Trading Tips (For 12-5-14 ,11 Buy Call & 2 Sell Call)

1.ACC LTD CMP RS.1341.10 ON 9-5-14

  Buy above 1347.45 with a stop loss of Rs.1340 for a target of Rs.1375

REMARKS;- Buy Call for the day 12-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

 

2.AMBUJA CEMENTS CMP RS.207.15 ON 9-5-14

  Buy above 208 with a stop loss of Rs.206 for a target of Rs.218

REMARKS;- Buy Call for the day 12-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

 
3.ASIAN PAINTS CMP RS.521.15 ON 9-5-14

  Buy above 524.45 with a stop loss of Rs.520 for a target of Rs.540

REMARKS;- Buy Call for the day 12-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.



4.BAJAJ AUTO CMP RS.1919.95 ON 9-5-14

  Buy above 1927 with a stop loss of Rs.1915 for a target of Rs.1970

REMARKS;- Buy Call for the day 12-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.



5.BANK OF BARODA CMP RS.830.30 ON 9-5-14

  Buy above 833.60 with a stop loss of Rs.828 for a target of Rs.855

REMARKS;- Buy Call for the day 12-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.



6.BHEL CMP RS.194.05 ON 9-5-14

  Buy above 195.25 with a stop loss of Rs.193 for a target of Rs.202

REMARKS;- Buy Call for the day 12-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

 
7.CROMPTON GREAVES CMP RS.174.70 ON 9-5-14

  Buy above 175.60 with a stop loss of Rs.173 for a target of Rs.182

REMARKS;- Buy Call for the day 12-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

 
8.IDFC. CMP RS.117.25 ON 9-5-14

  Buy above 117.80 with a stop loss of Rs.116 for a target of Rs.123

REMARKS;- Buy Call for the day 12-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way


9.PUNJAB NATIONAL BANK CMP RS.818.75 ON 9-5-14

  Buy above 821.90 with a stop loss of Rs.817 for a target of Rs.853

REMARKS;- Buy Call for the day 12-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way

 10.RELIANCE COMMUNICATION CMP RS.117.60 ON 9-5-14

  Buy above 119 with a stop loss of Rs116.50 for a target of Rs.126

REMARKS;- Buy Call for the day 12-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way
 

11.STEEL AUTHORITY CMP RS.70.25 ON 9-5-14

  Buy above 71.20 with a stop loss of Rs69.50 for a target of Rs.75

REMARKS;- Buy Call for the day 12-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way



12.DIVI,S LAB CMP RS.1338.40 ON 7-5-14

Sell below 1330 with a stop loss of Rs.1340 for a target of Rs.1300

REMARKS;- Sell Call for the day 12-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

13.GLENMARK PHARMA CMP RS.580 ON 7-5-14

Sell below 576.25 with a stop loss of Rs.582 for a target of Rs.550

REMARKS;- Sell Call for the day 12-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

NOTE:-1.PRICE STATED HERE IS OF SPOT MARKET.

                   2.RECOMMENDATIONS ARE VALID TILL THE STOP LOSS IS TRIGGERED.

                   3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN AND CAPITAL PROTECTION. 

 Contact me for strategic guidance to enter and exit the trade

CNX Bank Index-Update(For Week Starting From-12-5-14)

CNX BANK INDEX CLOSED AT 13750.50 ON 9-5-14


Range for the week ended 9-5-14 was :- 13814.25  --  12773.05


SUPPORT:- 13,414.30 / 13,303.60 / 13,268.60 / 13,055 / 12,738.

RESISTANCE:- 13,968 /14,170 / 14,985 / 15900.

Index has given a huge up side beak out roughly by 3% from the previous all time high of 13,414.30 made on 20.5.2013 and made a new high of 13,814.25 on 9-5-14 and  closed the week near the higher end of the range,so it is in the new zone and this indicates that a huge up side is ahead in the index in days to come off course there will be in between down correction also but  there is NO DOUBT THAI IT IS A BUY ON DIP MARKET FOR SURE.Going up it will face resistance at  13968 /14,170 and now the previous all time high of 13,414.30 has become strong support level for it ,so only get alerted in long trades if it breaks this level and closes below this for 3-4 days,then get out of the long trade.Kindly note that one major event of election result is lined up on 16-5-14,therefore volatility in the market could be very high and index could hugely swing both ways,so trade cautiously .DO NOT TRADE WITHOUT STOP LOSS.


REMARKS:-Long term trend is up,seeing the huge up side break out in the index on 9-5-14,it is expected that the index could be in the range of 13970 -- 14,600 in the coming week but it can encounter tough resistance in the region of 13970-14170 once 14170 mark is cleared then there is no major hurdle for going up.The ideal stop loss for the long trade would be below 13,200. Since the volatility is expected to be high in the coming week hence the stop loss is wide.I reiterate once again that it is a buy on dip market.

