Messages

Wednesday, February 12 2014
08:51 AM

 

INTRA

 

DATE

12th february 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

BANK NIFTY SPOT

short

10290

10230/170/110

10350

long

10350

10410/470/530

10290

RELIANCE

short

808

801/794

815

long

815

822/29

808

SBI

short

1524

1514/04/1494

1534

long

1534

1544/54/64

1524

icici bank

short

970

963/56

977

long

977

984/91/98

970

LT

short

992

988/84/80/76/72

996

long

1000

1004/08/12/16/20

996

TATA MOTORS

short

 372.50

368/63.5/59

374.75

long

377

381.5/86/90.5/95

374.75

bombay dyeing

short

58.25

57.5/56.75/56

59

long

59

59.75/60.5/61.25/62

58.25

techmahindra

short

1850

1833/16/1799/82

1867

long

1867

1884/1901/18

1850

tata steel

short

388

383/78/73/68

390.5

long

393

398/403/08

390.5

aurobindo

short

499

495/91/87/83

503

long

507

511/15/19/23

503

astrazeneca

short

849

840/31/22/13

858

long

858

867/76/85

849


08:55 AM

 NIFTY SPOT INTRA

 
go short / long  - 6089 / 6109
 
stop loss –  opposite
 
long targets –  6129/49/69
 
short targets –  6069/49/29

Tuesday, February 11 2014
08:50 AM

 

INTRA

 

DATE

11th february 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

BANK NIFTY SPOT

short

10200

10150/100

10250

long

10250

10300/350/400

10200

RELIANCE

short

819

813/07

825

long

825

831/37/43

819

SBI

short

1508

1498/88

1518

long

1518

1528/38/48

1508

icici bank

short

959

953/47/41

965

long

965

971/77/83/89

959

LT

short

993

987/81/75

999

long

999

1005/11/17

993

TATA MOTORS

short

 380.50

376/71.5

385

long

389.5

394/98.5/403

385

voltas

short

120.4

119.5/18.6/17.7

121.3

long

121.3

122.2/23.1/24/24.9

120.4

yes bank

short

307

304/01/298/95

310

long

310

313/16/19/22

307

TCS

short

2090

2076/62/48

2104

long

2104

2118/32/46

2090

hdfc

short

765

759/53/47

771

long

771

777/83/89

765

idea

short

127.25

126/24.75/23.5

128.5

long

128.5

129.75/31

127.25


08:55 AM

 NIFTY SPOT INTRA

 
go short / long  - 6062 / 6077
 
stop loss –  opposite
 
long targets –  6092/107/122/137
 
short targets –  6047/32/17

11:34 AM

 TATA MOTORS ....  

both YOY and qoq performance is superb ..... but the market reaction is rather subdued ....

what does that indicate ...... that means the high target prices indicated by most international brokerages - in the range of 425 to 450 - has got substantial downside risk possibility attached to it ......normally these price targets are for 12 months ....
 
if one were to accept these targets as sacrosanct .... then ... we r looking at 15 to 20 % upside from current CMP of around 375 .....  an opportunity which no prudent investor will let go ....... BUT THAT IS NOT HAPPENING ....
 
so .. i suggest buy the stock on dips ..... the market will go down 3 to 5 % sometime in next 2 weeks and stock will then give u an entry point around 350/355 .... that shud not be missed .....

Monday, February 10 2014
08:28 AM

 

weekly

 

DATE

10th / 14th feb  2014

 

 

commodity

go

entry

Target

Stoploss

 

gold

short

1248

1235/22/09/1196

1261

US$ / T ounce

long

1261

1274/87/1300

1248

 

silver

short

19.8

19.6/19.4/19.2/19/18.8

20

US$ / T ounce

long

20

20.2/20.4/20.6/20.8/21/21.2

19.8

 

crude

short

98.9

97.9/96.9/95.9/94.9

99.9

US$ / barrel

long

99.9

100.9/01.9/02.9/03.9

98.9

 

nat gas

short

4.85

4.79/4.73/4.67/4.61/4.55/4.49/4.43

4.91

US$ / 10K MMBTU

long

4.97

5.03/5.09/5.15/5.21/5.27/5.33

4.91

 

copper

short

3.235

3.2/3.165/3.13

3.27

US$ / pound

long

3.27

3.305/3.34/3.375/3.41

3.235

 

sugar

short

430

425/20/15/10

435

US$ / tonne

long

435

440/45/50/55

430

 

08:29 AM

 

weekly

 

DATE

10th / 14th feb 2014

 

world indices

go

entry

Target

Stoploss

S & P

short

1797

1782/67/52/37

1812

long

1812

1827/42/57

1797

nasdaq comp

short

4115

4080/45/10/3975/40

4150

long

4150

4185/220/255/290

4115

dow jones

short

15750

15640/530/420/310/200

15860

long

15860

15970/16080/190/300

15750

FTSE

short

6590

6530/470/410/350/290/230

6650

long

6650

6710/770/830/890

6590

nikkei

short

14500

14400/300/200/100/14000

14600

long

14600

14700/800/900/15000

14500

australian ord

short

5181

5143/05/5067

5219

long

5219

5257/5295

5181

hangseng

short

21620

21480/340/200/060

21760

long

21760

21900/22040/180/320/460

21620

shanghai

short

2027

2000/1973/46

2040

long

2054

2081/2108/35

2040


08:57 AM

 

