Messages
my weekly take ....
BULLS SURRENDER ALL REGAINED GROUND . . .. . .
Trading levels --- 27th / 30th APRIL 2015
Last week I was away. So I did not write this column. Market has given back all the gains and in fact closed lower than 27th March level. Market is having greater downside momentum … so lower levels are predicted but at the same time NIFTY is resting very close to 200 DMA level from which level bulls can make a last ditch effort to save the situation.
This makes next week’s trading very intriguing and I expect alternate bouts of buying and selling as bulls and bears will throw all they have to gain an upper hand. IF 200 DMA LEVEL IS BROKEN EFFECTIVELY, THEN THERE IS EVERY CHANCE THAT WE WILL QUICKLY SLIDE TO 8150 THUS FILLING THE GAP LEFT ON 8TH JANUARY.
As expected, it is the result season and a slew of negative surprises which has caused the change in the mood. Add to that the market anxiety about FY 16 SENSEX EPS is keeping long term investors on tenterhooks.
Political situation is also very queered with bitter dog-fight expected on the land bill which will vitiate the atmosphere so much that even if the land bill is passed, it will take some time for the air to clear and any corporate can actually try to acquire the land.
So, in the coming week, I will be only looking for opportunities to get a proper entry into some hallowed stocks which have corrected significantly or will do so in the days to come.
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 ? ? ?
MAY 2015 TRADING LEVELS will be out soon. You can have a look at the same before entering fresh trades. I have also released CY 2015 trading levels on 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 |
27th / 30th april 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
bse sensex |
short |
27440 |
27160/26880/600 |
27720 |
|
long |
27720 |
28000/280 |
27440 |
|
|
CNX IT |
short |
11200 |
11105/010/10915/820 |
11295 |
|
long |
11390 |
11485/580 |
11295 |
|
|
CNX AUTO |
short |
8125 |
x |
8230 |
|
long |
8230 |
x |
8125 |
|
|
CNX ENERGY |
short |
8520 |
x |
8600 |
|
long |
8600 |
x |
8520 |
|
|
CNX FMCG |
short |
20600 |
x |
20750 |
|
long |
20750 |
x |
20600 |
|
|
CNX INFRA |
short |
3200 |
x |
3240 |
|
long |
3280 |
x |
3240 |
|
|
CNX METAL |
short |
2465 |
x |
2500 |
|
long |
2500 |
x |
2465 |
|
|
CNX MIDCAP |
short |
12650 |
x |
12790 |
|
long |
12790 |
x |
12650 |
|
|
CNX PHARMA |
short |
12250 |
x |
12350 |
|
long |
12450 |
x |
12350 |
|
|
CNX PSU BANKS |
short |
3520 |
x |
3560 |
|
long |
3600 |
x |
3560 |
|
|
CNX REALTY |
short |
206 |
x |
208 |
|
