Trading tips for December 31 2015

Very much in expected lines, the volatility set in towards the closing hour of market and as we had posted in our earlier post, this is a sell in rise market. We expect the Nifty to slip further south though.

The intra-day traders may go short in nifty with stop loss at 7915 to book profit at 7814. However, they may go long only if the Nifty holds above 7923 in which case they may book profit at 7946 or 7965 as the case may be. At most the intra-day traders may expect 7985 but in no case carry positions above it as it being the settlement day, the index may turn dicey. 

The short-term traders may add long positions in January series with stop loss at 7814.

The mid-term investors may continue selling HDFC Bank at 1089.35, LIC housing at 521.10, Goldman Sachs nifty ETF at 806.26 and ZEE at 448.10- all of these in small lots.

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.

Trading tips for December 30 2015

With settlement on Thursday, chances of increased volatility cannot be ruled out in the ensuing session on Wednesday.

If the nifty trades above 7935 then the intra-day traders may go long to book profit at 7980. Otherwise if it trades below 7920, they may short nifty to cover it at 7905 or 7885 as the case may be.

The short-term traders may ride longs raising their stop loss to 7813.

Mid-term investors may sell 10% of their holdngs in each of HDFC Bank at 1089.95, LIC Housing at 526.25, Goldman Sachs Nifty ETF at 806 and ZEE at 424.55.

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.

Trading tips for December 29 2015

The Nifty behaved pretty much in expected lines and but for the settlement week, if it trades above 7929, then another bull run is very much in the cards with resistance at 8036.

The intraday traders may go long with stop loss at 7900 to book profits at 7949. Otherwise they may short Nifty to cover at 7880.

The short term traders may go long in January series with stop loss at 7800.

Mid term investors may continue selling the key stocks at the prices we had given in our weekly post.

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.

Weekly post on trading tips for December 28 2015 to January 1 2016

 The market did exhibit a bout of bullish activity in the previous week as we had stated in our previous post. However, the benchmark index must remain above 7870 for the market to continue in its upward march with the next resistance at 8035. On the other hand if the Nifty slips below 7792 then it will give up all its recent gains with the immediate support at 7680. The market can be expected pretty much to be dicey on account of the expiry of F&O series of December on 31 December and might become volatile.

The intra-day traders may remain nimble footed through out the week. If the Nifty trades above 7860, then they may go long to book profit at 7880. Otherwise they may play on the short side to book profit at 7835.

The short-term investors may exit all their long positions on Monday and in case of weakness they may go long in January series with stop loss at 7780.

The mid-term investors may sell their positions as this is a sell on every rise market. They may consider selling Zee at 420.85 and buying Zee at 391.50. They may also consider selling part of their holdings in HDFC Bank at 1085.6, LIC Housing at 497.85 and Lupin at 1914.45.

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.

Weekly post on trading tips for December 21 2015 to December 24 2015

The Nifty must stick it's head above the 7815 mark for the bulls to remain firm and continue it's strength up north like it did for most of the previous week. On the other hand if the benchmark index slips below 7665, then the Nifty will remain weak and and head towards the rock support of 7586.

The intra-day and weekly traders may trade accordingly keeping in mind that that this is a truncated week of four sessions on account of holiday on December 25 2015.

However, the market is expected to show a fresh bout of bullish activity on the opening bell on Monday 28 2015.

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.

Weekly post on trading tips for December 14 2015 to December 18 2015

The only hope for bulls is in that the Nifty did somehow manage to close above the critical support 7586, although the technical parameters of the market have turned to worse from bad for them. But for the closing above 7600, it was almost all set for carnage. However, it is in deep dumps as of now and bears are in full command and it may be kept in mind that it was only short covering that prevented the weekly close below the support of 7586.

If the support of 7586 is broken on closing basis then the Nifty is headed to wards 7458 and then finally towards 7150.

On the other hand if the nifty manages to stay above 7586 on closing basis and trades above 7730, then only bulls will return and that too half halfheartedly.

The intra-day traders may go long if the Nifty trades above 7590 and book profit at 7630 or 7661 as the case may be. Otherwise they may play it on the short side to book profit at 7579.

The short-term traders may continue shorting Nifty with stop loss at 7730 and book partial profits at 7579 and at 7556.

For the mid-term investors the market is in a sell in every rise kind of pattern and so they may consider selling HDFC Bank at 1094.65, LIC Housing at 483.25, Lupin at 1914.05, Nifty ETF at 818.25 and Zee at 415.40. 

