October 2017
|
POSN TRADING |
weekly |
DATE |
16th / 20th october 2017 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
10136 |
10065/9994/23 |
10207 |
|
long |
10278 |
10349/420 |
10207 |
|
|
bse sensex |
short |
32460 |
32290/120/31950/780 |
32630 |
|
long |
32800 |
32970/33140 |
32630 |
|
|
bank nifty |
short |
24640 |
24510/380/250/120 |
24770 |
|
long |
24900 |
25030/160/290 |
24770 |
|
|
cnx IT |
short |
10840 |
10710/580/450 |
10970 |
|
long |
10970 |
11100/230 |
10840 |
|
|
ashok leyland |
Short |
125 |
123.5/22/20.5/19/17.5/16 |
126.5 |
|
Long |
128 |
129.5/31/32.5/34 |
126.5 |
|
|
axis bank |
Short |
524 |
518/12/06/500 |
530 |
|
Long |
530 |
536/42 |
524 |
|
|
bajaj finance |
Short |
1953 |
1930/07/1884/61 |
1980 |
|
Long |
1980 |
2003/26/49 |
1953 |
|
|
BOB |
Short |
140 |
138/36/34 |
142 |
|
Long |
142 |
144/46 |
140 |
|
|
BEML |
Short |
1728 |
1706/1684/62 |
1750 |
|
Long |
1750 |
1772/94 |
1728 |
|
|
BOSCH |
Short |
21680 |
21400/120/20840/560 |
21960 |
|
Long |
21960 |
22240/520/800 |
21680 |
|
|
eicher motors |
Short |
31600 |
31300/31000/30700/400/100 |
31900 |
|
long |
32200 |
32500/800/33100/400 |
31900 |
|
|
ESCORTS |
Short |
711 |
702/693/84 |
720 |
|
Long |
720 |
729/38/47 |
711 |
|
|
hdfc bank |
Short |
1840 |
1826/12/1798/84/70 |
1854 |
|
Long |
1868 |
1872/86/1900 |
1854 |
|
|
HDFC |
Short |
1782 |
1757/32/07/1682/57/32 |
1807 |
|
Long |
1807 |
1832/57 |
1782 |
|
|
HUL |
Short |
1251 |
1238/25/12/199 |
1264 |
|
Long |
1264 |
1277/90 |
1251 |
|
|
ICICI BANK |
Short |
271 |
267.5/64/60.5/57 |
274.5 |
|
Long |
274.5 |
278/81.5/85 |
271 |
|
|
INFOSYS |
Short |
925 |
918/11/04/897/90 |
932 |
|
long |
939 |
946/53/60 |
932 |
|
|
indusind bank |
Short |
1717 |
1692/67/42/17 |
1742 |
|
Long |
1742 |
1767/92 |
1717 |
|
|
IB HSG |
Short |
1285 |
1271/57/43/29/15/01 |
1299 |
|
Long |
1299 |
1313/27/41 |
1285 |
|
|
ITC |
Short |
267 |
264/61/58/55 |
270 |
|
Long |
270 |
273/76 |
267 |
|
|
LT |
Short |
1131 |
1114/1097/80 |
1148 |
|
Long |
1148 |
1165/82/99 |
1131 |
|
|
M&M |
Short |
1328 |
1314/1300/1286/72 |
1342 |
|
Long |
1342 |
1356/70 |
1328 |
|
|
MARUTI |
Short |
7900 |
7830/760/690/620/550 |
7970 |
|
Long |
7970 |
8040/8110/8180/250 |
7900 |
|
|
PNB |
Short |
134 |
132.5/31/29.5/28 |
135.5 |
|
Long |
137 |
138.5/40 |
135.5 |
|
|
RELIANCE |
Short |
882 |
874/66/58/50 |
890 |
|
long |
898 |
906/14/22/30 |
890 |
|
|
SBI |
Short |
254 |
250.5/47/43.5/40 |
257.5 |
|
Long |
257.5 |
261/64.5/68 |
254 |
|
|
TATAMOTORS |
Short |
421 |
416/11/06/401 |
426 |
|
Long |
426 |
431/36/41 |
421 |
|
|
tata steel |
Short |
708 |
700/692/84/76 |
716 |
|
Long |
716 |
724/32/40 |
708 |
|
|
TCS |
Short |
2535 |
2510/2485/60/35/10 |
2560 |
|
Long |
2560 |
2585/2610/35 |
2535 |
|
|
TVS MOTORS |
