Messages

Monday, July 4 2016
08:38 AM

POSN TRADING

weekly

DATE

4th / 8th  july   2016

 

stocks / indices

go

entry

Target

Stoploss

ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY

cnx nifty

short

8330

8242/154/066

8418

long

8418

8506/94

8330

bse sensex

short

27170

26870/570/270

27470

long

27470

27770/28070

27170

bank nifty

short

17875

17625/375/125

18125

long

18125

18375/625/875

17875

cnx IT

short

11130

11040/10950/860

11220

long

11220

11310/400/490

11130

axis bank

Short

545

539/33/27/21/15

551

Long

551

557/63/69/75

545

BHARAT FORGE

Short

774

764.5/55/45.5/36

783.5

Long

783.5

793/802.5/12

774

BOB

Short

157

155/53/51/49/47/45

159

Long

159

161/63/65/67

157

COAL INDIA

Short

311

306.5/02/297.5/93

315.5

Long

315.5

320/24.5/29

311

HDFC

Short

1235

1221/07/1193/79

1249

Long

1249

1263/77/91

1235

hdfc bank

Short

1177

1164/51/38/25

1190

Long

1190

1203/16

1177

HUL

Short

895

887.5/80/72.5/65

902.5

Long

902.5

910/17.5/25

895

ICICI BANK

Short

240

237.5/35/32.5/30

242.5

Long

242.5

245/47.5/50

240

INFOSYS

Short

1172

1161/50/39

1183

long

1183

1194/1205/16/

1172

INDUSIND

Short

1125

1114/03/1092/81/70

1136

Long

1136

1147/58

1125

ITC

Short

252.5

249/45.5/42/38.5/35

256

Long

256

259.5/63/66.5/70

252.5

LT

Short

1533

1513/1493/73

1553

Long

1553

1573/93/1613

1533

M&M

Short

1455

1443/31/19/07

1467

Long

1467

1479/91/1503

1455

MARUTI

Short

4167

4133.4099/65/31/3997

4201

Long

4201

4235/69

4167

NBCC

Short

191

189.5/88/86.5/85/83.5/82

192.5

Long

194

195.5/97/98.5/200

192.5

RELIANCE

Short

975

963/51/39/27/15

987

long

987

999/1011/23

975

SBI

Short

218.5

216/13.5/11/08.5/06

221

Long

221

223.5/26/28.5/31

218.5

sun pharma

Short

756

746/36/26/16

766

Long

766

776/86/96

756

TATAMOTORS

Short

455.5

450/44.5/39/33.5/28

461

Long

461

466.5/72/77.5/83

455.5

tata steel

Short

328.5

325/21.5/18/14.5/11

332

Long

332

335.5/39/42.5/46

328.5

TCS

Short

2506

2478/50/22

2534

Long

2534

2562/90

2506

VOLTAS

Short

318

314/10/06/02/298

322

Long

322

326/30/34

318

YES BANK

Short

1126

1111/1096/81/66

1141

Long

1141

1156/71

1126

ULTRATECH

Short

3406

3383/60/37/14/3291/68/45

3429

Long

3452

3485/98/3521/44

3429

 

 

 

 

 

 

 

 

 

CNX AUTO

short

9020

x

9090

long

9090

x

9020

CNX ENERGY

short

8820

x

8880

long

8880

x

8820

CNX FMCG

short

21970

x

22140

long

22140

x

21970

CNX INFRA

short

2879

x

2900

long

2900

x

2879

CNX METAL

short

2197

x

2212

long

2212

x

2197

NIFTY MID100

short

14010

x

14150

long

14150

x

14010

CNX PHARMA

short

11260

x

11350

long

11350

x

11260

CNX PSU BANKS

short

2733

x

2760

long

2760

x

2733

CNX REALTY

short

201

x

204

long

204

x

201


08:40 AM

MY WEEKLY TAKE ....

 

RALLY AFTER BREXIT  … IS IT BEGINNING OF A NEW BULL PHASE ? ? ?

 

Trading levels –  4th / 8th  JULY    2016

 

We have had 5 positive closings continuously -  nullifying BREXIT effect completely and in fact hitting a 8 month closing high.

