17 December 2014

Tips for traders and investors in the Indian Stock Markets for December 18 2014.

The support of 7955 held in the previous session and the Nifty bounced back from the lows of 7961.35. However, the bounce back may not be taken as an end to weakness.
The intra-day traders may go long if the Nifty trades above 8058 to book profit around 8087. Otherwise, they may play it on the short side to book profit at 8007.
The short-term traders may consider covering their short positions.
The mid-term investors may stay away today.




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 17 2014.

If the support of 8068 gets taken out in the ensuing session on closing basis then we are headed towards the next intermittent support of 7955 unless, of course, if there is a bounce back from here on.
The intra-day traders may go long if the Nifty trades above 8105 to book profit around 8145. Otherwise, they may play it on the short side to book profit at 8025.
The short-term traders may play it on the short side lowering their trailing stop loss to 8252.
The mid-term investors may consider buying Axis Bank at 422.20, Bank Of Baroda at 976.10, HDFC Bank at  920.85 and LIC Housing Finance at 375.30 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.

15 December 2014

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

The only positive takeaway from the previous session is that the Nifty bounced back from the lows of 8152.5 and mostly remained bullish without showing any signs of further cracks. But, now with the support of 8230 almost breached, the next support is at 8068, unless of course if there is a bounce back in the benchmark index in the ensuing trading session.
The intra-day traders may go long if the Nifty trades above 8230 with stop loss at 8215 to book profit around 8290. However if it trades below 8204, then they may play it on the short side to book profit at 8175.
The short-term traders may play it on the short side lowering their trailing stop loss to 8300. They may also consider going long in ITC with strict stop loss at 389.05 for a possible target of 408.65.
The mid-term investors may consider buying Axis Bank at 472.85, Bank Of Baroda at 1001.45 & 976.10, HDFC Bank at  920.85 and LIC Housing Finance at 422.80 and 375.30 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.

13 December 2014

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

Now with the support of 8230 almost breached, we should be yet again into another tailspin with the next support at 8068, unless of course if there is a bounce back in the benchmark index in the trading session.
The intra-day traders may go long if the Nifty trades above 8265 with stop loss at 8250 to book profit at 8290. However if it trades below 8240, then they may play it on the short side to book profit at 8260.
The short-term traders may play it on the short side lowering their trailing stop loss to 8470. They may also consider going long in ITC with strict stop loss at 389.05 for a possible target of 408.65.
The mid-term investors may consider buying Axis Bank at 472..85, Bank Of Baroda at 1001.45 & 976.10, HDFC Bank at  920.85 and LIC Housing Finance at 422.80 and 375.30 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.

11 December 2014

Tips for traders and investors in the Indian Stock Markets for December 12 2014.

The overall immediate term trend has turned weak and the benchmark index should find next support at 8229. The market has turned into a buy-in-dips and sell-on-rise kind of mode.
The intra-day traders may go long if the Nifty trades above 8336 with stop loss at 8300 to book profit at 8380. However if it trades below 8280, then they may play it on the short side to book profit at 8260.
The short-term traders may play it on the short side in case of a rise with stop loss at 8491. 
For the mid-term investors it is now a sell on rise and buy on dips kind of market in the range 8230 to 8491 as long as the extremes hold.



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.

10 December 2014

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

The overall immediate term trend has turned weak and the benchmark index should find next support at 8229. The market has turned into a buy-in-dips and sell-on-rise kind of mode.
The intra-day traders may go long if the Nifty trades above 8350 to book profit at 8380. However if it trades below 8325, then they may play it on the short side to book profit at 8295.
The short-term traders may play it on the short side in case of a rise with stop loss at 8510. For the mid-term investors it is now a sell on rise and buy on dips kind of market in the range 8230 to 8510 as long as the extremes hold. A careful buy and sell strategy will improve an individual 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 10 2014.

With all out weakness, the benchmark index should find next support at 8230.
The intra-day traders may go long if the Nifty trades above 8375 to book profits at 8410.
The short-term traders may continue playing on the short side with stop loss at 8520. 
For the mid-term investors it is now a sell on rise and buy on dips kind of market as long as the support of 8230 holds and the resistance of 8520 is not conquered.



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.