Short |
697.5 |
691/84.5/78/71.5/65 |
704 |
|
Long |
704 |
710.5/17 |
697.5 |
|
|
TITAN |
Short |
622.5 |
617/11.5/06/600.5/595 |
628 |
|
Long |
628 |
633.5/39/44.5/50 |
622.5 |
|
|
VOLTAS |
Short |
532.5 |
526/19.5/13/06.5/500 |
539 |
|
Long |
539 |
545.5/52 |
532.5 |
|
|
YES BANK |
Short |
367 |
363/59/55/51 |
371 |
|
Long |
371 |
375/79/83 |
367 |
|
|
ULTRATECH |
Short |
4006 |
3956/06/3856/806 |
4056 |
|
Long |
4056 |
4106/156 |
4006 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
11120 |
x |
11210 |
|
long |
11210 |
x |
11120 |
|
|
CNX ENERGY |
short |
13700 |
x |
13830 |
|
long |
13830 |
x |
13700 |
|
|
CNX FMCG |
short |
25450 |
x |
25675 |
|
long |
25675 |
x |
25450 |
|
|
CNX INFRA |
short |
3340 |
x |
3390 |
|
long |
3390 |
x |
3340 |
|
|
CNX METAL |
short |
3785 |
x |
3835 |
|
long |
3835 |
x |
3785 |
|
|
NIFTY MID100 |
short |
18620 |
x |
18870 |
|
long |
18870 |
x |
18620 |
|
|
CNX PHARMA |
short |
9500 |
x |
9590 |
|
long |
9590 |
x |
9500 |
|
|
CNX PSU BANKS |
short |
3045 |
x |
3087 |
|
long |
3087 |
x |
3045 |
|
|
CNX REALTY |
short |
283 |
x |
285 |
|
long |
287 |
x |
285 |
|
|
POSN TRADING |
weekly |
DATE |
16th / 20th october 2017 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
10136 |
10065/9994/23 |
10207 |
|
long |
10278 |
10349/420 |
10207 |
|
|
bse sensex |
short |
32460 |
32290/120/31950/780 |
32630 |
|
long |
32800 |
32970/33140 |
32630 |
|
|
bank nifty |
short |
24640 |
24510/380/250/120 |
24770 |
|
long |
24900 |
25030/160/290 |
24770 |
|
|
cnx IT |
short |
10840 |
10710/580/450 |
10970 |
|
long |
10970 |
11100/230 |
10840 |
|
|
ashok leyland |
Short |
125 |
123.5/22/20.5/19/17.5/16 |
126.5 |
|
Long |
128 |
129.5/31/32.5/34 |
126.5 |
|
|
axis bank |
Short |
524 |
518/12/06/500 |
530 |
|
Long |
530 |
536/42 |
524 |
|
|
bajaj finance |
Short |
1953 |
1930/07/1884/61 |
1980 |
|
Long |
1980 |
2003/26/49 |
1953 |
|
|
BOB |
Short |
140 |
138/36/34 |
142 |
|
Long |
142 |
144/46 |
140 |
|
|
BEML |
Short |
1728 |
1706/1684/62 |
1750 |
|
Long |
1750 |
1772/94 |
1728 |
|
|
BOSCH |
Short |
21680 |
21400/120/20840/560 |
21960 |
|
Long |
21960 |
22240/520/800 |
21680 |
|
|
eicher motors |
Short |
31600 |
31300/31000/30700/400/100 |
31900 |
|
long |
32200 |
32500/800/33100/400 |
31900 |
|
|
ESCORTS |
Short |
711 |
702/693/84 |
720 |
|
Long |
720 |
729/38/47 |
711 |
|
|
hdfc bank |
Short |
1840 |
1826/12/1798/84/70 |
1854 |
|
Long |
1868 |
1872/86/1900 |
1854 |
|
|
HDFC |
Short |
1782 |
1757/32/07/1682/57/32 |
1807 |
|
Long |
1807 |
1832/57 |
1782 |
|
|
HUL |
Short |
1251 |
1238/25/12/199 |
1264 |
|
Long |
1264 |
1277/90 |
1251 |
|
|
ICICI BANK |
Short |
271 |
267.5/64/60.5/57 |
274.5 |
|
Long |
274.5 |
278/81.5/85 |
271 |
|
|
INFOSYS |
Short |
925 |
918/11/04/897/90 |