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.

Trading Call for December 8 2015

It seems that the market is not giving in to the supply and bulls are operative. 
The intra-day traders may go long if the Nifty trades above 7780 to partially book profit at 7795 and then at 7810. However, if the Nifty trades below 7755, they may go short to book profit at 7720.
The mid-term traders may consider adding Goldman Sachs ETF at 781.05 and 761.11, Lupin at 1725.65, LICHSG FIN at 438.85 and HDFC Bank at 1027.05.
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.

Weekly post on trading tips for December 7 2015 to December 11 2015

The market seems to be in no hurry to head up northwards as profit booking comes rather too soon implying that the market is in consolidation phase if not weak. The support for the benchmark index is at 7586 and the resistance is at 7900. Any slippage below 7586 will bring in supply thereby bringing about the bears action. On the other hand if the Nifty conquers the resistance of 7900 then the bulls will take charge. Un till then the market will remain in a consolidating phase ith range bound trading.

The intra-day traders may go long in Nifty if it trades above 7800 to book profit at 7820. On the flip side if the Nifty trades below 7780 then then may go short to book profit at 7765.

The short-term traders may go long with stop loss at 7780 to book profit at 7900. On the flip side if the Nifty trades below 7765, they may consider going short with a possible target of 7586. However, they may book partial profit at 7718.

The mid-term traders may consider adding Goldman Sachs ETF at 781.05 and 761.11, Lupin at 1725.65, LICHSG FIN at 438.85 and HDFC Bank at 1027.05.

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.

Weekly post on trading tips for November 30 2015 to December 4 2015

If the benchmark index manages to hold above the 7868 mark on closing basis, which seems more likely, then the technical parameters suggest that an intermediate bottom has already been made and the market might see a bullish rally. If the Nifty manages to trade above 7965 it will be headed towards 8090, which should be a strong resistance. On the flip side the immediate support is at 7920 which if broken may see Nifty slide back towards the 7843 mark.

The intraday traders may go long if the Nifty trades above 7950 and book profit at 7975 or 8000, as the case may be. However, if Nifty trades below 7920, they may go short and book profit at  7895 or 7870. as the case may be.

The short term traders who went long in December series as per our advice in our previous post, may continue to ride their long positions and even consider adding fresh longs raising the stop loss to 7800 for a possible target of 8090.

The mid-term investors may consider going long in HDFC bank with a target of 1148. They may also consider selling Lupin at 1987, Zee entertainment at 426.95 and Goldman Sachs Nifty ETF at 819.71.

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.

Weekly post on trading tips for November 23 2015 to November 27 2015

The market will continue to be weak even if it might show a few flash-ups here and there owing to the settlement of the November F&O series which is due on November 26 2015. It may also be kept in mind that the market will remain closed on November 25 2015.

The intra-day traders may go long if the Nifty trades above 7885 to book profit at 7910. They may however, short Nifty if it trades below 7850 mark to book profits at 7790.

The short-term traders may square off all their positions in Nifty November series and may consider going long in December series in case of weakness with strict stop loss at 7790.

The mid-term investors may consider selling HDFC Bank at 1148.55 and LIC HSG Fin at 533.70 in case if these two rise. They may consider buying Goldman Sachs Nifty ETF at 791.05 & 780.65.

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.

Weekly post on trading tips for November 9 2015 to November 13 2015

The only positive takeaway in a market with weak sentiment was that the immediate support of 7938 held on closing basis on both the previous sessions. Otherwise, the benchmark index continues to be weak both as projected by the technical parameters as well as lack of leadership of any sector in particular. Moreover, the upcoming week will be a truncated week due to holidays on November 11 2015 and November 12 2015. However, the market will open in the evening for Muhurat trading on November 11 2015.

The immediate support for the nifty is at 7944 which if broken will see the index drifting towards the next support of 7882, 7843 and then finally towards 7586.

On the flip side, if the Nifty conquers the resistance of 7960, then one may expect a rise to 8043 and 8179 but chances of it trading on the negative seem strong.

The intra-day traders may go long if the Nifty remains above 7960 and book profit at 7995. Otherwise they may short it and cover around 7935.

The short-term traders may continue riding their longs and add more shorts with loss at 8043.

The mid-term investors may consider adding Nifty ETF at 801.62 and 761.11, LICHSGFIN at 438.90 and 428.65, Lupin at 1765.35 and Axis Gold ETF at 2304.40.
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.

trading tips for November 6 2015

The Nifty behaved very much in the expected lines in our previous post. We expect further weakness, if the immediate support of 7937 is broken, in which case it will drift down to 7844.

