Trading Tips (For 22-5-14 - only 10 Sell Call)

1. ADITYA BIRLA NUVO – CMP- Rs1242.15.  On 21-05-2014

Sell below – 1236 with a stop loss of 1245 for a target of 1200

Remarks: Sell call for the day 22-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.

2. BANK OF BARODA – CMP – Rs.934.35 On 21-05-2014

Sell below – 931.55 with a stop loss of 938 for a target of 900

Remarks: Sell call for the day 22-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.

3. BHARTI AIRTEL – CMP – Rs. 339.30On 21-05-2014

Sell below – 335.70 with a stop loss of 340 for a target of 325

Remarks: Sell call for the day 22-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.

4. GRASIM – CMP – Rs.2952.65 On 21-05-2014

Sell below – 2945 with a stop loss of 2955 for a target of 2880

Remarks: Sell call for the day 22-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.

5. PUNJAB NATIONAL BANK – CMP – Rs.986.45 On 21-05-2014

Sell below – 980 with a stop loss of 990 for a target of 950

Remarks: Sell call for the day 22-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.

6. RELIANCE CAPITAL – CMP – Rs.505.80 On 21-05-2014

Sell below – 495 with a stop loss of 507 for a target of 478

Remarks: Sell call for the day 22-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.

7. RIL – CMP – Rs.1078.40 On 21-05-2014

Sell below – 1073.75 with a stop loss of 1080 for a target of 1045

Remarks: Sell call for the day 22-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.

8. SUN PHARMA – CMP – Rs.576.90 On 21-05-2014

Sell below – 574 with a stop loss of 580 for a target of 553

Remarks: Sell call for the day 22-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.

9. TITAN – CMP – Rs.310.45 On 21-05-2014

Sell below – 309.50 with a stop loss of 312 for a target of 295

Remarks: Sell call for the day 22-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.

10. ULTRATECH CEMENT – CMP – Rs.2270.95 On 21-05-2014

Sell below – 2250.50 with a stop loss of 2265 for a target of 2196

Remarks: Sell call for the day 22-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.

      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 Overview for 21-5-14

NIFTY CLOSED  AT 7275.50 ON 20-5-14


Index is closing higher for the last 9 trading sessions and on closing basis it is up by 615.65 points ,therefore it now looks highly vulnerable for a down correction on closing basis and the correction may start tomorrow and it could give lower close , because today the index closed near the lower range of the day,and if it remains below 7275 on 21-5-14 down correction could set in and it may last for 2-3 days  and going down it will find good support at 7245 / 7215/ 7130 / 7101 /7067 /7020 levels and could possibly bounce back from the level of  7067-7130 level.Sooner the correction it will be good for the market.


REMARKS:-Long term trend is up but be cautious on long trade for some time because the down correction on closing basis could set in any moment.Please note that it is buy on dip market for sure. DO  NOT  TRADE  WITHOUT STOP  LOSS.

      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 21-5-2014,4-Sell Call & 1 Buy Call)

1.BANK OF BARODA  CMP RS.937.05 ON 20-5-14

  Sell below  934.10 with a stop loss of Rs.938 for a target of Rs.900

REMARKS;- Sell Call for the day 21-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

 

2.DABUR (I) CMP RS.182.95 ON 20-5-14

  Buy above  182.95 with a stop loss of Rs.181 for a target of Rs.188

REMARKS;- Buy Call for the day 21-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

 
3.KOTAK MAHINDRA BANK CMP RS.903.05 ON 20-5-14

  Sell below 898.20 with a stop loss of Rs.904 for a target of Rs.865

REMARKS;- Sell Call for the day 21-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.



4.RELIANCE IND CMP RS. 1079.85 ON 20-5-14

  Sell below 1075.70 with a stop loss of Rs.1081 for a target of Rs.1045

REMARKS;- Sell Call for the day 21-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.



5.BHARAT PETROLEUM CMP RS.558.75 ON 20-5-14

  Sell below 553.65 with a stop loss of Rs.559 for a target of Rs.520

REMARKS;- Sell Call for the day 21-5-14 ,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

Investment Idea (20-5-2014)

GNFC CMP Rs.95.45 on 14.5.2014 (Invest for 6-12 Months))


SUPPORT:-90.55 / 79.40/70

RESISTANCE:-108 / 113.95 / 135 / 146.20

The stock looks reasonably good  fundamentally and technically both . I feel that the stock has bottomed out between 60-70 and now technically poised for a reasonable rise.Therefore I recommend investment  in the stock at current rate and keep accumulating it in a  staggered manner.For investor the genuine stop loss would be below 79.40  but be alert if it breaks 90.55 and closes below this, and  get out of the stock if it closes below 79.40. One can expect 50% return in the stock i.e Rs.145 in stipulated time or may be earlier also.


