short |
977 |
968/58/49/39/30 |
987 |
|
Long |
987 |
996/1006/15/25 |
977 |
|
|
ONGC |
Short |
205 |
202/199/96 |
208 |
|
long |
208 |
211/14/17 |
205 |
|
|
PNB |
Short |
77 |
75.5/74/72.5/71 |
77.75 |
|
Long |
78.5 |
80/81.5/83 |
77.75 |
|
|
RELIANCE |
Short |
980 |
972/64/56/48/40 |
988 |
|
long |
988 |
996/1004/12/20 |
980 |
|
|
SBI |
Short |
184 |
181/78/75/72 |
185.5 |
|
Long |
187 |
190/93/96 |
185.5 |
|
|
sun pharma |
Short |
790 |
779/68/57 |
801 |
|
Long |
801 |
812/23/34 |
790 |
|
|
TATAMOTORS |
Short |
390 |
386/82/78/74/70 |
394 |
|
Long |
394 |
398/402/06 |
390 |
|
|
tata steel |
Short |
324 |
319/14/09/04/299 |
329 |
|
Long |
329 |
334/39/44/49 |
324 |
|
|
TCS |
Short |
2520 |
2501/482/63/44 |
2539 |
|
Long |
2539 |
2558/77/96 |
2520 |
|
|
VOLTAS |
Short |
326 |
322.5/19/15.5/12/08.5/05 |
329.5 |
|
Long |
329.5 |
333/36.5/40 |
326 |
|
|
YES BANK |
Short |
955 |
947/39/31/23 |
963 |
|
Long |
963 |
971/79/87/95 |
955 |
|
|
ULTRATECH |
Short |
3165 |
3120/075/030 |
3210 |
|
Long |
3210 |
3255/300 |
3165 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
8180 |
x |
8235 |
|
long |
8235 |
x |
8180 |
|
|
CNX ENERGY |
short |
8280 |
x |
8340 |
|
long |
8340 |
x |
8280 |
|
|
CNX FMCG |
short |
19675 |
x |
19825 |
|
long |
19825 |
x |
19675 |
|
|
CNX INFRA |
short |
2624 |
x |
2654 |
|
long |
2654 |
x |
2624 |
|
|
CNX METAL |
short |
1914 |
x |
1934 |
|
long |
1934 |
x |
1914 |
|
|
NIFTY MID100 |
short |
13120 |
x |
13200 |
|
long |
13200 |
x |
13120 |
|
|
CNX PHARMA |
short |
11160 |
x |
11240 |
|
long |
11240 |
x |
11160 |
|
|
CNX PSU BANKS |
short |
2367 |
x |
2392 |
|
long |
2392 |
x |
2367 |
|
|
CNX REALTY |
short |
172 |
x |
173.5 |
|
long |
173.5 |
x |
172 |
|
|
POSN TRADING |
weekly |
DATE |
16th / 20th may 2016 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
7822 |
7746/7670 / 7594 |
7898 |
|
long |
7898 |
7974/8050 |
7822 |
|
|
bse sensex |
short |
25450 |
25150/24850/550 |
25750 |
|
long |
25750 |
26050/350/650 |
25450 |
|
|
BANK NIFTY |
Short |
16760 |
16610/460/310/160/010 |
16910 |
|
Long |
16910 |
17060/210 |
16760 |
|
|
CNX IT |
short |
11060 |
10960/860/760 |
11160 |
|
long |
11160 |
11260/360 |
11060 |
|
|
AMARA RAJA |
Short |
940 |
928/16/04/892/880 |
952 |
|
Long |
952 |
964/76/88/1000 |
994043 |
|
|
axis bank |
Short |
491 |
486/81/76/71/66/61 |
496 |
|
Long |
496 |
501/06/11/16/21 |
491 |
|
|
BHARAT FORGE |
Short |
753 |
745/37/29/21/13/05 |
761 |
|
Long |
761 |
769/77/85/93/801 |
753 |
|
|
BOB |
Short |
120 |
116/12/08/04/100 |
124 |
|
Long |
128 |
132/36/40 |
124 |
|
|
COAL INDIA |
Short |
279 |
276.5/74/71.5/69 |
281.5 |
|
Long |
284 |
286.5/89/91.5/94 |
281.5 |
|
|
HDFC |
Short |
1165 |
1154/43/32 |
1176 |
|
Long |
1176 |
1187/98/1209/20 |
1165 |
|
|
hdfc bank |
Short |
1143 |
1136/29/22/15 |
1150 |
|
Long |
1150 |
1157/64/71/78 |
1143 |
|
|
HUL |
Short |
826 |
816/06/796 |
836 |
|
Long |
836 |
846/56/66 |
826 |
|
|
ICICI BANK |
Short |
226 |
222.5/19/15.5/12 |
229.5 |
|
Long |
229.5 |
233/36.5/40 |
226 |
|
|
INFOSYS |
Short |
1211 |
1200/1188/77 |
1223 |
|
long |
1223 |
1234/46/57 |
1211 |
|
|
INDUSIND |
Short |
1067 |
1058/49/40/31 |
1076 |
|
Long |
1076 |
1085/94/1103 |
1067 |
|
|
ITC |
Short |
318 |
314/10/06 |
322 |
|
Long |
322 |
326/30/34/38 |
318 |
|
|
LT |
Short |
1292 |
1277/62/47/32 |
1307 |
|
Long |
1307 |
1322/37/52 |
1292 |
|
|
M SUMI |
Short |
263 |
261/59/57/55/53/51 |
265 |
|
long |
267 |
269/71/73/75 |
265 |
|
|
M&M |
Short |
1309 |
1301/1292/84 |
1318 |
|
Long |
1318 |
1326/35/43/52 |
1309 |
|
|
MARUTI |
Short |
3840 |
3797/54/11/3668 |
3883 |
|
Long |
3883 |
