July 2016
pl trade in the direction of NIFTY |
||||
intra levels |
|
DATE |
25th july 2016 |
|
stocks / indices |
go |
entry |
Target |
Stoploss |
NIFTY SPOT |
short |
8524 |
8510/496/82/68/54/40 |
8538 |
long |
8552 |
8566/80/94 |
8538 |
|
bank nifty |
short |
18710 |
18600/490/380 |
18820 |
long |
18820 |
18930/19040 |
18710 |
|
M&M |
short |
1436 |
1429/21/14/06/1399 |
1444 |
long |
x |
x |
x |
|
praj |
short |
87.5 |
86/84.5/83/81.5/80 |
89 |
long |
x |
x |
x |
|
gnfc |
short |
158 |
156/54/52/50 |
160 |
long |
x |
x |
x |
|
axis bank |
short |
522 |
517/12/07/02/497/92 |
527 |
long |
x |
x |
x |
|
maruti |
short |
4423 |
4407/4391/75/59 |
4439 |
long |
x |
x |
x |
DISTRIBUTION PHASE EVIDENT AS RESULTS DON’T CONFIRM GREEN SHOOTS THEORY . . .
Trading levels – 25th / 29th JULY 2016
We had several results last week – mainly from IT and financial sector …. particularly private banks. Most of these results were at best in line with expectation and none had a POSITIVE SURPRISE.
That means we are not going to get much ALFA from results front. GOOD MONSOON IS ALREADY DISCOUNTED. So everything hinges on that single factor - PASSAGE OF GST BILL. And who can count on that ? Atleast, I will not be willing to put significant bets on a POSITIVE OUTCOME as most of the upside is already captured by the current up-surge in prices and the DOWNSIDE RISK IS SIGNIFICANT.
I WILL PLAY FOR 8700 ON UPSIDE AND 8200 / 8300 ON DOWNSIDE DEPENDING ON THE OUTCOME. THESE ARE NOT THE ODDS TO BET ON EITHER SIDE AND IT IS SAFER TO WAIT ON SIDELINES AS CAPITAL PRESERVATION SHOULD BE THE PRIORITY.
I see a good possibility of market slipping towards 8350 / 8400 levels rather than crossing 8600 level decisively. AS USUAL, THE CAVEAT IS UNUSUALLY LARGE FII INFLOWS which can change the picture in a jiffy.
8300 nifty put is around 5/5.5 rupees. It can easily give u 300/400 percent return. That is the punt worth taking. BANKNIFTY 19000 CALL IS ALSO WORTH SELLING AROUND 40/45. SOME EASY MONEY CAN BE MADE.
I expect 8620 / 8650 as a big big resistance zone while 8350 should be a strong support. NIFTY may consolidate in this range while the distribution takes place till all the results are out – i.e. for 3 more weeks.
I have posted a list of about 45 stocks which you can buy for long term and I have even given the entry levels to maximize the returns. You can have a look at them on my website under messages tab.
http://www.sumamura.com/sumamura-messages/. THIS PORTFOLIO HAS DELIVERED MORE THAN 15 % RETURNS IN LAST 8 WEEKS.