REMARKS:-Invest  at least 30% of the  marked fund for the stock at current price and then put in rest of the fund in a phased manner .Kindly use support and resistance level for exit and target points and for trailing stop loss too.

      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 20-5-14/6 Sell Calls and 1 Buy Call)

1.INFOSYS  CMP RS.3015 ON 19-5-14

  Sell below  3000 with a stop loss of Rs.3020 for a target of Rs.2920

REMARKS;- Sell Call for the day 20-5-14 ,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.219.40 ON 19-5-14

  Sell  below  218.10with a stop loss of Rs.220 for a target of Rs.208

REMARKS;- Sell Call for the day 20-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

 
3.TATA MOTORS CMP RS.444.40 ON 19-5-14

  Sell below 442.80 with a stop loss of Rs.445 for a target of Rs.434

REMARKS;- Sell Call for the day 20-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.



4.HIND UNILEVER CMP RS. 555.80 ON 19-5-14

  Sell below  551.55 with a stop loss of Rs.553 for a target of Rs.539

REMARKS;- Sell Call for the day 20-5-14 ,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 CMP RS.914.30 ON 19-5-14

  Sell  below 905 with a stop loss of Rs 915 for a target of Rs.870

REMARKS;- Sell Call for the day 20-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.



6.TECH MAHINDRA CMP RS.1738.75 ON 19-5-14

  Sell below 1730.65 with a stop loss of Rs.1740 for a target of Rs.1680

REMARKS;- Sell Call for the day 20-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

 
7.TITAN COMPANY CMP RS.307.30 ON 19-5-14

  Buy above  307.30 with a stop loss of Rs.304 for a target of Rs.322

REMARKS;- Buy Call for the day 20-5-14 ,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

Trading Tips (For 19-5-14 ,3 Buy Call & 8 Sell Call)

1.ADITYA BIRLA NUVO  CMP RS.1174.45 ON 16-5-14

  Buy above 1188.80 with a stop loss of Rs.1185 for a target of Rs.1220

REMARKS;- Buy Call for the day 19-5-14 ,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.224.35 ON 16-5-14

  Sell  below 222.30 with a stop loss of Rs.225 for a target of Rs.214

REMARKS;- Sell Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

 
3.NMDC CMP RS.161.90 ON 16-5-14

  Buy above 164.10 with a stop loss of Rs.162 for a target of Rs.171

REMARKS;- Buy Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.



4.EXIDE INDS CMP RS. 122.90 ON 16-5-14

  Buy above 122.90 with a stop loss of Rs.121 for a target of Rs.129

REMARKS;- Buy Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.



5.CIPLA CMP RS.388.25 ON 16-5-14

  Sell  below 384.50 with a stop loss of Rs 389 for a target of Rs.368

REMARKS;- Sell Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.



6.DR.REDDYS LAB CMP RS.2406.90 ON 16-5-14

  Sell below 2400 with a stop loss of Rs.2410 for a target of Rs.2340

REMARKS;- Sell Call for the day 19-5-14 ,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.171.10 ON 16-5-14

  Sell below  170.25 with a stop loss of Rs.172 for a target of Rs.162

REMARKS;- Sell Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way.

 
8.HDFC LTD. CMP RS.885.80 ON 16-5-14

  Sell below 885 with a stop loss of Rs.892 for a target of Rs.865

REMARKS;- Sell Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way


9.HERO MOTOCORP CMP RS.2397.65 ON 16-5-14

  Sell below 2381 with a stop loss of Rs.2398 for a target of Rs.2305

REMARKS;- Sell Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way

 10.SUN PHARMA CMP RS.613.50 ON 16-5-14

  Sell below 611 with a stop loss of Rs.615 for a target of Rs.595

REMARKS;- Sell Call for the day 19-5-14 ,at least make cost your stop loss in favorable trade so that you cannot make  loss if market start  moving the other way
 

11.TITAN COMPANY CMP RS.307 ON 16-5-14

  Sell below 305.15 with a stop loss of Rs.308 for a target of Rs.290

REMARKS;- Sell Call for the day 19-5-14 ,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 ex

CNX Bank Index-Update (For Week Starting from 19-5-14)

CNX BANK INDEX CLOSED AT  14853 ON 16-5-14

Range for the week ended on 16-5-14 was:-15742.05 -13801


SUPPORT:-14780 / 14594 / 14468 / 14301 / 14240 / 14063 / 13885 / 13489.