 

This response was least expected but huge buying support lent by HNIs / operators have made it possible  - finally forcing even the strong bear hands to cover their short positions on Thursday and Friday.

 

Current momentum can take the NIFTY up to   8500 / 8520 levels but a small retracement – up to 8220 levels – can not be ruled out.

 

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/. 

 

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

4th / 8th  july   2016

 

stocks / indices

go

entry

Target

Stoploss

cnx nifty

short

8330

8242/154/066

8418

long

8418

8506/94

8330

bse sensex

short

27170

26870/570/270

27470

long

27470

27770/28070

27170

bank nifty

short

17875

17625/375/125

18125

long

18125

18375/625/875

17875

cnx IT

short

11130

11040/10950/860

11220

long

11220

11310/400/490

11130

CNX AUTO

short

9020

x

9090

long

9090

x

9020

CNX ENERGY

short

8820

x

8880

long

8880

x

8820

CNX FMCG

short

21970

x

22140

long

22140

x

21970

CNX INFRA

short

2879

x

2900

long

2900

x

2879

CNX METAL

short

2197

x

2212

long

2212

x

2197

NIFTY MID100

short

14010

x

14150

long

14150

x

14010

CNX PHARMA

short

11260

x

11350

long

11350

x

11260

CNX PSU BANKS

short

2733

x

2760

long

2760

x

2733

CNX REALTY

short

201

x

204

long

204

x

201

 


Friday, June 24 2016
08:56 AM

intra levels

 

DATE

24th  june 2016

 

stocks / indices

go

entry

Target

Stoploss

NIFTY SPOT

short

8106

8075/44/13/7982/51

8137

long

8168

8199/230

8137

bank nifty

short

17250

17160/070/16980

17250

long

17430

17520/610/700

17250


Monday, June 20 2016
07:47 AM

my weekly take ...

 

ANXIETY OVER BREXIT KEEPS MARKETS ON TENTERHOOK . . .

 

Trading levels –20th / 24th    June   2016

 

It is now 15 trading sessions that the market is in a tight trading range of 200 NIFTY points. The break-out is bound to happen by Friday 24th when results about BREXIT referendum will be known.

 

Market is betting on NO EXIT. Hence …. If there is a verdict saying  EXIT … we can go down by 250/300 points while the status quo will ensure about 100 / 125  point upside. This prediction is looking at today’s NIFTY level of 8170.

 

There is gap at 7941 / 7948 which is likely to get filled and may be a chance of filling the earlier gap at 7761 / 7809 in the following week.

 

RBI   has again thrown a lifeline to  banks  by proposing to allow them to convert 50 % of outstanding loans in to equity if the corporates are willing to settle balance amounts in a time-bound manner. This has given new lease of life to some banks – private as well as PSU  - which  are reeling under huge NPA burden. Naturally, BANK NIFTY looks a little upbeat with this development.

 

Cabinet has also cleared merger of SBI associate banks with SBI. associate  banks jumped 30/35 % but smaller PSU banks also added 5/7 % because of improved sentiment.

 

Technically speaking, it looks like the death cross on weekly charts is showing its effect and putting downward pressure on the market.

 

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/. 

 

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

20th / 24th  june  2016

 

stocks / indices

go

entry

Target

Stoploss

cnx nifty

short

8175

8075/7975/875/775

8275

long

8275

8375/475

8175

bse sensex

short

26730

26410/090/25770/450

27050

long

27050

27370/690

26730

bank nifty

short

17740

17570/400/230/060

17910

long

17910

18080/250/420

17740

cnx IT

short

11330

11230/130/030//10930

11430

long

11430

11530/630

11330

CNX AUTO

short

8680

x

8740

long

8740

x

8680

CNX ENERGY

short

8525

x

8575

long

8575

x

8525

CNX FMCG

short

21090

x

21240

long

21240

x

21090

CNX INFRA

short

2790

x

2814

long

2814

x

2790

CNX METAL

short

2118

x

2142

long

2142

x

2118

NIFTY MID100

short

13280

x

13410

long

13410

x

13280

CNX PHARMA

short

10650

x

10750

long

10750

x

10650

CNX PSU BANKS

short

2620

x

2645

long

2645

x

2620

CNX REALTY

short

190

x

191.5

long

191.5

x

190

 