The intraday traders are advise to play it on the short side with stop loss at 7976 to book profits at 7925.

The short-term traders may continue to ride their longs with the possible targets of 7882.

The mid-term investors may consider buying LICHSGFIN at  438.90, Lupin at 1795.95, Nifty ETF at 796.05 and Zee entertainment at 390.85

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.

trading tips for November 5 2015

The Nifty is expected to weaken further and what is to be kept in mind is that the support of 7882 holds or not. 

The intra-day traders may go short if the Nifty trades below 8052 to book profit at 8010. They may however go long only if the index trades above 8085 to book profit at 8125.

The short-term traders may ride their short positions and add more with stop loss at 8210 for a possible target of 7882.

The mid-term traders may consider buying Goldman Sachs Nifty ETF at 803.3 and Lupin at 1797.80 in small quantities.

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.

Trading tips for November 4 2015.

Like we had stated in our previous post, it indeed was a dead cat bounce and then profit booking set in and dragged Nifty down to 8031 before closing at 8060. The market may be considered weak as long as it does not conquer the resistance of 8205 with the target of 7882.

The intra-day traders may go long if the Nifty trades above 8076 with stop loss at 8060 to book profit at 8100 or thereabouts. On the other hand if the Nifty trades below 8045 then they may short the index with stop loss at 8065 to book profit at 8010.

The short-term traders may play it on the short side with stop loss at 8210 for the target of 7882 or thereabouts.

The mid-term investors may buy Goldman Sachs Nifty ETF at 801.62, Lupin at 1810 in small quantities.

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.

Markets for November 3 2015

The benchmark index has definitely turned weak as the support of 8070 got breached and baring a dead cat bounce, we presume it to weaken further with the next support being at 7882.

The intra-day traders may go long only if the Nifty trades above 8035 to book profit at 8055 with stop loss at 8010. However, if the Nifty trades below the 8020 mark in the wee hours then they may short the Nifty to book profit at 7985.

The mid term traders may chase the target of 7882 on the short side with stop loss at 8210.

The mid term investors may consider buying Lupin at 1799.55 and Goldman Sachs Nifty ETF at 801.62 in small quantities.

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.

Weekly post on trading tips for November 2 2015 to November 6 2015

If the Nifty does not show a bounce back and the support of 8070 is conclusively broken on the upcoming trading session then things do not augur well for the bulls and fresh supply will emerge where traders will press fresh short positions. In such a case the immediate support is at 7882 and then at 7586 and 7458.

On the flip side, if the benchmark index somehow manages to hold the support of 8070 and trades consistently above the 8100 mark then the new resistances are at 8225 and 8346.

The intra-day traders may go long if the Nifty trades above 8085 to book profit at 8115. They may however short the market if it trades below 8050 and book profit at 8024.

The short-term traders may go short in Nifty if it trades below 8070 for a possible target of 7882.

The mid term investors may consider buying Goldman Sachs Nifty ETF at 803.21 and 761.11 in small quantities. They may also consider buying Dr Reddy at 4189.10 and 4059.35, Lupin at 1897.95 and 1752.65, Maruti at 4347.35 and Bajaj Auto at 2476.40.

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.

Weekly post on trading tips for October 26 2015 to October 30 2015

First and foremost, it may be kept in mind that the settlement of October F&O series is due on October 29 2015 and there the market may turn violent and jittery. So one may trade/ invest with caution and tend to be nimble footed.

The immediate resistance for the benchmark index is at 8346, which if conquered, will see the Nifty headed towards the next target of 8515. On the flip side the immediate support is at 8300, which if broken will see Nifty gravitate towards the next supports of 8257, 8180,7934 and 7840.

The intraday traders may go long if the nifty trades above 8300 and book profit at 8320 and 8346.

The short-term traders may book their longs of October series. However, if the nifty falls down then they may take advantage of the weakness and start making long positions in November series with stop loss at 8180.

The mid-term investors may sell 10 % of their holdings in HDFC bank at 1148.55, Goldman Sachs nifty ETF at 847.36 and LIC housing at 533.70. In case of decline they may add Goldman Sachs nifty ETF at 828.45 and 801.05.

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. 

