Messages

Wednesday, February 19 2014
08:53 AM

 

INTRA

 

DATE

19th february 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

BANK NIFTY SPOT

short

10525

10450/375

10600

long

10600

10675/750/825/900

10525

RELIANCE

short

813

809.5/06/02.5/799

816.5

long

816.5

819/22.5/26

813

SBI

short

1500

1492/84/76

1508

long

1508

1516/24/32

1500

icici bank

short

1035

1028.5/22

1041.5

long

1041.5

1048/54/5/61

1035

LT

short

1014

1006/998

1018

long

1022

1030/38

1018

TATA MOTORS

short

 388.00

384.5/81/77.5

391.5

long

391.5

395/98.5

388

ITC

short

316.5

314/11.5/09

319

long

319

321.5/24

316.5

REL INFRA

short

370

367/64

373

long

373

376/79/82/85

370

kotak

short

677

671/65/59

683

long

683

689/95/701

677

maruti

short

1695

1684/73

1706

long

1706

1717/28/39/50

1695

crompton

short

122.5

121/19.5/18

124

long

124

125.5/27/28.5/30

122.5


08:55 AM

 NIFTY SPOT INTRA

 
go short / long  - 6117 / 6152
 
stop loss –  6135 for both
 
long targets –  6170/87
 
short targets –  6100/082/065

Tuesday, February 18 2014
08:54 AM

 

INTRA

 

DATE

18th february 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

BANK NIFTY SPOT

short

10285

10205/125

10365

long

10365

10445/525

10285

RELIANCE

short

812

808/04/800

816

long

816

820/24/28/32

812

SBI

short

1478

1470/63/55/48

1485

long

1485

1493/1500/08

1478

icici bank

short

1005

994/83

1010.5

long

1016

1027/38

1010.5

LT

short

994

984/74

999

long

1004

1014/24

999

TATA MOTORS

short

 383.00

379.5/76

386.5

long

386.5

390/93.5/97

383

NMDC

short

137.5

136.5/35.5/34.5

138.5

long

138.5

139.5/40.5/41.5

137.5

HUL

short

558

556/54/52/50

560

long

562

564/66/68/70

560

kotak

short

644.5

638/31.5/25

651

long

651

657.5/64/70.5

644.5

maruti

short

1658

1645/32/19

1671

long

1671

1684/97

1658

idfc

short

97.25

96.75/96.25/95.75

97.75

long

97.75

98.25/98.75/99.25

97.25


09:02 AM

 NIFTY SPOT INTRA

 
go short / long  - 6068 / 6091
 
stop loss –  opposite
 
long targets –  6114/37/60
 
short targets –  6045/22/ 5999

Monday, February 17 2014
08:25 AM

 

POSN TRADING

weekly

DATE

17th / 21st  feb  2014

 