long |
208 |
x |
206 |
08:52 AM
|
POSN TRADING |
weekly |
DATE |
27th / 30th april 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
8314 |
8233/152/071/7990 |
8395 |
|
long |
8395 |
8476/557 |
8314 |
|
|
bse sensex |
short |
27440 |
27160/26880/600 |
27720 |
|
long |
27720 |
28000/280 |
27440 |
|
|
BANK NIFTY |
Short |
18025 |
17825/625/425/225/025 |
18225 |
|
Long |
18225 |
18425/625/825 |
18025 |
|
|
CNX IT |
short |
11200 |
11105/010/10915/820 |
11295 |
|
long |
11390 |
11485/580 |
11295 |
|
|
aurobindo |
Short |
1290 |
1279/68/57/46 |
1301 |
|
Long |
1301 |
1312/23/34/45 |
1301 |
|
|
axis bank |
Short |
524 |
517/10/03/496/89/82 |
531 |
|
Long |
531 |
538/45/52 |
524 |
|
|
BHARAT FORGE |
Short |
1204 |
1192/80/68/56 |
1216 |
|
Long |
1216 |
1228/40/52 |
1204 |
|
|
BOB |
Short |
174 |
172/69.5/67.5/65 |
176.5 |
|
Long |
176.5 |
178.5/81/83 |
174 |
|
|
BHARTI |
Short |
400 |
396/92/88/84/80 |
404 |
|
Long |
404 |
408/12/16/20 |
400 |
|
|
CIPLA |
Short |
633 |
624/15/06/597/88 |
642 |
|
Long |
642 |
651/60/69 |
633 |
|
|
COAL INDIA |
Short |
375 |
371/67/63/59/55 |
379 |
|
Long |
379 |
383/87/91/95 |
375 |
|
|
dr reddys |
Short |
3485 |
3445/405/365/325/285/45/05 |
3525 |
|
Long |
3525 |
3565/605/645 |
3485 |
|
|
glenmark pharma |
Short |
894 |
885/76/67/58/49/40 |
903 |
|
Long |
912 |
921/30/39 |
903 |
|
|
HCL TECH |
Short |
903 |
891/79/67/55/43/31 |
915 |
|
long |
915 |
927/39/51 |
903 |
|
|
HDFC |
Short |
1242 |
1225/08/1191/74/57/40 |
1250 |
|
Long |
1259 |
1276/93/1310 |
1250 |
|
|
hdfc bank |
Short |
1004 |
990/76/62/48 |
1011 |
|
Long |
1018 |
1032/46/60 |
1011 |
|
|
HUL |
Short |
888 |
879/70/61/52 |
897 |
|
Long |
897 |
906/15/24/33 |
888 |
|
|
ICICI BANK |
Short |
310 |
306/02/298/94/90 |
314 |
|
Long |
314 |
318/22/26/30 |
310 |
|
|
IDEA |
Short |
183.5 |
181/78.5/76/73.5/71 |
186 |
|
long |
186 |
188.5/91/93.5/96 |
183.5 |
|
|
IDFC |
Short |
166.5 |
164.5/62.5/60.5/58.5/56.5 |
168.5 |
|
Long |
168.5 |
170.5/72.5 |
166.5 |
|
|
INFOSYS |
Short |
1976 |
1952/28/04/1880/56 |
2000 |
|
long |
2024 |
2048/72/96 |
2000 |
|
|
ITC |
Short |
347.5 |
344/40.5/37/33.5/30 |
351 |
|
Long |
351 |
354.5/58/61.5/65 |
347.5 |
|
|
LIC HSG |
Short |
440 |
436/32/28/24/20 |
444 |
|
long |
444 |
448/52/56/60 |
440 |
|
|
LT |
Short |
1680 |
1666/52/38/24/10 |
1694 |
|
Long |
1694 |
1708/22/36/50 |
1680 |
|
|
M&M |
Short |
1174 |
1165/56/47/38/29/20 |
1183 |
|
Long |
1183 |
1192/1201/10 |
1174 |
|
|
MARUTI |
Short |
3536 |
3504/472/40/08/376/44/12 |
3568 |
|
Long |
3568 |
3600/632/664 |
3532 |
|
|
ONGC |
Short |
316 |
313/10/07/04/01/298/95 |
319 |