Weekly post on trading tips for October 19 2015 to October 23 2015

The market, although may seem bullish but one can not rule out the possibility of profit booking coming in for every rise and short selling, which drags the benchmark index below the key supports. We presume that traders may continue to remain nimble footed with the strategy of selling on rise and buying on dips. It may also be kept in mind that this is a truncated week, October 22 being a holiday and settlement is next week on October 29.
The next resistance is at 8346 and the immediate supports are at 8184, 8148.
The intraday traders may go long if the index trades above the 8210 mark to book profits at 8265. Otherwise they may short the index to cover it at 8185.
The short-term traders may ride their longs and add long positions with stop loss at 8130.
The mid-term investors may start selling 10 % of their holdings in HDFC bank at 1122.50, goldman sachs nifty ETF at 844.80 and LIC housing at 510.75

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.

Trading tips for October 13 2015

The market seems to be very much in bullish trend inspite of the profit booking in the previous session because the profit booking- pressure of weak hands was not able to take out the support of 8105. However the markets are expected to be a bit weak on the opening bell.

The intraday traders may go long if the nifty trades above the 8175 mark to book profits at 8205. On the flip side they may short the Nifty if it trades below the 8150 mark to book profits at 8110.

The short-term investors may continue to go long on every weakness with stop loss at 7900.

The mid-term investors may try to book profits in case of strength in the market at the rates specified in our previous post.

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.

Weekly post on trading tips for October 12 2015 to October 16 2015

The nifty seems to be in a bullish mode and if the resistance of 8210 is conclusively conquered on closing basis with good volumes then the market will be headed towards the next resistances of 8346 and 8515.

On the flip side if the support of 8154 is broken on closing basis with good volumes then the next supports will be at 7897 and 7804.

The intra-day traders may go long if the Nifty trades above the 8198 mark to book profits at 8235. However, if it trades below the 8165 mark then they may play it on the short side to book profits at around 8105.

The short-term traders may continue to trade on the long side with strict stop loss at 8154 with a possible target of 8325.

The mid-term investors may consider selling 10% of their stocks in every rise- HDFC Bank at 1148.55 and LIC housing at 533.70.

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 on trading strategies for October 8 2015 onwards...

The markets are behaving very much in the expected lines as we had stated in our weekly post. The resistance of 8150 has been conquered in the last two sessions on closing basis and so it is quite natural that we are headed towards the next resistance of 8210.

The intra-day traders may go long if the Nifty trades above 8170 with strict stop loss at 8150 to book profits at around 8190/ 8225, as the case may be. However if it trades below 8150 with volumes then they may go short on nifty to cover at 8124.

The short-term investors may consider going long in Nifty with strict stop loss at 8110 with a possible target of 8200.

The mid-term investors may consider selling Axis Bank at 519.75 and buying ITC at 335.35 (with stop loss at 330.)

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.

Weekly post on trading tips for October 5 2015 to October 9 2015

The support of 7730 held throughout the week on closing basis, though the Nifty did slip below it in one session but bounced back immediately. However, the position continues to be the same as it was last week with critical supports at 7730, 7586 and 7458. But we expect it to be bullish, though there is no clear cut stock or sector leadership. The resistance is at 7978 which if conquered will see Nifty heading towards 8150 and 8210.

The intra-day traders may short the Nifty if it trades below 7970 to book profit at 7920. They may go long if the Nifty trades above 7980 to book profit at 7995 or 8110, as the case may be.

The short-term traders may continue to form long positions even in case of weakness with strict stop loss at 7730 with a possible target of 8150. They may also consider going long in Lupin with stop loss at 1950 for a possible target of 2240.

The mid-term investors may consider buying L&T at 1449.75, Goldman Sachs Nifty ETF at 793.10, Coal India at 319.30 and 783.94 and LIC housing at 441.80 - all in small quantities.

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.

Weekly post on trading tips September 28 2015 to October 1 2015

With the settlement behind us now we have to see that the Nifty does not breach the support of 7730, which is important for if this support is broken conclusively on closing basis with good volumes, then we may see a fresh bout of selling coming in which may take the benchmark index down to 7586 and 7458 levels. On the flip side if the Nifty somehow manages to stay above the 7932 mark conclusively on closing basis with good volumes, then fresh buying might emerge taking Nifty to 8151 or 8208 levels. It may however be kept in mind that this is a truncated week with October 2 2015 being a holiday.

That being said, the intra-day traders may go long with stop loss at 7850 to book profits at 7907. However, if the nifty trades below 7845 then they may play it on the short side with stop loss at 7860 to book profit at 7838.

The short-term traders may open long positions if the Nifty cracks down further with stop loss at 7730 for a possible target of 7951.