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 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 |
25th / 29th july 2016 |
|
stocks / indices |
go |
entry |
Target |
Stoploss |
cnx nifty |
short |
8545 |
8495/445/395/345 |
8595 |
long |
8595 |
8645/695 |
8545 |
|
bse sensex |
short |
27800 |
27620/440/260 |
27980 |
long |
27980 |
18160/340/520 |
27800 |
|
bank nifty |
short |
18800 |
18570/340/110 |
19030 |
long |
19030 |
19260/490 |
18800 |
|
cnx IT |
short |
10780 |
10680/580/480 |
10880 |
long |
10880 |
10980/11080/180 |
10780 |
|
CNX AUTO |
short |
9300 |
x |
9370 |
long |
9370 |
x |
9300 |
|
CNX ENERGY |
short |
9219 |
x |
9292 |
long |
9292 |
x |
9219 |
|
CNX FMCG |
short |
22000 |
x |
22175 |
long |
22175 |
x |
22000 |
|
CNX INFRA |
short |
2925 |
x |
2965 |
long |
2965 |
x |
2925 |
|
CNX METAL |
short |
2431 |
x |
2452 |
long |
2452 |
x |
2431 |
|
NIFTY MID100 |
short |
14415 |
x |
14550 |
long |
14550 |
x |
14415 |
|
CNX PHARMA |
short |
11840 |
x |
11960 |
long |
11960 |
x |
11840 |
|
CNX PSU BANKS |
short |
2803 |
x |
2836 |
long |
2836 |
x |
2803 |
|
CNX REALTY |
short |
205.5 |
x |
208.5 |
long |
208.5 |
x |
205.5 |
POSN TRADING |
weekly |
DATE |
25th / 29th july 2016 |
|
stocks / indices |
go |
entry |
Target |
Stoploss |
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
cnx nifty |
short |
8545 |
8495/445/395/345 |
8595 |
long |
8595 |
8645/695 |
8545 |
|
bse sensex |
short |
27800 |
27620/440/260 |
27980 |
long |
27980 |
18160/340/520 |
27800 |
|
bank nifty |
short |
18800 |
18570/340/110 |
19030 |
long |
19030 |
19260/490 |
18800 |
|
cnx IT |
short |
10780 |
10680/580/480 |
10880 |
long |
10880 |
10980/11080/180 |
10780 |
POSN TRADING |
weekly |
DATE |
25th / 29th july 2016 |
|
stocks / indices |
go |
entry |
Target |
Stoploss |
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
cnx nifty |
short |
8545 |
8495/445/395/345 |
8595 |
long |
8595 |
8645/695 |
8545 |
|
bse sensex |
short |
27800 |
27620/440/260 |
27980 |
long |
27980 |
18160/340/520 |
27800 |
|
bank nifty |
short |
18800 |
18570/340/110 |
19030 |
long |
19030 |
19260/490 |
18800 |
|
cnx IT |
short |
10780 |
10680/580/480 |
10880 |
long |
10880 |
10980/11080/180 |
10780 |
|
axis bank |
Short |
523 |
515/08/500/492/485 |
530 |
Long |
530 |
538/45 |
523 |
|
BHARAT FORGE |
Short |
728 |
717/06/695 |
739 |
Long |
739 |
750/61 |
728 |
|
BOB |
Short |
150 |
148/46/44/42/40 |
152 |
Long |
152 |
154/56 |
150 |
|
COAL INDIA |
Short |
331 |
328.5/25.5/23/20 |
334 |
Long |
334 |
336.5/39.5/42 |
331 |
|
HDFC |
Short |
1353 |
1338/23/08/1293/78/63 |
1368 |
Long |
1368 |
1383/98 |
1353 |
|
hdfc bank |
Short |
1233 |
1218/04/1189/75 |
1247 |
Long |
1247 |
1262/76 |
1233 |
|
HUL |
Short |