|
long |
319 |
322/25/28/31/34 |
316 |
|
|
RELIANCE |
Short |
874 |
866/58/50/42 |
882 |
|
long |
882 |
890/98/906 |
874 |
|
|
SBI |
Short |
275 |
272/69/66/63/60 |
278 |
|
Long |
278 |
281/84/87/90 |
275 |
|
|
sun pharma |
Short |
947 |
933/19/05/891 |
954 |
|
Long |
961 |
975/89/1003 |
954 |
|
|
TATAMOTORS |
Short |
516 |
508/500/492/84/76 |
520 |
|
Long |
524 |
532/40/48 |
520 |
|
|
TATASTEEL |
Short |
364.5 |
360/55.5/51/46.5/42 |
369 |
|
Long |
369 |
373.5/78/82.5/87 |
364.5 |
|
|
TCS |
Short |
2497 |
2471/45/19/2393/67/41 |
2523 |
|
Long |
2523 |
2549/75/2601 |
2497 |
|
|
tech mahindra |
Short |
588 |
580/72/64 |
592 |
|
Long |
596 |
604/12/20 |
592 |
|
|
ULTRATECH |
Short |
2708 |
2684/60/36/12/2588/64 |
2732 |
|
Long |
2732 |
2756/80/2804 |
2708 |
|
|
VOLTAS |
Short |
280 |
277/74/71/68/65 |
283 |
|
Long |
283 |
286/89/92/95 |
280 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
CNX AUTO |
short |
8125 |
x |
8230 |
|
long |
8230 |
x |
8125 |
|
|
CNX ENERGY |
short |
8520 |
x |
8600 |
|
long |
8600 |
x |
8520 |
|
|
CNX FMCG |
short |
20600 |
x |
20750 |
|
long |
20750 |
x |
20600 |
|
|
CNX INFRA |
short |
3200 |
x |
3240 |
|
long |
3280 |
x |
3240 |
|
|
CNX METAL |
short |
2465 |
x |
2500 |
|
long |
2500 |
x |
2465 |
|
|
CNX MIDCAP |
short |
12650 |
x |
12790 |
|
long |
12790 |
x |
12650 |
|
|
CNX PHARMA |
short |
12250 |
x |
12350 |
|
long |
12450 |
x |
12350 |
|
|
CNX PSU BANKS |
short |
3520 |
x |
3560 |
|
long |
3600 |
x |
3560 |
|
|
CNX REALTY |
short |
206 |
x |
208 |
|
long |
208 |
x |
206 |
|
|
PREFER TO TRADE IN THE DIRECTION OF NIFTY |
||||
|
intra levels |
|
DATE |
23rd APRIL 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
8400 |
8365/330/295/260 |
8435 |
|
long |
8435 |
8470/505/540 |
8400 |
|
|
bank nifty |
short |
18180 |
18110/040/17970/900 |
18250 |
|
long |
18320 |
18390/460/530/600 |
18250 |
|
|
SBI |
short |
278 |
275.5/73/70.5/68 |
280.5 |
|
long |
280.5 |
283/85.5/88 |
278 |
|
|
YES BANK |
short |
852 |
847/42/37/32 |
857 |
|
long |
857 |
862/67/72/77 |
852 |
|
|
TCS |
short |
2460 |
2448/36/24/12/2400 |
2472 |
|
long |
2472 |
2484/96 |
2460 |
|
|
TATA MOTORS |
short |
512 |
508/04/500/496 |
516 |
|
long |
516 |
520/24/28 |
512 |
|
|
PREFER TO TRADE IN THE DIRECTION OF NIFTY |
||||
|
intra levels |
|
DATE |
23rd APRIL 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
8437 |
8400/362/325 |
8456 |
|
long |
8475 |
8512/550 |
8456 |
|
|
bank nifty |
short |
18260 |
18160/060/17960 |
18360 |
|
long |
18360 |
18460/560/660 |
18260 |
|
|
BIOCON |
short |
456 |
452/48 |
460 |
|
long |
460 |
464/68/72/76/80 |