The mid-term investors may consider buying Coal India at 313.60, 308.75 and 301.45 in small quantities. They may also consider buying Goldman Sachs Nifty ETF at 788.21, 775.15 and 761.26 in small quantities.

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 on trading strategies for September 24 2015

The day of settlement has finally arrived taking most of the traders on a ride. 

The benchmark index continues to be bullish as the Nifty ended in positive territory inspite of the initial hiccup that made it see the low of 7723, but the bounce back was very much in the expected lines.

The support is now at 7784, which if breached will see the benchmark index to test the supports of 7736 and 7586.

On the flip side, the resistances are at 7910, which if conquered will see Nifty give it a try at 7955 and 8150.

The intra-day traders may go long if the Nifty trades above the 7810 mark to book profit at 7900. On the other hand if the Nifty trades below 7784, they may short the Nifty to book profit at 7735.

The short-term traders may consider going long in nifty in the October series with stop loss at 7730.

The mid-term investors may consider buying Marico at 375.05, LIC Housing at 418.85, Goldman Sachs Nifty ETF at 782.87 and 767.78 and Coal India at 307.90; all in small quantities.

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 on trading for September 23 2015

The nifty was technically in bullish mode as we had indicated in our previous post.

but the settlement blues seemed to set in, which may be construed as an opportunity for those taking positions in the October F&O series.

That being said, the immediate support for Nifty is at 7736 and if that is breached then we may see Nifty sliding towards 7586 and then at 7458.

On the flip side, the immediate resistance is at 7885 and if that is conquered then at 7955 and 8152.

The intra-day traders may go long if the benchmark index trades above the 7875 mark and book profit at 7932. Otherwise they may short the Nifty and cover it at around 7725.

The short-term traders may go long in the October series with stop loss at 7730.

The mid-term investors may bid for Goldman Sachs nifty ETF at 783.57, 772.4 and 758.1 in small quantities. They may also consider buying HDFC Bank at 1003.95 and 982.6 and LIC HSG Finance at 408.15, all in small quantities.

We remind our followers again that this being a truncated week and also settlement being due this Thursday, one must be very careful in committing positions and be alert.

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.

Weekly post on trading tips September 22 2015 to September 24 2015

The Nifty continues to be in bullish mode showing quite a strength, even though it slipped down a bit in previous session. The next resistance is at 8150.

The intraday traders may go long in Nifty with stop loss at 7950 and book profit at 8002.

The short-term traders may go long even if there is weakness with stop loss at 7920 with a possible target of 8135.

The mid-term investors may continue buying Goldman Sachs Nifty ETF by placing bids at 794.90 and 783.45. They may also consider watching HDFC Bank as it is approaching a major resistance at 1070.
It may however be kept in mind that this is a truncated week on account of holiday on Friday the 25th and also that the settlement of September series is on 24th and therefore the market may be expected to be rather volatile.

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.

Trading tips for September 16 2015

The intraday traders may go long if the index trades above the 7849 mark with stop loss at 7830 and book profit around 7910.

The short-term traders may consider going long if the resistance of 7880 is conquered on closing basis for a possible target of 8150.

Mid-term investors may bid for Goldman Sachs Nifty ETF at 785.25 and offer Marico at 434.10 and 447.95.

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.

Trading tips for September 15 2015

Intra-day traders may go long if the nifty trades above the 7838 mark and book profit at 7910. They may however trade on the short side if the index trades below the 7805 mark to book profit at 7750.
Short-term traders may consider going long in Nifty with stop loss at 7800.
Mid-term investors may bid Goldman Sachs Nifty exchange traded scheme at 778.45 and offer Marico at 434.10.
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.

WeeklyTrading strategies for the September 14 2015 to September 18 2015.

7656.85 is the new support, which if breached will see Nifty gravitate towards 7586, 7458 and ultimately towards 7150. However, if the support of 7586 is held, chances of Nifty sliding downwards are less,  in which case it looks like an intermediate bottom has already been made but the volatility will subside gradually as the index will start consolidating. 

On the flip side the resistances are at 7880, 8151 and 8208.

In case of a rise, the intra-day traders may play it on the short side,  with stop loss at 7810 to book profit at 7752. However, they may go long if the Nifty trades above the 7805 mark and holds above this point for more than an hour and book profit at 7850.

The short-term traders may stay nimble footed and get in and out depending on the resistances conquered (go long) or supports broken (go short) as there is no sign of a clear direction thus far.

