Messages

Sunday, December 13 2015
09:39 AM

MY WEEKLY TAKE ....

 

FINALLY NIFTY SUCCUMBS TO PERSISTENT FII SELLING – NOW  HEADED FOR  A NEW YEARLY LOW   AND BEYOND  . . .

 

Trading levels – 14th / 18th   December   2015

 

All that I wrote last week turned out to be prophetic. We did have a small bounce on Monday which was sold into and then we went on to break crucial level of 7730 exposing NIFTY to a possibility of 7300 / 7350 in days to come.

 

NATIONAL HERALD  case is a new hurdle cropping up  in the GST way and the congress rhetoric is rather too strong to subside before 19th June when GANDHIS  are slated to appear in the court. After that there will be just 3 working days to debate and get GST cleared – which looks impossible at this stage.

 

New NGT order and   expected supreme court judgement on 15th December  , may finally seal the fate of diesel passenger vehicle manufacturers. It will have significant impact on  AUTO sector as well as auto ancillaries like BOSCH as volumes will shrink drastically. Even the vehicle financiers will take a small knock. Watch private sector banks who are dominating this field.

 

We have a big event – FED RATE INCREASE – looming and that may be the occasion when we will hit our projected levels.

 

THIS WILL MEAN WE WILL BE BACK TO MAY 2014 LEVELS AFTER 19 MONTHS. ALL THE NAMO PREMIUM WOULD HAVE JUST EVAPORATED SINCE NOT MUCH HAS CHANGED ON THE GROUND.

 

Most MF investors are shell-shocked as they have large losses on their portfolios when they were promised over 20 % CAGR gains by most AMCs. NIFTY moving below MAY 2014 level  may be the inflection point at which you may see large redemptions from MFs.

 

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 ? ? ?

 

DECEMBER  2015 TRADING LEVELS are  posted on TUESDAY.   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

14th / 18th   december 2015

 

stocks / indices

go

entry

Target

Stoploss

bse sensex

short

25060

24890/720/550/380/210/040

25230

long

25400

25570/740/910

25230

CNX IT

short

11040

10965/890/815/740

11115

long

11115

11190/265/340

11040

CNX AUTO

short

7915

x

8010

long

8010

x

7915

CNX ENERGY

short

8010

x

8095

long

8095

x

8010

CNX FMCG

short

19650

x

19780

long

19780

x

19650

CNX INFRA

short

2604

x

2636

long

2636

x

2604

CNX METAL

short

1698

x

1720

long

1720

x

1698

CNX MIDCAP

short

12810

x

12945

long

12945

x

12810

CNX PHARMA

short

11360

11275/190/105/020

11445

long

11445

11530/615/700

11360

CNX PSU BANKS

short

2894

x

2932

long

2932

x

2894

CNX REALTY

short

162

x

163.5

long

163.5

x

162

 


Friday, December 11 2015
08:44 AM

Prefer to trade in the direction of nifty.

intra levels

 

DATE

11th DECEMBER  2015

 

stocks / indices

go

entry

Target

Stoploss

NIFTY SPOT

short

7692

7675/58/41/25

7709

long

7709

7726/43/60

7692

bank nifty

short

16690

16600/500/410

16790

long

16790

16880/980/17070

16690

glenmark

short

864.5

859/53.5/48/42.5/37

870

long

870

875.5/81

864.5

guj pipavav port

short

146

145/44/43/42/41/40

147

long

147

148/49/50

146

shipping corp

short

89.25

88.5/87.75/87

90

long

90

90.75/91.5/92.25/93

89.25

apollo hosp

short

1391

1383/75

1399

long

1399

1407/15/23/31

1391

union bank

short

150

148.5/47/45.5/44

151.5

long

151.5

153/54.5

150


Thursday, December 10 2015
08:55 AM

Prefer to trade in the direction of nifty.

intra levels

 

DATE

10th DECEMBER  2015

 

stocks / indices

go

entry

Target

Stoploss

NIFTY SPOT

short

7617

7600/583/66/49/32

7634

long

7634

7651/68/85

7617

bank nifty

short

16670

16560/450

16780

long

16780

16890/17000

16670

glenmark

short

881

875/69/63/57

887

long

887

893/99/905

881

cesc

short

515

512/09/06/03/500

518

long

518

521/24/27/30

515

idfc

short

45.25

44.75/44.25/43.75/43.25

45.75

long

45.75

46.25/46.75/47.25/45.75

45.25

bata

short

480

477.5/75/72.5/70

482.5

long

482.5

485/87.5/90

480

OBC

short

134.5

133/31.5/30

136

long

136

137.5/39

134.5


Wednesday, December 9 2015
08:43 AM

Prefer to trade in the direction of nifty.

intra levels

 

DATE

9th DECEMBER  2015

 

stocks / indices

go

entry

Target

Stoploss

NIFTY SPOT

short

7667

7637/07

7697

long

7697

7727/57

7667

bank nifty

short

16800

16680/540

16920

long

16920

17040/160

16800

REC

short

214.25

212.5/10.75/09/07.25/05.5

216

long

216

217.75/19.5

214.25

idfc

short

47.5

47/46.5/46/45.5

48

long

48

48.5/49

47.5

gail

short

338

334/30/26/22

342

long

342

346/50

338

jsw energy

short

79

77.5/75.5/74/72

81

long

81

82.5/84.5

79

coal india

short

319

316.5/14/11.5/09/06.5/04

321.5

long

321.5

324/26.5

319


Tuesday, December 8 2015
08:56 AM

Prefer to trade in the direction of nifty.

intra levels

 

DATE

8th DECEMBER  2015

 

stocks / indices

go

entry

Target

Stoploss

NIFTY SPOT

short

7713

7691/68/46/23/01

7735

long

7758

7780/7803/25/48

7735

bank nifty

short

16770

16700/630/560

16840

long

16910

16980/17050/120/190

16840

sobha develop

short

317

313.5/10/06.5/03

320.5

long

320.5

324/27.5/31

317

tvs electronics

short

142

140/38/36

144

long

144

146/48/50

142

nocil

short

60.25

59.5/58.75/58

61

long

61

61.75/62.5/63.25/64

60.25

fortis health

short

176

174.5/73

177.5

long

177.5

179/80.5/82

176

dishman

short

336

333/30/27/24

339

long

339

342/45/48/51

336