stocks / indices

go

entry

Target

Stoploss

ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY

cnx nifty

short

6072

6024/5976/28/5880

6120

long

6120

6168/6216/64

6072

bse sensex

short

20380

20230/080/19930/780

20530

long

20530

20680/830/980

20380

 BANK NIFTY

Short

10220

10100/9989/860/740

10340

Long

10340

10460/580/700

10220

CNX IT

Short

9850

9750/650/550

9950

Long

9950

10050/150/250

9850

aurobindo

Short

491

485.5/80/74.5/69

496.5

Long

502

507.5/12/17.5/23

596.5

axis bank

Short

1100

1087/74/61

1113

Long

1113

1126/39/52

1100

BHARTI

Short

304

297/90/83

307.5

Long

311

318/25/32

307.5

CIPLA

Short

374

370/66/62/58

378

Long

378

382/86/90

374

divis lab

Short

1363

1349/35/21/07

1377

long

1377

1391/1405/19

1363

dr reddys

Short

2578

2551/24/497/470

2605

Long

2605

2632/59/86

2578

HCL TECH

Short

1483

1467/51/35/19/03

1499

long

1499

1515/31/47

1483

HDFC

Short

770

759/48/37/26

775.5

Long

781

792/803/14

775.5

hdfc bank

Short

643

634/25/16

652

Long

652

661/70/79

643

HUL

Short

560

556/52/48/44/40

564

Long

568

572/76/80

564

ICICI BANK

Short

987

976/65/54/43/32

998

Long

998

1009/20/31

987

IDFC

Short

96

94.5/93/91.5/90

96.75

Long

97.5

99/100.5/02/03.5/05

96.75

INFOSYS

Short

3636

3599/61/24

3674

long

3674

3711/49

3636

ITC

Short

320

316/12/08/04/300

324

Long

324

328/32/36/40

320

LT

Short

990

975/60/45/30

1005

Long

1005

1020/35

990

M&M

Short

899

893/87/81/75/69/63

905

Long

905

911/17/23/29

899

MARUTI

Short

1648

1631/13/1595/78

1666

Long

1666

1683/1701

1648

ONGC

Short

274

271.5/69/66.5/64

276.5

long

276.5

279/81.5/84

274

PNB

Short

539

534/29/24/19

544

Long

544

549/54/59/64

539

RELIANCE

Short

819

809/799/89/79

829

long

829

839/49

819

sun pharma

Short

601

594.5/88/81.5/75

607.5

Long

607.5

614/20.5/27/33.5/40

601

SBI

Short

1470

1441/12/1383

1485

Long

1499

1528/57/86

1485

TATAMOTORS

Short

383

377/71/65/59/53

386

Long

389

395/401/07/13

386

TATASTEEL

Short

370.5

367/63.5/60/56.5/53/49.5/46

374

Long

374

377.5/81/84.5/88

370.5

TCS

Short

2170

2138/06/2074/42

2186

Long

2202

2234/66/98

2186

 

 

 

 

 

 

 

 

 

CNX AUTO

short

5170

x

5214

long

5214

x

5170

CNX ENERGY

short

7500

x

7540

long

7540

x

7500

CNX FMCG

short

16510

x

16650

long

16650

x

16510

CNX INFRA

short

2252

x

2270

long

2270

x

2252

CNX METAL

short

2240

x

2261

long

2261

x

2240

CNX MIDCAP

short

7450

x

7545

long

7545

x

7450

CNX PHARMA

short

7735

x

7790

long

7790

x

7735

CNX PSU BANKS

short

2090

x

2105

long

2120

x

2105

CNX REALTY

short

154

x

155.25

long

156.5

x

155.25


08:59 AM

 

INTRA

 

DATE

17th february 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

BANK NIFTY SPOT

short

10200

10155/110/10065/20

10245

long

10245

10290/335/380/425

10200

RELIANCE

short

822

818/14/10

826

long

826

830/34

822

SBI

short

1472

1462/52

1482

long

1482

1492/1502/12

1472

icici bank

short

986

977/68/59/50

995

long

995

1004/13/22

986

LT

short

996

988.80/72

1004

long

1004

1012/20

996

TATA MOTORS

short

 388.00

384.5/81/77.5/74

391.5

long

391.5

395/98.5/402

388

jsw steel

short

844

838.5/33/27.5/22

849.5

long

849.5

855/60.5/66

844

bharat forge

short

353.5

349.5/45.5/41.5

355.5

long

357.5

361.5/65.5

355.5

tata steel

short

371

369/67/65/63

373

long

373

375/77/79

371

TCS

short

2172

2160/48/36/24

2184

long

2184

2196/208/220

2172

infy

short

3644

3628/12/596/80

3660

long

3660

3676/92/708

3644


09:00 AM

 NIFTY SPOT INTRA

 
go short / long  - 6060 / 6084
 
stop loss –  opposite
 
long targets –  6108/32/56
 
short targets –  6084/60/36/12

11:08 AM

 

weekly

 

DATE

17th / 21st  feb 2014

 

world indices

go

entry

Target

Stoploss

S & P

short

1821

1803/1785/67

1839

long

1839

1857/75/93

1821

nasdaq comp

short

4230

4203/175/148/120

4258

long

4258

4285/4313/40

4230

dow jones

short

15980

15830/680/530

16130

long

16130

16280/430/580

15980

FTSE

short

6645

6590/535/480/425

6700

long

6700

6755/810

6645

nikkei

short

14320

10150/13980/810/640

14490

long

14490

14660/830/15000

14320

australian ord

short

5328

5289/50/11

5367

long

5367

5406/45

5328

hangseng

short

22175

22050/21925/800

22300

long

22300

22425/550/675/800

22175

shanghai

short

2093

2076/59/42

2110

long

2110

2127/44/61

2093


11:13 AM

 

weekly

 