RESISTANCE :- 14985 / 15076 / 15466 / 15742.05 / 15942 / 16441 / 16569 / 16766

Index gave a robust up move during the week and went much  beyond the expected range of 14600 as anticipated by me(See my last post) because of historic election results which gave a clear cut mandate to the NDA.Idex saluted the  peoples verdict and made  new high of 15742.05 and closed above the mid range for the weekend on 16.5.14 at 14853, In thelast 6 trading session it went up from 13017.90 --- 15742.05 i.e by 2724.10 points and going up it had left left  a gap in the region of 14301.30-14468.10 so if index fill this gap now (index coming down to the level of 14301 and the starts moving up then the gap will be filled)then it will be very healthy for the index's next up move.Kindly note that since the index had a vertical rise of more than 2700 points in 6 trading days therefore the normal down correction looks imminent but it is not necessary that it may start correcting immediately, it may move in a short range for few day and then correct ,during correction it will find very good support  at these level 14594 / 14240 / 13885 / 13414 and it is not expected to break 13414 level so any decline should be used for buying only.I expect the nifty to move in the range of  13885--- 15700 in the coming week(19-5-14 to 23-5-14). Please use support and resistance levels for entry,exit, and as trailing  stop loss points.DO NOT TRADE WITHOUT STOP LOSS.

REMARKS:-The long term trend is up ,it may correct now or may be later on so adopt buy on dip strategy,it not expected to break 13414 level and stay below this.BUY ON DECLINE.

      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 19-5-14)

NIFTY CLOSED AT  7203 ON 16-5-14

Range for the week ended on 16-5-14 was:-7563.50 - 6862.90


SUPPORT:-7130.60 / 7101 / 7067.15 / 7020.05 / 6991 / 6869  / 6740 / 6665 / 6650 / 6638.55

RESISTANCE :- 7215 / 7245 / 7300 / 7455 / 7563.50 /  7617 / 7988 / 8057

Nifty gave a robust up move during the week and went much  beyond the expected range of 7100 as anticipated by me(See my last post) because of historic election results which gave a clear cut mandate to the NDA.Nifty saluted the  peoples verdict and made  new high of 7563.50 and closed in the mid range for the weekend on 16.5.14 at 7203, In last 7 trading session it went up from 6638.55 --- 7563.50 i.e by 924.95 points and going up it had left left  a gap in the region of 7020.05-7067.15 so if index fill this gap now (index coming down to the level of 7020 and the starts moving up then the gap will be filled)then it will be very healthy for the index's next up move.Kindly note that since the index had a vertical rise of more than 900 points in 7 trading days therefore the normal down correction looks imminent but it is not necessary that it may start correcting immediately, it may move in a short range for few day and then correct ,during correction it will find very good support  at these level 7101 / 6991 / 6869 and it is not expected to break 6869 level so any decline should be used for buying only.I expect the nifty to move in the range of  7020--- 7455 in the coming week(19-5-14 to 23-5-14). Please use support and resistance levels for entry,exit, and as trailing  stop loss points.DO NOT TRADE WITHOUT STOP LOSS.

REMARKS:-The long term trend is up ,it may correct now or may be later on so adopt buy on dip strategy,it not expected to break 6869 level and stay below this.BUY ON DECLINE.

      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 (14-5-14)

KALYANI STEELS CMP Rs.68.90 on 14.5.2014 (Invest for 6-18 Months))


SUPPORT:-63.50 / 58 / 57

RESISTANCE:-70.80 / 84 / 95.80 / 119.40 / 128 / 140 / 156.

The stock looks reasonably good  fundamentally and technically both . I feel that the stock has bottomed out long time back and now poised for a big rise.Therefore I recommend investment  in the stock at current rate and keep accumulating it in a  staggered manner.For investor the genuine stop loss would be below 57  but be alert if it breaks 63.50 and closes below this, and  get out of the stock if it closes below 57. One can expect 50-75% return in the stock in stipulated time or may be earlier also.


REMARKS:-Invest  at least 30-40% of the  marked fund for the stock at current price and then put in rest of the fund in a phased manner .Kindly use support and resistance level for exit and target points and for trailing stop loss too.

      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