456 |
|
|
LT |
short |
1749 |
1737/25/13/01 |
1761 |
|
long |
1761 |
1773/85/97 |
1749 |
|
|
CENTURY TEXTILES |
short |
742 |
738/34/30/26 |
746 |
|
long |
746 |
750/54/58/62 |
742 |
|
|
VOLTAS |
short |
287 |
284/81/78/75 |
290 |
|
long |
290 |
293/96/99 |
287 |
|
|
PREFER TO TRADE IN THE DIRECTION OF NIFTY |
||||
|
intra levels |
|
DATE |
21st april 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
8432 |
8410/388/66/44/22/8300 |
8454 |
|
long |
8476 |
8498/520/542 |
8454 |
|
|
bank nifty |
short |
18100 |
18000/17900/800/700 |
18200 |
|
long |
18200 |
18300/400/500 |
18100 |
|
|
SRF |
short |
1091 |
1079/67/55 |
1103 |
|
long |
1103 |
1115/27 |
1091 |
|
|
AXIS BANK |
short |
516.5 |
511/05.5/500/494.5/89 |
522 |
|
long |
527.5 |
533/38.5/44 |
522 |
|
|
TCS |
short |
2424 |
2405/2386/67 |
2443 |
|
long |
2443 |
2462/81/2500 |
2424 |
|
|
RELIANCE |
short |
887 |
882/77/72/67 |
892 |
|
long |
897 |
902/07/12/17 |
892 |
|
|
POSN TRADING |
weekly |
DATE |
20th / 24th april 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY |
||||
|
cnx nifty |
short |
8588 |
8496/04/312 |
8680 |
|
long |
8680 |
8772/864 |
8588 |
|
|
bse sensex |
short |
28350 |
28000/27650/300 |
28525 |
|
long |
28700 |
29050/400 |
28525 |
|
|
BANK NIFTY |
Short |
18350 |
18130/17910/690 |
18570 |
|
Long |
18570 |
18790/19010 |
18350 |
|
|
CNX IT |
short |
11810 |
11690/570/450/330/210 |
11930 |
|
long |
11930 |
12050/170/290 |
11810 |
|
|
aurobindo |
Short |
1331 |
1320/09/1298/87 |
1342 |
|
Long |
1342 |
1353/64/75 |
1331 |
|
|
axis bank |
Short |
533 |
528/23/18/13/08/03 |
538 |
|
Long |
538 |
543/48/53/58 |
533 |
|
|
BHARAT FORGE |
Short |
1193 |
1182/71/60/49/38 |
1204 |
|
Long |
1204 |
1215/26/37/48 |
1193 |
|
|
BOB |
Short |
178 |
176/74/72/70 |
180 |
|
Long |
180 |
182/84/86 |
178 |
|
|
BHARTI |
Short |
405.5 |
400/394.5/89/83.5/78 |
411 |
|
Long |
411 |
416.5/22/27.5/33 |
405.5 |
|
|
CIPLA |
Short |
679.5 |
674/68.5/63/57.5/52/46.5/41 |
685 |
|
Long |
685 |
690.5/96 |
679.5 |
|
|
COAL INDIA |
Short |
382.5 |
378/73.5/69/64.5/60 |
387 |
|
Long |
387 |
391.5/96 |
382.5 |
|
|
dr reddys |
Short |
3630 |
3595/60/25/490/455/420 |
3665 |
|
Long |
3665 |
3700/35/70 |
3630 |
|
|
glenmark pharma |
Short |
854 |
844/34/24/14/04 |
864 |
|
Long |
864 |
874/84/94 |
854 |
|
|
HCL TECH |
Short |
945 |
932/19/06/893/80 |
958 |
|
long |
958 |
971/84/97 |
945 |
|
|
HDFC |
Short |
1296 |
1280/64/48/32/16/1200 |
1312 |
|
Long |
1312 |
1328/44/60 |
1296 |
|
|
hdfc bank |
Short |
1015 |
1000/985/70/55/40 |
1022.5 |
|
Long |
1030 |
1045/60/75 |
1022.5 |
|
|
HUL |
Short |
931 |
