Tips for traders and investors in the Indian Stock Markets on May 30 2014.

As we had predicted in our previous post, a breakout did come taking Nifty below the key support of 7268, signalling a bit of change in the medium term trend. What remains to be seen in today’s session is whether the breaching of 7268 is confirmed, i.e. whether the breakout is confirmed. If Nifty remains below the key support, then the breakout, albeit in negative will be confirmed.

With that in mind, the intra-day traders may go short if the Nifty trades below the 7238 mark with stop loss at 7256 to book profits at 7100 and 7178. However if it trades above the 7268 mark conclusively, then they may go long with stop loss at 7268 to book profit at 7286 and 7316.

Short-term traders may short the market if Nifty slides below 7230 with volumes. Otherwise they may watch whether the support of 7268 is breached conclusively or not. If not then they may start adding long positions with stop loss at 7230.

Mid-term investors may just wait and watch today.

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets on May 29 2014.

The settlement day of May series has finally arrived and we see a breakout coming, which may be in the form of a wild swing, the direction not being clear.

With that in mind, the intra-day traders may go short if the Nifty trades below the 7315 mark with stop loss at 7325 to book profits at 7283 and 7268. However if it trades above the 7332 mark then they may go long with stop loss at 7325 to book profit at 7369 and 7420.

Short-term traders may stay away today and just watch.

Mid-term investors may bid for Bank of Baroda at 847.85.  

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets on May 28 2014.

In spite of the settlement pressure on the benchmark index, the Nifty is not giving up and the bulls are certainly in no mood to back step.

The traders are once more reminded that they may trade in the June series.

The intra-day traders may go long if the nifty trades above the 7335 mark conclusively with stop loss at 7321 to book profit at 7355 and 7380. However, if the nifty trades below the 7301 mark then they may open shorts with stop loss at 7321 to book profits at 7268. Short-term traders may go long if it weakens down to around 7275 with strict stop loss at 7268. They may open short positions if the support of 7268 is breached.

Mid-term investors may bid for Bank of Baroda at 905.55.  

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets on May 27 2014.

The Nifty suddenly gave up all its gains in the last hour dropping by 234 points, before closing flat in the previous session. The settlement blues have set in, otherwise the Nifty is very much bullish.

The intra-day traders may go long if the nifty trades above the 7380 mark conclusively with stop loss at 7370 to book profit at 7400, 7434 and 7485. However, if the nifty trades below the 7365 mark then they may open shorts with stop loss at 7380 to book profits at 7313 and 7250.

Short-term traders may go long if it weakens down to around 7275 with strict stop loss at 7268. They may open short positions if the support of 7268 is breached.

Mid-term investors may bid for Bank of Baroda at 879.60.  

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets on May 26 2014.

We presume that the intraday and short term traders must have exited all their positions as advised by us. 

The Nifty is not giving up and is all set up to rise further but this being the triple witching week as the settlement of the May F&O series is due on May 29, we advice that no further positions need be taken in the current series and the followers of this blog are advised to start taking positions in the June series.

The intra-day traders may go long if the nifty trades above the 7350 mark conclusively with stop loss at 7335 to book profit at 7395. However, if the nifty trades below the 7325 mark then only they may open shorts with stop loss at 7350 to book profits at 7302.

Short-term traders may go long if it weakens.

Mid-term investors may bid for Bank of Baroda at 905.55.  

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets on May 23 2014.

The Nifty remained inconclusive yesterday and chances of sharp and choppy swings can not be ruled out. 

The intra-day traders may go long if the nifty trades above the 7296 mark with stop loss at 7265 to book successive profits at 7308 and 7342. However, if the nifty trades below the 7268 mark then only they may open shorts with stop loss at 7278 to book successive profits at 7249, 7226 and 7198.

Short-term traders may square off all their positions in Nifty.

Mid-term investors may bid for Bank of Baroda at 905.55.  

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for May 22 2014

There are still no signs of the Nifty giving up and another leg up seems imminent in near term albeit with a bit more of consolidation if at all.

The intra-day traders may go long if the nifty trades above the 7262 mark with stop loss at 7245 to book successive profits at 7286 and 7325. However, if the nifty trades below the 7230 mark then only they may open shorts with stop loss at 7245 to book successive profits at 7212 and 7175.

Short-term traders may go long if Nifty weakens down a bit with stop loss at 7180 They may also go long in Bank of India with stop loss at 291.20.

Mid-term investors may bid for Bank of Baroda at 905.55, Ambuja Cement at 210.85 and Tata Motors at 427.45 in small quantities and continue selling the non performers in their portfolio in each rise.  

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for May 21 2014

There seems to be a bit more of headroom for the benchmark index although it may consolidate in the immediate term with a bit of negative bias.

The intra-day traders may go long only if the nifty trades above the 7295 mark with stop loss at 7278 to book successive profits at 7330 and 7348. However, if the nifty trades below the 7250 mark then they may open shorts with stop loss at 7288 to book successive profits at 7230 and 7191.

Short-term traders may square off their longs around 7398 and start taking short positions. They may also go long in Bank of India with stop loss at 291.20.