 

 


08:13 AM

POSN TRADING

weekly

DATE

20th / 24th  june  2016

 

stocks / indices

go

entry

Target

Stoploss

ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY

cnx nifty

short

8175

8075/7975/875/775

8275

long

8275

8375/475

8175

bse sensex

short

26730

26410/090/25770/450

27050

long

27050

27370/690

26730

bank nifty

short

17740

17570/400/230/060

17910

long

17910

18080/250/420

17740

cnx IT

short

11330

11230/130/030//10930

11430

long

11430

11530/630

11330

axis bank

Short

527.5

523/18.5/14/09.5/05

532

Long

532

536.5/41/45.5/50

527.5

BHARAT FORGE

Short

730

722/14/06/698

738

Long

738

846/54/62/70

730

BOB

Short

150.5

149.25/48/46.75/45.5

151.75

Long

151.75

153/54.25/55.5/56.75/58

150.5

COAL INDIA

Short

312

308/04/300

316

Long

316

320/24/28

312

HDFC

Short

1226

1216/06/1196/86/76

1236

Long

1236

1246/56/66

1226

hdfc bank

Short

1171

1162/53/44/35

1180

Long

1180

1189/98/1207

1171

HUL

Short

882

874/66/58/50

890

Long

890

898/906/14/22

882872

ICICI BANK

Short

238

235/32/29/26

241

Long

241

244/47/50

238

INFOSYS

Short

1175

1161/47/33/19

1189

long

1189

1203/17/31

1175

INDUSIND

Short

1094

1081/68/55/42

1107

Long

1107

1120/33/46

1094

ITC

Short

360

355.5/51/46.5/42

364.5

Long

364.5

369/73.5

360

LT

Short

1487

1466/45/24

1508

Long

1508

1529/50

1487

M&M

Short

1346

1331/16/1301

1361

Long

1361

1376/91

1346

MARUTI

Short

4125

4075/25/3975/25

4175

Long

4175

4225/275

4125

NBCC

Short

185.5

182.5/79.5/76.5/73.5/70.5

188.5

Long

188.5

191.5/94.5/97.5

185.5

RELIANCE

Short

975

963/51/39/27

987

long

987

999/1011/23

975

SBI

Short

211

206.5/02/197.5/93

215.5

Long

215.5

220/24.5

211

sun pharma

Short

749

738/27/16/05

760

Long

760

771/82

749

TATAMOTORS

Short

462

458/54/50/46/42

466

Long

466

470/74/78/82

462

tata steel

Short

328

323/18/13/08/03

333

Long

333

338/43/48

328

TCS

Short

2599

2580/62/43/25/06

2617

Long

2617

2636/54/73

2599

VOLTAS

Short

318

313/08/03/298

323

Long

323

328/33/38

318

YES BANK

Short

1072

1064/56/48/40

1080

Long

1080

1088/96/1104/12/20

1072

ULTRATECH

Short

3323

3297/71/45/19

3349

Long

3349

3375/401/27/53

3323

 

 

 

 

 

 

 

 

 

CNX AUTO

short

8680

x

8740

long

8740

x

8680

CNX ENERGY

short

8525

x

8575

long

8575

x

8525

CNX FMCG

short

21090

x

21240

long

21240

x

21090

CNX INFRA

short

2790

x

2814

long

2814

x

2790

CNX METAL

short

2118

x

2142

long

2142

x

2118

NIFTY MID100

short

13280

x

13410

long

13410

x

13280

CNX PHARMA

short

10650

x

10750

long

10750

x

10650

CNX PSU BANKS

short

2620

x

2645

long

2645

x

2620

CNX REALTY

short

190

x

191.5

long

191.5

x

190


Monday, June 13 2016
07:29 AM

NIFTY  -  I  THINK IT IS DISTRIBUTION  TIME  - BE CAREFUL . . .

