Messages

Wednesday, March 19 2014
09:06 AM

 

INTRA

 

DATE

19th march 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

bank nifty

short

12110

12070/030/11990/950

12150

long

12150

12190/230/270/310

12110

RELIANCE

short

893

888/83

898

long

898

903/08

893

SBI

short

1691

1677/63

1705

long

1705

1719/33/47

1691

icici bank

short

1207

1200/1192/85

1215

long

1215

1222/30/37/45

1207

LT

short

1242

1235/28/21

1249

long

1249

1256/63/70

1242

TATA MOTORS

short

 382.00

379/76/73/70

383.5

long

385

388/91

383.5

ZEE

short

280

277.5/75

282.5

long

282.5

285/87.5/90

280

HUL

short

556

553.25/50.5

558.75

long

558.75

561.5/64.25/67

556

MARUTI

short

1860

1848/36/24/12/1800

1872

long

1872

1884/96

1860

L&T fin

short

73.5

72.8/72.1/71.4

74.2

long

74.2

74.9/75.6/76.3/77/77.7

73.5

ITC

short

354

252/50

356

long

356

358/60/62

354


09:11 AM

 NIFTY SPOT INTRA

 
go short / long  - 6525 / 6542
 
stop loss –  opposite
 
long targets –  6560/77/95
 
short targets – 6507/490

Tuesday, March 18 2014
07:19 AM

 MY WEEKLY TAKE .....

 

Trading levels --- 17th / 21st   March   2014

 

Euphoria has  now settled. We had an up and down week with a negative bias. In the previous week, while making a strong up-move we have left two gaps un-covered – 6406 to 6413 and 63336 to 6339. Both these gaps will be filled in coming 8 to 10 trading sessions. That is my feeling.

 

Correspondingly, most large cap nifty heavyweights will allow you to  take long positions at 10 to12 % discount to high exalted values which were visible in last 7 to 8 trading sessions. IT has corrected somewhat but may be another 3 % correction is on the card for CNX IT as the positions are being shifted  aggressively from IT to BANKs and CYCLICALS.

 

All the FII money that has poured into our market last week was not able to move the NIFTY  further up and that indicates that  a small dip in FII inflows will mean a southward journey for NIFTY.

 

I was skeptical about INFOSYS for some time ( nearly 3 to 4 months now ) and the inevitable has happened. I expect  that for coming quarter,  INFY will  underperform than the worst estimate  and we will have another 200 / 250 rupees fall on the result day. This will mean level of approx 3100 / 3150 which will be good 25 % lower than 3800 + level seen a couple of weeks ago.

 

For this month, I  am holding 6300 / 6600 short strangle as I don’t expect this range to be violated in next 6 to8 trading sessions.

 

For the next 2 weeks, I recommend 6500 / 6300 bear spread and wait till expiry. For the BANKNIFTY, 11700 / 11900 is still a critical support zone.   Below this, we can expect a sharp fall of about 400 points. Aggressive traders can buy 11500 put which is not very expensive.

 

As I always say, we have to play percentages to make money. Bold bravado may not help.  WHAT DO YOU SAY ? ? ?

 

 

MARCH 2014 TRADING LEVELS will be out by 3rd march. You can have a look at the same before entering fresh trades. I have also released CY 2014  trading levels  on my website – http://www.sumamura.com/sumamura-messages/

 

Please remember CAPITAL is always scarce 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

 

TER POSN TRADING

weekly

DATE

17th / 21st   march  2014

 

stocks / indices

go

entry

Target

Stoploss

bse sensex

short

21820

21690/560/430/300

21950

long

21950

22080/210/340

21820

CNX IT

short

9470

9370/270/170

9570

long

9570

9670/770/870

9470

CNX AUTO

short

5515

x

5550

long

5550

x

5515

CNX ENERGY

short

7985

x

8055

long

8055

x

7985

CNX FMCG

short

17380

x

17490

long

17490

x

17380

CNX INFRA

short

2484

x

2507

long

2507

x

2484

CNX METAL

short

2220

x

2265

long

2265

x

2220

CNX MIDCAP

short

8015

x

8095

long

8095

x

8015

CNX PHARMA

short

7745

x

7790

long

7790

x

7745

CNX PSU BANKS

short

2377

x

2397

long

2397

x

2377

CNX REALTY

short

176.25

x

178

long

178

x

176.25

 

