Tuesday, November 12, 2013
Nifty closing above 6114 in this weekend only, will indicate any fresh long positions in Nifty for Target of 6300-6350 in this month itself !!!
Other trading opportunities are as follows.
DLF Target 160-180 SL 140
TATAPOWER Target 85-90 SL 750
CIPLA 440-450 SL 414
Also this seems to be the time to accumulate RIL, SBIN, NTPC, ONGC
Risky traders may check for KFI, Suzlon !!
Monday, June 1, 2009
Can Nifty close above 4650?
Tomorrow seems to be a day to short sell Nifty around 4650 level for T-4500-4300 in few days’ time!
Nifty shorts may not be squared until RIL CLOSES above 2320.
Once the big brother RIL starts closing above 2320, better exit Nifty Shorts (because RIL may then test 2500 level) and short again once RIL starts weakening from higher level.
This is only for educational purpose,
this is NOT for trading
Think Tank
- Do Paper Trading before you start trading with your hard earned money.
- Instead of Targeting profit, emphasize more on minimizing trade loss
-----------------------------------------------------------
Wednesday, May 20, 2009
Now Nifty levels to be watched are 4325 and 4240 any side breakout may lead another 100-200 points in the same direction.
Tomorrow Nifty testing 4175 will be first indication of next targets of 4016 3776. There may be hurdle around sentimental mark of 4000.
The stocks mentioned in the morning to watch out for correction were:
RIL, DLF, SBI, RELCAP, RELPOWER
The results were as follow:
RIL – corrected more than 4% and closed more than minus 3.5%
DLF - corrected more than 9% and closed more than minus 7.5%
SBI - corrected more than 1.5% and closed more than plus 1.0% (on expectation of good news for banking sector)
RELCAP - corrected more than 7.5% and closed more than minus 7%
RELPOWER - corrected more than 3% and closed more than plus 6% (on expectation of good news from Reliance group)
This is only for educational purpose,
this is NOT for trading
- Do Paper Trading before you start trading with your hard earned money.
- Instead of Targeting profit, emphasize more on minimizing trade loss
.
Nifty Bulls enjoyed an extra mile in last 2 days NOW what?
Stocks to watch out correction RIL, DLF, SBI, RELCAP, RELPOWER
.
Wednesday, April 22, 2009
Nifty Target. Support and Resistance
RIL levels 1730 and 1680 are to be watched for further new long/short positions.
DLF levels 245 and 235 are to be watched for further new long/short positions.
Tuesday, April 14, 2009
Is Nifty going to correct now?
Until DJI breaks 7850 on downside, its seems in short term up trend and similary until breaks 3310-3240 on downside, it seems in short term up trend.
Also RIL seems in short term up trend until it breaks 1680 on downside.
Monday, April 13, 2009
Nifty Target. Support and Resistance
Neither bulls nor bears seems to be ready to give up their current position. Now the question is who win win?
RIL DLF RCOM are trading such levels that anytime major profit booking can take place.
Monday, April 6, 2009
Where will Nifty go NOW?
11:55 AM - Buy Reliance Power on dips at Rs 90, says Rajesh Tambe of Sunchan Securities on Zee Business.
BOOK PROFIT TODAY BECAUSE IT WILL COME DOWN NOW
12:18 PM
BOOK PROFIT TODAY BECAUSE IT WILL COME DOWN NOW
2:16 PM
DO NOT BUY FRESH NIFTY LONG AND EXIT LONG AT 3170
BECAUSE RIL HAS HIT SL(BUY) TODAY SO BOOK PROFIT IN RIL AND SHORT SELL BELOW 1650
2:42PM
EXIT SBI LONG POSITIONS
3:17 PM
HOLD SHORT/FRESH-SHORT NIFTY BELOW 3150
EXIT NIFTY LONG POSITIONS BELOW 3170
EXIT NIFTY LONG BELOW 3220
EXIT NIFTY LONG BELOW 3215
The conclusion seems to be Hold Nifty shorts created today with SL@3275 and add more shorts below 3170
this is NOT a trading idea for intraday or delivery
with your hard earned money
Nifty Target. Resistance, Support
Now the question is whether Nifty@3320-3350 and Reliance Industries @1720-1750 will create profit booking and buying on dips or profit booking and also short selling?