 

Trading levels –13th / 17th   June   2016

 

RBI credit policy  was very much on expected lines but one small clarification given my Dy Governor Mundhra  managed to put ICICI / SBI / FEDERAL BANK on fire. The clarification was about PROVISIONING NORMS  for the remainder of FY 17.

 

NIFTY continued it’s slow upward march for first three days but came under pressure on the last two days due to weakness in IT stocks. So much  so that we have ended the week  50 points lower.

 

What is intriguing me is that the actual market moves are not reflecting the FII or DII positions correctly.  I have seen market going up 100 points with meagre contribution from either FII or DII and on some days, market going down 60/70 points in spite of both FII and DII being positive. THIS DIVERGENCE INDICATES A LOT OF HNI / OPERATORS ACTING IN A  CARTEL TO MANAGE CERTAIN LEVEL FOR THE MARKET.

 

This is not healthy. I am getting a feeling that these people have already started distribution at higher levels and unless we have huge dollops of FII money- we may slide down to 8060 or even lower to 7940/50 zone.

 

Technically speaking, it looks like the death cross on weekly charts is showing its effect and putting downward pressure on the market.

 

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.

 

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.   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

13th / 17th  june  2016

 

stocks / indices

go

entry

Target

Stoploss

cnx nifty

short

8175

8100/8025/7950/7875/7800

8250

long

8250

8325/400/475/550

8175

bse sensex

short

26725

26500/275/26050

26950

long

26950

27175/27400/27625

26725

bank nifty

short

17770

17630/490/350/210

17910

long

17910

18050/190/330

17770

cnx IT

short

11220

11080/10940/10800

11360

long

11360

11500/640/780

11220

CNX AUTO

short

8710

x

8815

long

8815

x

8710

CNX ENERGY

short

8540

x

8620

long

8620

x

8540

CNX FMCG

short

20760

x

20990

long

20990

x

20760

CNX INFRA

short

2792

x

2814

long

2814

x

2792

CNX METAL

short

2109

x

2126

long

2126

x

2109

NIFTY MID100

short

13350

x

13450

long

13450

x

1350

CNX PHARMA

short

10690

x

10780

long

10780

x

10690

CNX PSU BANKS

short

2510

x

2530

long

2530

x

2510

CNX REALTY

short

186

x

187.5

long

187.5

x

186

 


08:23 AM

POSN TRADING

weekly

DATE

13th / 17th  june  2016

 