WORLD INDICES

 

weekly

 

DATE

17th / 21st  march 2014

 

world indices

go

entry

Target

Stoploss

S & P

short

1839

1823/07/1791/75

1855

long

1855

1871/87/1903

1839

nasdaq comp

short

4245

4205/4165/25/4085

4285

long

4285

4325/65/4405

4245

dow jones

short

16040

15880/720/560/400

16200

long

16200

16360/520/680

16040

FTSE

short

6510

6430/350/270/190

6550

long

6590

6670/750/830

6550

nikkei

short

14300

14200/100/14000/13900/800

14400

long

14400

14500/600/700/800

14300

australian ord

short

5340

5290/240/190/140

5390

long

5390

5440/490/540

5340

hangseng

short

21540

21280/020/20760/500

21800

long

21800

22060/320/580

21540

shanghai

short

2002

1985/68/51/34/17/1900

2019

long

2019

2036/53/70

2002

 

COMMODITIES

 

weekly

 

DATE

17th / 21st   march  2014

 

 

commodity

go

entry

Target

Stoploss

 

gold

short

1363

1347/30/14/1297/81/64

1380

US$ / T ounce

long

1380

1397/1413/30/46

1363

 

silver

short

21.25

20.98/20.71/20.44/20.17/19.9

21.52

US$ / T ounce

long

21.52

21.79.22.06/22.33/22.6

21.25

 

crude

short

99

98.25/97.5/96.75/96

99.75

US$ / barrel

long

100.5

101.25/03/03.75/04.5

99.75

 

nat gas

short

4.42

4.34/4.26/4.18/4.1

4.5

US$ / 10K MMBTU

long

4.5

4.58/4.66/4.74

4.42

 

copper

short

2.965

2.93/2.895/2.86

3

US$ / pound

long

3

3.035/3.07/3.105

2.965

 

sugar

short

459.5

455/450.5/46/41.5

464

US$ / tonne

long

464

468.5/73/77.5/82

459.5

 

 

 


08:34 AM

 

POSN TRADING

weekly

DATE

17th / 21st   march  2014

 