Nifty seems to have good support around 3040 as of now.
Wednesday, April 1, 2009
April Fool Day
Today market opened weak and hit SL@1500 of yesterday's RIL Buy call and then later in day it had hit SL@1580 of RIL sell call@1545 !!
RIL have been dragging market upside
Hangseng Closed negative, DowJones Future was trading negative also FTSE traded negative.
Nifty Target. Support and Resistance
Is it waiting Big Bro RIL to break 1500 on lower side, with a good volume?
After that will RIL test 1468-1439?
this is NOT a trading idea for intraday or delivery
Tuesday, March 31, 2009
Nifty Target. Support and Resistance
Nifty Resistance :3045-3069
Nifty Support : 2997-2973
Nifty levels 3045 & 2973 may create a good trading volume !
What market / Nifty did today on Marc 31, 2009?
- In the morning it gave chance to book profit in Fri / Mon Nifty shorts and then gave a chance to buy it and book profit later in the day
- It has hit SL@3040 of Intraday Nifty shorts and then hit SL@3010 of Intraday Nifty Longs.
- The day closing seems to be in favour of Nifty Shorts as it closed below 3040 comfortably and below Nifty Apr Fut average trade value!
Answers of following Questions may decide next course of action :
- Why the Big Bro RIL & Nifty fell drastically just before 3pm today? Although global indicators positive? (RIL & Nifty both gave up about 30 points in last hour)
- Why there was panic selling as soon as Nifty came to 3040 (RIL@1540) from upside?
- Why HangSeng also could not hold today's gains as shown in the morning?
- Can this rally continue if DowJones do not close above 7650 tonight?
Let us check what Market Experts have told today :
- 9:37 AM - Nifty will see resistance at 3040, says Salil Sharma of Kapoor & Sharma Company on CNBC Awaaz.
- 9:45 AM - Nifty might reach 3100 easily but we are unlikely to see resumption of last week's uptrend, says Sudarshan Sukhani, technical analyst, on CNBC TV18.
- 9:51 AM - Key level of the Nifty for intra-day today would be 3020 and 3025, says Rahul Mohindar, technical analyst, on CNBC TV18.
- 10:11 AM - Sell IFCI with target of Rs 17.75, says Anil Singhvi, market expert, on CNBC Awaaz.
- 10:25 AM - Nifty will range between 2950-3100, says Ashwani Gujral, technical analyst, on CNBC Awaaz. He advises traders to buy at 2950-2970 and sell at 3100 levels.
- 10:45 AM - Buy Tanla Solutions with target of Rs 40, says Anil Singhvi, market expert, on CNBC Awaaz. Keep stop loss of Rs 28.50, he adds.
- 11:20 AM - The market should see a recovery either by day-end or tomorrow led by banking, RIL and Infosys, says Deven Choksey of KR Choksey Securities on CNBC TV18. The Nifty is likely to remain ranged between 2760-3150, he adds.
- 11:28 AM - Buy DLF on dips at around Rs 135-140, says Ambareesh Baliga of Karvy Stock Broking on CNBC TV18.
- 12:54 PM - Buy Reliance on decline with short-term target of Rs 1570 and medium-term target of Rs 1620, says E Mathew, technical analyst, on CNBC TV18. It has support at Rs 1490-1475, he adds.
- 1:23 PM - Buy Dish TV after it crosses Rs 28-29 for the long term for more momentum, says MB Singh, technical analyst, on Zee Business.
- 2:42 PM - Buy RIL with a target of Rs 1605 and stop loss of Rs 1500, says Hemen Kapadia, technical analyst, on CNBC Awaaz.
- 3:17 PM - Go short on Nifty with a target of 2850 and stop loss of 3100, says Ashwani Gujral, technical analyst, on CNBC Awaaz, as closing market strategy.
- 3:17 PM - Maintain Nifty long with a target of 3097 and stop loss below 2975, says Rahul Mohindar, technical analyst, on CNBC Awaaz, as closing market strategy.