Mid-term investors may bid for Bank of Baroda at 905.55, Ambuja Cement at 210.85 and Tata Motors at 427.45 in small quantities and continue selling the non performers in their portfolio in every rise.

 

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for May 20 2014.

The benchmark index continues with its bullish rampage showing no signs of crack in the near future.

The intra-day traders may go long if the Nifty trades above the 7275 mark with stop loss at 7245 to book successive profits at 7300 and 7348. However, if the Nifty somehow slips below the 7230 mark then they may open shorts with stop loss at 7250 to book successive profits at 7208 and 7161.

Short-term traders may play on the long side and even add new longs in case of weakness with stop loss at 7190. They may however square off their longs around 7300 levels and bid for Nifty 7400 puts of May 2014 at Rs. 85.10 per lot. They may however, sell the puts as soon as they see profit.

Mid-term investors may bid for Bank of Baroda at 899.55, Ambuja Cement at 210.85 and HCL Tech at 1251.95 in small quantities and continue selling the non performers in their portfolio in every rise.

 

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

INR-USD technical analysis for May 19 2014.

After a sustained period of strength in the USD, the technical indicators suggest that of late it is giving up against the INR, even if for a brief spell. However, the overall bullish structure of the USD is intact as yet.

The INR will stay strong against the USD in today’s trade for as long as it trades below the 58.85 mark in which case it might flare down to as much as 58.21. Even if it does weaken today, the intermediate trends will be bullish for INR till as long as it does not breach the intermediate support of 59.52. However, USD will become bullish only if it trades for more than 59.52 per INR.

Intraday traders may trade accordingly depending on which side of the 58.85 mark it trades i.e. they may go long on INR below and short above this mark with stop loss in either case at 58.92 and 58.78 respectively.

Disclaimer: The writers of this column do not personally hold any position in the currency market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors on the Indian Stock Markets for May 19 2014.

We had noticed a strong undertone on the basis of which we had predicted a breakout in our previous post, which did happen, taking the benchmark index to as high as 7563 before it closed at 7203.

The intra-day traders may go long if the nifty trades above the 7172 mark with stop loss at 7165 to book successive profits at 7300 and 7335. However if the nifty somehow slips below the 7165 mark then they may open shorts with stop loss at 7190 to book successive profits at 7142 and 7125.

Short-term traders too may play on the long side and even add new longs in case of weakness with stop loss at 7165. They may, however, square off their longs around 7298 levels and bid for Nifty 7400 puts of May 2014 at Rs. 163 per lot.

Mid-term investors may bid for Bank of Baroda at 899.55 and 873.90 and HCL Tech at 1312.95 in small quantities and continue selling the non performers in their portfolio in every rise.  

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets on May 16 2014.

The markets behaved very much in expected lines as stated in our previous post with the benchmark index gyrating around the 7108 mark. Even our predicted support of 7082 held and Nifty bounced back from this point.

Our outlook for the market continues to be bullish with a strong undertone detected indicating yet another breakout propelling Nifty towards new highs.

The intra-day traders may go long if the nifty trades above the 7128 mark with stop loss at 7115 to book successive profits at 7152 and 7185. However if the nifty somehow trades below the 7101 mark then they may open shorts with stop loss at 7122 to book successive profits at 7088 and 7055.

Short-term traders too may play on the long side and even add new longs in case of weakness with stop loss at 7045.

Mid-term investors may bid for Bank of Baroda at 866.55 and HCL Tech at 1362.95 and continue selling the non performers in their portfolio in every rise.  

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets on May 15 2014.

There may be a little more upside although the momentum of the bulls will wear out a bit. The trade today depends much on which side of the 7120 mark the Nifty trades with good volumes in the initial hour of trade. However, a gap up or a gap down opening will result in consolidation throughout the day with the benchmark index gyrating towards the previous close which was at 7108.75.

With that in mind the intra-day traders may trade accordingly, i.e. play it long if Nifty trades above 7120 mark with good volumes with stop loss at 7110 to book successive profits at 7137 and 7168. However, if it trades below 7095 then one may short the index with stop loss at 7112 to book successive profits at 7082 and 7055.

The short-term traders may bid for lots of the May series Nifty 7200 Put Option at 197.65 in case if Nifty goes up further. They may also consider going long on Bank of India at 265.05 with strict stop loss at 257 to book profits at 289.35.

Mid-term investors may continue selling the non performers in their portfolio. 

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets on May 14 2014.

The intraday traders may go long if the Nifty trades above 7135 with stop loss at 7114 & book successive profits at 7162 & 7183. They may short Nifty if it trades below 7107 to book profits at 7092, 7077 & 7063 with stop loss at 7120.
Short-term traders may go long if it weakens down to around 7030- 7045 levels with stop loss at 7010. They may short the Nifty if it flares up at around 7225 - 7250 levels.
Mid-term investors may continue selling the non performers in their portfolio.

(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for May 13 2014.