The mid-term investors may consider buying Goldman Sachs Nifty Exchange traded scheme at 778.45 and 761.15. They may also consider buying Coal India at 323.35, Marico at 385.25 and Lupin at 1755.20 in small quantities.

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.

Indian Markets for September 8 2015

It is quite clear that we are headed towards the support of 7458 and 7150, but the end of the bearish rally must lie between the two supports as per the technicals.
The intra-day traders may go short with stop loss at 7603 and book profit at around 7510.
The short term traders may ride their shorts with a possible target of 7458.
The mid term investors may consider buying Coal India at 315.75, HDFC Bank at 943.25, LIC Housing Finance at 375.05, Lupin at 1698.20 and Goldman Sachs Nifty Exchange traded scheme at 736.40.

They may also consider investing through SIP in Birla Sunlife Top 100 (G) and SBI Blue Chip Fund (G).

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.

29 August 2015 Tips on stock picks and trading strategies for the week September 7 2015 to September 11 2015.

As we had stated in our previous post, we are headed towards the crucial support of 7586, which if breached may see Nifty slide further towards 7458 and then 7150. On the other hand the index faces immediate resistance at 7736 which if conquered may see it test the resistance of 7914. The technical indicators, however, suggest a brief stop to this down slide which may also result in a relief rally, but overall the markets are still in a bearish mode.

The intra-day traders may go long if the index trades consistently above 7642 mark with good volumes and book their profit when Nifty is around 7690. Otherwise they may short the Nifty to book profit at 7590.

The short-term traders may book their profit at 7586, if they have been carrying shorts. They may open fresh shorts in case if the Nifty shows a bit of strength 7730, 7760 and 7865 with stop loss at 7920.

The mid term investors may consider placing bid in small quantities for Coal India at 329.25, HDFC Bank at 956.05, LIC Housing Finance at 393.75, Lupin at 1802.95 and Goldman Sachs Nifty Exchange traded scheme at 773.25, 765.45 and 758.05. They may also consider investing through SIP in Birla Sunlife Top 100 (G) and SBI Blue Chip Fund (G).

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 on stock picks and trading strategies for the week August 31 2015 to September 4 2015.

The crucial support of 7586 held although this time it went down to 7667.25 and closed at 8001.95 towards the end of the week. The immediate support for the week is at 7829 and the resistance is at 8200. In case of a breach of the weekly support, the benchmark index will again slide towards 7586 and 7459. On the other hand, if the resistance of 8200 is conquered then the index will face successive resistances at 8257, 8395 and 8565.

The intraday traders may go long only if the Nifty trades above 8018 and book profit at 8042. In the flip side if the Nifty trades below 7985 then they may play it on the short side and book profit at 7945.

The short-term traders may go long in case of weakness in Nifty with strict stop loss at 7827 with a possible target of 8148. However, if the Nifty trades below 7827, they may short the index with a possible target of 7785.

The mid-term investors are advised to buy Coal India at 345.65,  HDFC Bank at 1014.40, LIC Housing finance at 418.45 and Goldman Sachs Nifty exchange traded scheme at  798.40 and 793.45 all in small quantities. They may also consider selling Marico industries at 441.80.

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.

Nifty for August 25 2015

With the key support of 7882 gone, we are headed towards the next support of 7586 unless of course, short covering kicks in. We are of the opinion that that some hedge fund has gone berserk due to bad decisions and is selling to carry it's losses elsewhere, where it believes things will change. Nevertheless, the moot point for us is at which point should we pick up the stocks and what trading strategy should we adopt. On this count, it is alarming that, the settlement of August F&O series expiring on August 27 2014, one need be careful of not being tricked into buying or selling.

Keeping that in mind, if the Nifty trades above the 7885 mark in the wee hours of trading tomorrow, then there is a some hope for the bulls and one may go long to book profits at 7935. Otherwise, if it trades below 7780, then they may short the Nifty to book profits at 7705.

Short-term traders may abstain as they market is weak yet oversold and therefore the direction can't be predicted as of now.

Mid-term investors may consider buying HDFC Bank at 914.20 and LIC Housing Finance at 389.75 or 375.20.

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 on stock picks and trading strategies for the week August 24 2015 to August 28 2015.

Our mid term support of 8213 held as the benchmark index bounced back from 8225. However, the bounce back was only a short covering and the support of 8213 is to be kept in mind. However if the support of 8213 is breached then we are headed towards the rock support of 7882. Moreover, the settlement of F&O series is due on 27 August 2015 and therefore short term traders may be careful or abstain from trading.