- 3:23 PM - Sell Sterlite Industries with a target of 330 and stop loss of 360, says Prakash Gaba, technical analyst, on CNBC Awaaz, as closing market strategy.
this is NOT a trading idea for intraday or delivery
Friday, March 27, 2009
Nifty / Market Technical Analysis (Few Examples)
- Mar 20, 2009.....9:45 AM - Nifty has resistance at 2800 and 2700 may not hold, says Siddharth Bhamre, technical analyst, on CNBC TV18. It is best to stay with large cap stocks and stay out of midcaps, he adds.
- Mar 24,2009.....3:15 PM - Buy Nifty put 2950 and hold till expiry, says Sudarshan Sukhani, technical analyst, on CNBC TV18, as closing market strategy.
- Mar 24, 2009.....2:11 PM - Sell RIL at current levels and book profits, says Prasad Kushe, technical analyst, on CNBC Awaaz. The stock could see a sharp correction in a month and go to levels of Rs 1100 where it can be bought for the long term, he adds.
And What Experts Says Now on Mar 27, 2009:
- 9:34 AM - The Nifty did not witness strong rollovers due to lack of short rollovers, says VK Sharma of Anagram Stock Broking on CNBC TV18. He expects midcap F&O stocks to see some action. He advises trading with strict stop loss or writing higher out-of-the-money calls for protection.
- 9:39 AM - Nifty will be trading in the range of 2880-3150, says Sudhanshu Pandey, technical analyst, on CNBC Awaaz. On dips, support will be 2970 and 2880, he adds. He sees next resistance for Nifty at 3150-3200.
- 9:46 AM - There will be buying opportunity on dips in the morning and post-lunch sessions, says Sudarshan Sukhani, technical analyst, on CNBC TV18. Buy with a stop loss for 20-25 point gains, he adds.
- 9:51 AM - The Nifty is expected to head towards the 4000 mark in the medium term though it won't be a straight dash towards it, says Sandeep Shah of Sampriti Capital on CNBC TV18. He believes that the fundamentals are similar to those 2004 levels. He advises taking a long-term view. He is sure that 2500 on the Nifty and 8000 on the Sensex will hold.
- 10:45 AM - Short-term traders buy Tata Steel with target of Rs 250-260, says Sudhanshu Pandey, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 180, he adds.
- 11:32 AM - Hold IVRCL Infra with medium-term target of Rs 172, says E Mathew, technical analyst, on CNBC TV18. Keep stop loss of Rs 121-125, he adds.
- 12:12 PM - Go short on NTPC with target of Rs 165, says Mitesh Thacker, technical analyst, on CNBC TV18. Keep stop loss of Rs 188, he adds.
- 12:19 PM - Will wait on investments into India till the elections are over, says Samir Arora of Helios Capital on NDTV Profit. He expects consolidation in the current bear market rally but says it is difficult to assess medium-term direction of the markets. Political overhang in India is a cause for concern and uncertainty of election outcome increases the risks, he adds.
- 12:33 PM - Invest in staggered fashion in L&T, RIL, Reliance Infrastructure and ICICI Bank with long-term view, says Phani Sekhar of Angel Broking on CNBC Awaaz.
- 12:47 PM - The global markets are close to a bottom and so one should not buy in such a rally, says Andrew Holland of Ambit Capital on CNBC TV18. The risks on the downside continue and the markets may retest lows, he adds. Though optimistic about a sharp pull-back, he is still bullish in the long run. On investment in India, he says that India will remain off investors' radar for most of 2009 due to elections.
- 12:53 PM - Hold Bajaj Auto and sell when it reaches Rs 640, says Ashu Bagri, technical analyst, on NDTV Profit. It has support at Rs 550, he adds.
- 1:15 PM - Sensex is likely to go to 12500 but the current rally does not indicate this is the beginning of a bull market, says Shankar Sharma of First Global, on CNBC TV18. The market lows mat not be in place as there is still a lot of problems ahead in the global market, he feels. The second half of 2009 will be crucial, he says.
- 1:44 PM - Buy RIL with a target of Rs 1650 and stop loss of Rs 1420, says Nitin Murarka of SMC Global, on Zee Business.
- 1:52 PM - Buy RIL in a correction around Rs 1450-1480 with a target of Rs 1700 in 2-3 weeks, says Salil Sharma of Kapoor & Sharma Company, on NDTV Profit.