stocks / indices

go

entry

Target

Stoploss

ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY

cnx nifty

short

8175

8100/8025/7950/7875/7800

8250

long

8250

8325/400/475/550

8175

bse sensex

short

26725

26500/275/26050

26950

long

26950

27175/27400/27625

26725

bank nifty

short

17770

17630/490/350/210

17910

long

17910

18050/190/330

17770

cnx IT

short

11220

11080/10940/10800

11360

long

11360

11500/640/780

11220

axis bank

Short

543.5

539/34.5/30/25.5/21/16.5/12

548

Long

548

552.5/57/61.5/66

543.5

BHARAT FORGE

Short

746

737/27/18/08

756

Long

756

765/75/84

746

BOB

Short

146

144.5/43/41.5/40

147.5

Long

147.5

149/50.5/52

146

COAL INDIA

Short

305

301/297/93/89/85

309

Long

309

313/17/21

305

HDFC

Short

1233

1223/13/03/1193/83

1243

Long

1243

1253/63/73

1233

hdfc bank

Short

1161

1146/31/16/01

1176

Long

1176

1191/1206

1161

HUL

Short

872

863/54/45/36

881

Long

881

890/99/908

872

ICICI BANK

Short

252

249.5/46.5/44/41/38.5

255

Long

255

257.5/60.5/63

252

INFOSYS

Short

1182

1170/58/46/34/22

1194

long

1194

1206/18

1182

INDUSIND

Short

1113

1098/83/68/53

1128

Long

1128

1143/58

1113

ITC

Short

349

345/41/37/33/29

353

Long

353

357/61/65

349

LT

Short

1489

1477/65/53/41

1501

Long

1501

1513/25

1489

M&M

Short

1377

1361/45/29/13

1393

Long

1393

1409/25

1377

MARUTI

Short

4080

4025/3970/15/860/805

4135

Long

4135

4190/245/300

4080

NBCC

Short

188

186.5/83/81.5/80

189.5

Long

189.5

191/92.5/94

188

RELIANCE

Short

977

970/63/56/49

984

long

984

991/98/1005

977

SBI

Short

205

202.5/200/197.5/95

207.5

Long

207.5

210/12.5/15

205

sun pharma

Short

739

730/21/12

748

Long

748

757/66/75

739

TATAMOTORS

Short

456

452/48/44/40/36/32

460

Long

464

468/72

460

tata steel

Short

333.5

329/24.5/20/15.5/11

338

Long

338

342.5/47

333.5

TCS

Short

2538

2502/2466/30/2394

2574

Long

2574

2610/46

2538

VOLTAS

Short

327

323/19/15/11/07

331

Long

331

335/39/43

327

YES BANK

Short

1061

1053/44/36/27/19/10

1070

Long

1070

1078/87

1061

ULTRATECH

Short

3394

3365/35/05/3275/45/15

3425

Long

3425

3455/85

3394

 

 

 

 

 

 

 

 

 

CNX AUTO

short

8710

x

8815

long

8815

x

8710

CNX ENERGY

short

8540

x

8620

long

8620

x

8540

CNX FMCG

short

20760

x

20990

long

20990

x

20760

CNX INFRA

short

2792

x

2814

long

2814

x

2792

CNX METAL

short

2109

x

2126

long

2126

x

2109

NIFTY MID100

short

13350

x

13450

long

13450

x

1350

CNX PHARMA

short

10690

x

10780

long

10780

x

10690

CNX PSU BANKS

short

2510

x

2530

long

2530

x

2510

CNX REALTY

short

186

x

187.5

long

187.5

x

186


Monday, June 6 2016
08:19 AM

POSN TRADING

weekly

DATE

6th / 10th  june  2016

 

