Category Archives: TECHNICAL VIEWS

Stock followup

Our long Call on Bal pharma, Rel infra, Bank of Baroda, Auropharama performed very well last week. call given on 28 oct, Rally might be continue.But Traders should hedge position very well especially in Auropharma as result ahead.

Most of world indices & Stocks have shown nice rally last week & seems to be continued, Although big credit goes to Bank of Japan for Stimulus package.

* T & C Apply

stock view

My view on stocks.

Crompton long only above 194 sl 187.

Rally may continue in Birla corp.

Dlf  is trading at make or break level, one can long 120 PE & 140 CE on closing price of 3rd nov14 hold for 3-4 days.

Long Relcap SL below 455 (closing) , myview is strong bullish.

Stay long in Rcom with closing sl below 101.

* T & C Apply.

crompton long only above 194 sl 187 stay long in rcom with closing sl below 101 long relcap sl below 455 (closing) view strong bullish dlf @ make or break level long 120pe & 140 ceon closing price of 3rd nov14 hold for 3-4 days birla corp rally may continue

Update of stock views

Update of stock views posted on 25 Aug 2014

Bearish view posted on 25 aug

Nifty:

Closing price on 25 aug 2014 :7906.30

Low made  7723.85 on 17 Oct 2014, but high made before that was 8180

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Relcap:

closing price on 25 aug 2014: 556.05

Low made  434.90 on on 08 Oct 2014

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AxisBank:

Closing price on 25 aug 2014 : 398.75

Low made 370.25  on 26 sep 2014

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USD/INR:

Closing price on 25 aug 2014 :60.58

High made 62.2775 on 01 oct 2014

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* T & C Apply

My view on global indices (fut)

Dax @ make or break level major fall below 8750 bullish only above 9500 weekly closesell on rise

Dow Weekly wait n watch

EURUSDWeekly going agressive long might be risky safely long only above 12990 colsing

Hang seng Weekly sell on rise remove short if close above 23550

Hang seng: strategy: sell on rise, remove short if close above 23550.

Dax : Trading at make or break level, major fall below 8750 (closing), bullish only above 9500 (weekly close), till sell on rise.

Dow :Weekly wait n watch

EURUSD: Going aggressive long might be risky, safely long only above 1.2990 (closing)

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* T & C Apply.

* Charts & trading levels are only for study purpose.

Our Target on Short call has been achieved

Our Target on Short call has been achieved in NIFTY, BANKNIFTY.

We suggested to go short on NIFTY  below 7680  for the target of 7460 , on 8 Jul 2014 (for aggressive traders. ) (The levels for safe traders are different).

In NIFTY our call given 220 Points, means Gross Profit of RS:11000/- in 4-5 Trading Sessions.

We suggested to go short on BANKNIFTY  below 15300  for the target of 14450 , on 8 Jul 2014 (for aggressive traders. ) (The levels for safe traders are different).

In BANKNIFTY our call given 850 Points, means Gross Profit of RS:21250/- in 4-5 Trading Sessions.

The same trend has been followed in midcap & small index, however no-one trade in those indexes.

* All levels are in future contract.

* T & C Apply 

 

I’m Bullish on BANKNIFTY & RELCAP, Bearish on TCS USDINR, EUR/USD

I’m Bullish on BANKNIFTY & RELCAP, Bearish on TCS USDINR, EUR/USD

BANKNIFTY may find support around 15350, expecting 500 min. point upward rally

RELCAP may find support around 620, expecteing target 650 & above if fundamental supports.

In TCS, we may see 2200-2170 levels, due to profit taking & currency appreciation.

USDINR may show previous levels (59-58.60), if Iraq problem solved soon.

Still, I’m bearish in EUR/USD, but one should hedge the position to avoid unexpected movement against him.  FOMC Press Conference ahead.

* Due to bad global fundamental new flows, market may see sudden crash/rise movement, so one should hedge the position, avoid naked trading .

* T & A Apply.

 

 

Positions: Pre Election Result

I have created some aggressive position before big event of Election Result, which will be declared on 16th may 2014.Taking position before event is quite risky & should be followed only on paper trade.

  • BANKNIFTY 15500 CE @ 145 & BANKNIFTY 13000PE @ 190
  • NIFTY 7500CE @ 77 & NIFTY 6800PE @ 106 
  • TCS 2250CE @ 44 & TCS 2150PE @ 31.00
  • HDFC 1000 CE 6.50 & HDFC 800 PE @ 5.00
  • RELCAP 300PE @ 1.70 & RELIANCE 1200CE @ 6.00
  • USD/INR 60.00CE @ 0.62 & 60.00PE 0.62

* Terms & Conditions Apply.

* Free Calls are posted only for paper trade (virtual / demo trading) & one should not use it for real trading.

WE WILL NOT BE RESPONSIBLE FOR ANY KIND OF LOSS IF ANYBODY USE ANY TRADING CALL/POST/POSITION FOR ACTUAL TRADING.