- 3:14 PM - Hold Nifty futures with a target of 3145 and stop loss of 3070, says Vijay Bhambwani, technical analyst, on CNBC Awaaz, as closing market strategy.
- 3:16 PM - Book profits in Nifty long positions, says Ashwani Gujral, technical analyst, on CNBC-TV18, as closing market strategy.
- 3:21 PM - Book partial profits in Nifty long positions, says Anil Maghnani, technical analyst, on CNBC-TV18, as closing market strategy. Hold the rest with Nifty target of 3150-3175 and stop loss of 3050, he adds.
- 3:28 PM - Nifty has consolidated around 2800-2900 and now shown a breakout at 2830, says E Mathew, technical analyst, on CNBC TV18. This time if Nifty goes past 3150 on close, it will be a mouth-watering bear market rally that can take Nifty to 3700-3800, he adds.
- 4:15 PM - The best picks in the power space are BHEL at Rs 1350 and NTPC at Rs 165 for good long-term stories, says Shrikant Chouhan of Kotak Securities, on CNBC Awaaz.
- 4:25 PM - The market is showing strength and the rally could go to 3500-3600 on Nifty, says Ashwani Gujral, technical analyst, on CNBC Awaaz. Nifty has good support at 2860-2900 which would also be a good opportunity to buy, he adds.
Also some more on Today :
- See mkt rally over 3250 till July: Reliance Equities (04:23 PM | 27 March) Jai Bala of Reliance Equities International said as long as the retracement doesn’t exceed 2,800, it is still a bullish scenario.
- Mkt may retest lows, don't buy now: Andrew Holland (11:20 AM | 27 March) Andrew Holland, CEO—Institutional Equities and Equity Proprietary Trading, Ambit Capital feels that the global markets are close to a bottom
- Mkt rally to take breather; don't enter now: Shankar Sharma (10:43 AM | 27 March) Talking about the current pullback rally seen in the markets, Shankar Sharma of First Global said it fits the bill of a bear market rally.
- Buy Tata Tea, target of Rs 853: Sharekhan (03:15 PM | 27 March) Sharekhan has maintained its buy rating on Tata Tea with a price target of Rs 853.
- Buy Sun Pharmaceutical, target of Rs 1295: Sharekhan (03:00 PM | 27 March) Sharekhan has maintained its buy rating on Sun Pharmaceutical Industries with a price target of Rs 1,295.
- Reliance Industries has target of Rs 1700: H Jani (02:11 PM | 27 March) Hemang Jani, Senior Vice President of Sharekhan is of the view that Reliance Industries has target of Rs 1700.
- HDFC has target of Rs 1837: P Kushe (12:55 PM | 27 March) Prasad Kushe of Equitytrendz.com is of the view that HDFC has a target of around Rs 1,724 and Rs 1,837
ALL WELL SAID AND DONE. WHAT I WILL PREFER.....
I WOULD HOLD STOCKS AND LET THEM MOVE UP HOW MUCH THEY WANT AND COULD SELL STOCKS ON THE DAY NIFTY "CLOSES" FIRST TIME IN NEGATIVE, I WOULD PREFER IF THE BIG BRO "RIL" ALSO CLOSES NEGATIVE THAT DAY!
BEARS SEEMS COMPLETELY TRAPPED AT THE MOVEMENT, NOW LET US SEE WHETHER THEY GET A CHANCE TO EXIT AROUND FIRST AT 2940 AND LATER AROUND 2880.
THE FUN IS....
IN CASE NIFTY CLOSES BELOW 2820 ANYTIME MANY ANALYSTS MAY START TELLING THAT NIFTY "HAS" TO RETEST OCT LOWS TO SEE ANY UPWARD MOVEMENT !!!
TRADERS AND GOD FORGIVE ME... IN CASE NIFTY CLOSES BELOW 2500 ANYTIME ALL COULD BE TELLING THAT TIME NIFTY MAY TEST 1800 (WITH SENSEX AROUND 5000) !!!
THE QUESTION REMAINS SAME, WHAT TO DO?.....
