Messages

Thursday, January 16 2014
09:04 AM

 

INTRA

 

DATE

16th  january 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

BANK NIFTY SPOT

short

11135

11065/10995

11205

long

11205

11275/345/415

11135

RELIANCE

short

886

879/72

889.5

long

893

900/07

889.5

SBI

short

1639

1632/24/17/09

1647

long

1647

1654/62/69

1639

icici bank

short

1057

1052/46/41

1063

long

1063

1068/74/79

1057

LT

short

1002

993/84

1011

long

1011

1020/29/38

1002

TATA MOTORS

short

 374.50

372/69.5

377

long

377

379.5/82

374.5

yes bank

short

352

350/47.5/45.5

354.5

long

354.5

356.5/59/61

352

lic hsg fin

short

212.5

211/09.5

214

long

214

215.5/17/18.5/20

212.5

idfc

short

102

101/100

103

long

103

104/05/06

102

tata steel

short

375

373/71/69

377

long

377

379/81/83

375

hindalco

short

111

110/09/08

112

long

112

113/14/15

111


09:09 AM

 

NIFTY SPOT INTRA
 
go short / long  - 6332 / 6354
 
stop loss –  opposite
 
long targets –  6376/98
 
short targets –  6310/288/266
 

Wednesday, January 15 2014
09:11 AM

 NIFTY SPOT INTRA

 
go short / long  - 6253 / 6268
 
stop loss –  opposite
 
long targets –  6283/98/313
 
short targets –  6238/23/08
 
 
 

09:12 AM

 

INTRA

 

DATE

15th  january 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

BANK NIFTY SPOT

short

10970

10905/840/775/710

11035

long

11035

11100/165/230

10970

RELIANCE

short

880

876/72/68

884

long

884

888/92/96/900

880

SBI

short

1620

1608/1596/84

1632

long

1632

1644/56/68/80

1620

icici bank

short

1038

1032/25/19/12

1045

long

1045

1051/58/64

1038

LT

short

970

963/56/49

977

long

977

984/91/98

970

TATA MOTORS

short

 370.50

368/65.5

373

long

373

375.5/78/80.5

370.5

coal india

short

286

283/80/77/74

289

long

289

292/95/98

286

aurobindo

short

387

383.5/80/76.5/73

390.5

long

390.5

394/97.5/401/04.5/08

387

havells

short

788.5

785/81.5/78/74.5

792

long

792

795.5/99/802.5/806

788.5

TCS

short

2328

2314/2300/2286/72

2342

long

2342

2356/70

2328

voltas

short

104

103/02/01/100

105

long

105

106/07/08/09

104


10:36 AM

 ANNUAL TRADING LEVELS FOR 2014 ..... 2 WEEKLY CLOSES IS THE TRIGGER 

 

POSN TRADING

annual

DATE

2014

 

