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

As we had predicted in our previous post, the breakout did come and the support of 8256 too got breached which implies that there will be weakness in the immediate term with supports at 8417 which if breached will see the benchmark index gravitating towards 8229.

The intra-day traders may go short if the Nifty trades below 8435 with stop loss at 8472 to book profits at 8398.

The short-term traders may play it on the short side in case of a rise with stop loss at 8552. 

The mid-term investors may however consider selling the stocks owned by them in every rise in small quantities ie 10% of their holding each time the market goes up. As for the offer prices at which they should be sold, please write to us regarding the detail of the stocks you hold in your portfolio.  Kindly send the quantity and price at which you bought them. Much better, subscribe by email. It is free. 

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 December 8 2014.

Quite in line with the expected weakness as envisaged in our previous post, the benchmark index hit our predicted resistance of 8588 and being unable to conquer it, it became weak and lost quite a bit of the ground before the close. The positive takeaway was that our support of 8503 did hold inspite of the fact that all the day’s gains got wiped out completely by the end. The technical parameters however suggest that a breakout from the range of the last five sessions seems imminent; the direction of it depending on whether the supports of 8503 and/or 8456 hold or not.

The intra-day traders may go long if the Nifty trades above 8577 with stop loss at 8560 to book profits at 8588 and 8610 . Otherwise they may play it on the short side and book successive profits at around 8503 or at 8456 as the case may be.

In case of weakness, the short-term traders may consider adding long positions in Nifty with stop loss at 8456. However in case of a breach of 8456 with good volumes conclusively, they may open fresh shorts.

The mid-term investors may however consider selling the stocks owned by them in every rise in small quantities ie 10% of their holding each time the market goes up. As for the offer prices at which they should be sold, please write to us regarding the detail of the stocks you hold in your portfolio.  Kindly send the quantity and price at which you bought them. Much better, subscribe by email. It is free. 

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 December 5 2014.

Although the benchmark index did show a bit of strength on opening in the previous session yet all the gains petered out in the mid session before the Nifty once again inched up a bit towards the close. The immediate trend should be weak.

What is of concern is whether the support of 8503 gets breached or not in case of which the next intermediate support is at 8456.

The intra-day traders may go long if the Nifty trades above 8588 with stop loss at 8570 to book profits at 8618. However if it trades below 8544 in the wee hours of trade, then they may play it on the short side and book successive profits at around 8503 or at 8456.

In case of weakness, the short-term traders may consider adding long positions in Nifty with stop loss at 8456. However in case of a breach of 8456 with good volumes conclusively, they may open fresh shorts.

The mid-term investors may consider exiting Bank of India by offering it at 318.55 and bid for Bank of Baroda at 1040.90, LIC Housing Finance at 407 and Marico at 310.05 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 for traders and investors in the Indian Stock Markets for December 4 2014.

The benchmark index remained inconclusive yet again and bounced back from 8508. However, it refused to go up either and hence it may be presumed that we are standing on a very precarious ground which might as well turn out to be dangerous.
It is therefore reiterated that if the support of 8503 gets breached somehow in the ensuing sessions then the Nifty will head towards the next intermediate support of 8456. On the other hand if the Nifty manages to stick its head above 8532 levels, then it will bounce back with immediate resistances at 8540 and 8577. Above 8577, one may expect to see short covering kicking in, in which case the index will be propelled towards yet new all time highs. However, a breach of the support of 8456 will see fresh shorts in the system which will push the index down to 8435, 8417, 8229 and 8067.

The intra-day traders may go long if the Nifty trades above 8535 with stop loss at 8525 to book successive profits at 8553 & 8577. However if it trades below 8520 in the wee hours of trade, then they may play it on the short side and book successive profits at around 8503 or at 8456.

In case of weakness, the short-term traders may consider adding long positions in Nifty with stop loss at 8456. However in case of a breach of 8456, they may open fresh shorts.

The mid-term investors may consider exiting Bank of India by offering it at 318.55 and bid for Bank of Baroda at 1040.90, LIC Housing Finance at 407 and Marico at 310.05 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 for traders and investors in the Indian Stock Markets for December 3 2014.

Our support of 8503 did hold in the previous session as the benchmark index bounced up from the low of 8504.65. However if this support gets breached somehow in the ensuing sessions then the Nifty will head towards the next intermediate support of 8456. On the other hand if the Nifty manages to stick its head above 8525 levels, then it will bounce back with immediate resistances at 8540 and 8577. Above 8577, one may expect to see short covering kicking in, in which case the index will be propelled towards yet new all time highs. However, a breach of the support of 8456 will see fresh shorts in the system which will push the index down to 8435, 8417, 8229 and 8067.

The intra-day traders may go long if the Nifty trades above 8535 with stop loss at 8520 to book successive profits at 8577. However if it trades below 8520 in the wee hours of trade, then they may play it on the short side and book successive profits at around 8503 or at 8456.

In case of weakness, the short-term traders may consider buying back the Nifty 8700 Calls of December series that they might have sold earlier as per our advice. They may also consider adding long positions in Nifty with stop loss at 8456. However in case of a breach of 8456, they may open fresh shorts.

The mid-term investors may consider exiting Bank of India by offering it at 318.55 and bid for Bank of Baroda at 1040.90, LIC Housing Finance at 407 and Marico at 310.05; all these stocks 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 December 2 2014.

The immediate support of 8554 did hold in the previous session on closing basis.

The intra-day traders may go long if the Nifty trades above 8593 with stop loss at 8574 to book successive profits around 8630. However if it trades below 8557 in the wee hours of trade, then they may play it on the short side and book successive profits at around 8530.

The short-term traders may continue to ride their longs raising their trailing stop loss to 8503. At the same time they may hedge their longs by selling Nifty 8700 Calls of December series at 102.25.

The mid-term investors may consider exiting Bank of India by offering it at 318.55 and bid for Bank of Baroda at 1040.90, LIC Housing Finance at 407 and Marico at 310.05; all these stocks in small quantities. It may be noted that the bids and offers are for the whole of next week.

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 December 1 2014.

The Nifty continued it’s upward march unfazed and a little more upside seems inevitable provided that the immediate support of 8554 holds.

The intra-day traders may go long if the Nifty trades above 8601 with stop loss at 8573 to book successive profits around 8631. However if it trades below 8554, then they may play it on the short side and book successive profits at around 8501.

The short-term traders may continue to ride their longs while hedging their longs by selling Nifty 8700 Calls of December series at 113.25.

The mid-term investors may consider exiting Bank of India by offering it at 318.55 and bid for Bank of Baroda at 1038.90, LIC Housing Finance at 407 and Marico at 310.05; all these stocks in small quantities. It may be noted that the bids and offers are for the whole of next week.

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.