3926/69/4012 |
3840 |
|
|
NBCC |
Short |
977 |
968/58/49/39/30 |
987 |
|
Long |
987 |
996/1006/15/25 |
977 |
|
|
ONGC |
Short |
205 |
202/199/96 |
208 |
|
long |
208 |
211/14/17 |
205 |
|
|
PNB |
Short |
77 |
75.5/74/72.5/71 |
77.75 |
|
Long |
78.5 |
80/81.5/83 |
77.75 |
|
|
RELIANCE |
Short |
980 |
972/64/56/48/40 |
988 |
|
long |
988 |
996/1004/12/20 |
980 |
|
|
SBI |
Short |
184 |
181/78/75/72 |
185.5 |
|
Long |
187 |
190/93/96 |
185.5 |
|
|
sun pharma |
Short |
790 |
779/68/57 |
801 |
|
Long |
801 |
812/23/34 |
790 |
|
|
TATAMOTORS |
Short |
390 |
386/82/78/74/70 |
394 |
|
Long |
394 |
398/402/06 |
390 |
|
|
tata steel |
Short |
324 |
319/14/09/04/299 |
329 |
|
Long |
329 |
334/39/44/49 |
324 |
|
|
TCS |
Short |
2520 |
2501/482/63/44 |
2539 |
|
Long |
2539 |
2558/77/96 |
2520 |
|
|
VOLTAS |
Short |
326 |
322.5/19/15.5/12/08.5/05 |
329.5 |
|
Long |
329.5 |
333/36.5/40 |
326 |
|
|
YES BANK |
Short |
955 |
947/39/31/23 |
963 |
|
Long |
963 |
971/79/87/95 |
955 |
|
|
ULTRATECH |
Short |
3165 |
3120/075/030 |
3210 |
|
Long |
3210 |
3255/300 |
3165 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
8180 |
x |
8235 |
|
long |
8235 |
x |
8180 |
|
|
CNX ENERGY |
short |
8280 |
x |
8340 |
|
long |
8340 |
x |
8280 |
|
|
CNX FMCG |
short |
19675 |
x |
19825 |
|
long |
19825 |
x |
19675 |
|
|
CNX INFRA |
short |
2624 |
x |
2654 |
|
long |
2654 |
x |
2624 |
|
|
CNX METAL |
short |
1914 |
x |
1934 |
|
long |
1934 |
x |
1914 |
|
|
NIFTY MID100 |
short |
13120 |
x |
13200 |
|
long |
13200 |
x |
13120 |
|
|
CNX PHARMA |
short |
11160 |
x |
11240 |
|
long |
11240 |
x |
11160 |
|
|
CNX PSU BANKS |
short |
2367 |
x |
2392 |
|
long |
2392 |
x |
2367 |
|
|
CNX REALTY |
short |
172 |
x |
173.5 |
|
long |
173.5 |
x |
172 |
|
MY WKLY TAKE .....
SIDEWAYS MARKET MAKES LIFE DIFFICULT FOR TRADERS . . .
Trading levels – 16th / 20th May 2016
Market has turned sideways and it is trading within 200 points weekly range. Traders find extremely difficult to make money in such a market as it keeps giving alternate bouts of buying and selling.
The daily charts are indicating that a 200 point break out is imminent in the direction of initial 100 point move. I will give 70 % possibility of downside break-out pushing NIFTY towards 7500.
PSU banks like SBI / PNB are yet to give the results and they may spring some negative surprises forcing bank-nifty down. This will eventually pull down NIFTY as well. Reliance was a strong stock till 2/3 weeks ago but that has weakened off-late and has become a drag on NIFTY.
There were rumours of HDFC twins getting merged and that has pulled up both the stocks substantially.
You may buy 7500 or 7600 puts – as per ur risk apetite and u will have a chance to double or triple tour money … keep a stoploss at 50 % and trade.
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 ? ? ?
|
pl trade in the direction of NIFTY |
||||
|
intra levels |
|
DATE |
13th may 2016 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
7867 |
7848/29/10 |
7886 |
|
long |
7905 |
7924/43 |
7886 |
|
|
bank nifty |
short |
16860 |
16755/650/545/440 |
16965 |
|
long |
16965 |
17070/175 |
16860 |
|
|
hdfc bank |
short |
1145 |
1141/37/33 |
1149 |
|
long |
1153 |
1157/61/65 |
1149 |
|
|
reliance |
short |
993 |
987/82 |
999 |
|
long |
999 |
1004/10/15/21 |
993 |
|
|
TCS |
short |
2559 |
2544/29/14 |
2573 |
|
long |
2573 |
2587/2601/15 |
2559 |
|
|
tata elxsi |
short |
1901 |
1893/85/77/69/61 |
1909 |
|
long |
1909 |
1917/25/33/41 |
1901 |
|
|
bharat forge |
short |
771.5 |
767/63.5/59/54.5/50 |
776 |
|
long |
776 |
780.5/85/89.5/94 |
771.5 |
|