932 |
|
long |
939 |
946/53/60 |
932 |
|
|
indusind bank |
Short |
1717 |
1692/67/42/17 |
1742 |
|
Long |
1742 |
1767/92 |
1717 |
|
|
IB HSG |
Short |
1285 |
1271/57/43/29/15/01 |
1299 |
|
Long |
1299 |
1313/27/41 |
1285 |
|
|
ITC |
Short |
267 |
264/61/58/55 |
270 |
|
Long |
270 |
273/76 |
267 |
|
|
LT |
Short |
1131 |
1114/1097/80 |
1148 |
|
Long |
1148 |
1165/82/99 |
1131 |
|
|
M&M |
Short |
1328 |
1314/1300/1286/72 |
1342 |
|
Long |
1342 |
1356/70 |
1328 |
|
|
MARUTI |
Short |
7900 |
7830/760/690/620/550 |
7970 |
|
Long |
7970 |
8040/8110/8180/250 |
7900 |
|
|
PNB |
Short |
134 |
132.5/31/29.5/28 |
135.5 |
|
Long |
137 |
138.5/40 |
135.5 |
|
|
RELIANCE |
Short |
882 |
874/66/58/50 |
890 |
|
long |
898 |
906/14/22/30 |
890 |
|
|
SBI |
Short |
254 |
250.5/47/43.5/40 |
257.5 |
|
Long |
257.5 |
261/64.5/68 |
254 |
|
|
TATAMOTORS |
Short |
421 |
416/11/06/401 |
426 |
|
Long |
426 |
431/36/41 |
421 |
|
|
tata steel |
Short |
708 |
700/692/84/76 |
716 |
|
Long |
716 |
724/32/40 |
708 |
|
|
TCS |
Short |
2535 |
2510/2485/60/35/10 |
2560 |
|
Long |
2560 |
2585/2610/35 |
2535 |
|
|
TVS MOTORS |
Short |
697.5 |
691/84.5/78/71.5/65 |
704 |
|
Long |
704 |
710.5/17 |
697.5 |
|
|
TITAN |
Short |
622.5 |
617/11.5/06/600.5/595 |
628 |
|
Long |
628 |
633.5/39/44.5/50 |
622.5 |
|
|
VOLTAS |
Short |
532.5 |
526/19.5/13/06.5/500 |
539 |
|
Long |
539 |
545.5/52 |
532.5 |
|
|
YES BANK |
Short |
367 |
363/59/55/51 |
371 |
|
Long |
371 |
375/79/83 |
367 |
|
|
ULTRATECH |
Short |
4006 |
3956/06/3856/806 |
4056 |
|
Long |
4056 |
4106/156 |
4006 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
11120 |
x |
11210 |
|
long |
11210 |
x |
11120 |
|
|
CNX ENERGY |
short |
13700 |
x |
13830 |
|
long |
13830 |
x |
13700 |
|
|
CNX FMCG |
short |
25450 |
x |
25675 |
|
long |
25675 |
x |
25450 |
|
|
CNX INFRA |
short |
3340 |
x |
3390 |
|
long |
3390 |
x |
3340 |
|
|
CNX METAL |
short |
3785 |
x |
3835 |
|
long |
3835 |
x |
3785 |
|
|
NIFTY MID100 |
short |
18620 |
x |
18870 |
|
long |
18870 |
x |
18620 |
|
|
CNX PHARMA |
short |
9500 |
x |
9590 |
|
long |
9590 |
x |
9500 |
|
|
CNX PSU BANKS |
short |
3045 |
x |
3087 |
|
long |
3087 |
x |
3045 |
|
|
CNX REALTY |
short |
283 |
x |
285 |
|
long |
287 |
x |
285 |
|
HITTING ALL TIME HIGH IS BECOMING A HABIT …. IS IT ? ? ?
As I sit down to write this DIWALI article, we have hit an all time high and an all time closing high the previous trading day. AND WE HAVE DONE IT 3 TIMES IN LAST 10/12 WEEKS …. SO … IS IT HABIT FORMING ?
Let us briefly review what has happened in the past 12 months. I CAN TELL YOU THAT THIS WAS THE MOST TUMULTOUS YEAR THAT WE HAVE SEEN IN LAST TWO DECADES. The previous occasion was in 1991 /92 – the first year of PV Narsimhrao / Manmohansingh duo.