stocks / indices

go

entry

Target

Stoploss

ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY

cnx nifty

short

6494

6454/414/374/334

6534

long

6534

6574.614/654/694

6494

bse sensex

short

21820

21690/560/430/300

21950

long

21950

22080/210/340

21820

 BANK NIFTY

Short

12000

11850/700/550/400

12150

Long

12150

12300/450/600

12000

CNX IT

short

9470

9370/270/170

9570

long

9570

9670/770/870

9470

aurobindo

Short

512

501/490/79/68

517.5

Long

523

534/45/56

517.5

axis bank

Short

1359

1347/35/23/11

1371

Long

1371

1383/95

1359

BHARTI

Short

294.5

290.5/86.5/82.5

298.5

Long

298.5

302.5/06.5

294.5

CIPLA

Short

383

379/75/71

387

Long

387

391/95/99

383

divis lab

Short

1400

1385/70/55/40/25/10

1415

long

1415

1430/45/60

1400

dr reddys

Short

2786

2762/38/14

2810

Long

2810

2834/58

2786

glenmark pharma

Short

547

540/33/26/19/12

554

Long

554

561/68/75

547

HCL TECH

Short

1419

1408/1397/86/75/64/53

1430

long

1430

1441/52/63/74

1419

HDFC

Short

857

850/43/36/29/22

864

Long

864

871/78/85

857

hdfc bank

Short

730

721/12/03/694

739

Long

739

748/57/66

730

HUL

Short

549

542/35/28/21

552.5

Long

556

563/70/77

552.5

ICICI BANK

Short

1215

1203/1191/79/67/55

1227

Long

1227

1239/51/63

1215

IDEA

Short

135

133.25/31.5

136.75

long

136.75

138.5/40.25/42

135

IDFC

Short

113.5

112/10.5/09

115

Long

115

116.5/18/19.5/21

113.5

INFOSYS

Short

3375

3334/3293/52/11

3416

long

3416

3457/98

3375

ITC

Short

344

340.5/37/33.5/30/26.5/23

347.5

Long

347.5

351/54.5/58/61.5

344

LT

Short

1243

1228/13/1198/83/68

1258

Long

1258

1273/88

1243

M&M

Short

1019

1008/997/86/75/64/53

1030

Long

1030

1041/52/63/74

1019

MARUTI

Short

1728

1711/1694/77/60/43/26

1745

Long

1745

1762/79/96/1813/30

1728

ONGC

Short

321

316.5/12/07.5/03

325.5

long

325.5

330/34.5/39

321

PNB

Short

619

609/599/89/79

624

Long

629

639/49/59

624

RCOM

Short

115.5

114/12.5/11/09.5/08

117

Long

118.5

120/21.5/23

117

RELIANCE

Short

881

872/63/54

890

long

890

899/908/17

881

sun pharma

Short

579

571/63/55/47/39

587

Long

587

595/603/11/19

579

SBI

Short

1642

1618/1594/70

1654

Long

1666

1690/1714/38

1654

TATAMOTORS

Short

393

389.5/86/82.5/79

396.5

Long

396.5

400/03.5/07/10.5

393

TATASTEEL

Short

342.5

339/35.5/32

346

Long

346

349.5/53/56.5/60

342.5

TCS

Short

2137

2117/2097/77/57/37

2157

Long

2157

2177/97/2217

2137

tech mahindra

Short

1791

1774 / 57 /40/ 23/06

1808

Long

1808

1825/42/59

1791

VOLTAS

Short

140

137.5/35/32.5/30

141.25

Long

142.5

145/47.5/50

141.25

 

 

 

 

 

 

 

 

 

CNX AUTO

short

5515

x

5550

long

5550

x

5515

CNX ENERGY

short

7985

x

8055

long

8055

x

7985

CNX FMCG

short

17380

x

17490

long

17490

x

17380

CNX INFRA

short

2484

x

2507

long

2507

x

2484

CNX METAL

short

2220

x

2265

long

2265

x

2220

CNX MIDCAP

short

8015

x

8095

long

8095

x

8015

CNX PHARMA

short

7745

x

7790

long

7790

x

7745

CNX PSU BANKS

short

2377

x

2397

long

2397

x

2377

CNX REALTY

short

176.25

x

178

long

178

x

176.25


08:45 AM

 NIFTY SPOT INTRA

 
go short / long  - 6522 / 6547
 
stop loss –  opposite
 
long targets –  6572/97
 
short targets – 6497/72/47

09:04 AM

 

INTRA

 

DATE

17th march 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

bank nifty

short

12080

12020/11960/900

12140

long

12140

12200/260/320

12080

RELIANCE

short

885

880/75/70

890

long

890

895/900/05/10

885

SBI

short

1649

1637/25

1661

long

1661

1673/85/97

1649

icici bank

short

1215

1203/1191

1227

long

1227

1239/51

1215

LT

short

1258

1248/38/28

1268

long

1268

1278/88/98

1258

TATA MOTORS

short

 392.00

389/86/83/80

395

long

395

398/401/04

392


09:12 AM

 MARUTI ..... just exit maruti when u get 1900 plus rates at opening ..... these rates r not sustainable ... u shud be able to buy back around 1600 in time to come ........