The market continues to be optimistic and has yet again presented an opportunity to the mid term investors to balance their portfolio. It is but a common practice to hold those stocks which fell well below the price at which an investor bought it, in the hope that it will rise in future. A stock which is still languishing down below, especially when the benchmark index is kissing all time highs with consistent regularity, is a non-performer, and in a bullish market one must sell all such stocks even if at a loss and when market takes a breather, they may buy the stocks that we recommend from time to time in this space.
The intraday traders may continue to ride their longs and may even add more long positions with stop loss at 6958. However they may book successive profits at 7063 & 7118.
The short-term traders may too ride their longs and add more in case of weakness, if any.
(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors on the Indian Stock Markets for May 12 2014.

The readers of this blog might have seen in our previous two posts that we had seen the end of weakness and had in both occasions advised the followers to cover their shorts. However the resurgence of bulls with such ferocity was totally unforeseen and unexpected though those following our strategy as advised in previous post might have opened long positions and made a killing.
Intraday and shott term traders may go long in case of weakness at around  6820 & 6800 levels with stop loss at 6790.
Mid term investors may start selling the non performers in their portfolio.
(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for May 9 2014.

The markets remained inconclusive yesterday and the Nifty refused to trade above our predicted mark of 6688 in our previous post Those who played it on the short side in line with our advise might have profited.
6624 continues to be the critical support which, if broken will see further melt down with fresh shorts building up in the system.
Intra-day traders may go long if Nifty trades above 6670 with stop loss at 6660 and book profits at 6680 & 6703. Otherwise, they may play on the short side with stop loss at 6675 and book profits at 6647 & 6636.
Short-term traders may open fresh short positions if nifty breaks the support of 6624 with good volumes. Otherwise they may stay away.
Mid-term investors may consider buying Ambuja cement at 185.20 & Tata Motors at 414.15 in small quantities.
(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for May 8 2014.

The Nifty continues to be weak and is headed towards the support of 6624. What needs to be seen is whether the support holds or is taken out. A breach of 6624 with volumes and on conclusive basis will signify a bear market for some time.
That being said, the intra-day traders may go long if the benchmark index trades above 6688 and book profits at 6698 & 6742 with stop loss at 6670. If Nifty trades below 6670 then they may play on short side to book profits at 6646 & 6624 with stop loss at 6675.
Short-term traders may cover their shorts today if they haven't already.
Mid-term investors may bid Ambuja Cement at 185.20 & Bank of Baroda at 791.20.
(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader.

Tips for traders and investors in the Indian Stock Markets for May 7 2014.

As we had mentioned the Nifty did consolidate with a weak sentiment.
The intra-day traders may go long if the benchmark index trades above 6727 with stop loss at 6720 to book successive profits 6735, 6756 & 6785. However if the Nifty trades below 6708 then they may go short to book profits at 6698, 6682 & 6659 with stop loss at 6715.
Short term investors may cover their shorts at lower levels.
Mid-term investors may consider buying Bank of Baroda at 791.20 & 778.75 in small quantities.

Tips for traders and investors in the Indian Stock Markets for May 6 2014.

The market seems to have entered a temporary consolidation phase with a negative bias.
Intraday traders may go long if the benchmark index trades above the 6710 mark to book successive profits at 6718, 6730 & 6753 with stop loss at 6700. Otherwise they may play on the short side with stop loss at 6718 to book profits at 6683 & 6672.
Short-term investors may short the Nifty at higher levels with stop loss at 6888.
Mid-term players may bid for Bank of Baroda at 781.40 & 778.75 in small quantities.
(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader

Tips for traders and investors in Indian Stock Merkets for May 5 2014.

The markets remained inconclusive in the previous session much in line with our analysis wherein we had pointed out that it will be bullish above 6735 & bearish below 6679. It however hovered in the range 6737 to 6689.
Our outlook for today continues to be on the weaker side with 6624 as the target.
Intraday traders may go long if nifty trades above the 6709 mark with good volumes in the opening hour of trade to book successive profits at 6718, 6735 & 6768 with stop loss at 6705. Otherwise they may play it on the short side to book profits at 6679 & 6660.
Short-term players may short the market at higher levels with stop loss at 6888.
Mid-term investors may bid Bank of Baroda in small quantities at 778.75.
(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader

Tips for traders and investors on Indian Stock Markets for May 2 2014.

We had seen a down slide coming and had pointed it in our previous post. The Nifty did weaken down to 6656.
The sentiment will continue to be subdued in today's session unless the index trades above 6735 with good volumes.
Intra-day traders are advised to go long if Nifty trades above 6735 with stop loss at 6711 to book successive profits at 6765 & 6785. They may short Nifty if it trades below the 6679 mark with stop loss at 6711 to book profits at 6645 & 6625.
Short-term traders may continue to play on short side with stop loss at 6888 to book profits at 6625.
Mid term investors may consider buying Bank of Baroda at 793.15 & 778.25 and Tata Motors at 400.10 in small quantities.
(Feel free to write to us for our free advice regarding the stocks which you already hold in your portfolio. Kindly send the quantity and price at which you bought the non-performers. Much better, subscribe by email. It is free. And, what is more, we do not disclose your IDs or portfolio.)

Disclaimer: The writers of this column do not personally hold any stock or position in the F&O market and do not intend to benefit in any way by publishing this column. The final discretion is that of the reader and we disown any responsibility for any loss incurred by the reader