920/09/898/87/76/65 |
942 |
|
Long |
942 |
953/64/75 |
931 |
|
|
ICICI BANK |
Short |
310 |
307/04/01/298/95/92/89 |
313 |
|
Long |
313 |
316/19/22/25/28/31/34 |
310 |
|
|
IDEA |
Short |
195 |
192.5/90/87.5/85/82.5/80 |
197.5 |
|
long |
197.5 |
200/02.5/05/07.5/10 |
195 |
|
|
IDFC |
Short |
167.5 |
165.5/63.5/61.5/59.5/57.5 |
169.5 |
|
Long |
169.5 |
171.5/73.5/75.5/77.5 |
167.5 |
|
|
INFOSYS |
Short |
2175 |
2145/15/2085/55/25 |
2205 |
|
long |
2205 |
2235/65/95/325/55/85 |
2175 |
|
|
ITC |
Short |
348 |
343/38/33/28/23/18 |
350.5 |
|
Long |
353 |
358/63/68/73 |
350.5 |
|
|
LIC HSG |
Short |
437 |
432/27/22/17/12/07/02 |
442 |
|
long |
442 |
447/52/57/62 |
437 |
|
|
LT |
Short |
1737 |
1722/07/1692/77/62/47 |
1752 |
|
Long |
1752 |
1767/82/97 |
1737 |
|
|
M&M |
Short |
1226 |
1214/02/1190/78/66/54 |
1238 |
|
Long |
1238 |
1250/62/74/86 |
1226 |
|
|
MARUTI |
Short |
3632 |
3595/57/20 |
3670 |
|
Long |
3670 |
3707/45 |
3632 |
|
|
ONGC |
Short |
327.5 |
324/20.5/17/13.5/10 |
331 |
|
long |
331 |
334.5/38/41.5/45 |
327.5 |
|
|
RELIANCE |
Short |
937 |
922/07 |
952 |
|
long |
952 |
967/82 |
937 |
|
|
SBI |
Short |
290 |
287/84/81/78/75/72/69/66 |
293 |
|
Long |
293 |
296/99/302/05 |
290 |
|
|
sun pharma |
Short |
1032 |
1015/998/81/64 |
1040.5 |
|
Long |
1049 |
1066/83/1100 |
1040.5 |
|
|
TATAMOTORS |
Short |
527 |
512/497 |
534.5 |
|
Long |
542 |
557/72/87 |
534.5 |
|
|
TATASTEEL |
Short |
341.5 |
337/32.5/28/23.5 |
346 |
|
Long |
346 |
350.5/55/59.5/64 |
341.5 |
|
|
TCS |
Short |
2462 |
2435/09/2382/56 |
2488 |
|
Long |
2488 |
2515/41 |
2462 |
|
|
tech mahindra |
Short |
637 |
628/20/11/03 |
645 |
|
Long |
645 |
654/62/71/79 |
637 |
|
|
ULTRATECH |
Short |
2813 |
2787/60/34/07 |
2840 |
|
Long |
2840 |
2866/93/919 |
2813 |
|
|
VOLTAS |
Short |
293 |
288/83/78/73/68 |
295.5 |
|
Long |
298 |
303/08/13/18 |
295.5 |
|
08:52 AM
|
PREFER TO TRADE IN THE DIRECTION OF NIFTY |
||||
|
intra levels |
|
DATE |
20th april 2015 |
|
|
stocks / indices |
go |
entry |
Target |
Stoploss |
|
NIFTY SPOT |
short |
8571 |
8541/11/8481 |
8601 |
|
long |
8601 |
8631/61/91 |
8571 |
|
|
bank nifty |
short |
18355 |
18270/185/100/015 |
18440 |
|
long |
18440 |
18525/610 |
18355 |
|
|
BHARAT FORGE |
short |
1193 |
1185/77/69/61/53/45 |
1201 |
|
long |
1201 |
1209/17/25 |
1193 |
|
|
AXIS BANK |
short |
532.5 |
527/21.5/16/10.5/05 |
538 |
|
long |
538 |
543.5/49/54.5/60 |
532.5 |
|
|
TCS |
short |
2475 |
2460/45/30/15/2400 |
2490 |
|
long |
2490 |
2505/20/35/50 |
2475 |
|
|
SUN PHARMA |
short |
1036 |
1028/20/12/04/996/88/80 |
1044 |
|
long |
1052 |
1060/68/76 |
1044 |
|