I DON'T SAY TECHNICAL ANALYSTS ARE WRONG, LIFE IS LIKE THAT "UGATE SURAJ KO SAB NAMASKAR KARTE HEIN, DOOBTE SURAJ KO NAHIN"..... SO WHEN THEY SAY NIFTY IS LOOKING STRONG AND IT MAY TEST 3000-3100-3200 BETTER DO NOT CREATE FRESH SHORTS (IF YOU WANT YOU MAY HOLD EXISTING SHORTS). BUT IN CASE YOU HAVE GOOD PROFIT WHY NOT TO BOOK ATLEAST PARTIAL PROFIT !!!
IT MAY BE GOOD IDEA TO BOOK PROFITS PARTIALLY AT TIMES IRRESPECTIVE OF WHAT MARKET OR ANYONE IS SAYING!!!
Friday, March 20, 2009
20 Mar 2009 : What Experts Say
- 4:17 PM - Buy Reliance Power with 7-day targets of Rs 113 and 123, says Prasad Kushe, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 96.50, he adds.
- 3:27 PM - Buy India Cement with targets of Rs 113 and 127, says Prasad Kushe, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 90, he adds.
- 2:20 PM - Buy ONGC with target of Rs 950-1000, says Sharad Awasthi, market expert, on CNBC Awaaz.
- 1:33 PM - Hold Reliance Industries with a target of Rs 1420 after which it can go to Rs 1670, says Akshita Deshmukh, technical analyst, on CNBC Awaaz.
- 11:50 AM - Hold Reliance Capital with a target of Rs 475 where one can book profits, says Akshita Deshmukh, technical analyst, on CNBC Awaaz.
Also following are more recommendations by more Experts :
- Accumulate Hero Honda, target to Rs 1055: Emkay 04:22 PM
- Buy Dr Reddys Labs, target of Rs 581: Angel Broking03:08 PM
- Buy Navneet Publications, target of Rs 59: Sharekhan 01:23 PM
Wednesday, March 18, 2009
Trading Above 26/50/100/200 EMA
- NIFTY - trading above 26EMA and tested 50EMA
- RIL - trading above 50EMA and tested 100EMA today
- DLF - trading above 26EMA and missed to test 50EMA today by 0.65
- INFOSYS - trading closed above 100EMA
- MARUTI - trading consistently above 200EMA
- M&M - trading closed above 100EMA
Monday, March 16, 2009
16 Mar 2009 What Experts says
3:55 PM - Buy SBI with a target of Rs 1000-1050 for the short term, says Alex Mathew of Geojit Financials, on CNBC Awaaz.
3:45 PM - Buy Mahindra & Mahindra with a target of Rs 400 and stop loss of Rs 340, says Anuj Dixit of Gupta Equities, on CNBC Awaaz
2:56 PM - Sell Reliance Communications on any rally with a target of Rs 185, says Prasad Kushe, technical analyst, on CNBC Awaaz. If market weakens, the stock will be available around Rs 100, he feels.
2:15 PM - Gradually accumulate RIL and Reliance Communications in frontline stocks and in the auto space Mahindra & Mahindra and Maruti Suzuki for the long term (2-3 years) for excellent gains, says MB Singh, technical analyst, on Zee Business.
1:54 PM - HSBC maintains a buy call on RIL with a target of Rs 1640, reports CNBC Awaaz.
1:27 PM - SMC Global maintains a buy call on Tata Motors with a target of Rs 230 and stop loss of Rs 135.50, reports CNBC Awaaz.
12:40 PM - Buy Reliance Capital with target of Rs 355, says Ashwani Gujral, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 290, he adds.
12:27 PM - Hold Glenmark Pharma with target of Rs 161, says Hitendra Vasudev, technical analyst, on CNBC Awaaz. Keep stop loss of Rs 105, he adds.
Wednesday, August 20, 2008
20 Aug : What Experts Say
Buy Ashok Leyland, target of Rs 38.5: KRChoksey
Buy Balaji Telefilms, target of Rs 268: Sharekhan
Still see one leg of downside on Nifty: K&A Secs
Inflation will breach 13% mark: India Capital Markets
.
Tuesday, August 19, 2008
Nifty may test 4350-4330-4300 Levels
The panic selling may be there in mkt when RIL starts trading below 2180
DLF may test 474 level
Sunday, August 17, 2008
Nifty 4460-4360 Range
Tomorrow Nifty may trade between 4460-4360. Either side break out may create good momentum.