INTRA

 

DATE

10th february 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

BANK NIFTY SPOT

short

10290

10230/170/110/050

10350

long

10350

10410/470/530

10290

RELIANCE

short

816

811/06/01

821

long

821

826/31/36

816

SBI

short

1519

1509/1499

1529

long

1529

1539/49/59

1519

icici bank

short

958

952/46/40

964

long

964

970/76/82

958

LT

short

985

980/75/70

990

long

990

995/1000/05/10

985

TATA MOTORS

short

 357.00

353.5/50

359

long

360.5

364/67.5/71/74.5/78

359

bhel

short

155.5

154/52.5/51

157

long

157

158.5/60

155.5

sun pharma

short

599

596/93/90

602

long

602

605/08/11/14

599

idfc

short

95.5

94.5/93.5/92.5

96

long

96.5

97.5/98.5/99.5/100.5

96

bombay dyeing

short

55.25

54.75/54.25/53.75/53.25

55.75

long

55.75

56.25/56.75/57.25/57.75

55.25

strides arco

short

369.5

367/64.5/62

372

long

372

374.5/77/79.5/82

369.5


08:59 AM

 NIFTY SPOT INTRA

 
go short / long  - 6065 / 6095
 
stop loss –  6080 for both
 
long targets –  6110/125/140
 
short targets –  6050/35/20/05/5990

10:26 AM

 MY WEEKLY TAKE ....

 

Trading levels ---  10th / 14th February   2014

 

Last weekend, I was away so did not write.  In last 2 weeks, we went down by 330 nifty points and then bounced up 130 points showing nett loss of about 200 points. On daily charts, we have left two gaps …. 6188 to 6263 and 6082 to 6109 ….

 

Out of this 6082 to 6109 gap is likely to be filled on Monday morning as I expect a 50 point gap up opening. But any further progress needs a lot of ammunition by way of strong FII inflows. 6130/6150 zone which acted strong support earlier will now become a strong resistance.  Even if FII remain small sellers, I don’t think we will be able to cross the hump only with DII support.

 

 US market has started looking up again and that strength is very much needed for our market to perform. So keep an eye on US futures all the time. Moment you find US futures weakening, you will find our market losing sheen – even during intra-day movements.

 

 TCS did give a low of 2112 last week vindicating my proclamation  made two weeks ago that we will see 2100/2150 levels in near future.

 

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 7 2014
09:03 AM

 

INTRA

 

DATE

7th february 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

BANK NIFTY SPOT

short

10230

10180/130/080/030

10280

long

10280

10330/380/430/480

10230

RELIANCE

short

813

807/01

819

long

819

825/31

813

SBI

short

1503

1491/79

1515

long

1515

1527/39

1503

icici bank

short

957

950/43/36

964

long

964

971/78/85

957

LT

short

978

973/68/63/58

983

long

983

988/93/98/1003

978

TATA MOTORS

short

 357.00

355/53/51

359

long

359

361/63/65/67

357

delta corp

short

99

98.25/97.5/96.75/96

99.75

long

99.75

100.5/01.25/02

99

BOB

short

541

538/35/32/29

544

long

544

547/50/53/56

541

maruti

short

1636

1629/22/15/08/01

1643

long

1650

1657/64/71/78

1643

titan

short

225.5

224.25/23/21.75/20.5

226.75

long

226.75

228/29.25/30.5

225.5

glenmark

short

557.5

554/50.5/47

561

long

561

564.5/68/71.5/75

557.5


09:05 AM

 NIFTY SPOT INTRA

 
go short / long  - 6060 / 6084
 
stop loss –  opposite
 
long targets –  6108/32/56
 
short targets –  6036/12

Thursday, February 6 2014
08:58 AM

 

INTRA

 

DATE

6th february 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

BANK NIFTY SPOT

short

10170

10110/050

10230

long

10230

10290/350/410/470

10170

RELIANCE

short

820

815/10/05/800

825

long

825

830/35/40

820

SBI

short

1516

1504/1492

1528

long

1528

1540/52

1516

icici bank

short

967

962/57/52

972

long

972

977/82/87/92

967

LT

short

985.5

982/78.5/75

989

long

989

992.5/96/99.5/1003

985.5

TATA MOTORS

short

 354.00

351/48/45

357

long

357

360/63/66

354

apollo tyres

short

113

112.25/11.5/10.75/10

113.75

long

113.75

114.5/15.25/16

113

century text

short

300

297/94/91/88

303

long

303

306/09/12

300

m&m finance

short

251

248.5/46/43.5/41

253.5

long

253.5

256/58.5/61

251

ABAN

short

523

512/01/490/79

534

long

534

545/56/67

523

aurobindo

short

489

485.5/82/78.5/75

492.5

long

492.5

496/99.5/503/06.5/10

489


09:14 AM

 NIFTY SPOT INTRA

 
go short / long  - 6024 / 6048
 
stop loss –  opposite
 
long targets –  6072/96/120
 
short targets –  6000/5976/52