Sunday, May 18, 2014

Nifty@7200 What is next?

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%.

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