The intraday traders may go long in Nifty only if it trades above the 8285 mark to book profit at 8335. They may short the Nifty if it trades below 8250 to book profit at 8213.

Short term traders may abstain today. If an opportunity arises we will advise in a subsequent post.

Mid term investors may seek opportunity in stocks like HDFC Bank and LIC housing Finance and add more of them to their portfolio in every melt down; HDFC Bank @ 1042.8 and LICHSGFIN @438.35 & 429.95 in small quantities.

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 on stock picks and trading strategies for the week August 17 2015 to August 21 2015.

The Nifty did manage to hold above the support of 8213 and bounced back from the 8337.95 mark. Whether the bounce back was merely a short-covering or an attempt by the bulls to take command will be clear if the Nifty holds above the 8411 mark which is a key support for the short term. If it, however manages to conquer the resistance of 8552, then it may head towards 8668.

The intra-day traders may trade on the long side to book profit at 8550 with stop loss at 8470.

The short-term traders may short the index if the support of 8411 gets breached. They may go long if the nifty trades conclusively above 8525 with good volumes with stop loss at 8510.

The mid-term investors may sell the key stocks on every rise.

Tips on stock picks and trading strategies.

The immediate support and any indication of hope for bulls in near term is at 8436 which if broken will see more selling coming in especially in the key stocks we have been recommending.

The intra-day traders may go long only if the nifty stays above the 8490 mark and book profit at 8531. They may short the Nifty below 8450 to book profit at 8436.

In case if 8400 is conclusively breached with volumes, we advise the short-term traders to short Nifty for the next target of 8256. 

Mid-term investors may continue to sell their holdings in every rise and turn stocks to cash.
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.

Trading opportunities for week 10 August to 14 August 2015

If the Nifty conquers the resistance of 8590 with good volumes then chances of a rally cannot be ruled out which may take up the benchmark index to 8668 and beyond. Otherwise, the supports is at 8430.

The intra-day traders may go long if the Nifty holds its head above the 8575 mark with volumes and for longer time and book profit at around 8590. Otherwise, i.e. if it trades below the 8565 mark they may play it on the short side to book profit at 8548.

The short-term traders may go long only if the index stays above the 8600 mark with stop loss at 8585.

The mid-term investors may chose the SIP route to invest in Birla Sun Life Top 100 (G) and SBI Blue Chip Fund (G), as the direction of market is yet not clear for the mid term horizon. They may also consider selling the key stocks in every rise in quantum of 10% of their total holdings in the stocks and turn their investments in stocks into cash.
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.

Markets July 23 2015

As stated in our previous post the market is absolutely dicey and may catch one unawares. It is precisely for this reason that we had advised the daily traders to be nimble footed and those who followed our advise mught have gained both in the fall and the rise of Nifty

The day traders may continue to be nible footed and grab whatever they get without any greed.

They may go long if Nifty trades above 8600 to book profit at 8632. They may go short if it trades below 8552 to book profit at 8528.

The short-term traders may go long with stop loss at 8550 for a possible target of 8668.

The mid-term investors may sell the key stocks at each rise unless the resistance of 8668 is conquered effortlessly in the wee hours of trade.

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.

Markets July 22 2014

The index has become more and more unpredictable but the takeaway from today's market is that someone is pushing sale defying the technical parameters of the market. The market has therefore become very dangerous and deceitful. Something is utterly wrong somewhere and so one might as well stay away from the market till some stability emerges.

Intra-day traders if they are compulsive traders are advised to be nimble footed. They may trade on the short side if the index trades below 8522 in the opening hour and book profit at 8505. They may go long only if the Nifty conquers the resistance of 8565 and get out at 8595.

Short-term traders may stay on the sidelines for now as they might burn their fingers.

Mid-term investors may consider selling all the key stocks in small quantities in every rise and turn their portfolio completely into cash.

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.

Markets July 21 2014

The technicals of the Nifty suggest that a bullish pattern is there though somewhat unconfirmed. With that in mind the immediate support is at 8584 and the immediate resistance is at 8611. It seems that the bulls are not in a mood to give up.
Having said that the intra-day traders may go long if the Nifty trades above 8595 in the wee hours conclusively and book profit at 8637. They may however trade on the short side if the index trades below 8580 to book profits at 8565.
The short term traders may trade on the long side with strict stop loss at 8575. They may also consider going long in Axis Bank with strict stop loss at 598.
The mid term investors may consider offering Bank of Baroda at 162.20, Tata Motors at 411.25, in small quantities. They may also consider checking our weekly post.
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.

