Saturday, 24 May 2014

Trading Tips (For 26-5-14,4-Buy Calls & 5 Sell Calls)



1. ADANI PORT & SEZ– CMP- Rs. 227.70 On 23-05-2014

Buy above 229 with a stop loss of 226 for a target of 240

Remarks: Buy call for the day 26-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.

2. AMBUJA CEMENTS– CMP – Rs. 213.20On 23-05-2014

Sell below – 210.70 with a stop loss of 214 for a target of 198

Remarks: Sell call for the day 26-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.

3.APPOLO HOSPITAL– CMP – Rs. 913.95 On 23-05-2014

Sell below – 901 with a stop loss of 915 for a target of 860

Remarks: Sell call for the day 26-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.

4.COAL INDIA– CMP – Rs.397.90 On 23-05-2014

Sell below –400 with a stop loss of 405 for a target of 375

Remarks: Sell call for the day 26-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.

5. DABUR (I) – CMP – Rs. 183.15 On 23-05-2014

Sell below – 182.70 with a stop loss of 184 for a target of 177

Remarks: Sell call for the day 26-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.


6. Dr.REDDYS LAB– CMP- Rs. 2308.70 On 23-05-2014

Buy above 2328 with a stop loss of 2316 for a target of 2400

Remarks: Buy call for the day 26-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.



6. Dr.REDDYS LAB– CMP- Rs. 2308.70 On 23-05-2014

Buy above 2328 with a stop loss of 2316 for a target of 2400

Remarks: Buy call for the day 26-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.


7. H C L TECH– CMP- Rs. 1341.05 On 23-05-2014

Buy above 1351.85 with a stop loss of 1340 for a target of 1385

Remarks: Buy call for the day 26-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.


8.MAHINDRA & MAHINDRA LTD– CMP- Rs. 1159.30 On 23-05-2014

Buy above 1165.90 with a stop loss of 1158 for a target of 1190

Remarks: Buy call for the day 26-05-2014. Please make your cost as stop-loss in favorable trade for capital protection.


9. INDUSIND BANK– CMP – Rs. 560.85 On 23-05-2014

Sell below – 560 with a stop loss of 565 for a target of 546

Remarks: Sell call for the day 26-05-2014. 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






CNX Bank Index--Update(for Week starting from-26-5-14)

CNX BANK INDEX CLOSED AT  15285.50 ON 23-5-14

Range for the week ended on 23-5-14 was:-15362.55 -14857.50


SUPPORT:-   15080 / 14857.50 / 14468 / 14301 / 14240 / 14063 .

RESISTANCE :- 15363 / 15742.05 / 15920 / 16550 / 16569 / 16750


Index consolidated  during the week and moved in the range of 505 points  and gave down correction also on closing basis and made a closing bottom of 14952.10 on 21.5.14,so as of now it is a strong support for it,if it closes below this mark then it will indicate further down correction and finally if it breaks 14857.50 and stay below this then deeper correction will set in and that might take index down to 14300 level.Since the index closed the weekend near the higher range it is expected that week starting from 26-5-14 will give reasonably good  up move and the expected range for the week could  be 14950--15900.Needles to mention that it is a buy on dip market and your stop loss for the long trade should be below 14952 on closing basis and below 14857 on intra day basis.Volatility could be there so trade cautiously and DO NOT TRADE WITHOUT STOP LOSS.


REMARKS:-Long term trend is up,therefore buy on dip strategy is advised.Kindly smartly use support and resistance levels as entry,exit and target points.

Please also note that make your cost your stop loss in favorable trade to avoid loss and then trail it as the price moves up to gain maximum profit .




      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-26-5-14)

NIFTY CLOSED AT  7367.10 ON 23-5-14

Range for the week ended on 23-5-14 was:-7381 -7193.55


SUPPORT:-7296 / 7245 / 7026 / 7130 / 7067.15 / 7020.05 / 6991 / 6869  / 6740 / 6665 / 6650 / 6638.55

RESISTANCE :- 7387 / 7428 / 7477/ 7563.50 /  7617 / 7788 / 7988 / 8057


Nifty consolidated  during the week and moved in short range of 187 points and gave down correction also on closing basis and made a closing bottom of 7252.90 on 21.5.14,so as of now it is a strong support for it,if it closes below this mark then it will indicate further down correction and finally if it breaks 7206 and stay below this then deeper correction will set in and that might take index down to 7000 level.Since the nifty closed the weekend near the higher range it is expected that week starting from 26-5-14 will give reasonably good  up move and the expected range for the week could  be 7250--7550.Needles to mention that it is a buy on dip market and your stop loss for the long trade should be below 7250 on closing basis and below 7206 on intra day basis.Volatility could be there so trade cautiously and DO NOT TRADE WITHOUT STOP LOSS.


REMARKS:-Long term trend is up,therefore buy on dip strategy is advised.Kindly smartly use support and resistance levels as entry,exit and target points.

Please also note that make your cost your stop loss in favorable trade to avoid loss and then trail it as the price moves up to gain maximum profit .






      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





Friday, 23 May 2014

Short Term Investment(23-5-14)

SUVEN LIFE SCIENCE CMP RS.93.90  ON 22-5-14


The company has posted good financial results and expected to grow reasonably well,it had made all time high of 100.70 today itself and still  have the potential to move up ,I suggest that one can buy at current market rate and on dips with a stop loss of  below Rs.83 ,if it closes below 83 then get out of the stock.The upside potential of the stock could be  103 / 113 / 132 / 153 as of now and it will be reviewed  from time to time.Kindly note that make your cost your stop loss in favorable trade and then trail it as the price of the stock moves up to gain maximum profit.


REMARKS:- Stock looks promising,one can take chance in long trade.




      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