Immediately after DIWALI, we had to face un-official financial / economic emergency by way of DEMONETISATION and the very strict and ever changing RBI regulations about withdrawals etc. We had as many as 32 RBI circulars in 50 days. JURY IS STILL OUT WHETHER IT WAS A SUCCESS OR A FAILURE but one thing is certain that it disrupted the businesses no end – resulting into some temporary and some permanent job losses. Government has not put out any official figure but unofficial figure is about 1.5 million jobs lost …THAT IS BIG - particularly when we are struggling to create few lakh jobs per year.
The MSME sector suffered no end and by the time they were just coming out of this shock …. THEY HAD TO FACE ANOTHER TSUNAMI … in the form of GST. This was again a massive disruption which MSME sector is finding difficult to cope with.
SOME OF THE ANALYSTS ARE ON RECORD STATING THAT - in the coming 2/3 years - 60 TO 80 % MSME SECTOR WILL EITHER CLOSE DOWN OR WILL BECOME VENDORS TO LARGE MANUFACTURERS. IN EITHER CASE – THEY WOULD HAVE LOST THEIR IDENTITY / ECONOMIC INDEPENDENCE JUST FOR THE SAKE OF SURVIVAL.
Now let us look at the positives --- ECONOMY IS GETTING FORMALISED / THE BANKS ARE FLUSH WITH CHEAP CASA FUNDS AND THE INVESTMENTS ARE GETTING ROUTED TO FINACIAL INSTRUMENTS RATHER THAN PHYSICAL ASSETS.
This is the crux of the huge boom which you have seen in NIFTY in last 10 months. MFs are getting dollops of money - month after month - and every time they are chasing same old favourites - sending their valuations thru the roof.
When the going is good …. It sounds great but the risk / reward ratio is no more in favour of fresh investments unless you are looking at minimum 2/3 years time frame.
I HAVE BEEN ADVOCATING SKIMMING OF PROFITS FROM TIME TO TIME. AS AN INDIVIDUAL YOU HAVE THAT LIBERTY AS YOU DO NOT HAVE PEER PRESSURE WHICH MF FUND MANAGERS HAVE.
I will recommend to wait on the sidelines with booked profit in your hand and get back with full gusto when you see earnings returning for one or two quarters. YOUR ENTRY MAY BE LITTLE LATE BUT YOU WILL NOT HAVE ROASTED BOTTOMS IF SOMETHING UNTOWARD HAPPENS IN THE INTERVENING PERIOD.
As you know, I am a very conservative person and I PREFER TO BE SAFE THAN SORRY.
Pl find below my annual trading levels for indices / large nifty stocks and some popular highly traded stocks. I HOPE THESE LEVELS WILL GIVE YOU SOME GUIDANCE IN YOUR INVETMENT ACTIVITIES.
WISING YOU
A VERY HAPPY AND PROSPEROUS
SAMVAT 2074
MADHAV RANADE
|
FOR TRIGGER, TWO WEEKLY CLOSES DESIRABLE BUT MINIMUM ONE IS A MUST |
|||||
|
|
|
samvat - 2074 |
|
||
|
stock / indices |
go |
entry |
targets |
stoploss |
|
|
bse sensex |
short |
31500 |
30400/29300/28200/27100/26000 |
32600 |
|
|
long |
33700 |
34800/35900/37000/38100 |
32600 |
||
|
NIFTY SPOT |
short |
9800 |
9560/9320/9080/8840/8600 |
10040 |
|
|
long |
10280 |
10520/10760/11000/11240 |
10040 |
||
|
CNX IT |
short |
10450 |
10100/9750/9400 |
10800 |
|
|
long |
11150 |
11500/850/12200 |
10800 |
||
|
NSE bankex |
short |
24450 |
23800/23150/22500/21850/21200 |
25100 |
|
|
long |
25750 |
26400/27050/27700 |
25100 |
||
|
LARGE NIFTY STOCKS |
|||||
|
HDFC |
short |
1680 |
1600/1520/1440/1360/1280/1200 |
1760 |
|
|
long |
1840 |
1920/2000/2080/2160 |
1760 |
||
|
HDFC BANK |
short |
1750 |