stocks / indices

go

entry

Target

Stoploss

NIFTY SPOT

short

6300

6100/5900/700/

6500

long

6500

6700/900/7100/7300/7500

6300

BSE SENSEX

short

21250

20550/19850/150/18450/17750

21950

long

21950

22650/23350/24050/750/25450

21250

BANK NIFTY

short

12000

11500/11000/10500/10000/9500/9000

12500

long

12500

1300/500/14000/500/15000/500

12000

CNX IT

short

9300

8850/400/7950/500/7050

9750

long

9750

10200/650/11100

9300

ACC

short

1070

1030/990/950/910/870/830

1110

long

1110

1150/90/1230/70

1070

RELIANCE

short

905

875/45/15/785/55/25/695/65/35/05

935

long

935

965/95/1025/55/85

905

ICICI

short

1080

1020/960/900/840/780/720/660/600

1110

long

1140

1200/1260/1320/80/1440/1500

1110

SBI

short

1765

1715/1670/20/1575/25/1480/30/1385/35

1810

long

1810

1860/1905/55/2000/2050/95/2145/90

1765

ONGC

short

282

273/64/55/46/37/28/19/10

291

long

291

300/09/18/27/36/45/54/63/72

282

BHARTI

short

314

300/286/72/58/44/30/

328

long

328

342/56/70

314

M&M

short

916

875/36/797/58/19

955

long

955

994/1033/72

916

HUL

short

560

538/16/494/72/50

582

long

582

604/26/48/70/92

560

LT

short

995

940/885/30/775/20/665/10

1050

long

1050

1105/60/1215/70/1325/80

995

HDFC

short

730

685/40/595/50

775

long

775

820/65/910/55/1000

730

hdfc bank

short

646

622/598/74/50

670

long

694

718/42/66/90

670

ITC

short

311

291/71/51

321

long

331

351/71/91

321

TATASTEEL

short

422

406/390/374/58/42

438

long

438

454/70/86/502

422

TATA MOTORS

short

360

345/30/15/300

375

long

375

390/405/20/35/50

360

IDFC

short

103

94.5/86/77.5/69

111.5

long

111.5

120/28.5/37/45.5/54/62.5/71

103

JSPL

short

258

242/26/20/294/78/62

266

long

274

290/306/22/38/54/70

266

INFY

short

3275

3275/3075/2875

3375

long

3475

3675/3875/4075/4275/4475

3375

TCS

short

2100

2050/2000/1950/1900/1850/1800/1750/1700

2150

long

2200

2250/2300/2350/2400/2450/2500/2550/2600

2150


Tuesday, January 14 2014
09:03 AM

 

NIFTY SPOT INTRA
 
go short / long  - 6246 / 6280
 
stop loss –  6263 for both
 
long targets –  6297/314/31
 
short targets –  6229/12/195/78

09:04 AM

 

INTRA

 

DATE

14th  january 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

BANK NIFTY SPOT

short

11000

10930/860/790

11070

long

11070

11140/210/280

11000

RELIANCE

short

881

877/73/69

885

long

885

889/93/97

881

SBI

short

1624

1607/1590

1641

long

1641

1658/75

1624

icici bank

short

1052

1047/42

1057

long

1057

1062/67/72

1052

LT

short

974

965/56

983

long

983

992/1001

974

TATA MOTORS

short

 375.00

372/69/66/63

376.5

long

378

381/84/87/90

376.5

RANBAXY

short

436

432.5/29/25.5/22

439.5

long

439.5

443/46.5/50

436

PNB

short

601.5

598/94.5/91

605

long

605

608.5/12/15.5/19

601.5

bharat forge

short

343

340/37/34/31

346

long

346

349/52/55

343

TCS

short

2355

2342/29/16/03

2368

long

2368

2381/94/407/420

2355

INFY

short

3641

3625/09/3593/77

3657

long

3673

3689/705/21

3657


Monday, January 13 2014
08:20 AM

 

POSN TRADING

weekly

DATE

13th / 17th  january  2013

 

