Messages
|
Prefer to trade in the direction of nifty. |
||||
|
intra levels |
|
DATE |
8th october 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
8179 |
8164/49/34/19/04 |
8194 |
|
long |
8209 |
8224/39/54/69 |
8194 |
|
|
bank nifty |
short |
17600 |
17490/380/270 |
17710 |
|
long |
17710 |
17820/930/18040 |
17600 |
|
|
cnx it |
short |
11700 |
11655/610/565/520 |
11745 |
|
long |
11745 |
11790/835/880 |
11700 |
|
|
SUN PHARMA |
short |
923.5 |
917/10.5/04 |
930 |
|
long |
930 |
936.5/43/49.5/56 |
923.5 |
|
|
RELIANCE |
short |
913 |
908/03/898/893 |
918 |
|
long |
918 |
923/28/33/38 |
913 |
|
|
SRF |
short |
1240 |
1231/22/13/04 |
1249 |
|
long |
1249 |
1258/67/76/85 |
1240 |
|
|
zydus |
short |
846 |
840/34/28/22 |
852 |
|
long |
852 |
858/64/70 |
846 |
|
|
Prefer to trade in the direction of nifty. |
||||
|
intra levels |
|
DATE |
7th october 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
8163 |
8133/03/8073 |
8193 |
|
long |
8193 |
8223/253/283 |
8163 |
|
|
bank nifty |
short |
17600 |
17490/380/270 |
17710 |
|
long |
17710 |
17820/930/18040 |
17600 |
|
|
cnx it |
short |
11850 |
11780/710/640 |
11920 |
|
long |
11920 |
11990/12060/130/200 |
11850 |
|
|
bharti infra |
short |
427.25 |
424.5/21.75/19/16.25/13.5 |
430 |
|
long |
430 |
432.75/35.5/38.25/41 |
427.25 |
|
|
ICICI BANK |
short |
281 |
278/75/72/69 |
282.5 |
|
long |
284 |
287/90/93 |
282.5 |
|
|
SUN PHARMA |
short |
906 |
896/86/76 |
911 |
|
long |
916 |
926/36 |
911 |
|
|
INFY |
short |
1148 |
1140/32/24 |
1156 |
|
long |
1156 |
1164/72/80 |
1148 |
|
|
Prefer to trade in the direction of nifty. |
||||
|
intra levels |
|
DATE |
6th october 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
8196 |
8179/62/45/28/11 |
8213 |
|
long |
8230 |
8247/64/81 |
8213 |
|
|
bank nifty |
short |
17820 |
17770/720/670/620 |
17870 |
|
long |
17920 |
17970/18020/070/120 |
17870 |
|
|
cnx it |
short |
11975 |
11900/825/750 |
12050 |
|
long |
12050 |
12125/200/275 |
11975 |
|
|
POSN TRADING |
weekly |
DATE |
5th / 9th october 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
7933 |
7843/7753/7663/7573 |
8023 |
|
long |
8023 |
8113/203/293 |
7933 |
|
|
bse sensex |
short |
26140 |
25850/560/270/24980 |
26430 |
|
long |
26430 |
26720/27010/300/590 |
26140 |
|
|
BANK NIFTY |
Short |
17210 |
17040/16870/700/530 |
17380 |
|
Long |
17380 |
17550/720/890 |
17210 |
|
|
CNX IT |
short |
11830 |
11730/630/530/430 |
11930 |
|
long |
11930 |
12030/130/230/330/430 |
11830 |
|
09:03 AM
|
Prefer to trade in the direction of nifty. |
||||
|
intra levels |
|
DATE |
5th october 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
7988 |
7956/24 |
8020 |
|
long |
8020 |
8052/84 |
7988 |
|
|
bank nifty |
short |
17290 |
17190/090/16990/890 |
17390 |
|
long |
17390 |
17490/590/690 |
17290 |
|
|
cnx it |
short |
11850 |
11775/700 |
11925 |
|
long |
11925 |
12000/075/150 |
11850 |
|
10:28 AM
MY WEEKLY TAKE ....
FESTIVE SEASON BONANZA BY RBI BUT BULLS PULL THE PUNCHES --- WHY ?
Trading levels –5th / 9th October 2015
RBI Governor came out - ALL GUNS BLAZING - on 29th September . 50 BASIS POINTS RATE CUT WITH EXTREME DOVISH COMMENTARY.
GOVERNOR Rajan killed two birds in one shot …… He played to the gallery and also satisfied the political masters. NOW HE CAN SIT BACK AND RELAX FOR NEXT 4 / 6 MONTHS AS POLITICAL BOSSES AND THE INDUSTRY CAPTAINS EAT THE HUMBLE PIE WHEN THEY REALISE THAT IT WAS NOT THE RATES WHICH WAS HOLDING BACK THE INDIAN JUGGERNAUT. If the economy really gallops – he can always take credit . So he had nothing to lose.
Suddenly the market - which was only expecting 25 basis point rate cut – was hit by a thunderbolt from Dr Rajan. Market is still trying to comprehend the real meaning behind the big move by RBI. Is Dr Rajan really convinced that the inflation is finally tamed and it is time he should focus on growth or is it that he wants to score a brownie point with people who are gunning for him for being too conservative.
Dr rajan also chided bankers and the government for transmission of the rate cut and this time SBI took the cue and dropped the PLR by 40 basis points next day. The most other PSU and Private sector lenders have followed suit.
Now the interest rate bar is set lower and if there is no corresponding pick-up in credit off-take, all these banks will stand to lose substantially in the coming quarters as NIMs will take a knock.
I am watching previous swing high level of NIFTY 8055 with great interest. Bulls have to show courage and gumption to clear that level decisively. If they dither … the bears will again grab the initiative and we will head lower - back to 7800 or even lower.
Earning season is starting in couple of days and that also will play a role in deciding the tone.
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 ? ? ?
SEPTEMBER 2015 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 |
5th / 9th october 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
bse sensex |
short |
26140 |
25850/560/270/24980 |
26430 |
|
long |
26430 |
26720/27010/300/590 |
26140 |
|
|
CNX IT |
short |
11830 |
11730/630/530/430 |
11930 |
|
long |
11930 |
12030/130/230/330/430 |
11830 |
|
|
CNX AUTO |
short |
7750 |
x |
7820 |
|
long |
7820 |
x |
7750 |
|
|
CNX ENERGY |
short |
7635 |
x |
7710 |
|
long |
7710 |
x |
7635 |
|
|
CNX FMCG |
short |
20000 |
x |
20150 |
|
long |
20150 |
x |
20000 |
|
|
CNX INFRA |
short |
2825 |
x |
2847 |
|
long |
2870 |
x |
2847 |
|
|
CNX METAL |
short |
1645 |
x |
1664 |
|
long |
1664 |
x |
1645 |
|
|
CNX MIDCAP |
short |
13000 |
x |
13150 |
|
long |
13150 |
x |
13000 |
|
|
CNX PHARMA |
short |
13190 |
x |
13330 |
|
long |
13330 |
x |
13190 |
|
|
CNX PSU BANKS |
short |
3072 |
x |
3096 |
|
long |
3096 |
x |
3072 |
|
|
CNX REALTY |
short |
175 |
x |
177 |
|
long |
177 |
x |
175 |