stocks / indices

go

entry

Target

Stoploss

ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY

cnx nifty

short

8135

8035/7935/7835

8235

long

8235

8335/435

8135

bse sensex

short

26600

26490/320/150

26770

long

26940

27110/280/450

26770

bank nifty

short

17620

17460/300/140/16980

17780

long

17780

17940/18100

17620

CNX IT

short

11440

11330/220/110/11000

11550

long

11550

11660/770/880

11440

axis bank

Short

538

533/28/23/18/13

543

Long

543

548/53/58/63

538

BHARAT FORGE

Short

752

744/35/27/18

761

Long

761

769/78/86

752

BOB

Short

139.5

137.75/36/34.25/32.5

141.25

Long

143

144.75/46.5

141.25

COAL INDIA

Short

306.25

303.5/300.75/298

309

Long

309

311.75/14.5/ 17.25/20

306.25

HDFC

Short

1249

1240/31/22/13/04

1258

Long

1258

1267/76/85

1249

hdfc bank

Short

1174

1166/57/49/40/32/23

1183

Long

1183

1191/1200

1174

HUL

Short

875

866/57/48/39/30

884

Long

884

893/902/11/20

875

ICICI BANK

Short

242

240/38/36/34/32/30

244

Long

246

248/50/52/54

244

INFOSYS

Short

1250

1236/22/08

1264

long

1264

1278/92

1250

INDUSIND

Short

1107

1092/77/62/47

1122

Long

1122

1137/52

1107

ITC

Short

348.5

343/37.5/32

354

Long

354

359.5/65

348.5

LT

Short

1458

1446/33/20/08

1470

Long

1470

1483/95/1508

1458

M&M

Short

1339

1327/15/03/1291

1351

Long

1351

1363/75/87/99

1339

MARUTI

Short

4188

4155/22/4090/58/25

4220

Long

4220

4252/85/317/350

4188

NBCC

Short

195.5

194/92.5/91

197

Long

197

198.5/200/201.5/03

195.5

RELIANCE

Short

960

951/42/33/24

969

long

969

978/87/96

960

SBI

Short

194.5

192/89.5/87/84.5/82

197

Long

197

199.5/202/04.5/07

194.5

sun pharma

Short

740

733/26/19/12

747

Long

747

754/61/68

740

TATAMOTORS

Short

449

443/37/31/25

455

Long

455

461/67/73/79

449

tata steel

Short

336.5

332/27.5/23

341

Long

341

345.5/50

336.5

TCS

Short

2617

2592/67/42/17

2642

Long

2642

2667/92

2617

VOLTAS

Short

335

331.5/28/24.5/21

338.5

Long

338.5

342/45.5/49

335

YES BANK

Short

1043

1034/25/16/07/998/89/80

1052

Long

1052

1061/70/79/88

10431028

ULTRATECH

Short

3178

3153/28/03

3203

Long

3203

3228/53/78/303

3178

 

 

 

 

 

 

 

 

 

CNX AUTO

short

8725

x

8800

long

8800

x

8725

CNX ENERGY

short

8410

x

8510

long

8510

x

8410

CNX FMCG

short

20900

x

21030

long

21030

x

20900

CNX INFRA

short

2765

x

2805

long

2805

x

2765

CNX METAL

short

2040

x

2058

long

2058

x

2040

NIFTY MID100

short

13240

x

13370

long

13370

x

13240

CNX PHARMA

short

10825

x

10900

long

10900

x

10825

CNX PSU BANKS

short

2400

x

2437

long

2437

x

2400

CNX REALTY

short

181.5

x

183

long

183

x

181.5


08:20 AM

MY WEEKLY TAKE .....

 

NIFTY CONSOLIDATES WITH UPWARD BIAS  . . .

 

Trading levels –6th / 10th  June   2016

 

RBI credit policy meeting is on 7th June and as usual some marketmen have hopes of a rate cut. That hope is keeping BANK STOCKS buoyed.  When banks r strong, NIFTY will eventually pull on the same side due to sheer weight of financial sector in the NIFTY.

 

If last week belonged to L&T, this week was TATA MOTOR’s turn. After the super results the stock moved up about 10 % pulling along other auto stocks and the AUTO index.

 

Now all the results are out and in general it is a mixed bag. Some analysts are hoping for some green shoots to appear in the coming quarter while many others don’t see that happening at least for another 2/3 quarters.

 

I am in the camp that nothing worthwhile is happening in the economy and the things may get worst socially as the ruling party may decide to polarize the voters further in a bid to win UP elections coming up early next year. THIS ONLY VITIATES THE ATMOSPHERE WHICH IS NOT REALLY CONDUCIVE TO ECONOMIC RECOVERY.  No industrialist will ease the purse strings when he sees chaos all around.

 

Technically, we can see an inverse H&S pattern emerging on daily as well as weekly charts. While it is true that it should have lofty targets, the DEATH CROSS I mentioned last week as well should keep the  up-move under check unless that effect is negated. FOR THE TIME BEING, I EXPECT 8330 / 8350 TO BE A VERY BIG RESISTANCE ZONE.

 

So, keep booking some profit at regular intervals and keep the cash in hand since I expect to get at least one opportunity to deploy the same at a NIFTY level of 7800/7900 … which means about 10 % lower for individual stocks.

 

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.   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

cnx nifty

short

8135

8035/7935/7835

8235

long

8235

8335/435

8135

bse sensex

short

26600

26490/320/150

26770

long

26940

27110/280/450

26770

bank nifty

short

17620

17460/300/140/16980

17780

long

17780

17940/18100

17620

CNX AUTO

short

8725

x

8800

long

8800

x

8725

CNX ENERGY

short

8410

x

8510

long

8510

x

8410

CNX FMCG

short

20900

x

21030

long

21030

x

20900

CNX INFRA

short

2765

x

2805

long

2805

x

2765

CNX METAL

short

2040

x

2058

long

2058

x

2040

NIFTY MID100

short

13240

x

13370

long

13370

x

13240

CNX PHARMA

short

10825

x

10900

long

10900

x

10825

CNX PSU BANKS

short

2400

x

2437

long

2437

x

2400

CNX REALTY

short

181.5

x

183

long

183

x

181.5