Weekly tips on stock picks and trading strategies

The breakout of the range came up on the previous session and therefore, now 8501 should act as the new support as the Nifty should face resistance at 8668 which if conquered, the Nifty should inch up with positive bias eventually leading towards formation of all time highs. But that is beyond the current week.

As for the week, the immediate resistance is at 8623 and the intra-day traders may go long above this point to book profit at 8654. They may however go short if the index trades below the 8612 to book profit at 8581.

The short-term traders may go long with stop loss at 8575 and book profits at 8668.

The mid-term investors may wait and watch. If the index conquers the 8668 mark then they may hold the key stocks. Otherwise, i.e. if the Nifty is unable to conquer the 8668 mark or happens to be unable to sustain the current levels, then they may start selling the key stocks at every rise. As of now they may consider selling Tata Motors between 404 to 416.95 in small quantities. They may also consider selling Bank of Baroda at 160.20. Buy Idea Cellular at 173.8 and 165 in small quantities.

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 on stock picks and trading strategies for July 17 2015

There seems to be a breakout above the crucial resistance of 8501 yet the Friday trades will confirm the breakout; we are yet however apprehensive due to a typical volatility that has set into the market and as of now only suggests that it is but a sell on rise market. 
With that in mind, the intra-day traders may go long only if the index trades above the 8595 mark to book profits at around 8632. They may however, go short of the index trades below the 8575 mark to book profit at around 8565.
The short-term traders may go long with strict stop loss at 8560. They may go long in Axis Bank with strict stop loss at 592 with a possible target of 645.50 (the target may be revised in our next post but the technicals suggest a bull run) 
The mid term investors may continue selling Tata Motors at 401.95 and 403.95 in small quantums. They may consider buying HDFC Bank at around 1110 to 1102 points, Axis Gold at 2383.95, sell bank of Baroda at 160.10, sell Federal Bank around 79.20, offer HDFC Bank at 1143.85, bid Idea at 174.30 and Lupin with stop loss at 1890 with an immediate target of 2157.20.
A WORD OF CAUTION THOUGH THAT ONE OUGHT BE NIMBLE FOOTED AT THIS POINT OF TIME AS WE ARE UNABLE TO RULE OUT VOLATILITY IN MARKET WHICH MIGHT AS WELL TRAP THE NAIVE. BE CAREFUL GUYS.
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 on stock picks and trading strategies for July 16 2015

The benchmark index once more shot above the crucial 8501 resistance but it has yet to be seen whether it manages to stay above 8501 which, once again, happens to be the immediate support for short-term traders.

However, the intra-day traders may go long of the index manages to stay above the 8510 mark in the wee trading moments and book profit at 8542 or thereabouts. On the flip side, they may go short if the index slips to sub 8500 level and book profit at around 8470.

The short-term traders may however stay away from Nifty and rather go long in Lupin with strict stop loss at 1905 for a possible target of 1981.

Mid-term investors may consider selling Tata Motors in every rise in small quantities and exit the counter as it has been beaten beyond recognition from a mid-term perspective.

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 on stock picks and trading strategies for July 15 2015

As we had suspected in our previous post, the Nifty was unable to conquer the key resistance of 8467 with good volumes and therefore slipped below to 8441.55 towards the end of the session closing at 8454.10.

The intra-day traders may go long only if it trades above 8465 and book profit at 8478. However, if the index slips below 8445 then they may short the Nifty and book profit at 8425.

The short-term traders may consider covering their shorts at 8390 with strict stop loss at 8481.

Mid term investors may exit Tata Motors at every rise and consider buying HDFC Bank at around 1077.65 in small quantities.

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 on stock picks and trading strategies for July 14 2015

The Nifty managed to almost wobble around the 8365 mark and eventually broke it taking it to above our resistance of 8467 but eventually closed below at 8459.65. We however hold that the index is not out of the woods as yet as it has yet to conquer the resistance of 8467 with good volumes. Chances of another sell of can not be ruled out. The best one can expect is a volatile market with sudden swings in either side eventually ending in consolidation before another leg up. 

The intraday traders may go long as long as the nifty stays above the 8430 mark and book profit at 8490.

The short-term traders may go long only if the resistance of 8467 is conquered conclusively with good volumes and ride it till 8660. Otherwise, they may short the index and cover it around 8380.

Mid-term investors may consider selling Tata Motors at 416.50 and buying Idea Cellular at 165.75 in small quantities.

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.