904 |
896/87/79/70 |
913 |
Long |
913 |
921/30 |
904 |
|
ICICI BANK |
Short |
265 |
262.5/60/57.5/55/52.5/50 |
267.5 |
Long |
267.5 |
270/72.5 |
265 |
|
INFOSYS |
Short |
1072 |
1057/42/27/12 |
1087 |
long |
1087 |
1102/17 |
1072 |
|
INDUSIND |
Short |
1143 |
1133/23/13/03 |
1153 |
Long |
1153 |
1163/73 |
1143 |
|
ITC |
Short |
248 |
246/44/42/40 |
250 |
Long |
252 |
254/56 |
250 |
|
LT |
Short |
1566 |
1547/28/09/1490/71 |
1585 |
Long |
1585 |
1604/23 |
1566 |
|
M SUMI |
Short |
312 |
307/02/297/92/87/82 |
317 |
Long |
317 |
322/27/32/37 |
312 |
|
M&M |
Short |
1432 |
1414/1396/78/60 |
1450 |
Long |
1450 |
1468/86 |
1432 |
|
MARUTI |
Short |
4422 |
4377/32/287/42 |
4467 |
Long |
4467 |
4512/57 |
4422 |
|
NBCC |
Short |
251 |
248/44.5/41.5/38 |
254.5 |
Long |
254.5 |
257.5/61 |
251 |
|
RELIANCE |
Short |
1017 |
1009/1001/993/85 |
1025 |
long |
1025 |
1033/41/49 |
1017 |
|
SBI |
Short |
226 |
223/20/17/14/11 |
229 |
Long |
229 |
232/35/38/41 |
226 |
|
sun pharma |
Short |
788 |
780/72/64/56 |
796 |
Long |
796 |
804/12/20 |
788 |
|
TATAMOTORS |
Short |
508 |
502/496/90/84/78 |
514 |
Long |
514 |
520/26 |
508 |
|
tata steel |
Short |
363.5 |
360.5/57/53.5/50.5 |
367 |
Long |
367 |
370/73.5 |
363.5 |
|
TCS |
Short |
2504 |
2484/64/44/24 |
2524 |
Long |
2524 |
2544/64 |
2504 |
|
VOLTAS |
Short |
335.5 |
332/28.5/25/21.5/18/14.5/11 |
339 |
Long |
339 |
342.5/46 |
335.5 |
|
YES BANK |
Short |
1152 |
1137/22/07/1092/77 |
1167 |
Long |
1167 |
1182/97 |
1152 |
|
ULTRATECH |
Short |
3652 |
3607/3562/17 |
3697 |
Long |
3697 |
3742/87 |
3652 |
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
9300 |
x |
9370 |
long |
9370 |
x |
9300 |
|
CNX ENERGY |
short |
9219 |
x |
9292 |
long |
9292 |
x |
9219 |
|
CNX FMCG |
short |
22000 |
x |
22175 |
long |
22175 |
x |
22000 |
|
CNX INFRA |
short |
2925 |
x |
2965 |
long |
2965 |
x |
2925 |
|
CNX METAL |
short |
2431 |
x |
2452 |
long |
2452 |
x |
2431 |
|
NIFTY MID100 |
short |
14415 |
x |
14550 |
long |
14550 |
x |
14415 |
|
CNX PHARMA |
short |
11840 |
x |
11960 |
long |
11960 |
x |
11840 |
|
CNX PSU BANKS |
short |
2803 |
x |
2836 |
long |
2836 |
x |
2803 |
|
CNX REALTY |
short |
205.5 |
x |
208.5 |
long |
208.5 |
x |
205.5 |
POSN TRADING |
weekly |
DATE |
25th / 29th july 2016 |
|
stocks / indices |
go |
entry |
Target |
Stoploss |
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
cnx nifty |
short |
8545 |
8495/445/395/345 |
8595 |
long |
8595 |
8645/695 |
8545 |
|
bse sensex |
short |
27800 |
27620/440/260 |
27980 |
long |
27980 |
18160/340/520 |
27800 |
|
bank nifty |
short |
18800 |
18570/340/110 |
19030 |
long |
19030 |
19260/490 |
18800 |
|
cnx IT |
short |
10780 |
10680/580/480 |
10880 |
long |
10880 |
10980/11080/180 |