     NOTE:-1.PRICE STATED HERE IS OF SPOT MARKET.

                 2.RECOMMENDATIONS ARE VALID TILL THE STOP LOSS IS TRIGGERED.

                 3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN AND CAPITAL PROTECTION. 

 Contact me for strategic guidance to enter and exit the trade

Nifty Update (For Week Starting from-12-5-14)

NIFTY CLOSED AT 6858.80 ON 9-5-14


Range for the week ended on 9-5-14 was:-6871.35 - 6638.55


SUPPORT:-6819.05 / 6740 / 6665 / 6650 / 6638.55

RESISTANCE :-6869.85 / 6871.35 / 6905 / 6998 / 7015 / 7062/ 7215 / 7245 / 7455 / 7617.


Nifty showed weak trend in first 4 trading days(anticipated ,see my last post) and broke  the critical level of 6650 intra day twice during the week but did not close below it and finally  staged a stupendous recovery on the last day of the week and made a new high of 6871..35 before closing near the high at 6858.80.In technical parlance it is called Key Reversal because the 8 days zig- zag  down move was covered in just one trading session,it indicates that a very strong up move is ahead in coming days, off course the in between down correction could be there ,please also don't forget that one major event of election result is lined up on 16-5-14,so the volatility in the market could be very high in the coming week.Trade very carefully  and cautiously.The technical parameters are also good so it is a buy on dip market now for sure.Kindly use support and resistance level smartly to enter and exit market.DO NOT TRADE WITHOUT STOP LOSS.


REMARKS:-Long term trend up,seeing the move of nifty on 9-5-14 it is expected that nifty could be in the range of 6905-7100 in the coming week,it can encounter tough resistance in the region of 6905-7070 but once the 7070 mark is cleared then there will not be any major hurdle going up.The strong support still exist at 6650 / 6638.but get alerted in long trade if it breaks 6700 and stays below it. so the stop loss for the long trade would be 6700.Since the volatility is expected to be high in the coming week hence the stop loss is wide.I reiterate once again that it is a buy on dip market.

      NOTE:-1.PRICE STATED HERE IS OF SPOT MARKET.

                  2.RECOMMENDATIONS ARE VALID TILL THE STOP LOSS IS TRIGGERED.

                  3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN AND CAPITAL PROTECTION. 

 Contact me for strategic guidance to enter and exit the trade

Trading Tips For (8-5-14)

1.ACC LTD CMP RS.1271.70 on 7-5-14

Sell below 1296 with a stop loss of Rs.1317 for a target of Rs.1217

REMARKS;-It is a Positional sell Call ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.


2.ADANI ENTERPRISES CMP RS.427.45 ON 7-5-14

Sell below 425.15 with a stop loss of Rs.430 for a target of Rs.412

REMARKS;- Sell Call for the day 8-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.


3.HCL TECH  CMP RS.1320.80 ON 7-5-14

Sell below 1316 with a stop loss of Rs.1335 for a target of Rs1250

REMARKS;- Sell Call for the day 8-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving theother way.


4.INFOSYS  CMP RS.3067.35 ON 7-5-14

Sell below Rs.3067 with a stop loss of Rs.3080 for a target of Rs2980

REMARKS;- Sell Call for the day 8-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

5.LUPIN LABSCMP RS.990 on 7-5-14

Sell below 1020 with a stop loss of Rs.1030 for a target of Rs.938.

REMARKS;-It is a Positional sell Call ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.


6.TCS  CMP RS.2165. ON 7-5-14

Sell below Rs.2165 with a stop loss of Rs.2180 for a target of Rs2100

REMARKS;- Sell Call for the day 8-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

7.TECH MAHINDRA CMP RS.1736.45 ON 7-5-14

Sell below Rs.1736 with a stop loss of Rs.1750 for a target of Rs1685

REMARKS;- Sell Call for the day 8-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

      NOTE:-1.PRICE STATED HERE IS OF SPOT MARKET.

                  2.RECOMMENDATIONS ARE VALID TILL THE STOP LOSS IS TRIGGERED.

                  3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN AND CAPITAL PROTECTION. 

 Contact me for strategic guidance to enter and exit the trade

Trading Tip(7-5-14)

1.AMBUJA CEMENTS  CMP RS.198.85 on 6-5-14


Sell below Rs.198 With a stop loss of Rs.200 for a target of Rs.192.


REMARKS:-Sell call for the day 7-5-14 only.

       NOTE:-1.PRICE STATED HERE IS OF SPOT MARKET.