Friday, March 14 2014
08:53 AM

 

INTRA

 

DATE

14th march 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

bank nifty

short

12060

12000/11940/880

12120

long

12180

12240/300

12120

RELIANCE

short

870

861/52

874.5

long

879

888/97

874.5

SBI

short

1642

1626/10

1658

long

1658

1674/90

1642

icici bank

short

1205

1190/75/60

1213

long

1220

1235/50

1213

LT

short

1222

1210/1198/86/74

1234

long

1234

1246/58

1222

TATA MOTORS

short

 387.50

384.5/81.5/78.5/75.5

390.5

long

390.5

393.5

387.5

tata elxsi

short

589

583/77/71/65/59/53

591

long

591

597/603

589

TCS

short

2145

2129/13/2097/81

2161

long

2161

2177/93/2209

2145

bharat forge

short

383

380.5/78/75.5/73

385.5

long

385.5

388/90.5

383

tata chem

short

278

275.5/73/70.5/68

280.5

long

280.5

283/85.5/88

278

tata sponge

short

458

454/50/46/42/38

462

long

462

466/70

458


08:59 AM

 NIFTY SPOT INTRA

 
go short / long  - 6460 / 6485
 
stop loss –  opposite
 
long targets –  6510/35
 
short targets – 6435/10

Thursday, March 13 2014
08:41 AM

 

INTRA

 

DATE

13th march 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

bank nifty

short

11960

11900/840/780/720

12020

long

12020

12080/140/200

11160

RELIANCE

short

870

866/62/58/54

874

long

874

878/82

870

SBI

short

1644

1636/28/20

1652

long

1652

1660/68

1644

icici bank

short

1198

1192/87/81/76

1203

long

1209

1214/20/25/31

1203

LT

short

1222

1212/02/1192

1232

long

1232

1242/52

1222

TATA MOTORS

short

 387.00

384/81/78/75

390

long

390

393/96

387

TCS

short

2158

2142/26/10/2094

2174

long

2174

2190/2206

2158

infy

short

3590

3615

3565

long

3565

3540/15/3490/3465

3590

rallis

short

166

165/64/63/62/61/60

167

long

167

168/69/70/71

166

deltacorp

short

103.5

102/100.5/99/97.5/96

105

long

105

106.5/08

103.5

MCX

short

534

530/26/22/18

538

long

542

546/50/54/58/62/66/70

538


08:48 AM

 NIFTY SPOT INTRA

 
go short / long  - 6483 / 6534
 
stop loss –  6509 for both
 
long targets –  6560/85
 
short targets – 6458/32/07

Wednesday, March 12 2014
08:48 AM

 

INTRA

 

DATE

12th march 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

bank nifty

short

12050

11985/920/855/790

12115

long

12115

12180/245/310

12050

RELIANCE

short

872

867/62/57/52

877

long

877

882/87/92

872

SBI

short

1664

1655/47/38/30

1673

long

1681

1690/98/1707/15

1673

icici bank

short

1191

1182/73/64

1200

long

1200

1209/18

1191

LT

short

1217

1206/1195/84

1228

long

1228

1239/50/61

1217

TATA MOTORS

short

 397.00

395/93/91/89

399

long

399

401/03/05/07

397

bharat forge

short

392

389.5/87/84.5/82

394.5

long

394.5

397/99.5/402

392

arvind

short

152.5

151.75/51/50.25/49.5

153.25

long

153.25

154/54.75

152.5

maruti

short

1742

1733/25/16/08

1750

long

1759

1767/76/84/93

1750

tvs motors

short

86.1

85.4/84.7/84

86.8

long

86.8

87.5

86.1

m&m

short

993

988/82/77/71

999

long

999

1004/10/15

993


08:54 AM

 NIFTY SPOT INTRA

 
go short / long  - 6490 / 6515
 
stop loss –  opposite
 
long targets –  6541/66/92
 
short targets – 6464/39/13