stocks / indices

go

entry

Target

Stoploss

ALWAYS PREFER TRADES IN THE DIRECTION OF NIFTY

cnx nifty

short

6170

6098/26/5954

6242

long

6242

6314/86/458

6170

bse sensex

short

20820

20580/340/100

21060

long

21060

21300/540/780

20820

 BANK NIFTY

Short

10770

10660/550/440/330

10880

Long

10880

10990/11100/210/320

10770

CNX IT

Short

9680

9580/480/380

9780

Long

9780

9880/980/10080

9680

aurobindo

Short

394

389/84/79/74/69/64

399

Long

399

404/09/14/19

394

axis bank

Short

1162

1151/40/29/18/07

1173

Long

1173

1184/95

1162

BHARTI

Short

330

327/24/21/18/15

333

Long

333

336/39/42/45

330

BOB

Short

616

609.5/03/596.5/90

622.5

Long

622.5

629/35.5/42

616

CIPLA

Short

396

393/90/87/84/81/78/75/72

399

Long

402

405/08/11/14/17/20

399

dr reddys

Short

2607

2577/47/17/2487/57

2637

Long

2637

2667/97/2727/57

2607

HCL TECH

Short

1287

1276/65/54/43/32

1298

long

1298

1309/20/31/42

1287

HDFC

Short

794

787/80/73/66

801

Long

801

808/15/22/29

794

hdfc bank

Short

665

659/53/47/41

671

Long

671

677/83/89/95

665

HUL

Short

550

544/38/32/26/20

556

Long

556

562/68/74/80

550

ICICI BANK

Short

1025

1013/01/989/77

1037

Long

1037

1049/61/73

1025

IDFC

Short

100

99/98/97

101

Long

101

102/03/04/05

100

INFOSYS

Short

3575

3547/19/3491/63

3603

long

3603

3631/59/87

3575

ITC

Short

320.5

315.5/10.5/05.5/300.5

323

Long

325.5

330.5/35.5/40.5

323

LT

Short

957

949/41/33/25/17/09/01

965

Long

965

973/81/89/97

957

M&M

Short

877

867/57/47

887

Long

887

897/907/17

877

MARUTI

Short

1804

1781/58/35/12/1689

1827

Long

1827

1850/73/96

1804

ONGC

Short

282.5

280/77.5/75/72.5/70

285

long

285

287.5/90/92.5/95

282.5

PNB

Short

592

585.5/79/72.5/66

598.5

Long

598.5

605/11.5/18/24.5/31

592

RELIANCE

Short

860

849/38/27/16

871

long

871

882/93/904

860

sun pharma

Short

602

595/88/81/74/67/60

609

Long

609

616/23/30/37

602

SBI

Short

1615

1595/75/55

1635

Long

1635

1655/75/95

1615

TATAMOTORS

Short

369

365/61/57/53

373

Long

373

377/81/85/89

369

TATASTEEL

Short

385

381/77/73/69

389

Long

389

393/97/401/05/09

385

TCS

Short

2252

2222/2192/62/32/02

2282

Long

2282

2312/42/72/2402

2252

 

 

 

 

 

 

 

 

 

CNX AUTO

short

5165

x

5210

long

5210

x

5165

CNX ENERGY

short

7665

x

7730

long

7730

x

7665

CNX FMCG

short

16900

x

17020

long

17020

x

16900

CNX INFRA

short

2295

x

2321

long

2321

x

2295

CNX METAL

short

2396

x

2414

long

2414

x

2396

CNX MIDCAP

short

7816

x

7864

long

7864

x

7812

CNX PHARMA

short

7850

x

7900

long

7900

x

7850

CNX PSU BANKS

short

2390

x

2415

long

2415

x

2390

CNX REALTY

short

173

x

174

long

174

x

173


08:22 AM

 my weekly take .....

 

Trading levels --- 13th / 17th   January  2014

 

We ended last week about 40 NIFTY points lower than the previous weekly close. First four days were all narrow range days indicating requirement of a trigger to break-out on either side.

 

INFY results did provide the trigger and NIFTY galloped to 6240 during the first half of Friday on the back of strong performance of IT sector and small help from banking. But mid-afternoon banking just collapsed erasing all the gains of the morning  and going on to post a new weekly low before recovering in last 30 minutes.

 

Later on, we had a very disappointing IIP figure of -2.1 % and markets would react negatively on Monday at opening. We will have WPI and CPI  inflation figures later on Monday  and that will probably chart the further course of the market.

 

6130/6150 zone is crucial for NIFTY and if we break that decisively on Monday, we could be heading for 6060/6030 area.

 

Another worrying factor was Friday sell-off in midcap stocks which were performing so well in last 8/10 days. This  exposes the soft underbelly of the market. That was the reason I was recommending trimming of exposure to midcaps in the new year. I expect these cuts to continue for few more days unless we have a sharp pullback on Tuesday after the inflation figures.

 

I will continue to hold 6100 put and 6250 call for a day more and decide on Tuesday depending upon how market reacts to inflation numbers. However I must say that this long strangle trade has not gone as intended due to sudden collapse of NIFTY futures premium.

 

INFY results are just in line and most of the additional margins have come because of shifting  a portion of onsite work to offshore.  But beware, this will mean higher wage increases in future as employees will be missing opportunities to get overseas travel  allowances. I AM NOT OVERTLY BULLISH ON NIFTY BUT RESERVE MY CALL TILL WE SEE TCS RESULTS.

 

I had initiated a bear spread on INFY 2 days before the results which was cut with small loss of 40 odd points. But I was betting on 150 points gain  which did not work out.

 

Finally trading in stock market is all about playing percentages  … ISNT IT ???

 

Please remember CAPITAL is always scarce and needs to be respected.

 

I have released SAMVAT 2013/14  trading levels  on my website – http://www.sumamura.com/sumamura-messages/.  

 

JANUARY2014 LEVELS are out ON 1st January. You can have a look at the same before entering fresh trades.

 

 

My monthly trading levels are out and paid members have them. At 3,000 rupees a year, they provide tremendous value for money proposition.