Tomorrow RIL may trade between 2310-2240. Either side breakout may create good momentum.
In case DLF breaks down below 474 it may test 424. Its upside break out may be above 516.
In case RPL does not get good support around 160, it may test 145 soon.
In case RNRL, IFCI, RCOM do not trade in positive range tomorrow they may give up 8-15%
.
Saturday, August 16, 2008
Indian Stock Market
14 Aug 2008.....4:11 PM - Cairn India has formed a good base around Rs 210-215, it has a target price of Rs 350-375 in 12-24 months, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock is currently trading at Rs 245, up 1.89% on the BSE
14 Aug 2008.....3:20 PM - The downtrend has resumed and Nifty may test 4200, says Rajat Bose, technical analyst, on CNBC-TV18. Excel Crop Care is a good opportunity for the long term, he adds.
14 Aug 2008.....3:15 PM - The market may be subdued today ahead of the long weekend (market closed tomorrow on account of Indian Independence Day), says Ambareesh Baliga of Karvy Stock Broking on CNBC-TV18. The market is likely to rally next week, once 4600-4650 is crossed Nifty could go to 4800 by this month end, he adds.
14 Aug 2008....10:19 AM - DLF can be a good short now, says Ashwani Gujral, technical analyst, on CNBC-TV18. Level like Rs 475 is possible here now, he adds. It is currently trading at Rs 524.95, down 4.3% on the BSE.
14 Aug 2008.....1:36 PM - RPL looks weak in the short and medium term, but for the long term it has support at Rs 145 and resistance at Rs 170-175, says Nitesh Shah, technical analyst, on Zee Business. The stock is currently trading at Rs 162, down 0.43% on the BSE.
14 Aug 2008.....10:51 AM - Infosys seems to be close to its intermediate bottom now and one can look at buying the stock at Rs 1,550 or so, says Ambareesh Baliga of karvy Stock Broking, on CNBC-TV18. It can go up to Rs 1,850 in the next 2-3 weeks' time, he adds. The stock is currently trading at Rs 1,665.95, up 2.5% on the BSE
13 Aug 2008.....3:57 PM - KS Oils has a target price of Rs 105 if it can cross the resistance of Rs 75 with good volumes, says Amarjeet Singh, technical analyst, on CNBC Awaaz. Maintain a stop loss of Rs 49.50, he adds. The stock is currently trading at Rs 65, up 9.93% on the BSE
12 Aug 2008....3:57 PM - ICSA India has a price target of Rs 450 in 12 months, says Ashish Maheshwari, technical analyst, on CNBC TV18. The company has an order book of Rs 900 crore to be executed over 12 months, he adds. The stock is currently trading at Rs 348, down 2.28% on the BSE
12 Aug 2008.....11:38 AM- In the next market fall, one can look at buying L&T close to Rs 2,100 and BHEL, close to Rs 1,350, says Sanjeev Agarwal, technical analyst, on Zee Business
11 Aug 2008.....2:31 PM - Reliance Industries continues to be a buy for long-term investors and if one has a 24 month-horizon, one can see the stock go to Rs 5000, says Rajesh Tambe of Sunchan Securities, on Zee Business. The stock is currently trading at Rs 2316, up 2.91% on the BSE.
11 Aug 2008.....1:18 PM - Dish TV has a target price of Rs 100-125 in 12-18 months, says Rajesh Tambe of Sunchan Securities, on Zee Business. The stock is currently trading at Rs 37, down 0.66% on the BSE.
Also these links may be interesting !!!
http://www.moneycontrol.com/india/news/brokerage-trecos/cairn-india-can-test-rs-265-270-gujral/18/16/352017
http://www.moneycontrol.com/india/news/technicals/mkt-may-correct-o-4200-4250-levels-ashwani-gujral/18/16/351896
http://www.moneycontrol.com/india/news/technicals/if-4500-breaks-next-move-will-be-down-sudarshan-sukhani/18/16/351724
http://www.moneycontrol.com/india/news/udayans-comments/global-cuescrude-prices-hold-key-to-mkt-moves/18/01/352080