1660/1570/1480/1390/1300 |
1840 |
|
|
long |
1940 |
2030/2120 |
1840 |
||
|
HUL |
short |
1200 |
1140/1080/1020/960/900 |
1260 |
|
|
long |
1320 |
1380/1440/1500 |
1260 |
||
|
ICICI BANK |
short |
260 |
244/28/12/196/180 |
276 |
|
|
long |
292 |
308/24/40 |
276 |
||
|
INFY |
short |
960 |
900/840/780/720 |
1020 |
|
|
long |
1080 |
1140/1200 |
1020 |
||
|
ITC |
short |
252 |
237/222/207/192 |
267 |
|
|
long |
282 |
297/312/327/342 |
267 |
||
|
LT |
short |
1200 |
1115/1030/945/860 |
1285 |
|
|
long |
1370 |
1455/1540 |
1285 |
||
|
MARUTI |
short |
7250 |
6700/6150/5600 |
7800 |
|
|
long |
8350 |
8900/9450/1000 |
7800 |
||
|
RELIANCE |
short |
800 |
745/690/635/580 |
855 |
|
|
long |
910 |
965/1020/1075/1130 |
855 |
||
|
SBI |
short |
246 |
230/214/198/182 |
262 |
|
|
long |
278 |
294/310/326 |
262 |
||
|
TCS |
short |
2500 |
2390/2280/2170/2060/1950 |
2610 |
|
|
long |
2720 |
2830/2940/3050 |
2610 |
||
|
POPULAR / HIGHLY TRADED STOCKS |
|||||
|
ASHOK LEYLAND |
short |
121 |
114.5/108/101.5/95/88.5/82 |
127.5 |
|
|
long |
134 |
140.5/47/53.5/60 |
127.5 |
||
|
TVS MOTORS |
short |
668 |
630/592/554/516 |
706 |
|
|
long |
744 |
782/820 |
706 |
||
|
AUROBINDO |
short |
710 |
670/630/590/550/510 |
750 |
|
|
long |
790 |
830/870/910/950/990 |
750 |
||
|
ASIAN PAINTS |
short |
1150 |
1095/1040/985/930/875/820 |
1205 |
|
|
long |
1260 |
1315/1370/1425/1480 |
1205 |
||
|
ESCORTS |
short |
685 |
650/615/580/545/510 |
720 |
|
|
long |
755 |
790/825/860 |
720 |
||
|
BAJAJ FINANCE |
short |
1810 |
1710/1610/1510/1410/1310/1210 |
1910 |
|
|
long |
2010 |
2110/2210/2310/2410 |
1910 |
||
|
BATA |
short |
740 |
695/650/605/560/515/470 |
785 |
|
|
long |
830 |
875/920/965/1010 |
785 |
||
|
BHARAT FORGE |
short |
615 |
540/465 |
652 |
|
|
long |
690 |
765/840 |
652 |
||
|
AXIS BANK |
short |
515 |
490/465/440/415/390 |
540 |
|
|
long |
565 |
590/615/640/665 |
540 |
||
|
BHARAT FORGE |
short |
615 |
540/465 |
652 |
|
|
long |
690 |
765/840 |
652 |
||
|
YES BANK |
short |
348 |
332/316/300/284/268 |
364 |
|
|
long |
380 |
396/412/428/444/460 |
364 |
||
|
INDUSIND BANK |
short |
1680 |
1570/1460/1350/1240 |
1790 |
|
|
long |
1900 |
2010/2120 |
1790 |
||
|
TATA STEEL |
short |
665 |
630/595/560/525/490 |
700 |
|
|
long |
735 |
770/805/840/875 |
700 |
||
|
VEDANTA |
short |
310 |
290/270/250/230/210 |
330 |
|
|
long |
350 |
370/390 |
330 |
||
|
intraday |
|
DATE |
13-Oct-17 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
10095 |
10075/55 |
10115 |
|
long |
10115 |
10135/155 |
10095 |
|
|
bank nifty |
short |
24310 |
24205/100/23995 |
24415 |
|
long |
24415 |
24520/625 |
24310 |
|
PL PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
intraday |
|
DATE |
12-Oct-17 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
9988 |
9955/22/9889 |
10021 |
|
long |
10021 |
10054/87 |
9888 |
|
|
bank nifty |
short |
24190 |
24100/010/23920/830 |
24280 |
|
long |
24280 |
24370/460 |
24190 |
|
|
v-mart retail |
short |
1410 |
1400/1390/80/70/60 |
1420 |
|
long |
x |
x |
x |
|
|
max financial |
short |
591 |
588/85/82/79/76 |
594 |
|
long |
x |
x |
x |
|
|
oberoi realty |
short |
406 |
403/400/397/94/91 |
409 |
|
long |
x |
x |
x |
|
|
CUB |
short |
159.75 |
158.5/57.25/56/54.75/53.5 |
161 |
|
long |
x |
x |
x |
|
|
CAN FIN |
short |
2565 |
2542/19/2496/73/50 |
2588 |
|
long |
x |
x |
x |
|