DATE

17th / 21st feb  2014

 

 

commodity

go

entry

Target

Stoploss

 

gold

short

1308

1292/76/60

1324

US$ / T ounce

long

1324

1340/56/72

1308

 

silver

short

21.32

21.16/21/20.84/2068/20.52

21.48

US$ / T ounce

long

21.48

21.64/21.8/21.96

21.32

 

crude

short

99.7

96.5/95.3/94.1

100.9

US$ / barrel

long

100.9

102.1/3.3/4.5/5.7

99.7

 

nat gas

short

5.17

5.1/5.03/4.96/4.89

5.24

US$ / 10K MMBTU

long

5.24

5.31/5.38/5.45

5.17

 

copper

short

3.25

3.22/3.19/3.16/3.13

3.28

US$ / pound

long

3.28

3.31/3.34/3.37/3.4

3.25

 

sugar

short

434

428/22/16/10

440

US$ / tonne

long

440

446/52/58/64

434

 

05:43 PM

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

 

Last week saw flat trading with NIFTY closing just 15 points down.  On Thursday, we had a sharp down move which got partially corrected on Friday.

 

I had expected a strong opening on Monday but opening was tepid and for the whole week overall strong US market performance was neglected by our market since we continued to get small  FII sell  figs for first 3 days. FIIs became buyers on last two days and if that trend continues, we may have a test of 6130/6150 levels next week.

 

Inflation dropped significantly and IIP  figures were more or less in line. GDP forecast was also encouraging.  MARKET IS SLOWLY VEERING TOWARDS CONSENSUS THAT RATE INCREASE CYCLE BY RBI IS OVER AND WE MAY HAVE A SURPRISE RATE CUT IN APRIL POLICY MEET.

 

SBI results were a bit disappointing but the stock is already so much beaten down that no significant downside is envisaged. One may buy the stock around 1475 level from a medium term perspective.

 

6082 / 6109 gap will be definitely filled next week. What remains to be seen is the quantum of FII flows which are badly required to get over 6130/6150 resistance.

 

I will recommend to buy 6000 put on Monday morning when NIFTY spot moves to 6120/6130 level and hold it till nifty crosses 6160/6170. There is 1 : 3 risk reward waiting …. While you may lose 15/20 points if nifty goes up , you have a chance to make 50/60 points if nifty corrects to 6030/6050 level.

 

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

 

 

FEBRUARY 2014 TRADING LEVELS are out ON 1st FEBRUARY. 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.

 

 


Friday, February 14 2014
08:48 AM

 NIFTY SPOT INTRA

 
go short / long  - 6027 / 6047
 
stop loss –  opposite
 
long targets –  6067 / 87
 
short targets –  6007 / 5987

Thursday, February 13 2014
08:56 AM

 

INTRA

 

DATE

13th february 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

BANK NIFTY SPOT

short

10320

10260/190

10390

long

10390

10450/520/580

10320

RELIANCE

short

817.5

814.5/11.5

820.5

long

820.5

823.5/26.5/29.5

817.5

SBI

short

1527

1517/07/1497

1537

long

1537

1547/57/67

1527

icici bank

short

995

989/83/77

1001

long

1007

1013/19/25

1001

LT

short

1004

996/88/80

1008

long

1012

1020/28/36

1008

TATA MOTORS

short

 377.00

375/73/71/69

379

long

379

381/83/85

377

apollo tyres

short

118.2

117/115.8/14.6

119.4

long

119.4

120.6/21.8/23/24.2/25.4

118.2

HDFC

short

784

780.5/77/73.5/70

787.5

long

787.5

791/94.5/98

784

tata steel

short

373.5

369/64.5/60

375.75

long

378

382.5/87

375.75

titan

short

230.5

229.5/28.5/27.5/26.5

231.5

long

231.5

232.5/33.5

230.5

aban

short

509

503/497/91

515

long

515

521/27

509


09:00 AM

 NIFTY SPOT INTRA

 
go short / long  - 6091 / 6111
 
stop loss –  opposite
 
long targets –  6131/51/71
 
short targets –  6071/51/31