08:58 AM

 

INTRA

 

DATE

13th  january 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

BANK NIFTY SPOT

short

10805

10740/675/610

10870

long

10870

10935/11000/065/130

10805

RELIANCE

short

863

858/53/48

868

long

868

873/78/83

863

SBI

short

1609

1600/1591/82

1618

long

1618

1627/36/45

1609

icici bank

short

1029

1022/15/08/01

1036

long

1036

1043/50/57/64

1029

LT

short

957

951/45/39/33

963

long

963

969/75/81

957

TATA MOTORS

short

 365.50

363/60.5/58

368

long

368

70.5/73/75.5/78

365.5

RANBAXY

short

465.5

462.5/59.5/56.5/53.5

468.5

long

468.5

471.5/74.5

465.5

federal bank

short

78

76.5/75

78.75

long

79.5

81/82.5/84

78.75

VOLTAS

short

107

106/05/04/03

108

long

108

109/10/11/12/13

107

TCS

short

2294

2286/78/70/62/54

2302

long

2302

2310/18/26

2294

INFY

short

3592

3574/57/39/22

3610

long

3610

3627/45/62/80

3592


09:03 AM

 

NIFTY SPOT INTRA
 
go short / long  - 6194 / 6210
 
stop loss –  opposite
 
long targets –  6227/43/60
 
short targets –  7177/61/44/28

08:07 AM

 

weekly

 

DATE

13th / 17th  jan 2014

 

world indices

go

entry

Target

Stoploss

S & P

short

1838

1826/14/02/1790

1850

long

1850

1862/74/86/98

1838

nasdaq comp

short

4160

4122/4084/46

4198

long

4198

4236/74

4160

dow jones

short

16350

16240/130/020/15910/800

16460

long

16460

16570/680/790/900

16350

FTSE

short

6710

6660/610/560/510

6760

long

6760

6810/860/910/960

6710

nikkei

short

15900

15740/580/420/260/100

16060

long

16060

16220/380/540/700

15900

australian ord

short

5290

5335/280/225/170

5345

long

5345

5400/455/510

5290

hangseng

short

22880

22700/520/340/160

23060

long

23060

23240/420/600/780

22880

shanghai

short

2010

1987/64/41

2033

long

2033

2056/79/102

2010


08:10 AM

 

weekly

 

DATE

13th / 17th  jan 2014

 

 

commodity

go

entry

Target

Stoploss

 

gold

short

1225

1216/07/1198/89/80

1234

US$ / T ounce

long

1243

1252/61/70/79/88

1234

 

silver

short

20

19.8/19.6/19.4/19.2/19/18.8

20.2

US$ / T ounce

long

20.2

20.4/20.6/20.8/21/21.2/21.4

20

 

crude

short

92.2

91.4/90.6/89.8/89

93

US$ / barrel

long

93

93.8/94.6/95.4/96.2/97

92.2

 

nat gas

short

4.06

4.02/3.98/3.94/3.9

4.1

US$ / 10K MMBTU

long

4.1

4.14/4.18/4.22/4.26

4.06

 

copper

short

3.345

3.325/3.3/3.275/3.255/3.23

3.37

US$ / pound

long

3.37

3.39/3.415/3.435/3.46

3.345

 

sugar

short

427

422.5/18/13.5/09

431.5

US$ / tonne

long

431.5

436/40.5/45

427

 

Friday, January 10 2014
08:56 AM

 

INTRA

 

DATE

10th  january 2014

 

stocks / indices

go

entry

Target

Stoploss

PREFER TO TRADE IN THE DIRECTION OF NIFTY . . .

BANK NIFTY SPOT

short

10950

10880/810/740

11020

long

11020

11090/160/230/300

10950

RELIANCE

short

848

844/40/36

852

long

852

856/60/64/68

848

SBI

short

1640

1632/23/15/06

1649

long

1649

1657/66/74

1640

icici bank

short

1048

1043/38/33/28

1053

long

1053

1058/63/68/73

1048

LT

short

970

964/58/52/46/40

976

long

976

982/88/94/1000

970

TATA MOTORS

short

 367.00

365.5/64/62.5/61

368.5

long

368.5

370/71.5/73/74.5/76

367

axis bank

short

1181

1173/65/57/49/41

1189

long

1189

1197/1205/13/21

1181

RCOM

short

123.5

122.75/22/21.25/20.5/19.75/19

124.25

long

125

125.75/26.5/27.25/28

124.25

HINDALCO

short

112.5

112 / 11.5/11/10.5/10

113

long

113.5

114/14.5/15/15.5/16

113

tech mahindra

short

1824

1811/1798/85/72/59

1837

long

1837

1850/63/76/89

1824

INFY

short

3440

3405/370/335/300

3475

long

3475

3510/545/580

3440


09:00 AM

 

NIFTY SPOT INTRA
 
go short / long  - 6162 / 6178
 
stop loss –  opposite
 
long targets –  6194/210/226/242
 
short targets –  6146/30/14