10780 |
|
axis bank |
Short |
523 |
515/08/500/492/485 |
530 |
Long |
530 |
538/45 |
523 |
|
BHARAT FORGE |
Short |
728 |
717/06/695 |
739 |
Long |
739 |
750/61 |
728 |
|
BOB |
Short |
150 |
148/46/44/42/40 |
152 |
Long |
152 |
154/56 |
150 |
|
COAL INDIA |
Short |
331 |
328.5/25.5/23/20 |
334 |
Long |
334 |
336.5/39.5/42 |
331 |
|
HDFC |
Short |
1353 |
1338/23/08/1293/78/63 |
1368 |
Long |
1368 |
1383/98 |
1353 |
|
hdfc bank |
Short |
1233 |
1218/04/1189/75 |
1247 |
Long |
1247 |
1262/76 |
1233 |
|
HUL |
Short |
904 |
896/87/79/70 |
913 |
Long |
913 |
921/30 |
904 |
|
ICICI BANK |
Short |
265 |
262.5/60/57.5/55/52.5/50 |
267.5 |
Long |
267.5 |
270/72.5 |
265 |
|
INFOSYS |
Short |
1072 |
1057/42/27/12 |
1087 |
long |
1087 |
1102/17 |
1072 |
|
INDUSIND |
Short |
1143 |
1133/23/13/03 |
1153 |
Long |
1153 |
1163/73 |
1143 |
|
ITC |
Short |
248 |
246/44/42/40 |
250 |
Long |
252 |
254/56 |
250 |
|
LT |
Short |
1566 |
1547/28/09/1490/71 |
1585 |
Long |
1585 |
1604/23 |
1566 |
|
M SUMI |
Short |
312 |
307/02/297/92/87/82 |
317 |
Long |
317 |
322/27/32/37 |
312 |
|
M&M |
Short |
1432 |
1414/1396/78/60 |
1450 |
Long |
1450 |
1468/86 |
1432 |
|
MARUTI |
Short |
4422 |
4377/32/287/42 |
4467 |
Long |
4467 |
4512/57 |
4422 |
|
NBCC |
Short |
251 |
248/44.5/41.5/38 |
254.5 |
Long |
254.5 |
257.5/61 |
251 |
|
RELIANCE |
Short |
1017 |
1009/1001/993/85 |
1025 |
long |
1025 |
1033/41/49 |
1017 |
|
SBI |
Short |
226 |
223/20/17/14/11 |
229 |
Long |
229 |
232/35/38/41 |
226 |
|
sun pharma |
Short |
788 |
780/72/64/56 |
796 |
Long |
796 |
804/12/20 |
788 |
|
TATAMOTORS |
Short |
508 |
502/496/90/84/78 |
514 |
Long |
514 |
520/26 |
508 |
|
tata steel |
Short |
363.5 |
360.5/57/53.5/50.5 |
367 |
Long |
367 |
370/73.5 |
363.5 |
|
TCS |
Short |
2504 |
2484/64/44/24 |
2524 |
Long |
2524 |
2544/64 |
2504 |
|
VOLTAS |
Short |
335.5 |
332/28.5/25/21.5/18/14.5/11 |
339 |
Long |
339 |
342.5/46 |
335.5 |
|
YES BANK |
Short |
1152 |
1137/22/07/1092/77 |
1167 |
Long |
1167 |
1182/97 |
1152 |
|
ULTRATECH |
Short |
3652 |
3607/3562/17 |
3697 |
Long |
3697 |
3742/87 |
3652 |
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
9300 |
x |
9370 |
long |
9370 |
x |
9300 |
|
CNX ENERGY |
short |
9219 |
x |
9292 |
long |
9292 |
x |
9219 |
|
CNX FMCG |
short |
22000 |
x |
22175 |
long |
22175 |
x |
22000 |
|
CNX INFRA |
short |
2925 |
x |
2965 |
long |
2965 |
x |
2925 |
|
CNX METAL |
short |
2431 |
x |
2452 |
long |
2452 |
x |
2431 |
|
NIFTY MID100 |
short |
14415 |
x |
14550 |
long |
14550 |
x |
14415 |
|
CNX PHARMA |
short |
11840 |
x |
11960 |
long |
11960 |
x |
11840 |
|
CNX PSU BANKS |
short |
2803 |
x |
2836 |
long |
2836 |
x |
2803 |
|
CNX REALTY |
short |
205.5 |
x |
208.5 |
long |
208.5 |
x |
205.5 |