                   2.RECOMMENDATIONS ARE VALID TILL THE STOP LOSS IS TRIGGERED.

                   3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN AND CAPITAL PROTECTION. 

 Contact me for strategic guidance to enter and exit the trade

Trading Ideas (for 7-5-14)

1.AXIS BANK  CMP Rs.1536.95  On 6-5-14


Sell  below 1528.50 with a stop loss of Rs.1535  for a target of Rs.1500.


REMARKS:- Sell call for the day 7-5-14 only.



2.CANARA BANK CMP Rs. 287.50 On 6-5-14.


Sell  below  Rs.286 with a stop loss of Rs.288  for a target of Rs.277


REMARKS:- Sell call for the day 7-5-14 only.

       NOTE:-1.PRICE STATED HERE IS OF SPOT MARKET.

                   2.RECOMMENDATIONS ARE VALID TILL THE STOP LOSS IS TRIGGERED.

                   3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN AND CAPITAL  PROTECTION. 

 Contact me for strategic guidance to enter and exit the trade

Trading Idea For 6-5-14

1.Bajaj Auto Ltd CMP-Rs,1918.55



Buy  at  current rate or on decline with a stop loss of Rs.1895 for a target of Rs.2000.It is a Positional Call.


REMARKS:- Positional buy call.

      NOTE:-1.PRICE STATED HERE IS OF SPOT MARKET.

                  2.RECOMMENDATIONS ARE VALID TILL THE STOP LOSS IS TRIGGERED.

                  3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN AND CAPITAL   PROTECTION. 

 Contact me for strategic guidance to enter and exit the trade

Trading Ideas (For 5.5.2014)

1.Larsen & Toubro  CMP Rs.1263.55 on 2.5.14 

Sell below 1260  with a stop loss of  1267 for a target of 1242

REMARK:-Sell call for the day (5.5.14)


2.Mahindra & Mahindra CMP Rs.1057.85 on 2.5.14

                                         Trading Option

 A.Sell below 1045  with a stop loss of  1060 for a target of 1024 (Call for the day only 5.5.2014)

B.Sell near 1085 or 1090 with a stop loss of  1100 for a target of 995(Positional Call)

REMARK :-Go for suitable option as per market movement.


3.Siemens Ltd CMP Rs.691.60 on 2.5.14 

Sell below 685  with a stop loss of  693 for a target of 665

REMARK:-Sell call for the day (5.5.14)

4.State Bank Of India CMP Rs.2048.20 on 2.5.14 

Sell below 2040  with a stop loss of  2050 for a target of 2010

REMARK:-Sell call for the day (5.5.14)


5.Titan Company CMP Rs.258.05 on 2.5.14 

Buy at current rate with a stop loss of  254 for a target of 268

REMARK:-Buy call for the day (5.5.14)



6.Bajaj Auto CMP Rs.1906.70 on 2.5.14 

Sell below 1900  with a stop loss of  1910 for a target of1872

REMARK:-Sell call for the day (5.5.14)


      NOTE:-1.PRICE STATED HERE IS OF SPOT MARKET.

                  2.RECOMMENDATIONS ARE VALID TILL THE STOP LOSS IS TRIGGERED.

                  3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN AND CAPITAL PROTECTION. 

 Contact me for strategic guidance to enter and exit the trade

CNX Bank Index-Update(For Week Starting From-5.5.2014)

CNX Bank Index Closed At 12,842  on 2.5.14


Range for the week ended on 2.5.14 was :-13,124.30  -- 12,738.60

Range for the month of April-14 was :-13,268.60  --  12,430.85


SUPPORT:-12,738.60 / 12,514.75 / 12,430.85 / 12,225 / 11,867.15


RESISTANCE :-12,869.35 / 12,960.65 / 13,055 / 13,268.60 / 13,303.60 / 13,414.30.


The trend is up but since it is running below its short term moving averages and Candlestick on weekly chart has made a bearish pattern,therefore it may show some weakness in coming trading sessions and can go in for down  correction,so those who are already long in the index should have a strict stop loss of below 12,738.60  say 12,700 because if it breaks this level and stays below it then it could go in for deeper down correction,going down it will find strong support at 12,514.75 & 12,430.85(refer my earlier post).and kindly note  that breaking  of these level will threaten the on going uptrend for short term.Those who want go long a fresh can do so near 12,738.60 with a stop loss of 12,700 or when it crosses 12,950 and stays above this with a stop loss of 12,900.

REMARKS:- Long term trend is up but short term moving averages placement and candlestick pattern on weekly chart suggest that a down correction could be in the offing,therefore avoid long position below 12,738.60 for sure.

       NOTE:-1.PRICE STATED HERE IS OF SPOT MARKET.

