You must have this question in your mind what next Nifty can achieve? This time I feel nifty should achieve 8000 in next one year, but that does not mean that we should start buying now.. In my opinion this market is now Buy on Dips for entire year. For the next week I would suggest to be on short side on intraday basis. Avoid taking overnight short positions. Only Buy call I think of now is Lupin @ CMP 958.65 for short term upside of 5-10%.
This Blog is designed to help beginner to trade in Indian Share Market. This Blog, its owner, creator & contributor are not responsible for any loss arising out of any information, post or recommendations appearing on this blog. Investors or traders are advised to consult financial adviser before acting on any such information.
Sunday, May 18, 2014
Saturday, May 10, 2014
Last Week follow Up..
Last week was proved as good week. First four days of the week market traded in negative to flat zone. But the last day was roller coaster day. I hope all shorter has exited their positions on time, and all the traders who opened long positions has made handsome gains. Next week going to be very volatile so I would advised to stay a side from the market for one week. So no trading calls this week.
S.No
|
Stock
|
Date
|
Previous Week Price
|
Buy SL
|
Short SL
|
Trade Type
|
High V/S Low
|
1
|
ACC
|
02-05-2014
|
1285.75
|
1274
|
|
Long
|
1347/1261
|
2
|
Albk
|
02-05-2014
|
101.65
|
97
|
|
Long
|
105.80/90.10
|
3
|
Asian Paint
|
02-05-2014
|
511.45
|
505
|
|
Long
|
524.45/503
|
4
|
BOB
|
02-05-2014
|
801.25
|
|
821/830
|
Short
|
833.60/790.50
|
5
|
Bharti
|
02-05-2014
|
325.6
|
|
332
|
Short
|
327.60/305.25
|
6
|
Coal India
|
02-05-2014
|
295.3
|
290
|
|
Long
|
310/292.95
|
7
|
DLF
|
02-05-2014
|
139.8
|
135.4
|
|
Long
|
145.90/137.60
|
8
|
HDFC
|
02-05-2014
|
910.95
|
890
|
|
Long
|
912.15/840.55
|
9
|
Hindalco
|
02-05-2014
|
131.65
|
126
|
|
Long
|
144.70/129.85
|
10
|
ICICI
|
02-05-2014
|
1252.4
|
|
1265
|
Short
|
1390.90/1238
|
11
|
LT
|
02-05-2014
|
1263.55
|
|
1310
|
Short
|
1348.95/1251.20
|
12
|
PNB
|
02-05-2014
|
776.05
|
|
800
|
Short
|
821.90/771.30
|
13
|
RIL
|
02-05-2014
|
928.1
|
|
950
|
Short
|
999/925
|
14
|
SBIN
|
02-05-2014
|
2048.2
|
|
2110
|
Short
|
2185.20/2035
|
15
|
TCS
|
02-05-2014
|
2208.45
|
2180
|
|
Long
|
2229/2140.10
|
16
|
Tata Motors
|
02-05-2014
|
414.75
|
|
424
|
Short
|
429.10/408.5
|
17
|
Tata Power
|
02-05-2014
|
80.15
|
78
|
|
Long
|
81/75.65
|
18
|
Tata Steel
|
02-05-2014
|
390.05
|
|
407
|
Short
|
420.75/388.85
|
Sunday, May 4, 2014
What to trade next week.....
Coming week is going to be very volatile. Market can move any side. We should trade strictly with the stop loss. My view is to be on positive side. Nifty 6580 is going to be major support. Long should not to be below 6580 levels. Broader range could be between 6580-6790. Below is few of the trend which we can follow for short term.
S.No
|
Stock
|
Date
|
CMP
|
Buy SL
|
Short SL
|
Trade Type
|
1
|
ACC
|
02-05-2014
|
1285.75
|
1274
|
|
Long
|
2
|
Albk
|
02-05-2014
|
101.65
|
97
|
|
Long
|
3
|
Asian Paint
|
02-05-2014
|
511.45
|
505
|
|
Long
|
4
|
BOB
|
02-05-2014
|
801.25
|
|
821/830
|
Short
|
5
|
Bharti
|
02-05-2014
|
325.6
|
|
332
|
Short
|
6
|
Coal India
|
02-05-2014
|
295.3
|
290
|
|
Long
|
7
|
DLF
|
02-05-2014
|
139.8
|
135.4
|
|
Long
|
8
|
HDFC
|
02-05-2014
|
910.95
|
890
|
|
Long
|
9
|
Hindalco
|
02-05-2014
|
131.65
|
126
|
|
Long
|
10
|
ICICI
|
02-05-2014
|
1252.4
|
|
1265
|
Short
|
11
|
LT
|
02-05-2014
|
1263.55
|
|
1310
|
Short
|
12
|
PNB
|
02-05-2014
|
776.05
|
|
800
|
Short
|
13
|
RIL
|
02-05-2014
|
928.1
|
|
950
|
Short
|
14
|
SBIN
|
02-05-2014
|
2048.2
|
|
2110
|
Short
|
15
|
TCS
|
02-05-2014
|
2208.45
|
2180
|
|
Long
|
16
|
Tata Motors
|
02-05-2014
|
414.75
|
|
424
|
Short
|
17
|
Tata Power
|
02-05-2014
|
80.15
|
78
|
|
Long
|
18
|
Tata Steel
|
02-05-2014
|
390.05
|
|
407
|
Short
|
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