Tips for traders and investors in the Indian Stock Markets for August 11 2014.

Now that the support of 7582 has been taken out, but for a bounce back in today’s session, one may expect an intermediate brief period of weakness in the index with the next support at 7394. For any indication of return of bulls, the Nifty must trade above 7671.

The intra-day traders may go long if the benchmark index trades above 7570 mark with stop loss at 7550 and book profit at around 7593 levels. Otherwise, i.e. if the index trades below 7550, they may play it on the short side with stop loss at 7570 and book profit at around 7520.

The short-term traders may add fresh short positions in Nifty in case of intra-day strength with stop loss at 7680. They may ride the Nifty 7500 Put of August series which we had advised them to buy in an earlier post.

Mid-term investors may consider buying ONGC at 376.95 in small quantities.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses.

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 them. 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 August 8 2014.

We continue to reiterate that the market is safe and the intermediate term bull structure is intact for as long as the benchmark index trades above 7582. Nifty might look dangerous at times due to sharp cuts.

The intra-day traders may go long if the benchmark index trades above 7678 mark with stop loss at 7660 and book profit at around 7700 to 7716 levels. They may however, trade on the short side if the Nifty trades below the 7640 mark with stop loss at 7670 and book profit at around 7618.

The short-term traders may consider adding fresh long positions in Nifty in case of intra-day weakness with stop loss at 7570. They are advised to hold on to the Nifty 7700 and 7800 Calls of August series. They may also consider selling a lot of Nifty 7700 Put of August series at 193.65 and buy one lot of Nifty 7500 Put of August series at 14.75. They may also consider buying Tata Steel at 556.40 for short term with strict stop loss at 546.

Mid-term investors may consider buying L&T at 1451.70 and ONGC at 376.95 in small quantities.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses.

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 them. 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 August 7 2014.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses.

The market is safe as long as the benchmark index trades above 7582 although volatility has set in.

The intra-day traders may go long if the benchmark index trades above 7716 mark with stop loss at 7690 and book profit at around 7746. They may however, trade on the short side if the Nifty trades below the 7690 mark in the wee hours of trade with stop loss at 7715 and book profit at around 7654.

The short-term traders may continue to ride their longs and may consider adding fresh long positions in Nifty in case of intra-day weakness with stop loss at 7650. They are advised to hold on to the Nifty 7700 and 7800 Calls of August series. They may also consider selling Nifty 7700 Put of August series at 193.65 and hedge it simultaneously by buying  twice the number of Nifty 7500 Put of August series at 14.75.

Mid-term investors may consider buying L&T at 1451.70 and ONGC at 376.95 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 them. 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 August 6 2014.

After a lot of hesitation in the first few hours, the sentiment improved in the previous session in the latter half. It can be safely concluded that the market is out of danger for the day, though it will consolidate with positive bias in the session.

The intra-day traders may go long if the benchmark index trades above 7715 mark with stop loss at 7698 and book profit at around 7780. They may however, trade on the short side if the Nifty trades below the 7690 mark in the wee hours of trade with stop loss at 7715 and book profit at around 7654.

The short-term traders may continue to ride their longs and may consider adding fresh long positions in Nifty in case of intra-day weakness with stop loss at 7650. They are advised to hold on to the Nifty 7700 and 7800 Calls of August series which we presume they might have bought as per our recommendation in an earlier post.

Mid-term investors may consider buying L&T at 1451.70 and ONGC at 376.95 in small quantities.

A lot of people have lost a lot of money in Capital markets due to their need to get rich quickly  and their innermost desire to gamble, to feel the consequent emotional excitement, over which they have no control. The sole intention of sharing this link is to guide such people by helping them in minimising their losses. 

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 them. 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 August 5 2014.

The market is still in a dangerous zone and a breakout may occur today, the direction of which can not be predicted. Therefore, we reiterate that as long as we are above 7482, all’s well for the index in particular and market in general. Otherwise we are in for a bear market.

That being said the intra-day traders may go long if the benchmark index trades above 7669 with stop loss at 7655 and book profit at around 7711. They may however, trade on the short side if the Nifty trades below the 7632 mark in the wee hours of trade with stop loss at 7666 and book profit at around 7594.

The short-term traders may ride the longs, which we presume that they might have added yesterday as per our advice in our previous post, with stop loss at 7632. 

Mid-term investors may consider buying L&T at 1451.70 and ONGC at 376.95 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 them. 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 August 4 2014.

There indeed was a meltdown as we had indicated in our previous post when Nifty came down whereby the immediate trend seems to have turned to weakness. The only positive in favour of the market is that the rock support of 7582 remained uncompromised. As long as we are above 7582 on closing basis, all is well for the index in particular and market in general. Otherwise we are in for a bear market.

That being said the intra-day traders may go long if the benchmark index trades above 7640 with stop loss at 7630 and book profit at around 7668. They may however, trade on the short side if the Nifty trades below the 7620 mark in the wee hours of trade with stop loss at 7640 and book profit at around 7558.

The short-term traders may go long in case of further weakness with strict stop loss at 7582. They may however consider booking profit by buying back the two lots of Nifty 7700 August call that we had advised them to sell in an earlier post. 

Mid-term investors may consider buying L&T at 1451.70 and ONGC at 376.95 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 them. 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 August 1 2014.

The bullish structure is intact as long as the Nifty stays above the support of 7582, an intermediate support being at 7689. The benchmark index seems poised for new highs albeit with a bit of volatility and sudden meltdowns.

That being said the intra-day traders may go long if the benchmark index trades above 7765 with stop loss at 7740 and book profit at around 7790. They may however, trade on the short side if the Nifty trades below the 7740 mark in the wee hours of trade with stop loss at 7765 and book profit at around 7689.

The short-term traders may build the instrument as per our advice in our previous post. (Click here to check it )

Mid-term investors may consider buying L&T at 1451.70 and ONGC at 376.95 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 them. 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.