                   2.RECOMMENDATIONS ARE VALID TILL THE STOP LOSS IS TRIGGERED.

                   3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN AND CAPITAL PROTECTION. 

 Contact me for strategic guidance to enter and exit the trade

Nifty- Update For Week Starting From-5.5.2014

Nifty Closed At 6694.80 on 2.5.2014


Range for the week ended on 2.5.14 was :- 6786.25 - 6656.80

Range for the month of April-14 was :-6869.85 - 6650.40


SUPPORT:-6650.40 / 6600 / 6540 / 6473 / 6432 / 6415.


RESISTANCE:-6709.95 / 6776.75 / 6819.05 / 6869.85 / 6917 / 6988 / 7197.


The weekly and monthly closing was near the lower end of the range,although the trend is still up but at this point of time nifty is looking slightly weak but since it did not break the critical support level of 6650 , which gives some hope that it may bounce back from here and going up the critical resistance area would be in the region of 6760--6780,please note that nifty will regain momentum again above this range.

Technically nifty is running below its short term moving averages and RSI is showing negative divergence on the daily chart,so there is chances that it could break 6650 level and can come down to 6550-6450 level in coming days but as I always says(see my earlier post) that divergence should not be viewed in isolation and should be synchronized with other technical parameters which are not that bad,therefore only get alert in long trade if it breaks 6650 and stays below it.

REMARKS:- Long trade should be avoided if nifty breaks 6650 level and stays below it,because then it could go in for deeper down correction,furthermore if it do not cross 6760-80 level in coming 3-4 trading session the chance of breaking 6650 level would increase,so one's stop loss level for long trade should be strictly at 6640 for now.

       NOTE:-1.PRICE STATED HERE IS OF SPOT MARKET.

                   2.RECOMMENDATIONS ARE VALID TILL THE STOP LOSS IS TRIGGERED.

                  3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN AND CAPITAL   PROTECTION. 

 Contact me for strategic guidance to enter and exit the trade

Trading Tips For 2.5.2014

1.Bank Of Baroda CMP Rs.816.95 on 30.4.2014 


Sell below Rs.810  with a stop loss of Rs.818  for a down target of Rs.795.


REMARKS:- It is a day call  only.




2..Titan  Company CMP Rs.254.85 on 30.4.2014


Sell below Rs.254.80  with a stop loss of Rs.255  for a down target of Rs.246.50.


REMARKS:- It is a day call  only.

      NOTE:-1.PRICE STATED HERE IS OF SPOT MARKET.

                  2.RECOMMENDATIONS ARE VALID TILL THE STOP LOSS IS TRIGGERED.

                  3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN AND CAPITAL   PROTECTION. 

 Contact me for strategic guidance to enter and exit the trade

Investment Idea (1.5.2014 )

1.Era Infra Eng  CMP Rs.16.90 on 30.4.14

It is a construction company and as you are already aware that infra structure sector has been going through a bad patch for last 3-4 years therefore all the companies in the sector got affected  financially  and in terms of share prices also.The share price of the company  had a high of  Rs.243.80 made on 14.9.2010 and a low of Rs.12.20 made on 6.3.2014.The company is presently making losses but now they are in a financial revamping mode and their  CDR proposal (Corporate Debt Restructuring ) has also been approved .Furthermore if the economy starts looking up which I am sure it will  in near future then it is the industry  to reckon with.The company has a turnover of around  3900 Crore ,so it is for sure that the co is here to stay and not going to vanish, it may take some time to regain financial health but I am sure it will come out of it  with flying colors in near future.

RECOMMENDATION:- Buy for a time period of 2-3 years ,it could be a  multi bagger


REMARKS:- Invest at current rate or decline with a stop loss of  Rs.11,for a target of at least 100.


2.Indian Overseas Bank CMP Rs.61.85 on 30.4.14


The bank has given superb financial performance and technically also looking extremely good,the stock has made a all time high of Rs.227.45 on 7.1.2008 and  a recent low at 37 on 19.8.2013.I feel that the stock has already bottomed out and ripe for a decent up move.


RECOMMENDATION:- Buy some quantity at current rate  and add on  decline with a stop loss of Rs.49 for 50-100 % return in 1-2 years  time frame.


REMARKS:- strongly suggest to buy.

      NOTE:-1.PRICE STATED HERE IS OF SPOT MARKET.

                  2.RECOMMENDATIONS ARE VALID TILL THE STOP LOSS IS TRIGGERED.

                  3.IN FAVORABLE TRADE TRAIL YOUR STOP-LOSSES FOR MAXIMUM GAIN AND CAPITAL   PROTECTION. 

 Contact me for strategic guidance to enter and exit the trade